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News Pricing glitch could bankrupt Amazon sellers this Xmas

Discussion in 'Article Discussion' started by Gareth Halfacree, 15 Dec 2014.

  1. mattbailey

    mattbailey What's a Dremel?

    26 Dec 2009
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    there are plenty of people who still think you have to sell at the price on show, but if you go into a shop, and something is mispriced, the shop can refuse to sell at that price, and correct any error once made aware of it.[/QUOTE]

    Its called 'an invitation to treat'
  2. Aterius Gmork

    Aterius Gmork smell the ashes

    25 Sep 2007
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    Most likely the account of the buyer has been charged, fully automatic, thus the seller has agreed to the stated price. Both parties have agreed to a contract at this point (money for goods).

    Liability depends on the contract between the Amazon sellers and RepricerExpress now. RepricerExpress may have included a paragraph which clears them of all liability in case of a glitch. But that's what lawyers are for right?
  3. Corky42

    Corky42 Where's walle?

    30 Oct 2012
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    As normal the TOS for RepricerExpress clears them of any liability.
  4. jinq-sea

    jinq-sea 'write that down in your copy book' Super Moderator

    15 Oct 2012
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    That's the problem! Once they are shipped, there's essentially no going back....

    I suspect that Amazon's lawyers are frantically looking for case-law as we speak!
  5. sstteevveenn

    sstteevveenn What's a Dremel?

    18 Aug 2010
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    I didn't say it was Amazon's fault; I said Amazon could be negatively impacted. Amazon's customers in this case are the resellers, to whom they are selling their platform or whatever you want to call it. I thought I made that clear, but perhaps not. These customers may feel it is necessary to use 3rd party software, if they are to make the amazon platform work for them, especially if other sellers are using it. It seems to me (as just some bloke) that it's kind of a problem with capitalism; if everyone else is taking stupid risks and getting away with it, then you are forced to take the same risks or be uncompetitive and go bankrupt waiting for them to fail. Eventually it's all going to go tits up but it's kind of the system's fault. The thing is, it may well partly be amazon's fault for milking the resellers so hard, but I imagine they can easily afford to fix this problem themselves from all the money they're making. Doing nothing will probably cost them more.

    tl;dr Amazon make money off resellers->a whole bunch of resellers go bankrupt trying to be competitive->Amazon obviously affected! Doing nothing and letting all the affected resellers go under would appear to be the worst possible outcome for amazon, regardless of blame.

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