Would you buy a laptop with 2GB of memory priced at 200 dollars, or one with with 4GB at 400 dollars, or 3GB for 250 dollars? The math machine in your
brain will quickly tell you that the 3GB laptop is a better deal because the extra 1 GB is only 50 more from the 2GB. You would feel that the 3GB gives you more "bang for the buck" i.e. more value for your money.
However you want to extend the analysis to other features, such as hard disk size, screen size, weight etc and the incremental analysis becomes much more difficult to do on your finger tip. PriceThinker
is a smart and simple application that allows you to do sophisticated price analysis using features that you can type in numbers for. Simply add the products prices and the quantitative features, and it
will throw out estimates of prices, relative to the data you have provided. If a products actual price is lesser than PriceThinkers estimated price, it is of more value. The %Cheaper tells you how cheaper
the actual cost is relative to PriceThinkers estimate as a percentage. The higher that number is the greater the value you are getting buying that product. Whether you are shopping for your next new home, laptop, stock or car, PriceThinker will help you to be a shrewd shopper.
Example - Comparing Laptops
Step 1. Select or Create Template
Step 2. Add items
In this example we are adding 4 different laptops with various configurations. These are training examples for PriceThinker. Add
atleast 1plus the features used. In this example there are 3 features, add 4 rows of data, to make accurate predictions.
Step 3. Add "What If" Features and Press Think
Add features that you want to make prediction on, and press Think. Price thinker will predict the price for the hypothetical (what if) features, and populate its own though out prices, for the products you added.
Terms of use:
PriceThinker was created as a free service to help consumers compare product features and thier prices. Using it for illegal purposes is forbidden. This service is provided without any warranty of any kind.
PriceThinker - The Features to Price Comparison Tool 