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Have you heard of a website called camelcamelcamel? Perhaps not. This site gives you some fantastic insights into whether the price of something at Amazon.com is a good deal or not. All you have to do is the following:

1. Locate the item on Amazon.com
2. Copy the Amazon.com URL from the address bar of your browser.
3. Go to camelcamelcamel.com
4. Paste the Amazon URL into the search box.
5. Click the Find Products button.

Ta-da! Now you’re given a pricing history of that item you’re coveting and you can see whether the price Amazon is currently asking is really a good deal or not like in the below example (click to make larger). You can also gauge by the pricing history whether that item is likely to decrease in price anytime soon.

amazonpricehistoryexample

On top of that, you can have the site keep track of the price for you and email and/or send you a tweet via Twitter when the price reaches your desired amount. It’s as easy as filling out the Desired Price, Email, and/or Twitter boxes and clicking the Start Tracking button (click the image to make it larger).

trackpriceexample

You’ll get an email confirmation as well that leads back to your private tracking page so you can make adjustments or cancel the tracking once you’ve purchased the item.

I use this service all the time for big-ticket items to ensure that I’m not overspending on the things I want. You do have to have some patience, however, as sometimes it could be months before the item you want reaches your desired price. But it’s definitely worth it to save a few bucks on those items you don’t really need right away.

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