4 ms·
I don't see what's so special about continuously updating your price as a seller. This happens in pretty much every grocery market in the Middle East or Eastern
by KKKKkkkk1 10y ago
I don't see what's so special about continuously updating your price as a seller. This happens in pretty much every grocery market in the Middle East or Eastern Europe.
I also don't understand how the supposedly fierce competition between sellers ends up yielding prices that are higher than offline stores. Seems the reporter missed the true story.
- tedunangst 10y agoIs it common to see a guy hawking $1000 tomatoes from an empty stall in such markets?
- dx034 10y agoNo but that's also not what happens on Amazon. Prices may double but that's also pretty standard for fruits & vegetables when supply doesn't match demand.
- Laforet 10y agoIt's quite likely that many sellers don't actually have the stock they claim to have and relies on getting them elsewhere in case a large order comes through, which incurs an overhead. My experience in online retail is limited to electronics but this kind of inventory inflation is extremely common. Apparently book sellers do this as well. http://www.michaeleisen.org/blog/?p=358 http://www.michaeleisen.org/blog/?p=358
- michalskop 10y agoWhat places do you have in mind talking about Eastern Europe? "Grocery market" for 99 % of people (from Eastern Europe) is a "shop"/supermarket/mall (think of Lidl, Tesco or Carrefour as examples) and even outdoor markets, if they exist at all, usually have set prices (which may change during the day, of course).