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A flatscreen TV for $9.99! Best Buy really is the best buy -- or not

Filed under: Shopping, Technology, Consumer Ally

Psst. How'd you like to get a 52-inch Samsung flat-screen TV for $9.99? Hot off the back of a truck? No way. How about from BestBuy.com?

If you popped onto Best Buy's Web site overnight that's the price you would have found instead of the actual price of $1,699.99. Word got around fast and the item became a hot-seller -- showing up as "sold out" by morning. Some customers commented about ordering several at that new low, low price.

But, alas, Best Buy replaced the missing digits -- adding another $1,690 to this seemingly amazing offer. And shortly thereafter, the TV and the comments apparently were pulled from the site altogether.

So what about all those people who ordered at the special price?

No dice. You're not getting the TV, not for that price.


"It was an unfortunate human error," Best Buy spokeswoman Susan Busch told WalletPop. "As you probably noted, the erroneous info was quickly taken down. We are not processing orders for the TV at that price. We apologize to our customers for any confusion or inconvenience caused by this pricing error."

Busch said she didn't know how long the erroneous price was online or how many orders were placed at that price.

Talia Ran, 23, an executive assistant in Washington, D.C., got a call from her brother -- who notified everyone he knows -- at 5:32 a.m. alerting her to the price. She doesn't have much room for such a big TV in her apartment, but for 10 bucks she'd find a spot.

Even though she realized the price was a mistake, she said still hoped her order would slip through.

"I kind of hoped they would forget about me and send them anyway," Ran said.

Then she got an email canceling her order.

"I know there isn't any legal recourse but there has to be something that Best Buy can do to ease our loss," Ran said. "I would think they would want to do something to honor the commitment made between the consumer and Best Buy when we clicked 'continue with purchase.' At the very least shouldn't Best Buy feel compelled to offer the same TV for a discounted price to those who did order?"

It might seem unfair, but Best Buy and most online retailers have error policies buyers agree to (usually without reading the terms) before making a purchase.

Here's an excerpt of Best Buy's policy: "Errors will be corrected where discovered, and Best Buy reserves the right to revoke any stated offer and to correct any errors, inaccuracies or omissions including after an order has been submitted and whether or not the order has been confirmed and your credit card charged."

A few years ago, Amazon.com was sued after canceling 6,000 orders for a $1,000 TV mistakenly priced at $99. Amazon won because the error was considered unintentional and shoppers agreed to the terms of its error policy before making their purchase.
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Cheapest Person I Know
Frugality has become mainstream. But even before it was hip to save a buck, we've been covering the wild ways the cheapskates in your lives pinch pennies. Use the arrows above to click through the 8th edition of our popular community feature as we expose the annoying and endearing frugal habits of those near and (sometimes not-so) dear to you.
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Stephen Morton, AP

Wait until after the Super Bowl for that flat screen TV

Filed under: Shopping, Technology, Recession

Just before Christmas I wrote about how I was using super-human will power to wait till after the holiday to get a new flat screen TV. And I'm still waiting--thanks mainly to a suggestion from a reader named Dan. Prices are likely to fall further still after the Super Bowl. (Which is February first this year for those of you who care about football as much as I do.)

For years stores have targeted people who want a new TV for a Super Bowl party. According to USAToday, in 2007 stores sold 61% more TVs in the week before the Super Bowl than in the week before that. USAToday quoted NPD Group analysts figuring that Christmas sales spike because of sales (for gifts), but Super Bowl buyers want the top of the line.

The National Retail Federation said last year on CNNMoney that despite the recession, we would still buy 3.9 million TVs for the Super Bowl. Will we be so bold this year? The federation typically releases its projections at the end of January. I'd assume they'd be down. I'd also assume that the stores already know that and aren't going to over-order like fools. But that still leaves room--if you have the patience--to wait until the buying binge ends to go shopping.

Wait! Flat panel TV prices will be coming down.

Filed under: Shopping, Technology, Recession

Amid all the depressing news about the lousy economy and even worse retail season I find one piece of news quite cheerful: not only have flat panel TV prices fallen enormously. They're on their way down further.

Writing for the New York Times recently Eric Taub points out that while salesmen say prices are as low as they can get (Shocking!), prices are due to dip further. (He also helpfully notes that springing for the higher resolution 1080p is pointless if you're getting a television that's 40 inches or less. Samsung told investors today in San Francisco that price wars are hurting its margins, so it's investing in a more expensive, faster-refreshing screen.

Black Friday roundup is back, Best Buy, Target, Staples and more

Filed under: Bargains, Shopping, Technology, Black Friday

Don't miss our Liveblog, all day November 28!

