[ProMarket] Amazon’s Latest Supplier Purge Is a Classic Indicator of Price Predation - Page 5 - Overclock.net - An Overclocking Community

Forum Jump: 

[ProMarket] Amazon’s Latest Supplier Purge Is a Classic Indicator of Price Predation

Reply
 
Thread Tools
post #41 of 66 (permalink) Old 03-16-2019, 02:33 AM
Otherworlder
 
epic1337's Avatar
 
Join Date: Feb 2011
Posts: 7,355
Rep: 217 (Unique: 125)
feels like they wasted a lot of their investments on their fully automated warehouse.

trolling an adult is very dangerous, don't try it at home nor at work. you don't want to play tag with a rabid man.
epic1337 is online now  
Sponsored Links
Advertisement
 
post #42 of 66 (permalink) Old 03-16-2019, 07:52 AM
To The Game
 
Chargeit's Avatar
 
Join Date: Jul 2013
Location: USA
Posts: 7,395
Rep: 290 (Unique: 197)
Quote: Originally Posted by tubers View Post
Not sure how it really goes but it sounds like another layer of typical company business buying elsewhere for cheap then reselling coupled with another you snooze you lose phenomenon. Kinda seems like scalping though. No idea if that's illegal.

I've seen a lot of youtube vids about it. Walmart clearance hunters.

Great local brickstore deals are gonna be harder to find as the time goes by thanks to more and more people learning about this arbitrage thing.
I think in it's simpler form of finding deals and then flipping for a profit it's not too bad and a good way to learn the ropes of selling online before moving to something more scalable. I personally think it gets kind of scummy once you start going out and buying up as many must have items as you can at release and then selling them for absurd prices once the stock runs out.

I wouldn't be too worried about that. Most people won't act on it so it's not a huge deal.

Last edited by Chargeit; 03-16-2019 at 08:41 AM.
Chargeit is offline  
post #43 of 66 (permalink) Old 03-16-2019, 10:16 AM
ٴٴٴ╲⎝⧹˙͜>˙⧸⎠╱
 
TK421's Avatar
 
Join Date: May 2011
Posts: 5,362
Rep: 158 (Unique: 123)
Quote: Originally Posted by Lady Fitzgerald View Post
I certainly hope so! It's a despicable practice that should be outlawed along with pure speculation (where product is bought with the intent of later reselling at a higher price without adding any actual value).



What's FBA arbitrage?

nͫٴiͤٴcͫٴeͤ੮Һ૯ ცɿ૭ ૭คעٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴ
█▀█ █▄█ ▀█▀ ▀█▀
Desktop for gaming
(17 items)
ThinkPad T480
(9 items)
ThinkPad T430 XM
(9 items)
CPU
i7 5820K
Motherboard
X99 Deluxe
GPU
RTX 2080 Ti XC Ultra
RAM
Crucial 4x4GB
Hard Drive
Samsung 950 Pro 512GB
Hard Drive
Samsung 850 EVO 1TB
Hard Drive
WD Black 4TB
Hard Drive
WD Red 10TB
Optical Drive
Dell CH03N BD
Power Supply
EVGA 750 G2
Cooling
Swiftech Drive H360X3
Case
Phanteks Enthoo Luxe
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
BenQ XL2430T
Monitor
ASUS PG279Q
Keyboard
Bloody B850
Mouse
Logitech G102 Prodigy (Mercury)
CPU
i7 8550U
Motherboard
Lenovo Windu-2 20L5
GPU
Intel UHD 620
RAM
F4-3000C16D-16GRS | 2x8GB 2400MHz
Hard Drive
Intel NVME SSD 256GB
Power Supply
Lenovo 65w USB-C
Cooling
Delta 01YR200
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
LP140WF6-SPB7 FHD IPS
CPU
i7 3920XM
Motherboard
Nozomi 4 Type 2344 BZU
GPU
Intel HD4000
RAM
F3-2133C11-8GSRL | 2x8GB 2133MHz
Hard Drive
Samsung 850 Pro 256GB
Power Supply
Lenovo 90W
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
AUO B140HAN01.3
Keyboard
Classic 7-row NMB 45N2211
▲ hide details ▲


TK421 is offline  
Sponsored Links
Advertisement
 
post #44 of 66 (permalink) Old 03-16-2019, 11:18 AM
To The Game
 
Chargeit's Avatar
 
Join Date: Jul 2013
Location: USA
Posts: 7,395
Rep: 290 (Unique: 197)
Quote: Originally Posted by TK421 View Post
What's FBA arbitrage?
FBA is fulfillment by amazon. Basically you send your products to amazon for them to store and ship them. They also deal with any customer service.

