Price Guru-product price estimation tool

Example

A user is shopping for a second-hand laptop and is unsure whether the listed price is reasonable. By inputting the laptop's model and condition into Price Guru, the system provides a pricing range, helping the user determine if it's a fair deal.

Scenario

Consumers can use this function to gauge whether they are paying too much for a product or if they’re getting a bargain. It works well for purchases involving used or collectible items where pricing can fluctuate widely.

Example

A small business owner wants to sell handmade jewelry online. They input details about the materials used, craftsmanship, and target market, and Price Guru offers a recommended price based on current market conditions and competition.

Scenario

Sellers, particularly small businesses or independent sellers, can use Price Guru to establish competitive pricing that maximizes their profits without alienating potential customers. This is useful when launching new products or entering competitive markets.

Example

A user is looking to sell a vintage bicycle. After inputting the model and its condition, Price Guru provides not just a pricing recommendation but a comparison of similar items currently listed online.

Scenario

This function helps users understand how their product's price compares with similar items in the market, enabling smarter pricing adjustments. It also benefits buyers looking for a market-wide comparison before making a purchasing decision.