Newegg CPU price Drama

[cb62fcni]

From last night, the q6600 dropped from 365 to 325 but still higher than when the price cuts occured (299).

I saw the Q6700 @ 619, and the QX6700 for about 980. What does zipsoomfly want for the qx6700 if they even have any? I know there's about a 400 dollar price difference between the qx6850s on both sites.

I agree w/ meegus on all his points. Newegg is starting to worry me. If they keep this up, I'll be shopping elsewhere for good deals. I've been shopping w/ them b/c of

1. customer service
2. consistent prices
3. fair and often lower than the compeditor's prices

I hope those days are not at an end.

Most likely, this is a reaction to the price drop frenzy. Now when penryn arrives, will this happen again? I hope not!

I agree with DJ Jumbles, their stock system must be accounting for # of orders placed over a given time for each item in stock and dynamically adjusting pricing. At the same time, items that have low demand are flagged for price reductions and posted to the front page of each subsection. Now, this is very smart from a business point of view, as there is simply no way you could implement non-automated dynamic pricing without incurring a huge cost in manpower. The problem with the system is how the public perceives it. The system, overall, benefits both the company and newegg customers shopping for less demanded products. For example, ZipZoomFly doesn't offer a GTX for less than 505 (MIR) whereas Newegg has them available for 486 (MIR). Memory, the recent price drops that we've seen being the result of DDR3 introduction and a lawsuit against memory manufacturers, is also cheaper at Newegg. Newegg also seems to have more products in stock at any given time, zipzoomfly for example often has half the page of products on backorder.

So based on your 3 criteria:
1. Newegg still offers great customer service
2. Prices are inconsistant for newly introduced and highly demanded products
3. Prices are fair and often lower than the competition for other than highly demanded or new products

So what can consumers do? The dynamic pricing, by increasing profits, likely allows the lower prices we've come to expect on much of Newegg's inventory. It is unlikely that they will completely abandon this pricing structure. So, for enthusiasts, it seems the best course of action is to either excercise patience (not likely) or shop elsewhere for the highly demanded parts.

I really think this is a fluke occurence, it is rare for a 6 month old part to suddenly become highly demanded, and that is why this situation has gotten the amount of coverage that it has. As I stated earlier in the thread, everyone expects the price premiums on brand-new parts. This is one area where newegg really shines, because when brand new parts become available you can count on them to maintain stock long after everyone else, albeit at increased expense.

Anyway, prices are now at 319.99 and will likely continue to fall in 5-10 dollar increments for the next week and a half.

 

[Evilonigiri]

What Newegg did, I think, was a double kill with one shot: They raised the price because of more profit with the excuse of supply not catching up to demand. Howz that?

 

[mikeyp410]

So what your saying is by me putting a order of one q6600 in my cart at the price that I clicked buy (320) and by the time I went to the final check out screen it said 345 is not wrong? Don't you think they should have honored the price that I added to my cart at???? Or the guy that had his order canceled when he paid 320 and then had to pay the extra? I did not end up buying it from there but that is just plain wrong.


Message edited by turpit on 07-26-2007 at 06:20:32 AM

It would depend on the reason the page shows a price increase. I doubt the order system know much about your order until you go to check-out. Then it take the items in your cart and checks them against it's database. If you put an item in your cart and check out 3 days later, you can't expect to get it for that price. If you did see a price change, either you were unlucky enough to have had a price increase in the past 5 min., or there is an error on their website.

Now if Newegg knows the price listed is wrong and does nothing about it, then that is illegal. If they are in the process of changing the prices shown on all the pages at the time you add it to your cart, then there is no harm. It's just bad luck on your part.

In general I don't think it's any more greedy for a company to want to sell something for a higher price, than it is for someone to want to keep their money and not pay that higher price. (Ok numbers of transactions are vastly different, but I'm talking one for one.)

It only becomes greedy when either party sells high because they are a monopoly or otherwise control the overall price of an object or service or back out of a previous agreement when they are still capable of fufilling it (Which New egg may be guilty of.)

Ya I put the item in my cart and checked out right away. It took about 5 seconds to click on the card I wanted to use because my card info is saved on there site. I just got very unlucky or something but it was real crappy since I love shopping at Newegg. They ship out UPS ground from NJ and it gets to my work the next day. I had to go to ZIPZOOM and they are horrid with there processing times and such. I would have paid the extra 10 bucks to get it from Newegg just because of that but I was not going to pay a extra 35. I paid 312 on ZipZoom for overnight shipping compared to the 320 I wanted to spend at newegg. Oh well I got my chip anyhow.

 

[overlandpark4me]

Aside from the guy where the price jumped while he was throwing it in his basket, this is a non issue. You should have been on the phone 3 seconds after that happened btw. People vote with their pocketbook and their perceived value in services, with the 2 not necessarily in unison. I never shopped at the Walmart grocery store because I was comfortable at the Hen House grocery store. I had value there because of certain produce, meets, nice stores, etc. It was more expensive by a lot. I switched when my beloved Broc and Beef by Stouffers went to 5 bucks a bag when the evil empire had them at 380. That's a helluva lot of markup for a grocery store that usually sends 4-5 percent to the bottom line. I have not been back since.

 

[bydesign]

The whole supply and demand thing is true and I agree with it since the prices will be fine when everyone stops buying them BUT!!!!! When I click on the buy now for 320 and when i fill out my credit card info and go to click complete order on the next page and it says $345. THAT MAKES ME MAD!!! That is just plain WRONG! Or as someone yesterday stated. They canceled his order saying there were none in stock BUT they had them in stock for 375 which was more then he originally paid for it. That is a total f.....n SCAM!! and poor BIZZ.

Your quoting someones claim as fact. Newegg is a good etailler but like any smart shopper I shop for my best value. Besides they don't appear to have any G0 stepping versions so why bother. And to the guy that thinks Newegg supports volume purchase for the corporate world I have three words not a chance. At least not for big orders, they don't have anywhere near warehouse volume.

 

[YO_KID37]

You guys stop whining about a badly binned Q6600 B3 stepping and get this if you can only get a B3 and have no other choise

Intel Xeon X3220 Kentsfield 2.4GHz
http://www.newegg.com/Product/Product.aspx?Item=N82E16819117127

It's much cheaper, cooler and better binned than the Q6600 and weather or not a G0 stepping it's overclock will get to 3.2Ghz-3.4Ghz without a hitch(about as good as a Basic G0) and if it is a G0(Better binned), it's overclock will get to 3.4Ghz without much of a(if at all) Voltage bump and it's Maximum Overclock should be 100-200Mhz more than the lower binned Q6600.