4 ms·
Notice that Amazon.com does say "Only 3 left in stock! Hurry!" when stocks are low, but they don't tell you when stocks are high. So maybe that tactic works wh
by unreal37 12y ago
Notice that Amazon.com does say "Only 3 left in stock! Hurry!" when stocks are low, but they don't tell you when stocks are high.
So maybe that tactic works when they're about to run out. But the reverse is also true. If you see that a retailer has 10,000 units of the product you want, you may conclude that you do not need to rush to make a decision, and delay your purchase.
Also, competitors would love to know the inventory stats of their competition and adjust their sales tactics accordingly. For instance, if you knew that your competitor only had 10 units left of something, you may raise your price knowing that they will soon sell out and you have the market to yourself.
- agentargoh 12y agoYeah Amazon probably does it best with the low stock notification and I legitimately feel a pressure to purchase when I see the actual number. The competition thing is an interesting take, hadn't thought about that.
- rahimnathwani 12y agoOn 淘宝 (taobao.com, the largest Ecommerce platform in China) users can see both sales volume (how many of that item did that seller sell in the last month) and inventory (how many items does that seller claim to have in stock). I'm sure that some of the inventory numbers are inaccurate (i.e. the small retailer doesn't have 100k units of something in her warehouse) but I know that some retailers (particularly for clothing) do provide accurate inventory numbers (down to size/colour level) so that, when I am adding to my basket or checking out, I can see if I need to hurry.