Arbitrage is buying something cheap at retail and then selling it for a profit. Such as something goes on sale at your local Walmart. Said item normally sells for twice the price on Amazon. You buy a number of the items and then sell them on ebay, amazon, whatever. Basically a way to make some money selling stuff when you lack the funds to go all in on wholesale.


I've been looking into this lately and have come to the conclusion that Arbitrage is a good way to get your feet in the door for selling online. Learn the process, take your lumps while the stakes are low and then move on to branding and wholesale.


The darker side of Arbitrage would be buying something like the NES classic for $60 at launch and then putting it up for $150 - $200 to take advantage of it being out of stock. This is the kind of behavior that gives arbitrage a bad name.
Chargeit is offline  
post #45 of 66 (permalink) Old 03-16-2019, 12:23 PM
ٴٴٴ╲⎝⧹˙͜>˙⧸⎠╱
 
TK421's Avatar
 
Join Date: May 2011
Posts: 5,362
Rep: 158 (Unique: 123)
Quote: Originally Posted by Chargeit View Post
FBA is fulfillment by amazon. Basically you send your products to amazon for them to store and ship them. They also deal with any customer service.

Arbitrage is buying something cheap at retail and then selling it for a profit. Such as something goes on sale at your local Walmart. Said item normally sells for twice the price on Amazon. You buy a number of the items and then sell them on ebay, amazon, whatever. Basically a way to make some money selling stuff when you lack the funds to go all in on wholesale.


I've been looking into this lately and have come to the conclusion that Arbitrage is a good way to get your feet in the door for selling online. Learn the process, take your lumps while the stakes are low and then move on to branding and wholesale.


The darker side of Arbitrage would be buying something like the NES classic for $60 at launch and then putting it up for $150 - $200 to take advantage of it being out of stock. This is the kind of behavior that gives arbitrage a bad name.

And it's mostly the latter right?

nͫٴiͤٴcͫٴeͤ੮Һ૯ ცɿ૭ ૭คעٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴٴ ٴٴ
█▀█ █▄█ ▀█▀ ▀█▀
Desktop for gaming
(17 items)
ThinkPad T480
(9 items)
ThinkPad T430 XM
(9 items)
CPU
i7 5820K
Motherboard
X99 Deluxe
GPU
RTX 2080 Ti XC Ultra
RAM
Crucial 4x4GB
Hard Drive
Samsung 950 Pro 512GB
Hard Drive
Samsung 850 EVO 1TB
Hard Drive
WD Black 4TB
Hard Drive
WD Red 10TB
Optical Drive
Dell CH03N BD
Power Supply
EVGA 750 G2
Cooling
Swiftech Drive H360X3
Case
Phanteks Enthoo Luxe
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
BenQ XL2430T
Monitor
ASUS PG279Q
Keyboard
Bloody B850
Mouse
Logitech G102 Prodigy (Mercury)
CPU
i7 8550U
Motherboard
Lenovo Windu-2 20L5
GPU
Intel UHD 620
RAM
F4-3000C16D-16GRS | 2x8GB 2400MHz
Hard Drive
Intel NVME SSD 256GB
Power Supply
Lenovo 65w USB-C
Cooling
Delta 01YR200
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
LP140WF6-SPB7 FHD IPS
CPU
i7 3920XM
Motherboard
Nozomi 4 Type 2344 BZU
GPU
Intel HD4000
RAM
F3-2133C11-8GSRL | 2x8GB 2133MHz
Hard Drive
Samsung 850 Pro 256GB
Power Supply
Lenovo 90W
Operating System
Windows 10 Enterprise LTSC 1809
Monitor
AUO B140HAN01.3
Keyboard
Classic 7-row NMB 45N2211
▲ hide details ▲


TK421 is offline  
post #46 of 66 (permalink) Old 03-16-2019, 12:53 PM
To The Game
 
