Lemme ask you a question if it would not be a LEOA would it be less of a deal because of that? If target or Walmart or any other retailer did have it for cheaper in the past how would you know?...
98% of the time amazon meets or beats all other competitors so if something is on amazon at its lowest then you are almost guaranteed that you wouldn't have found it cheaper anywhere else ever except perhaps on ebay from a lone seller. So, with that knowledge, yes, leoa coupled with free shipping via prime does matter.
But, some here do post every single leoa item regardless of the price drop be it 1 dollar or 100 dollars and I agree with you completely that it's really annoying to see items here that at best are necessities for a very small demographic (think centrifuge) and at worst are posted just because it's less then $5 (think about the various $2 or $3 books every other day) so yes, in that aspect I am with you 100% and more time should be spent before posting leoa's simply because it's a big drop or it's a buck and that is what YossieW said over here:
i think most people myself included don't post every time something is the lowest ever on Amazon or other websites we sort out what we think is something of interest to many people because if everyone posted every item that was the lowest ever there would be many times more posts so i think having a thumbs up or down would help solve the issues so whatever captures the most interest would stay on top and deals of no or little interest would work their way off the page
Here's an example though of why leoa matters:
This sand and water table is currently on amazon for $71.99
Amazon.com: Step2 Cascading Cove Sand and Water Table: Toys & Games That may or may not be a "deal"
but in August 16 it was $53.99 which is almost $20 bucks less. So, if I were looking to buy this and I knew that I could've potentially had it for $20 less I would think twice before clicking buy because maybe it will go down again. We all know amazon changes prices as often as the weather forecast and the only reason it's at $71 now (I think) is because that's what it is at target and walmart right now so again, were back to my first point that amazon aggressively acts to meet or beat all competitors.
Finally, why then, do dan and jj make it a point to mention that it's leoa every single time:
"This has never sold for less than $25.16 and is a best seller on Amazon." -
http://www.dansdeals.com/archives/110295"This is the lowest price for this book ever from Amazon." -
http://www.dansdeals.com/archives/110295"This is the lowest price for this product ever from Amazon." -
http://www.dansdeals.com/archives/110235"This is the lowest price for this product ever from Amazon." -
http://www.dansdeals.com/archives/110229"This was selling for $99 earlier today and is now the lowest price ever from Amazon." -
http://www.dansdeals.com/archives/110191"This was selling for $8.17 yesterday and is now the lowest price ever from Amazon."
http://www.dansdeals.com/archives/110112And the list goes on...
Bottom line, IMHO, leoa does matter and the core problem is in the types of "deals" that are posted
