The $23,698,655.93 book at Amazon

GA Russell · 06-03-2011, 01:15 PM

Here's an interesting blog that shows how Amazon Marketplace Sellers use algorithms to price their books - Their prices depend upon what their competitors charge.

Unfortunately, they don't always pay attention to what their computers are doing, and in one case the price of the book was set at $23,698,655.93!

http://www.michaeleisen.org/blog/?p=358#

elcreative · 06-03-2011, 01:34 PM

Quite interesting... which is why it's got a thread all of its own started on 28th April 2011... see https://www.mobileread.com/forums/sho...d.php?t=130607

WT Sharpe · 06-03-2011, 03:38 PM

Thread closed, as one on this topic already exist at https://www.mobileread.com/forums/sho...d.php?t=130607.

06-03-2011, 01:15 PM	#1
GA Russell Als, Lions host Semis Posts: 7,715 Karma: 31487351 Join Date: Aug 2009 Location: Raleigh, NC Device: Paperwhite, Kindles 10 & 4 and jetBook Lite	The $23,698,655.93 book at Amazon Here's an interesting blog that shows how Amazon Marketplace Sellers use algorithms to price their books - Their prices depend upon what their competitors charge. Unfortunately, they don't always pay attention to what their computers are doing, and in one case the price of the book was set at $23,698,655.93! http://www.michaeleisen.org/blog/?p=358#

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06-03-2011, 01:34 PM	#2
elcreative Wizard Posts: 2,888 Karma: 5875940 Join Date: Dec 2007 Device: PRS505, 600, 350, 650, Nexus 7, Note III, iPad 4 etc	Quite interesting... which is why it's got a thread all of its own started on 28th April 2011... see https://www.mobileread.com/forums/sho...d.php?t=130607

06-03-2011, 03:38 PM	#3
WT Sharpe Bah, humbug! Posts: 39,072 Karma: 157049943 Join Date: Jun 2009 Location: Chesapeake, VA, USA Device: Kindle Oasis, iPad Pro, & a Samsung Galaxy S9.	Thread closed, as one on this topic already exist at https://www.mobileread.com/forums/sho...d.php?t=130607.

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