Wednesday, November 4, 2009

Holiday Price Wars off to a blazing start...thanks to Amazon.com

You just knew all the major retailers were primed to battle it out this Holiday season for the shrinking budgets of the almighty American consumer. Especially after the majority of these peddlers took it on the chin in the Holiday bloodbath of 2008. The really savvy retailer knows you have to make a big splash early in the game. As soon as Halloween ends, the kid gloves come off. In the past week alone I think our household has received at least a dozen different shopping catalogs each packed with promises of deep discounts and free shipping.

Last year while nearly every retailer suffered shocking losses in the make or break fourth quarter, only Amazon.com saw not only an increase in year to year sales but profits as well. So while it's no surprise to see very good bargains on Amazon early here in November, it's absolutely jaw-dropping to see them pre-selling many of this year's summer blockbuster films IN THE BLU-RAY format well under $20. It's always a good deal when you find new releases on DVD around or just under $20 but up until this year it's just been unheard of in the Blu-Ray format.

Examples as of November 4th:

Harry Potter & the Half Blood Prince: List Price is $35.99, Amazon preorder price is $16.99!

Terminator Salvation Director's Cut: List Price is $35.99, Amazon preorder price is $16.99!

Even a Disney/Pixar title like UP! that originally listed at $45.99 is currently $19.99. For a FOUR DISK Combo set. No way Target or Best Buy will beat deals like this in their circulars.

If anyone has been on the fence about Blu-Ray because of cost, this is clearly the Holiday season that excuse will end. Already, Wal-Mart is advertising they are about to offer reliable brand Blu-Ray players for under $150.

Even if you are not interested in purchasing any Blu-Ray product the point is that these offerings are indicative as to how crazy the price wars are about to become and Amazon.com is determined to lead the way. Amazon and Wal-Mart are both clearly ready for the war. Target, Best Buy and the rest better have learned from last year's mistakes and have some tricks up their sleeves.

It's going to be a fun year to shop and even more fun to watch. Best deals of the season are always offered in November when they need YOU. By the second week of December, YOU need them as the final shopping days for Christmas count down.

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