Black Friday is almost here with every day bringing more ads full of deep discounts. While many of these ads are unconfirmed leaks from stores like Best Buy, Circuit City and Target; several store including Staples and Dell have confirmed their ads with Dealnews.com. Additionally, T-Mobile and Bare Necessities have shared their Black Friday specials directly with WalletPop.com readers.

As we approach the week of Black Friday there will be plenty more ads coming out and more information on when to get in line or to log on in order to get the best deals. We are still waiting to see what Amazon and Walmart as well as many others bring to the table this year. Keep checking back, we'll be sure to let you know what to look for on Black Friday as well as what deals to expect on Cyber Monday!

Scenes from Holiday Shopping

    NEW YORK, NY - NOVEMBER 17: Peter Ripka and New York Giants Quarterback Eli Manning attend Judith Ripka's Holiday Shopping Night hosted by Eli Manning at Judith Ripka on November 17, 2008 in New York City. (Photo by Thos Robinson/Getty Images for Judith Ripka)

    Getty Images

    NEW YORK, NY - NOVEMBER 17: David Ripka poses with New York Giants Quarterback Eli Manning at Judith Ripka's Holiday Shopping Night hosted by Eli Manning at Judith Ripka on November 17, 2008 in New York City. (Photo by Thos Robinson/Getty Images for Judith Ripka)

    Getty Images

    NEW YORK, NY - NOVEMBER 17: (L-R) Brian Ripka, New York Giants Quarterback Eli Manning, and David Ripka attend Judith Ripka's Holiday Shopping Night hosted by Eli Manning at Judith Ripka on November 17, 2008 in New York City. (Photo by Thos Robinson/Getty Images for Judith Ripka)

    Getty Images

    NEW YORK, NY - NOVEMBER 17: (L-R) Brian Ripka and his brother David Ripka speak with New York Giants Quarterback Eli Manning at Judith Ripka's Holiday Shopping Night hosted by Eli Manning at Judith Ripka on November 17, 2008 in New York City. (Photo by Thos Robinson/Getty Images for Judith Ripka)

    Getty Images

    NEW YORK - NOVEMBER 14: A worker touches up the recently unveiled Lord and Taylor Christmas windows November 14, 2008 in New York City. The Commerce Department reported today that retail sales fell by a record 2.8 percent last month in another worrisome sign for the economy ahead of the holiday shopping season. (Photo by Mario Tama/Getty Images)

    Getty Images

    NEW YORK - NOVEMBER 14: People view the recently unveiled Lord and Taylor Christmas windows November 14, 2008 in New York City. The Commerce Department reported today that retail sales fell by a record 2.8 percent last month in another worrisome sign for the economy ahead of the holiday shopping season. (Photo by Mario Tama/Getty Images)

    Getty Images

    NEW YORK - NOVEMBER 14: People shop inside Macy's next to holiday decorations November 14, 2008 in New York City. The Commerce Department reported today that retail sales fell by a record 2.8 percent last month in another worrisome sign for the economy ahead of the holiday shopping season. (Photo by Mario Tama/Getty Images)

    Getty Images

    This combo picture shows Japan's toy giant Bandai employee Hajime Kondo sticks his finger into the box from a small hole "Tuttuki bako", which has a LCD display showing his virtual finger and another object to interact with at the company's headquarters in Tokyo on November 14, 2008. Bandai, which introduced the toy in Japan on November 15 for the Christmas shopping season, aims to sell 100,000 units of tuttuki bako by the end of March. AFP PHOTO / Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP/Getty Images)

    AFP/Getty Images

    Japan's toy giant Bandai employee Hajime Kondo sticks his finger into the box from a small hole "Tuttuki bako", which has a LCD display showing his virtual finger and another object to interact with such as a human face animation, a panda clutching a ball or a karate-practicing stickman at the company's headquarters in Tokyo on November 14, 2008. Bandai, which introduced the toy in Japan on November 15 for the Christmas shopping season, aims to sell 100,000 units of tuttuki bako by the end of March. AFP PHOTO / Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP/Getty Images)

    AFP/Getty Images

    Japan's toy giant Bandai employee Hajime Kondo sticks his finger into the box from a small hole "Tuttuki bako", which has a LCD display showing his virtual finger and another object to interact with such as a human face animation, a panda clutching a ball or a karate-practicing stickman at the company's headquarters in Tokyo on November 14, 2008. Bandai, which introduced the toy in Japan on November 15 for the Christmas shopping season, aims to sell 100,000 units of tuttuki bako by the end of March. AFP PHOTO / Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP/Getty Images)

    AFP/Getty Images



Best Buy
Best Buy's leaked ad brings several tempting door busters to the table, including a 50" plasma for $899 and a 32" LCD for $399. There's a well equipped Toshiba laptop sporting a 15.4' screen, dual core processor, 3 GB of ram and a 160 GB hard drive for $379! There's also one of the best deals on an Xbox 360 so far, including two extra games on top of those which come with the holiday bundle for a total of four games in the $299 package.

