NEW YORK (MainStreet) — Consumer Reports is taking the concept of daily deals to the next level with the launch this week of a new deals hub for electronics.
Each day Consumer Reports will round up gadgets that the publication has previously recommended buying whose prices have since hit a new low. Since the products come with Consumer Reports' much sought-after seal of approval, customers know they are getting a quality gadget.
The service is powered by the price comparison site Decide.com, which not only tracks when prices drop, but also predicts whether prices will continue to drop, hold steady or go back up.
For example, on Friday the deals page advertised one sale for a $568 iPad 2 at Wal-Mart, which the site says should hold steady, and another deal for a $220 Nikon COOLPIX S9100 camera, which may soon be $15 more expensive.
In this way, shoppers can get a truer of sense of when a deal is really worth pouncing on and when they have a little more time to wait.