Thorny Devil just launched its very own craft beer online shop. Your favourite Blonde and Pale Ale is now a click away. Fantastic deals and discounts await you. Free delivery for orders 1 Case and up. Order now and don’t spare the chance of sipping the famous western Australian award-winning craft beer – Go to thornydevil.beer/shop. Enjoy the following article about the craft beer world. – Buy Cheap Beers Online
Buy Cheap Beers Online: Online prices cheaper than in store? Not so fast
Standing in the checkout line at Walmart waiting to buy a TV or the latest gadget, one might ponder whether it’s cheaper to buy the same television from Walmart online.
Turns out, it’s probably not.
According to a pricing study at the Massachusetts Institute of Technology, major retailers in the United States charge the same price for goods they sell online as compared with in stores about 70 percent of the time.
“One thing this taught me is that I don’t have to worry when I walk into a store, I don’t have to check theprice,” said Alberto Cavallo, a professor of information technology and applied economics at MIT who conducted the study.
Part of the Billion Prices Project at MIT that tracks inflation, the study, which was published in the American Economic Review, is the first large-scale comparison of online and in-store prices, according to Cavallo.
It looked at more than 24,000 products in 10 countries, including 8,000 in the United States, offering a glimpse behind the scenes into retailers’ pricing strategies and whether shopping online is a good value for consumers.
The study, which ran from December 2014 to March 2016, paid recruits to visit stores and scan the barcodes of as many as 50 products from toothpaste to TVs. Retailers included some of the nation’s largest, from Walmart, Target, Stop & Shop, Best Buy, Staples, and CVS, to clothing stores such as Old Navy, Gap, and Banana Republic. The data were fed into a computer program that matched the barcodes to products on the same retailer’s website, comparing prices within seven days of the in-store purchase.
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