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Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

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Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#411
post #320
post #288

Earlier quoted context omitted.

> It’s kind of interesting- the asymmetry of moral expectations and entitlement. First, there is an asymmetry in power too. Amazon can afford to double check or triple check everything if it makes economic sense. Secondly, companies does not have morals. If you allow big corporations to change prices as they see fit because there is a "mistake". Companies will exploit that to their advantage with psychopathic precisi…

> First, there is an asymmetry in power too. Amazon can afford to double check or triple check everything if it makes economic sense. There's an asymmetry because Amazon can "afford" to double check everything? How? They lists millions of items. You're only in the market for a few. They're good at inventory management, but the scale is crazy which is why this mispricing is happening. Besides, I don't see why them "be…

> There's an asymmetry because Amazon can "afford" to double check everything? How?

Well, Amazon shows you the percent discount. I can't imagine that there are too many items over, let's say, $1000 that are at a 90% discount at any given time. Seems easy enough to flag those for manual review, especially if they are being sold by Amazon directly.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#412

Earlier quoted context omitted.

Companies are not human beings, as other comments already have said, to involve morality in this issue makes no sense whatsoever. This argument is wrong, there is no attempt to associate morality with a company. It is the customer and only the customer holding the arguably conflicting believes that errors in favour of customers should not be corrected while errors in favour of the company should be corrected. So you…

But there is such an attempt of anthropomorphisation, when you say the company is "expected to be a good sport". You don't say a herd of cows ought to be a good sport. A crying baby ought to be a good sport. That tree is being mean, casting shade. The anthill ought to return my sugar. That is why there is no conflict. Because they are not the same morally and thus not expected to be treated the same.

I think one as to be more careful here. At a first level the company plays no role, it is just the customer expecting that mistakes are handled differently depending on who benefits. Replace Amazon with a private person you are intending to buy a used car from, would you still expect that mistakes - say a miscommunication of the price or miscounting of the money - in your favour are handled differently than mistakes in the sellers favour? And we assume no bad faith here, if the seller intentionally raises the price once you have taken a day off and driven a significant distance to complete the trade in the hope that you will pay the higher price in order to not have wasted your time, that is an entirely different story. Personally I would probably not do it, but I think it would be perfectly fine to sue the seller to get the initially agreed on price.

Expecting Amazon to be a good sport only makes sense after you have decided that mistakes should not be handled differently depending on who benefits and that you are therefore not entitled to keep your amazing deal. Then you can start to appeal to being a good sport, or the benefits for the public perception of Amazon, or whatnot to explain why Amazon should honor the deal. But this also brings up question like why would you not be a good sport in case of a mistake in favour of Amazon? Note that I do not want to imply any answers here, I just want to point out which kinds of questions one might have to consider.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#413
post #407

Earlier quoted context omitted.

> If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. Of course, and they do it out of self-interest. On one hand, 495 dollars are not worth losing a client for life. More importantly, it is not in their interest to scare people away from using their service. The story could spread and cause significant damage to their reputation. > On the other hand, if th…

> The customer taking advantage of a mistake to receive an unfair deal and Amazon not paying taxes are more or less the same behavior. Disagree. Amazon are forced and obligated to use legal tax avoidance strategies to be competitive and to fulfill their fiduciary duty. You might say that tax avoidance isn't in the spirit of the law but then why don't lawmakers implement mitigations for it? Because they don't want to,…

> Amazon are forced and obligated to use legal tax avoidance strategies to be competitive and to fulfil their fiduciary duty

Any precedent where shareholders have successfully sued a company for failing to exploit legal tax avoidance strategies would be appreciated. Otherwise, "forced and obligated" feels a bit of a stretch.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#414
post #329

Earlier quoted context omitted.

FWIW Audible emails me every month to tell me have a new credit available. Possibly put in place after your experience; but it seems more like just "keeping people engaged in our service" is a better way to sustain subscriptions than hoping people forget about it. And, not to victim-blame here, but I can't quite understand your response to mysterious charges that appear on your card every month. I try to understand w…

You seriously review every single transaction on all of your credit cards? How many lifetime hours do you think you've spent doing this , and how much money have you saved?

Yes, of course. I keep my receipts, and when my statement comes in I compare one to the other. That plus everything else I do that could qualify as "accounting" (except tax returns) comes in at probably less than half an hour per month, and saved me a couple of hundred dollars when someone stole my credit card number (plus however much more they would have taken if I hadn't cancelled the card when I found out).

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#415
post #329

Earlier quoted context omitted.

FWIW Audible emails me every month to tell me have a new credit available. Possibly put in place after your experience; but it seems more like just "keeping people engaged in our service" is a better way to sustain subscriptions than hoping people forget about it. And, not to victim-blame here, but I can't quite understand your response to mysterious charges that appear on your card every month. I try to understand w…

You seriously review every single transaction on all of your credit cards? How many lifetime hours do you think you've spent doing this , and how much money have you saved?

Nope, but I do note in an app every time I make a transaction, and on which account it was charged to.

At the end of the statement month, I can compare totals, and if they match, I don't need to review anything else.

Maintaining any kind of budget requires tracking spending, so this isn't really a big deal if you practice any kind of proactive financial management.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#417

Earlier quoted context omitted.

But there is such an attempt of anthropomorphisation, when you say the company is "expected to be a good sport". You don't say a herd of cows ought to be a good sport. A crying baby ought to be a good sport. That tree is being mean, casting shade. The anthill ought to return my sugar. That is why there is no conflict. Because they are not the same morally and thus not expected to be treated the same.

I think one as to be more careful here. At a first level the company plays no role, it is just the customer expecting that mistakes are handled differently depending on who benefits. Replace Amazon with a private person you are intending to buy a used car from, would you still expect that mistakes - say a miscommunication of the price or miscounting of the money - in your favour are handled differently than mistakes…

C2C and B2C transactions can be, and in many places are, regulated differently.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#418

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith

Expected? Are they? Most sentiment on this sort of event seems to be something like, "will it show up? we'll see", and when it does get canceled it's "shucks :)"

I can understand some of the feelings, in part it's just fantastical to observe these powerful systems screw up. I once incredulously ordered an item I wanted, priced at $0.00, and was shocked to see it arrive at my doorstep (I corrected the retailer and paid)

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#419

Earlier quoted context omitted.

If you make a mistake, you cancel it with a standard return policy. Amazon's "mistake" looks like bait and switch, or any number of other scams. I'm under the impression they usually cancel said orders.

When you start going down this line of arguments, then you also have to take into account the abuse of return policies, ordering and wearing clothes once before returning them, ordering several similar items while intending to only keep the one you like the most, and that sort of thing. Also Amazon could easily add - in case it does not already exist - a policy to its terms and conditions that explicitly states that…

> abuse of return policies, ordering and wearing clothes once before returning them, ordering several similar items while intending to only keep the one you like the most

How is this considered abuse at all? The EU even mandates a 14 day return window for online shopping since you don't get to try stuff on or see the item like you would in a physical store.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#420

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

I think a small doubt remains that’s a clever ad for prime day. And that makes it okay from a moral standpoint.

I don’t think it is a pr / marketing stunt.

1. They would have used a cute price eg the prime day date.

2. They would later claim intentionally as to not seem incompetent.

3. They would pick a more relatable or mainstream product that has a optimal pr spin. Like a family friendly, or youth demographic. Not sure what the best example would be. A gaming pc or outdoor patio kit, something other than a 10k camera lens for photo nerds.

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