You want to use CamelCamelCamel for your e-commerce business to hone your competitive edge. While price isn’t the only thing people consider when they buy, it’s almost always an important factor they consider.
If you can offer the best prices for quality products because you used CamelCamelCamel, what do you have to lose? From what we can see ― nothing.
Key Takeaways
- CamelCamelCamel is a free price tracking tool for products sold on Amazon marketplaces in the United States, the United Kingdom, Spain, Italy, Germany, France, Canada, and Australia
- The price-tracking website receives millions of visits every month
- CamelCamelCamel is very popular among buyers because it saves them money by giving them timely information about the best prices of similar products on Amazon
- E-commerce businesses can benefit from CamelCamelCamel since it gives them a competitive edge in pricing
Best e-commerce platform for beginners
Best e-commerce platform for beginners
What Is CamelCamelCamel?
CamelCamelCamel is a free web-based price tracking site for Amazon products in the U.S., U.K., Spain, Italy, Germany, France, Canada, and Australia. In simple terms, you tell CamelCamelCamel what price you would like for a specific product on Amazon, and it notifies you when the product price gets to that level. You can also analyze historical trends for the product to check for seasonality and other pricing factors.
CamelCamelCamel tracks millions of products and gets a percentage of any purchase on Amazon that originates from the CamelCamelCamel platform. According to SimilarWeb, CamelCamelCamel had 7.4 million visits in November 2021, nearly half (47.91%) from the U.S., which would arguably lead to significantly more purchases on Amazon. Given that more sales benefit Amazon, it might explain why the e-commerce giant allowed CamelCamelCamel to use the Amazon API in the first place.
CamelCamelCamel also has a browser extension called The Camelizer for added convenience. You can install it on Chrome, Firefox, Safari, Opera, and Edge and use it immediately with your free account.
Created and launched in 2008 by programmer Daniel Greene, it worked off the Amazon Product Advertising API until 2020 but switched to a private application programming interface (API).
One of the more intriguing things about “C3” is its name, which is strange. Disappointingly, there isn’t much mystery in it. According to Greene, CamelCamelCamel.com was a domain name he owned when he built the website.
Should You Use CamelCamelCamel?
The most obvious reason to use CamelCamelCamel is that it’s free, and you have nothing to lose and much to gain by using it.
Moreover, using any price tracking tool for buyers and e-commerce businesses has one distinct benefit: Awareness.
CamelCamelCamel provides price changes on select Amazon marketplaces in real-time or as close as it can get to that, given that it’s a third-party service provider.
Buyers use CamelCamelCamel to avoid the dreaded buyers’ remorse when they find out too late that they could have paid less for a product they just purchased.
CamelCamelCamel also allows buyers to hold off on a purchase until a product’s price hits their sweet spot, preventing impulse buying and saving them money.
Business owners who make frequent purchases will find CamelCamelCamel particularly useful. A cool feature of CamelCamelCamel that’s very popular with buyers is the Wishlist Import.
You can import your Amazon Wishlist ― or any publicly available Amazon list ― by going to your Account, selecting Wishlists, and submitting the URL. Click on “Add Wishlist” so it can import the products and synchronize them with your account to track them.
For e-commerce businesses operating on and off Amazon, monitoring the prices on the platform gives them a competitive edge. If you sell on Amazon, you can set the Price Watch to track a specific product by putting in the URL or Amazon Standard Identification Number (ASIN) or generating a product list by keyword.
You can then select a price to watch, and CamelCamelCamel notifies you when the product price reaches that level.
The benefits of this type of awareness for sellers are significant. Imagine that you’re selling a product at the lowest price of $20 on Amazon, and suddenly another seller undercuts you by selling the same product at $19.99. It might seem like a trivial amount, but you need to contend with the effects of psychological pricing.
If you aren’t selling on Amazon, CamelCamelCamel still has value because Amazon keeps the marketplace competitive by adjusting prices every 15 minutes. If you find that a product you sell is for a certain price on Amazon, there’s a good chance that’s the price to beat.
Is Amazon the Only Place You Can Use CamelCamelCamel?
CamelCamelCamel only monitors prices on Amazon, but it’s certainly not the only place where you can use the pricing information you get. You can use CamelCamelCamel to monitor or base your pricing decisions on other marketplaces like eBay or your e-commerce website.
If you sell exclusively from your website, chances are your hosting platform isn’t offering a price tracking feature, and even the best e-commerce platforms may not provide it.
Weebly, for instance, offers many features to help you build, sell, and promote on the platform, and it even has website analytics tools to help you grow your business.
However, nothing on Weebly’s list of features, free or paid, includes an option to track the prices of other sellers anywhere. That’s true for most of the top e-commerce platforms.
Unfortunately, CamelCamelCamel doesn’t integrate with every e-commerce platform. But, its browser extension makes that a moot point. If you need to track prices for your e-commerce business, you can do that from any CamelCamelCamel supported browser.
How To Use CamelCamelCamel
Using CamelCamelCamel is very easy once you have signed up for a free account, although you don’t even have to do that to track products. You can add the CamelCamelCamel RSS feed to your newsreader to monitor a product’s price.
If you want to do some product research, check out the “Popular” and “Top Drops” tabs.
Clicking on the Popular tab lists products with the best prices for all or select categories. The Top Drops are products with prices that dropped the most for a specific period, such as one day.
However, an email address is necessary if you want to receive notifications. When you create a CamelCamelCamel account, it provides you with a dashboard to access all the features.
If you click on Your Price Watches, you can add a product and choose to track the Amazon Price, Third-Party Price (New), or Third Party Price (Used). When looking for a product to sell, you can check on Popular.
The menu is self-explanatory, so you simply need to explore each tab to find out what it can do. The most important, of course, is “Your Price Watches.”
What To Do Next?
Start your Amazon or e-commerce business today if you haven’t already, and sign up for CamelCamelCamel. This price tracking tool can help you maximize your profits by providing you with real-time data on the best prices for products on Amazon.
If you can’t decide whether to sell on Amazon or build an e-commerce site, check out the pros and cons of each option on Digital.com. You can also get some great tips for starting your e-commerce business and selling on Amazon.
