Current Events > Why do amazon items increase/decrease in price for a few dollars/sometimes cents

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saspa
01/02/21 1:11:40 PM
#1:


For those that have saved items for buying later, and left it there for a while, the price increases or decreases for mere pennies sometimes, like something priced at $14.73 is raised to $14.99

I gotta know whether it's some dude that actually manually prices it like that, or once you put something up on amazon there's an algorithm for pricing? Especially for 3rd party sellers
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gamestunner
01/02/21 1:41:10 PM
#2:


Supply and demand.
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saspa
01/02/21 1:47:51 PM
#3:


I can understand huge price spikes, and even up to 5 dollars difference. But a couple cents worth of price difference? It gets me curious
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IdiotMachine
01/02/21 1:49:14 PM
#4:


saspa posted...
I can understand huge price spikes, and even up to 5 dollars difference. But a couple cents worth of price difference? It gets me curious
Couple cents over millions of items over millions of purchases = millions of $$$ difference.

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Proto_Spark
01/02/21 1:51:22 PM
#5:


I think its so if its sitting in your Wishlist/"save for later" or something they can change the price by like 5 cents so Amazon will send you a notification next time you log in, basically reminding you about this product you were somewhat interested in.

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monkmith
01/02/21 1:53:21 PM
#6:


i'd imagine its price matching bullshit, i'm sure its handled by some computer looking at trends and tweaking prices a bit.

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Serious Cat
01/02/21 2:11:56 PM
#8:


I think part of it is algorithm based. I haven't seen it for a while, but I've heard it's why you'll sometimes get third party items for ridiculous prices.

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