Zapped by Amazon for price gouging
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
For a contrary analysis, see this ZeroHedge article [^] Then there's the old joke - charging too little = unfair competition or dumping - charging the same = collusion - charging too much = price gouging
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For a contrary analysis, see this ZeroHedge article [^] Then there's the old joke - charging too little = unfair competition or dumping - charging the same = collusion - charging too much = price gouging
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WHy do I get the feeling he's sitting on a shed load of face masks and toilet paper? :laugh:
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony AntiTwitter: @DalekDave is now a follower!
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
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So if some idiot is willing to voluntarily part with their money for some outrageously priced item then who is being harmed?
If you can't laugh at yourself - ask me and I will do it for you.
From the article:
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes
That's the problem. They cleaned out an entire region of supplies that will help mitigate the spread of the virus. If you don't discourage these activities (especially on what is probably the most accessible market worldwide), it will incentivize more people to participate. More regions will be without needed supplies and the pandemic will be worse. It's obvious why the pandemic would be worse locally since mitigation supplies aren't available. But there's also a secondary problem, which is that the spread would not be entirely local. If people around you are getting sick and you aren't symptomatic yet, you may very well travel in order to procure those supplies for yourself, further spreading the virus.
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From the article:
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes
That's the problem. They cleaned out an entire region of supplies that will help mitigate the spread of the virus. If you don't discourage these activities (especially on what is probably the most accessible market worldwide), it will incentivize more people to participate. More regions will be without needed supplies and the pandemic will be worse. It's obvious why the pandemic would be worse locally since mitigation supplies aren't available. But there's also a secondary problem, which is that the spread would not be entirely local. If people around you are getting sick and you aren't symptomatic yet, you may very well travel in order to procure those supplies for yourself, further spreading the virus.
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
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From the article:
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes
That's the problem. They cleaned out an entire region of supplies that will help mitigate the spread of the virus. If you don't discourage these activities (especially on what is probably the most accessible market worldwide), it will incentivize more people to participate. More regions will be without needed supplies and the pandemic will be worse. It's obvious why the pandemic would be worse locally since mitigation supplies aren't available. But there's also a secondary problem, which is that the spread would not be entirely local. If people around you are getting sick and you aren't symptomatic yet, you may very well travel in order to procure those supplies for yourself, further spreading the virus.
Ok. So stores should have multi-level pricing on any object that they start to have a run. First three bottles $2.99. Next 3 $30, greater than 6 - $300. Problem solved. But then everyone would scream price gouging by the stores when what in fact is happening is ensuring that runs don’t happen and everyone gets a chance to buy a reasonable amount. And people would still see the stores as the villains. What Amazon has done is guarantee that anyone who does have a supply won’t be able to get rid of any of it so there will be an even smaller supply available to purchase.
If you can't laugh at yourself - ask me and I will do it for you.
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
People that take advantage of others in times of distress should be publicly beaten.
Monday starts Diarrhea awareness week, runs until Friday! JaxCoder.com
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Ok. So stores should have multi-level pricing on any object that they start to have a run. First three bottles $2.99. Next 3 $30, greater than 6 - $300. Problem solved. But then everyone would scream price gouging by the stores when what in fact is happening is ensuring that runs don’t happen and everyone gets a chance to buy a reasonable amount. And people would still see the stores as the villains. What Amazon has done is guarantee that anyone who does have a supply won’t be able to get rid of any of it so there will be an even smaller supply available to purchase.
If you can't laugh at yourself - ask me and I will do it for you.
DRHuff wrote:
Ok. So stores should have multi-level pricing on any object that they start to have a run.
That may be a good idea for the store. I wouldn't call that price gouging personally (more rationing). A version of this is done locally where I live with bottled water whenever there's a boil notice due to contamination or issues with turbidity.
DRHuff wrote:
What Amazon has done is guarantee that anyone who does have a supply won’t be able to get rid of any of it so there will be an even smaller supply available to purchase.
This ignores the reason for that supply shortage - someone attempting to semi-monopolize a market during a crisis. Also consider, in this example, the person is indiscriminately selling the monopolized product without regard to region so the people in that region may have no supply available at all now for a unknown period of time. Amazon isn't shutting down legitimate sellers as far as I'm aware, just people attempting to do something that should honestly be illegal.
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Ok. So stores should have multi-level pricing on any object that they start to have a run. First three bottles $2.99. Next 3 $30, greater than 6 - $300. Problem solved. But then everyone would scream price gouging by the stores when what in fact is happening is ensuring that runs don’t happen and everyone gets a chance to buy a reasonable amount. And people would still see the stores as the villains. What Amazon has done is guarantee that anyone who does have a supply won’t be able to get rid of any of it so there will be an even smaller supply available to purchase.
If you can't laugh at yourself - ask me and I will do it for you.
DRHuff wrote:
Ok. So stores should have multi-level pricing on any object that they start to have a run. First three bottles $2.99. Next 3 $30, greater than 6 - $300. Problem solved.