Chargeit's Avatar
 
Join Date: Jul 2013
Location: USA
Posts: 7,395
Rep: 290 (Unique: 197)
Quote: Originally Posted by TK421 View Post
And it's mostly the latter right?
I don't think so. I'm guessing that's more of an issue around the holidays or big releases. Seems like it would be hard to sustain. Most of what I've read suggests finding things on deep sales and then flipping them.
Chargeit is offline  
post #47 of 66 (permalink) Old 03-16-2019, 01:10 PM
Original 16-bit Genesis®
 
Omega X's Avatar
 
Join Date: Mar 2013
Location: That gap between the couch cushion.
Posts: 1,648
Rep: 67 (Unique: 44)
Hoping that these suppliers can use this to their advantage. Amazon is no longer the front for your brand essentially, its just another E-bay now.
Omega X is offline  
post #48 of 66 (permalink) Old 03-16-2019, 04:09 PM
1689 Federalist
 
lightsout's Avatar
 
Join Date: May 2010
Location: Southern Oregon
Posts: 11,336
Rep: 241 (Unique: 208)
Quote: Originally Posted by Lady Fitzgerald View Post
Newegg is still many times better than misbegotten Amazon!
Only I care to use newegg for is GPU's. And thats usually just to price them. Amazon for their great returns alone smokes
everyone else. No hassles ever.

Black Box
(11 items)
CPU
R5 2600X
Motherboard
Asus Strix B450-I
GPU
EVGA GTX 1060 6GB
RAM
GSkill 16gb 3200c14 Flare
Hard Drive
500gb SSD
Power Supply
EVGA G1+ 850
Cooling
Macho Rev B
Case
NZXT H200 Black
Monitor
LG 32GK650F-B 1440p 144hz
Mouse
Sensei Raw
Audio
Sony Core Bookshelves
▲ hide details ▲


lightsout is offline  
post #49 of 66 (permalink) Old 03-16-2019, 04:14 PM
Senioritis Member
 
Lady Fitzgerald's Avatar
 
Join Date: Apr 2013
Location: AZ, SSA (Squabbling States of America)
Posts: 8,216
Rep: 521 (Unique: 328)
Quote: Originally Posted by Chargeit View Post
FBA is fulfillment by amazon. Basically you send your products to amazon for them to store and ship them. They also deal with any customer service.

Arbitrage is buying something cheap at retail and then selling it for a profit. Such as something goes on sale at your local Walmart. Said item normally sells for twice the price on Amazon. You buy a number of the items and then sell them on ebay, amazon, whatever. Basically a way to make some money selling stuff when you lack the funds to go all in on wholesale...
Close but not exactly. Fulfillment by Amazon means you provide the product to Amazon to warehouse and list, then when someone places an order, Amazon will fill the order, pack it, then ship it. The product doesn't have to be purchased from another retailer. it could be manufactured by you.

Arbitrage means the practice of selling someone else's goods without actually owning the goods. An example of a legitimate arbitrageur would be a stock broker. Not everyone has the knowledge required to navigate the ends and outs of buying and selling stocks, bonds, etc. so using a stock broker is basically hiring someone who does know the ends and outs and taking care of them for you. Another example is a real estate agent. The agent doesn't own the houses s/he sells; s/he is the one who does the listing for the homeowners, shows the listings to the buyers, then handles the legal aspects of the sale for the sellers and the buyers.

In short, these arbitrageurs are justified with what they do by either adding value to the products they sell or providing a service of value to the seller.

FBA Arbitrage, on the other hand, generally refers specifically to buying up retail products, often at close out or sale prices, then reselling them on Amazon at higher prices. While an argument could be made that making these products available for a larger customer base increase value for the end consumer, the practice also makes those products more expensive for customers who could have obtained the products for the same price the FBA Arbitrageur paid. The practice dances close to the line, usually on the wrong side, between providing a beneficial service and pure speculation, the latter being a despicable practice that is essentially thievery.

Quote: Originally Posted by Chargeit View Post
...I've been looking into this lately and have come to the conclusion that Arbitrage is a good way to get your feet in the door for selling online...
I feel the practice should be outlawed, the same as ticket scalping, which is similar, has been.

