Shopping Business

By Evrac Studio

Originally aired on 20 February 2009 Sky Business News, Getprice CEO Chris Hitchen discusses the switch to online shopping and "drift to thrift" caused by the Credit Crunch.

Chris discusses premium retailers such as Harvey Norman and Myer making their entries into the world of online retail, and the considerations that must be made when balancing price and quality of service.

Other economy-conscious consumer trends discussed involve the rise of discount supermarkets, the continuing boom in LCD HDTV sales, the fare-wars of online travel agents, the rise in package holidays and tent purchases, and the replacement of gym memberships with treadmills. Mobile phones are replacing digital cameras as Getprice's most popular product category, with massive interest in the RIM Blackberryand phones capable of running Google's Android.

Deals surfacing on Getprice this week? A Sony Plasma for a saving of $1100, J-Lo "Glow" perfume for a discount of $71. An Acer LCD monitor for $101 and a Sony LCD projector for a saving of $500.

http://www.getprice.com.au/
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