Amazon Tip #1: Shop on Weds, Thurs, or Fri

According to one theory, online retailers tend to put items on sale on Wednesdays, Thursdays, and Fridays to compete with brick and mortar stores that customarily put items on sale on Friday in anticipation of the weekend crowd. Online retailers advanced their sales up a few days to compete. I tested this theory by tracking the price of a Canon 50 mm f/1.4 lens for a week, and was surprised to see that the price really did drop on Wednesday, Thursday, and Friday as seen in the graph below. Have a little patience and see if this trick works for you.

 
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Up next Amazon Tip #2: Price Customization. How to ensure you get the best price. »

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