Quote: Originally Posted by Chargeit View Post
...The darker side of Arbitrage would be buying something like the NES classic for $60 at launch and then putting it up for $150 - $200 to take advantage of it being out of stock. This is the kind of behavior that gives arbitrage a bad name.
That scenario is not the only behavior that gives arbitrage a bad name. eBay is rife with fake vendors (scum), mostly Chinese, that simply list another company's products at a higher price as their own, then, when someone orders something from the scum, once the scum receives payment, the scum orders the product the legitimate vendor, pocketing the price difference. Both scenarios are directly equivalent to ticket scalping and should be outlawed for the same reasons.

Quote: Originally Posted by lightsout View Post
Only I care to use newegg for is GPU's. And thats usually just to price them. Amazon for their great returns alone smokes
everyone else. No hassles ever.
I've never been hassled over returning anything to Newegg.

Jeannie
CPU
i7-3930k
Motherboard
ASUS P9X79 WS
GPU
MSI R7850 Twin Frozr 2GD5/OC Radeon HD 7850 2GB 256-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card
GPU
Monoprice 1x2 powered HDMI Splitter
RAM
Kingston HyperX 32GB (8 x 4GB) 240-Pin DDR3 SDRAM DDR3 1600 (PC3 12800) Desktop Memory Model KHX1600C9D3K8/32GX
Hard Drive
128GB Samsung 840 Pro SSD
Hard Drive
4TB Samsung 850 EVO SSD
Hard Drive
4TB Samsung 850 EVO SSD
Hard Drive
4TB Samsung 850 EVO SSD
Hard Drive
4TB Samsung 850 EVO SSD
Optical Drive
LG 12X BD-ROM 16X DVD-ROM 48X CD-ROM SATA Internal Blu-ray Drive CH12LS28
Power Supply
Corsair HX750W
Cooling
COOLER MASTER GeminII S524 120mm Long Life Sleeve CPU Cooler
Case
Antec Two Hundred v2
Operating System
Windows 7 Ultimate
Monitor
3 x Asus VG248QE
Monitor
Vizio VO320E 32" TV
Keyboard
Logitech G510s
Mouse
Logitech M525 with Unifying Receiving
Audio
Corsair SP2500 2.1 Speakers
Audio
ASUS Xonar Essence STX Virtual 7.1 Channels 24-bit 192KHz PCI Express x1 Interface 124 dB SNR / Headphone AMP Card
Other
LSI 9211-8i HBA card
Other
HooToo® HT-CR001 3.5" PCI-E to USB 3.0 Multi-in-One Front Panel Internal Card Reader (6 Memory Slots, Genesys GL3220 Chipset) & SuperSpeed USB 3.0 3-Port Hub (VIA VL800 Chipset), can read & write: M2/MS Micro, High-Speed CF(UDMA), UHS-I, SD, SDHC,...
Other
StarTech HSB220SAT25B 2 Drive 2.5in Trayless Hot Swap SATA Mobile Rack Backplane
CPU
i7-5930K Haswell-e
Motherboard
Asus X99-E WS/USB 3.1
GPU
Visiontek Radeon 7870 2GB with 6 miniDisplayports
RAM
G-Skill Ripjaws 64GB (8x8GB) DDR4 2133
Hard Drive
Samsung 850 EVO 4TB SSDs
Hard Drive
Samsung 950 Pro 512GB m.2 SSD boot drive
Power Supply
Corsair AX760
Cooling
Noctua NH-D15S Cpu cooler
Case
Scratch built. Currently under construction at https://www.overclock.net/t/1602023/preparing-for-a-scratch-built-case
Operating System
Win 7 Ultimate
Mouse
Logitech M525
Mouse
El Cheapo Allsop hard plastic
▲ hide details ▲

Last edited by ryan92084; 03-18-2019 at 05:57 AM.
Lady Fitzgerald is offline  
post #50 of 66 (permalink) Old 03-16-2019, 11:04 PM
WaterCooler
 
Sir Beregond's Avatar
 
Join Date: Jun 2010
Location: Denver, CO
Posts: 2,937
Rep: 72 (Unique: 65)
Quote: Originally Posted by Lady Fitzgerald View Post
I still stand by my statement. I still get pretty good service from Newegg, even though it has slipped a little. My biggest complaint about Newegg is they are keeping less in their own stock than they used to, depending on marketplace vendors to take up the slack (I avoid the marketplace vendors).



