111–120 of 145 posts
I work at a mid sized Amazon 3rd party seller. We reprice automatically. With thousands of SKU's there's no other way to be competitive. There are many layers to consider though, you definitely can't let your whole catalog auto-reprice. Usually sellers just focus on their top X% SKU's and let the rest auto-calculate. I wonder if we have a price ceiling setup...? Edit: Yes we have a floor and ceiling. I have no idea w…
Any 3rd party tools available to 3rd party sellers? Offering something that beats the current algorithms could be a good deal (if its not illegal).
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isn't that how options work? selling something you don't own..
Not really. But it can be how futures work.
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Not really. But it can be how futures work.
It is in fact how naked puts work http://en.wikipedia.org/wiki/Naked_put
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You could turn this into a book business. List books for sale that you don't own and this other publisher does own. Reduce the price over time until it is super cheap. Buy while it is low and resell it without the competition.
Risky. What if someone buys it? I mean, you could at least have a few books ready to ship out just in case.
The calculations would have to consider the probability of not getting the book under the price of sale, the probability of not getting it over price of sale (investing the difference in avoiding a bad rating), and the chance that you won't receive a bad rating just for reimbursing it under whatever excuse. You can also ponder taking a bad rate eventually.
In other markets you'd have to basically get the book at any cost, which would make it really risky.
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How do you know they do not have the book? Is it a Unique Item?
Because if they all had a copy of the book, that would be 6 in circulation. But only 1 is in circulation.
(The topmost book on the pile beside my bed being Vellum by Hal Duncan has nothing at all to do with the question ;)
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Risky. What if someone buys it? I mean, you could at least have a few books ready to ship out just in case.
Not really that risky. If it was a naked call like in markets, then it would be really risky, but in this case you risk very little since there is no contractual obligation to send the actual book if you can't get it. You can reimburse and call it a day. The calculations would have to consider the probability of not getting the book under the price of sale, the probability of not getting it over price of sale (invest…
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It is in fact how naked puts work http://en.wikipedia.org/wiki/Naked_put
Aren't you talking about naked calls ( http://en.wikipedia.org/wiki/Naked_call )?