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  1. Newbie
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    #1

    Having trouble describing awkward information

    Hi

    I'll keep this very short. I'm building a web site which, among other things, tracks prices from a number of web sites over a period of time and then scores today's price against historical data. In order to make this work for users of course, they need to be able to easily understand the data put in front of them, however I'm struggling to find an easy way of describing what essentially is the following:

    The highest, lowest price over time. Imagine that two months ago, there were 10 retailers selling a product and the lowest price was 200. Now, 10 retailers sell that product and the lowest is 100, and that trend has continued in between. What I'm trying to do is to come up with a way of describing a metric which considers the highest ever, lowest price versus the current lowest price.

    I need to do this in the form of a two or three word phrase and a one sentence description. Any thoughts, because I'm really struggling?

    Any help much appreciated. :)

  2. Route21's Avatar
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    #2

    Re: Having trouble describing awkward information

    Is something like "Lowest Price Ratio" what you are looking for?

    Regards
    R21

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    #3

    Re: Having trouble describing awkward information

    How about something like this as a one-sentence description:

    Compare the lowest price available today with the lowest price ever.

  3. Route21's Avatar
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    #4

    Re: Having trouble describing awkward information

    If I'm reading the OP correctly, and I'm unsure about that, what he is trying to do is:

    Compare the lowest price available today with the highest, lowest previous price.
    i.e. He regularly records the lowest price at which he can buy an item.
    He then compares the highest previous cheapest available price with the current price.

    This probably would not be able to take into account any quantity discounts e.g. "buy 2, get one free" or "spend over 1, 000 and get 100 discount at the till" or "2.5% discount for using our credit card".

    Regards
    R21

  4. Newbie
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    #5

    Re: Having trouble describing awkward information

    Quote Originally Posted by Route21 View Post
    If I'm reading the OP correctly, and I'm unsure about that, what he is trying to do is:

    Compare the lowest price available today with the highest, lowest previous price.
    i.e. He regularly records the lowest price at which he can buy an item.
    He then compares the highest previous cheapest available price with the current price.

    This probably would not be able to take into account any quantity discounts e.g. "buy 2, get one free" or "spend over 1, 000 and get 100 discount at the till" or "2.5% discount for using our credit card".

    Regards
    R21
    Yes, that's exactly what I'm trying to do (apologies if my original description was unclear). A phrase like 'highest, lowest price' is technically correct to some degree, but it's also confusing. I could probably find a cleaner way of expressing it in a more technical fashion (i.e. lowest price ratio) but it's important to easily make sense to the typical online retail consumer.

    And that's where I'm struggling.

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