Amazon's Bargain Button Could Actually Be Good for the EconomyBy
Amazon is now taking bids. Venders who sell on Amazon can enable a “make an offer” feature that allows customers to offer a lower than list price. The seller can accept, reject, or counter the offer. If one makes a counteroffer, buyer and seller can haggle over e-mail and—if they reach an agreement—pay Amazon its commission. So far, the option is available only for 150,000 goods on the website, mostly art and collectables.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Uber Paid Hackers to Delete Stolen Data on 57 Million People
- Tesla’s Burning Through Nearly Half a Million Dollars Every Hour
- New Uber CEO Keeps Finding Horrors at Every Turn
- Facebook to Show Users Which Russian Propaganda They Followed
- Jamie Dimon Says He'd Bet Donald Trump Doesn't Win Again in 2020