1 Mar
2016
1 Mar
'16
5:11 p.m.
On 2016-Mar-01, at 4:36 PM, Sean Conner wrote:
It was thus said that the Great Rich Alderson once
stated:
For example:
http://www.digitaltrends.com/computing/why-did-amazon-charge-23698655-93-fo…
I've come across other articles about this in the past. Don't know the specifics
of the book mentioned by Rich.
For most hobbyists, even $100 is too much. I was simply astounded at the
chutzpah of the seller--right there on the Amazon list--who was asking
nearly $1500 for a copy.
I think that comes from an unchecked computer algorithm, not simple greed.
I think what's happening here is someone (some Amazon third party) offered
the book for, say, $5. Another third party scans Amazon for such books, and
offers it for say, $6, with the hope that you (the potential buyer) will
only see their their offer for $6 and buy from them, at which point they
will buy it for $5 from the original seller, sell it to you for $6 and
pocket the $1 profit. The problem comes when a third third-party seller
sees the offer for $6 and does the same thing as the second one, only now
they're offering it for $7, will pay $6 for it and pocket $1 profit.
Keep repeating that process and you end up with books selling for $1500.
-spc (Who knows? If you keep searching, you might find the original
seller selling it for $5 ... )