- Problem statement number - CBP36
- Title - Student Innovation
- Category - Miscellaneous
- Problem statement : While purchasing products online, individuals often inadvertently buy them when the prices are at their highest.
This problem arises due to several factors:
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Lack of Price Tracking: Consumers may not have access to real-time price tracking tools or may not be actively monitoring price fluctuations.
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Limited Information: Without comprehensive information on past price trends, consumers may not be aware of the best times to make their purchases.
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Dynamic Pricing Algorithms: Online retailers frequently use dynamic pricing algorithms that adjust prices based on factors such as demand, time of day, and browsing history. This can lead to fluctuating prices and make it challenging for consumers to determine the optimal purchasing moment.
Empowering Shoppers: Trackit empowers shoppers to make smarter purchasing decisions by providing comprehensive pricing information and real-time monitoring capabilities.
Facilitating Market Understanding: Sellers can leverage Trackit to gain valuable insights into market trends and competitor pricing strategies, enabling them to optimize their pricing strategies for maximum competitiveness.
Time and Cost Efficiency: By streamlining the process of price analysis and comparison, Trackit saves users valuable time and helps them save money by ensuring they make purchases at the most opportune moments.
Price Drop Email Notifications: Trackit now includes a feature that sends email notifications to users whenever the price of a tracked product drops below a certain threshold. This ensures that users never miss out on a good deal.
The "Trackit" is a web application designed to provide users with information about the highest, lowest, and average prices of any product linked from any platform. Whether you're a savvy shopper looking for the best deal or a seller trying to gauge market trends, this tool can help you make informed decisions.
- Universal Product Analysis: Simply paste the URL of the product page from any platform, and our system will extract relevant pricing information.
- Highest Prize: Quickly see the highest recorded price for the product across different platforms.
- Lowest Prize: Find out the lowest recorded price to help you spot potential bargains.
- Average Prize: Get an idea of the typical price range for the product.
- Paste URL: Copy the URL of the product page you want to analyze.
- Submit: Click the "Submit" button to initiate the analysis.
- View Results: Once the analysis is complete,The respective product will be added in the product column,When you click it , you'll see the highest, lowest, and average prices displayed.
- Sarvesh(@sarvesh-official) - Full stack Developer
- Arun Kumar(@sak23042006) - Full stack Developer
- Harshavardhan(@harsha-1807) - Full stack Developer
- Jason William(@Jasonwill2004) - Full stack Developer
- Krishna Prasath(@EmperorKP) - Full stack Developer
If you encounter any issues or have suggestions for improvement, please open an issue on GitHub. We appreciate your feedback!