Amazon, on the other hand, caused me all knds of grief in the form of sending wrong products, often repeatedly, doing a piss poor job packaging, resulting in broken products, often with the replacement products also getting broken, the completely incompetent "service" of their own carrier, customer "service" live reps being useless (the chats and emails were "manned" by badly programmed bots), etc. I finally got fed up with their crap and, except for e-books, I simply will NOT do business with Amazon.
I've had prime since 2009 and while I will lament their packaging methods, I've noticed it's gotten better. Though even with the poorly packed stuff, I've never had broken merchandise, incorrect merchandise, or any runaround like that.

Twice I had packages ship through OnTrac which has to be the worst shipping company in existence. 2-3 days late both times (one of those times being my GTX 980 back in Dec 2014). I called and complained about the poor service from OffTrac and requested they never use them again on my account. Realistically not sure if that request did anything, or if enough people complained about them...I don't know. I do know that none of my packages have shipped through them since.

Once I did not receive a package (it was marked delivered) and when I called they pretty much no questions asked refunded the order quick and painless.

Sent from my SM-G965U using Tapatalk

Deus Ex (2015-)
(21 items)
CPU
[Intel] Core i7-4790k
Motherboard
[ASUS] Z97-DELUXE
GPU
[ASUS] GTX 980 Strix
RAM
[Corsair] Vengance Pro Series 16GB DDR3-2400
Hard Drive
[Crucial] M550 512GB
Hard Drive
[WD] Black 3TB x 2
Power Supply
[Corsair] AX750
Cooling
[EK] Supremacy EVO - Gold
Cooling
[EK] GTX 980 Strix - Fullcover w/ Backplate
Cooling
[EK] D5 X-RES Top 100 w/ D5 Vario
Cooling
[Monsoon] 3/8" ID 5/8" OD Compressions - Gold
Cooling
[XSPC] EX240 x 2
Cooling
[Corsair] SP120 x 5 / AF120 x 1
Case
[Corsair] Carbide Air 540
Operating System
[Windows] 8.1 Pro 64-bit
Monitor
[LG] 32GK650F-B
Keyboard
[Corsair] K70 - Red switches
Mouse
[Razer] Naga Epic
Audio
[Audio Technica] ATH-A700
Audio
[Antlion] ModMic
Other
[Lamptron] FC5-V2
CPU
[Intel] Core i7-960
Motherboard
[ASUS] Rampage III Formula
GPU
[EVGA] GTX 670 FTW 2GB
RAM
[Corsair] Dominator-GT 6GB DDR3-1866
Hard Drive
[Crucial] M4 128GB
Hard Drive
[Samsung] Spinpoint F3 1TB x2
Hard Drive
[WD] Caviar Black 750GB
Power Supply
[Corsair] AX850
Cooling
[XSPC] Raystorm
Cooling
[XSPC] EX360 and EX240
Cooling
[Scythe] Gentle Typhoon AP-15 x 5
Cooling
[EVGA] GTX 680 Hydro Copper w/ Backplate
Cooling
[XSPC] Dual-bay Res w/ [Swiftech] MCP655
Cooling
[Bitfenix] Spectre Pro Red LED - 140mm x 4
Case
[NZXT] Switch 810 Matte Black
Operating System
[Windows] 7 Ultimate 64-Bit
Monitor
[BenQ] XL2420TX
Keyboard
[Saitek] Cyborg V.5 Red LED
Mouse
[Razer] Naga Epic Red LED
Audio
[Audio Technica] ATH-A700
Audio
[ASUS] Xonar Essence STX
Other
[Lamptron] FC5-V2
CPU
[Intel] Core M-5Y10
GPU
[Intel] HD Graphics 5300
RAM
[Generic?] 8 GB DDR3
Hard Drive
[Generic?] 256GB SSD
Operating System
[Microsoft] Windows 10
Monitor
1920 x 1080
▲ hide details ▲

Last edited by Sir Beregond; 03-16-2019 at 11:08 PM.
Sir Beregond is offline  
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Overclock.net - An Overclocking Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page


Forum Jump: 

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off