07-29-2013, 05:00 PM
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#2
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Bookaholic
Posts: 14,391
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Join Date: Oct 2007
Location: Minnesota
Device: iPad Mini 4, AuraHD, iPhone XR +
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In Price War, Amazon Discounts Go Deeper Than Ever
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Yesterday Amazon.com quietly began discounting many bestselling hardcover titles between 50% and 65%, levels we've never seen in the history of Amazon or in the bricks-and-mortar price wars of the past.
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The changes appear largely to be in response to an Overstock.com campaign launched this week to be 10% lower than Amazon's on "the roughly 360,000 books sold on both Overstock.com and Amazon.com," according to Internet Retailer. Overstock has said the anti-Amazon campaign will last indefinitely although its site says "one week only."
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