Your logic appears not to work in this universe, because: • It's illegal. • It wouldn't work, because people who want a quick buck would quite happily go through the store multiple times. • It would actually encourage people to hoard the stuff, to sell it off when single packs run out (because they've bought them all to hoard them).
I wanna be a eunuchs developer! Pass me a bread knife!
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He is stuck with 17,700 bottles of sanitizer, after Amazon terminated his listing for price gouging. Apparently his is just one of tens of thousands listings zapped for the same reason by Amazon. Good ole Amazon! :thumbsup: He Has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them[^]
I love the way he talks as if he's been hard done by, because he's been prevented from fleecing people. This only shows that no matter how much people come together and pull together during a crisis, there are always evil scumbags trying to profit from everyone's suffering.
I wanna be a eunuchs developer! Pass me a bread knife!
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People that take advantage of others in times of distress should be publicly beaten.
Monday starts Diarrhea awareness week, runs until Friday! JaxCoder.com
Mike Hankey wrote:
People that take advantage of others in times of distress should be publicly beaten.
Tagline: If you overstock, you'll end up in the stocks!
I wanna be a eunuchs developer! Pass me a bread knife!
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Mike Hankey wrote:
People that take advantage of others in times of distress should be publicly beaten.
Tagline: If you overstock, you'll end up in the stocks!
I wanna be a eunuchs developer! Pass me a bread knife!
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Cp-Coder wrote:
Yes! Hung upside down infrom the stocks!
FTFY
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
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Ok. So stores should have multi-level pricing on any object that they start to have a run. First three bottles $2.99. Next 3 $30, greater than 6 - $300. Problem solved. But then everyone would scream price gouging by the stores when what in fact is happening is ensuring that runs don’t happen and everyone gets a chance to buy a reasonable amount. And people would still see the stores as the villains. What Amazon has done is guarantee that anyone who does have a supply won’t be able to get rid of any of it so there will be an even smaller supply available to purchase.
If you can't laugh at yourself - ask me and I will do it for you.
I supose that if he would have sold it at normal prices + a moderated profit, they would have not banned him. Being a bastard and trying to do 1000% benefit abusing the system and harming others... needs to be banned (and as others said, publicy beaten)
M.D.V. ;) If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about? Help me to understand what I'm saying, and I'll explain it better to you Rating helpful answers is nice, but saying thanks can be even nicer.
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Been away for 3 weeks and the world has gone crazy. People gouging Toilet paper...really? Wow
Monday starts Diarrhea awareness week, runs until Friday! JaxCoder.com
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From the article:
Over the next three days, Noah Colvin took a 1,300-mile road trip across Tennessee and into Kentucky, filling a U-Haul truck with thousands of bottles of hand sanitizer and thousands of packs of antibacterial wipes
That's the problem. They cleaned out an entire region of supplies that will help mitigate the spread of the virus. If you don't discourage these activities (especially on what is probably the most accessible market worldwide), it will incentivize more people to participate. More regions will be without needed supplies and the pandemic will be worse. It's obvious why the pandemic would be worse locally since mitigation supplies aren't available. But there's also a secondary problem, which is that the spread would not be entirely local. If people around you are getting sick and you aren't symptomatic yet, you may very well travel in order to procure those supplies for yourself, further spreading the virus.
Jon McKee wrote:
that will help mitigate the spread of the virus.
On the contrary. All of this overuse is going to prevent people from building up an immunity and so when things go back to normal they will be more susceptible, not less. :doh:
Social Media - A platform that makes it easier for the crazies to find each other. Everyone is born right handed. Only the strongest overcome it. Fight for left-handed rights and hand equality.
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Jon McKee wrote:
that will help mitigate the spread of the virus.
On the contrary. All of this overuse is going to prevent people from building up an immunity and so when things go back to normal they will be more susceptible, not less. :doh:
Social Media - A platform that makes it easier for the crazies to find each other. Everyone is born right handed. Only the strongest overcome it. Fight for left-handed rights and hand equality.
While herd immunity (which I'm guessing is what you're getting at) is a positive, a vaccine is generally how you want to create an immunity. Dead people have no use for immunity. And once a vaccine is created, having had COVID-19 for the purpose of building up immunity is a moot point and was an unnecessary risk. My 2 cents at least. I'm not a virologist/pathologist.
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While herd immunity (which I'm guessing is what you're getting at) is a positive, a vaccine is generally how you want to create an immunity. Dead people have no use for immunity. And once a vaccine is created, having had COVID-19 for the purpose of building up immunity is a moot point and was an unnecessary risk. My 2 cents at least. I'm not a virologist/pathologist.
Jon McKee wrote:
I'm guessing is what you're getting at
Actually no. The overuse of hand sanitizer weakens your immune system. Corona virus has been around forever (this strain might be new) but it will not be eradicated, from what I understand, it will always be with us. So, everyone will be exposed to it at some point. And you'll be worse if your immune system is weaker when you are exposed.
Social Media - A platform that makes it easier for the crazies to find each other. Everyone is born right handed. Only the strongest overcome it. Fight for left-handed rights and hand equality.
