Incident

Amazon Appears To Be Inflating The List Prices Of Some Discounted Items (AMZN)

Source: http://www.businessinsider.com/amazon-appears-to-be-inflating-the-list-prices-of-some-discounted-items-2012-2

 

Amazon Weird Pricing

You know how when you shop on Amazon there is a price and a then a “list price” which is usually much higher?

The effect is that you feel like you’re getting a big discount shopping on Amazon.

It turns out Amazon might be publishing list prices that are too high.

Mouse Print first noticed the problem with an array of general consumer products such as Kraft’s Mac & Cheese and a 100-count box of Splenda.

As if this afternoon, most of these prices have been fixed, except for a ton of pet food items.

Take for example the dog treats you see above. The retail value of one Merrick Flossies is approximately $4, making a 50-count supply valued at no more than $200. Yet Amazon claims the list price stands at a whopping $422.89, more than doubled what it should cost.

Click here to see more examples of Amazon’s wacky prices >

We tried to contact Amazon for comments, but did not receive a response.

The incident reminds us of last year when Amazon listed a seemingly normal book about flies for $23,698,655.93. Biologist Michael Eisen blogged about the unrealistic selling price, and documented how Amazon’s price for the book The Making of a Fly constantly went up day after another.

Here’s what happened: A professor required this book for a class and students naturally flocked to Amazon to purchase the text. Eventually, only two sellers still had the product available.

Because the book quickly became an exclusive, hot ticket item, Amazon’s algorithm for retailers to competitively price their product catapulted the retail value to more than $23 million.

We’re not sure if this is the same situation with the pet food offerings on the site, but it seems hard to believe the world is running out of doggie treats.

Deli Cat Dry Cat Food

Ok, we know having pets can be expensive but you can’t fool us, Amazon.

Higgins Celestial Blend Bird Food

Who can resist 89 percent off retail list price? Only ten left in stock!

Redbarn Filled Bone – Peanut Butter

Dog foods are getting so fancy these days, but at $6.70, the bone’s a steal.

 

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Wednesday, February 29th, 2012 news No Comments

How One Twitter User Broke The News Of Whitney Houston’s Death An Entire Hour Before The Press

Source: http://www.businessinsider.com/how-one-twitter-user-broke-the-news-of-whitney-houstons-death-an-entire-hour-before-the-press-2012-2


When news spread Saturday night of Whitney Houston‘s passing, it was the AP who had the first official statement from Houston’s publicist confirming the singer’s death.

But an entire hour before that, Twitter user Brittany J. Pullard (aka @BarBeeBrit) was the first person to tweet the news, according to the below graph posted by Twitter, courtesy of @isaach.

Twitter Chart Whitney

@BarBeeBritt, who resides in Los Angeles and enjoys the Hollywood club scene, as evident by her Twitter feed, tweeted at 4:02pm PST to her then-799 followers:

WHitney Tweet

The tweet only received three retweets and @BarBreeBritt never revealed how exactly she heard the news, but Twitter user @AjaDiorNavy quickly had specific details of Houston’s passing at 4:15pm PST that weren’t released to the public until nearly 24 hours after the initial incident.

Twitter

Once the AP tweeted the official statement from Houston’s publicist at 4:57pm PST, rapper Lil Wayne quickly expressed his condolences and received 29,000 retweets, according to Mediabistro.

Other celebrities voiced their sympathies as well, but after Lil Wayne, the top tweets went to:

Justin Bieber (15,000 retweets): “just heard the news. so crazy. One of the GREATEST VOICES EVER just passed. RIP Whitney Houston. My prayers go out to her friends and family.”

Nicki Minaj (9,000 retweets): “Jesus Christ, not Whitney Houston. Greatest of all time,” as well as tweeting a vintage photo of the late singer alongside Michael Jackson.

Katy Perry (8,000 retweets): “So devastating. We will always love you Whitney, R.I.P.”

As if there were any doubt, it appears Twitter truly is the fastest news source. Sorry, TMZ, solid effort.

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Wednesday, February 15th, 2012 news No Comments

Comcast’s extra ads ruin NFC championship game conclusion in some areas

Source: http://www.engadget.com/2012/01/23/comcast-xfinity-ads-interrupt-nfc-championship/

It wasn’t just RIM that had designs on the limelight during the football action last night. Comcast commercials appeared over the NFC Championship game last night, thoughtfully playing over the climax of the match ‘twixt the Giants and the 49ers. Frustrated fans who missed out on parts of the fourth quarter and overtime promptly began voicing dissent on the company’s support forums. The Washington Post has a quote from spokesperson Amiee Metrick indicating the problems were due to a possible “equipment failure” at a local Fox affiliate, WTTG, resulting in the ill-timed ads reported in Washington D.C. We’ve heard that of customers receiving a $10 credit and an apology, but it seems unlikely to soothe the brow of those — like the person who recorded video of the incident you can see after the break — thinking of switching to FiOS.

Update: We’ve received a response from Comcast (included after the break), and updated the post to clarify the apparent breakdown was at local Fox affiliate WTTG.

[Thanks, John]

Continue reading Comcast’s extra ads ruin NFC championship game conclusion in some areas

Comcast’s extra ads ruin NFC championship game conclusion in some areas originally appeared on Engadget on Mon, 23 Jan 2012 15:22:00 EDT. P! lease se e our terms for use of feeds.

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Tuesday, January 24th, 2012 news No Comments

11 Facts About The World’s Changing Appetite For Luxury Watches

Source: http://www.businessinsider.com/luxury-watches-global-market-2012-1


iwc watch

Luxury watches are not just functional wristwear–they’re works of art with hundreds of years of technology packed inside.

Consumers’ tastes and shopping preferences for watches are evolving around the globe.

Market research company Digital Luxury Group has just released its annual report on the worldwide market for high-end watches, looking at 15 of the world’s biggest haute timepiece brands ahead of Baselworld, the upcoming international watch and jewelry show in Switzerland.

The report is based on more than a billion consumer searches for luxury watches on search engines including Google, Bing and Baidu.

For the first time in 2011, demand for luxury watches was higher in the US than in China, based on internet search market share.

Within China, more than half of demand for luxury timepieces comes from first- and second-tier coastal cities with high-end shopping streets, like Beijing and Shanghai.

Heritage brands like Patek Philippe and Vacheron Constantin are more popular with traditional clients from Beijing, while IWC attracts a younger, trendier, urban audience.

Source: Digital Luxury Group

See the rest of the story at Business Insider

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Friday, January 20th, 2012 news No Comments

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