Forums before death by AOL, social media and spammers... "We can't have nice things"
|    alt.fan.cecil-adams    |    Fans of legendary knowitall Cecil Adams    |    144,831 messages    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
|    Message 142,964 of 144,831    |
|    Richard Hershberger to Questor    |
|    Re: used item prices on Amazon    |
|    17 Sep 20 12:55:15    |
      From: rrhersh@gmail.com              On Tuesday, September 15, 2020 at 12:30:37 AM UTC-4, Questor wrote:       > I know you can find just about anything through Internet purveyors like       Amazon,        > et. al. Despite this, I still enjoy shopping at used book and record (CD)        > stores. Part of it is the thrill of the hunt, and part of it is the       serendipity        > of finding something you weren't looking for, or didn't even know existed.        > However, there are just some things that I never see in the stores, so I       decided        > as a treat to simply look up a few long-sought items for possible purchase.        >        > The prices for books were mostly what might be expected. I was a little       puzzled        > by one thing, though. Sometimes there would be a couple of dozen listings       for        > a title, with a range of prices. Say perhaps a couple of less expensive       options        > for a few dollars, with the bulk of the entries for ten to fifteen dollars.        > Then at the very top, two or three listings asking for thirty to forty       dollars.        > And no, the most expensive listings were not necessarily the ones with the       best        > condition rating. Do those vendors ever expect to sell those books at those        > prices? Are they checking to see how others are pricing the same item? Is       that        > the price in their store, and they just don't care if it sells online?        >        > The situation with CDs was even more extreme. I could understand asking for        > twenty to forty dollars for some of the rarer titles, although I would       consider        > most of that range pretty steep. But I saw listings of two to three hundred        > dollars for a single CD (not even a boxed set), and I found one priced at       over        > nine hundred dollars. Granted, it was the only one available on Amazon        > (I wasn't looking anywhere else), but that price seems wildly inflated.        >        > I've read vaguely remembered stories about sites that charge different       prices        > based on the consumer profile generated through online activity tracking,       and        > escalating price wars due to algorithmic oddities between vendors that rely       on        > computer programs to set their prices. Can anyone shed any more liight on       this,        > or at least provide interesting stories?               New book prices are nearly as weird. I have been paying attention to the       price of my book on Amazon. It lists for $38, which is steeper than I would       have priced it, but it wasn't my call. I have seen the price on Amazon as       much as ten dollars lower,        but fluctuating wildly. It made more sense once I realized that they were       coming from third party dealers. My theory is that they buy from the       publisher a batch of ten books, the smallest order that rates the wholesale       price, then use whatever        algorithm they favor to price them. My guess is that the really low prices       are when they are down to one volume and want to get it off the shelf. Then       the price jumped up to the list price and stayed there, even though initially       some of the third party        sellers were slightly cheaper. The explanation is that enough copies had sold       for Amazon's own algorithm to kick in and buy a batch themselves. These       naturally were listed first on the Amazon page, regardless of price. The       third party prices then        gradually inched up over list, placing them in a holding pattern. Amazon's       inventory is down to three copies. Once they sell I suspect the third parties       will start jostling each other for position and the price will come down. In       the meantime, go to        abebooks and you can find new copies below list, though with shipping it isn't       much below. Mostly what I take from this is that being a third party seller       on Amazon is a mug's game. If you have anything that sells well, Amazon will       cut you out of that        market. Relying on a direct competitor turns out not to be a great idea. Who       knew?              Richard Hershberger              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
(c) 1994, bbs@darkrealms.ca