Circuit City
Circuit City ups the ante this year by offering several name-brand HDTV deals on Black Friday including a 42" Samsung Plasma for $699 and a 32" Toshiba for $449! At these prices, there's no reason to go with a store brand when you can enjoy the quality of Samsung or Toshiba. Circuit City, which has filed for bankruptcy and is closing many stores, is also discounting numerous video games and Blu-Ray titles for Black Friday. Even though many of these titles have been out for a few months, they make a great gift to go with one of the many Xbox 360 deals going on.

What's else is on tap at places like Target, Staples and Dell?

Black Friday deals look to amaze this year!

Filed under: Bargains, Shopping, Black Friday

black friday linesBlack Friday, for those of you who have yet to be initiated, is the day after Thanksgiving here in the U.S. and it is marked by huge sales at retailers and lines that stretch around the store. During these sales prices often hit rock bottom and this year, thanks to many of the major retailers eschewing rebates for instant savings, retailers will be setting records for low prices. Dan de Grandpre, CEO of dealnews, is an admitted techie who with his team of experienced bargain hunters has compiled their predictions for Black Friday 2008!

There are too many categories and deals to list here but here are a few that tempt me to do something I detest: wait in line!
  • Small portable laptops starting at $199.
  • 42" and up plasma and LCD TVs starting at $499!
  • Blu-ray players from $149.
  • Flash drives, routers and more free after rebate.
These are just a few of the deals the dealnews team is predicting. If you are in the market for any kind of electronics this year you should definitely check out the full breakdown of Black Friday items that made the list.

Normally you won't find WalletPop bloggers pushing a large purchase but it's evident to me that those of us who are frugalists still need to purchase big ticket items from time to time and the thing we love most about it is getting the best price. If a good deal isn't enough to convince you to head out on Black Friday then maybe you should check out Buy Nothing Day which takes place the same day and advocates 24 hours of consumer abstinence!

HDTV and LCD monitor prices set to fall agian

Filed under: Shopping, Technology

HD TV LCDThis coming Fall it looks like prices for LCDs will once again plummet as consumer demand has tapered off leaving excess stock in the retail channels. It seems that early in 2008 manufacturers of LCD displays shipped a record number of LCDs especially large ones, which coupled with a faltering economy has turned the HDTV and display business into a "buyer's market". This price drop comes on the heels of a spat of price cuts in May of this year as Sony began to drop prices on its Bravia line.

The price drop is coming because of simple economics, and consumers should hold off at least until September to pick up any large LCD displays. If you are hanging on for another month or two before making the purchase it would be a good time to sock away more money towards your new TV rather than putting it on your credit card. If you can hold off until November, I wouldn't be surprised to see rock bottom prices on name brand LCDs. If prices drop enough you can toss a 42' LCD into that house you're still trying to unload and throw it in with the purchase. In this market you gotta try something!

NEC 24" Widescreen LCD Monitor, $439.99, Newegg.com

Filed under: Daily Deal

wide screen monitorThe Daily Deal for April 6, 2008

If you've been shopping for a wide screen computer monitor, then you've probably seen a large number of them in the price range of anywhere from $700 to $900. Those were the prices you once had to pay to get a good one but now, Newegg.com comes to the rescue.

Newegg is offering an NEC 24" wide screen monitor for just $439.99. That is the lowest price I could find for this monitor anywhere. It has built in speakers, a maximum resolution of 1920 x 1200 and comes with a three year limited warranty on parts and labor.

The twelve consumer reviews that I read about this product give it a five out of five star rating overall. The one negative review that I encountered was from a person who experienced a slight hum from the product when reducing brightness. That consumer received a replacement which likewise hummed. They were otherwise quite satisfied with the monitor. Some of the reviewers indicated a bit of disappointment, but not dissatisfaction, with the stand which comes with this monitor. It adjusts for tilt, as most monitor stands do, but there is no height adjustment, which left consumers wondering why NEC didn't supply a better stand with such an impressive monitor.

Consumers reported that these monitors are clear, bright, and easy to work with. Any mention of tech support contact gave good review on that also. The three year limited warranty is outstanding for this product category. NEC is a name well respected in the video display realm. With FREE shipping to the continental 48 states, this product offering looks like a super deal to me.

Headlines from WalletPop Partners