Trading Century
  • Trading News
  • Economy
  • Editor’s Pick
  • Finance
  • Investing
  • Politics
  • Stock
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Email Whitelisting
  • Contact
Subscribe
Trading Century
Trading Century
  • Trading News
  • Economy
  • Editor’s Pick
  • Finance
  • Investing
  • Politics
  • Stock
  • Politics
  • Stock
  • Trading News

Online sales not the smartest time to buy smartphones — iPrice

  • March 10, 2022

1 of 3

Smartphone prices are higher during online sales like 11.11 and 12.12 than on normal days, according to a study published this March by the iPrice group, a Malaysia-based online shopping meta-search website. 

In each month of 2021 starting August, the cheapest median prices for smartphones in the Philippines occurred on non-sales days rather than sales days. The cheapest of the year cost around P17,200, nearly a week after the 11.11 sale, on November 17. 

Meanwhile, prices were marked up days before sales. October, for example, was the worst time to buy a smartphone, with the median price going up starting Sept. 30 and reaching P22,100 on Oct. 2. It only dropped to P20,500 on the 10.10 sale itself. 

iPrice found that bargain hunters should have gotten a phone on Sept. 25 instead, since the price was 15% lower at about P18,300. 

However, based on the median prices per month, the study determined December to be the best month to buy a smartphone, costing just P18,300 on average. October’s average price was the highest at around P20,600.  

This means 12.12 offered the cheapest smartphone price of any sales day, with a cost of just P17,600. 

SECOND-HIGHEST PRICESThe Philippines has the second-highest smartphone prices out of all the Southeast Asian countries included in the study, iPrice also found. 

Second only to Singapore, which had the highest median price of P23,400, smartphones in the country were found to cost P19,100 on average. Indonesia had the cheapest median price for smartphones at P13,000. 

“Given that the Philippines has one of the lowest wages and the highest smartphone prices in the region, Filipinos need the best deals they can get,” the e-commerce website said in a statement. 

“Thus, iPrice created this study to help Filipino consumers save money when purchasing smartphones,” it added. 

Between July 16 and Dec. 31, 2021, smartphone price data was gathered using iPrice’s database of over 7 billion products and 8 million sellers across SEA. This period was chosen for the increased traffic due to online sales, the aggregator said. — Brontë H. Lacsamana

Previous Article
  • Politics
  • Stock
  • Trading News

‘Lost generation’ feared as COVID school closures fuel inequality

  • March 10, 2022
View Post
Next Article
  • Politics
  • Stock
  • Trading News

US man with transplanted genetically modified pig heart dies

  • March 10, 2022
View Post
You May Also Like
View Post
  • Trading News

Waller Offers Common Sense View on Financial Risks of Climate Change

  • May 29, 2023
View Post
  • Trading News

Ga. Reps Slice Possible Lifeline for Kids in Failing Schools

  • April 5, 2023
View Post
  • Trading News

Silicon Valley Bank: Mismanagement Is Not an Excuse for Inefficient Regulation

  • April 3, 2023
View Post
  • Trading News

Fetterman released from inpatient treatment for depression

  • April 1, 2023
View Post
  • Trading News

Fetterman released from inpatient treatment for depression

  • April 1, 2023
View Post
  • Trading News

Fetterman released from inpatient treatment for depression

  • April 1, 2023
View Post
  • Trading News

Fetterman released from inpatient treatment for depression

  • April 1, 2023
View Post
  • Trading News

Fetterman released from inpatient treatment for depression

  • April 1, 2023
Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.


    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



    If you want to delve into the USA business updates and investors daily routine,
    go to our partner project Daily Business Investor.

    TradingCentury.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.

    Copyright © 2023 Trading Century. All Rights Reserved.

    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About Us
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting
    • Contact
    Trading Century
    Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

    Input your search keywords and press Enter.