Price history tracking tools have been around for a long time. Many deal hunters use them to find better deals at the right time. E-commerce sites that offer price drop notifications to their visitors are going to have a better chance of making more sales when they are running limited time promotions or offering permanent discounts. The Woocommerce Price History/Price Drop Notifications is just the plugin to handle these types of tasks.
This plugin adds a price history link to your products. Your visitors will be able to see the last 5 price changes on your WooCommerce site. The script creates a chart to show price changes visually. Your visitors can see the current, highest, and lowest prices on your website conveniently. Webmasters also get the ability to offer notifications for price drops.
You will need more than this plugin to make your WooCommerce store successful but this helps. Offering price change notifications to your visitors could help your cause in the long run though.