How to Track Price Drops With AI Quiz

Answers and explanations appear as you take the quiz.

1. A listing says 'Was $299, now $199.' What can a price-history chart tell you that the label cannot?
   • Whether the item actually sold at $299 for a meaningful period, or rarely at all
   • Whether nearby stores have the item in stock
   • How much profit the retailer makes on the item
   • Whether the manufacturer will release a new model soon
2. Why does it matter that Keepa and CamelCamelCamel chart Amazon's own price separately from third-party new prices?
   • Third-party prices are always higher than Amazon's
   • A low third-party price may come with high shipping costs or a less reliable seller
   • Amazon's own price is never recorded by these tools
   • You can't set alerts on third-party listings
3. What kind of target price does the guide recommend for a price alert?
   • The single all-time low from a clearance event
   • The manufacturer's list price
   • A price the item has reached several times in the past
   • Whatever price a chatbot predicts for next month
4. Why can a big-box retailer's 'exclusive' TV be hard to compare with the same brand at other stores?
   • Exclusive models are always refurbished
   • Price trackers can't record exclusive models
   • Retailers aren't allowed to discount exclusive models
   • It may have a different model number and different components
5. A chart shows a price rising two weeks before a '40% off' promotion. What does this most likely mean?
   • The item became more valuable because demand rose
   • The discount is measured from a temporarily raised price
   • The retailer is about to run out of stock
   • The price tracker is malfunctioning
6. Why might a price tracker miss a flash sale completely?
   • Flash sale prices are never shown to the public
   • Trackers only record prices once a year
   • Trackers check prices on a schedule, so a short-lived price can fall between checks
   • Flash sales only apply to used items
7. You ask a chatbot without web browsing, 'What does this laptop cost today?' What is the main risk?
   • It will always quote the manufacturer's list price
   • It will refuse any shopping question
   • It will place an order automatically
   • It may give a believable but made-up figure, because it has no live price data
8. According to the guide, why doesn't waiting for a lower price always pay off?
   • Popular items can sell out or be replaced by a new model
   • Prices never drop after a product launches
   • Trackers stop working after 30 days
   • Retailers cancel return policies after sales