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This article implies that it is Amazon that is changing the prices. Many people don't understand this, but Amazon is a marketplace where sellers compete to sell
by nickm12 12y ago
This article implies that it is Amazon that is changing the prices. Many people don't understand this, but Amazon is a marketplace where sellers compete to sell products. There are currently ~120 sellers with offers to sell a new iPhone 5s (space gray) all with different prices and Amazon just picks one to be the default. So this graph is really showing something more akin to a market price for the iPhone 5c.
http://www.amazon.com/gp/offer-listing/B00F3J4B5S/ref=dp_olp_new?ie=UTF8&condition=new http://www.amazon.com/gp/offer-listing/B00F3J4B5S/ref=dp_olp...
- nickm12 12y agoIn fact, Amazon doesn't even sell the iPhone 5c.
- pidg 12y agoIndeed, I just read an article entitled 'Why doesn't Amazon sell iPhones'. Who's right? http://www.cnet.com/news/why-doesnt-amazon-sell-iphones/ http://www.cnet.com/news/why-doesnt-amazon-sell-iphones/
- saosebastiao 12y agoIts a correct point, but the purpose of dynamic pricing is to emulate a market where none exists, so they are going to look pretty similar.
- bezierc 12y agoDoes anyone know why all of a sudden this post got to the 2nd page?