Study: Amazon maintains status as lowest-priced online retailer
Amazon once again stands atop the pack of online retailers when it comes to low prices.
The retail giant was ranked the lowest-priced online retailer for the ninth-consecutive year, according to the latest Price Wars study from digital commerce company Profitero+. Amazon maintained a 14% average price advantage versus its competitors.
Walmart was ranked as the second lowest-priced retailer. Walmart narrowed its average price gap with Amazon from 5% to 4% year over year, posting improvements across 10 of 15 categories. The most notable gains came in video games, where Walmart reduced its price difference versus Amazon from 12% to just 3%.