Brits hope to spend just £200 when buying a smartphone
New research has revealed the prices that Brits plan to spend on a range of consumer technology and home appliances.
The analysis of more than 800 Google search terms show that the most popular search is “best laptop under £500”, followed by “best phone/smartphone under £200”.
The Price Points Index, compiled by IVA Advice, analysed the volume of searches for 48 appliances and pieces of technology commonly found in a UK home, to discover which prices are most often included, e.g. “best camera under £300”.
Despite the popularity of high end smartphones such as the iPhone 12 and the Samsung Galaxy S21, which typically cost thousands, the most common phone-related search was for the best devices costing less than £200.
Phone and laptop searches dominated the top ten, accounting for eight of the most popular searches. It showed that Brits are most commonly looking for a laptop costing less than £500, with searches for those under £300 the second most popular.
The public are also keen to find the “best tablet under £200”, which came in seventh for search volume.
Outside of laptops, smartphones and tablets, ninth in the list reveals that Brits are keen to find the best washing machine for no more than £300.
The product that Brits set the highest price point for was a television, with the most common TV search being “best TV under £1,000”.
When it comes to sound however, search volumes show that people are keen to bag a bargain. The most popular headphone search, at 12th overall, is for those under £50, while for soundbars it’s those under £100, which is the 14th most popular search.
In the kitchen, the most common price search for a microwave is £100, alongside fridge freezers for under £300. Most people hope they can find a coffee/Nespresso machine for under £100, a blender for under £50, and both an air fryer and a BBQ for under £100 each.
For personal grooming, internet users are looking to keep the costs down with “best electric shaver under £50” the most common search for shavers. People also hope to pay no more than £50 for a good set of hair straighteners or for an electric toothbrush.
A spokesperson for IVA Advice, which conducted the study, said: “These results shine a light on what the British public is willing to pay for some of the most important and frequently used products in the home. Most of the time, we’re looking for something costing less than £200, whether that’s a phone, a tablet or a printer. But the television stands out as the item where we set our sights considerably higher – most frequently looking for TVs costing up to £1,000.”
Searchers for irons most frequently set the budget at £50, while people hoped they could find a good smartwatch for £200 or less, which was also the amount most often set for camera searches.
In total, laptop searches accounted for 39.21% of the top 100’s volume. Phone/smartphone searches accounted for 24.37%, followed by 6.92% of searches for tablets, 4.72% for headphones and 4.07% for washing machines.
The research was carried out by IVA Advice, which provides free, qualified advice to help people solve their debt problems for good. Its team of experienced experts help ensure that anyone who has problems with debt is able to reclaim financial control.