Amazon software glitch leads to 1p 'bargains'

Image
IANS London
Last Updated : Dec 15 2014 | 7:05 PM IST

Talk about being lucky this Christmas season! That is exactly what has happened when shoppers were treated to hundreds of items being sold for just 1p on major e-commerce site Amazon.

However, the shoppers' good fortune was not without some help from the RepricerExpress software, and The Telegraph reported Monday that a computer error led to items being sold on Amazon at a fraction of their normal price.

The RepricerExpress software automatically reprices items of stock if a cheaper version becomes available elsewhere online and is designed to keep businesses competitive.

However, what came as a dream come true for the shoppers turned out to be a nightmare for the sellers.

One of the sellers affected, Judith Blackford of Kiddymania, told Sky News that she lost 20,000 pounds ($31,333) overnight and could be forced out of business as result of the error, according to the report in The Telegraph.

"I started using RepricerExpress a few months ago. Through an error in their programme they listed my stock on Amazon at 1p per item including delivery," Blackford said.

"Having asked Amazon to cancel the orders, they are still sending them out and charging me horrendous fees. Surely someone has to be accountable for this," she added.

A Facebook group has been set up by the affected sellers, which says RepricerExpress still has not made it clear how they would be compensated.

The glitch happened on one of the busiest trading weekends of the year for sellers, in the run-up to Christmas and what was worse for them, some shoppers were quick to take advantage of the error.

In a statement on RepricerExpress's website, CEO Brendan Doherty said a software malfunction caused incorrect pricing to be sent to Amazon.

"I am truly sorry for the distress this has caused our customers. We have received communication that Amazon will not penalise sellers for this error," Doherty said.

"We are continuing to work to identify how this problem occurred and to put measures in place to ensure that it does not happen again," he added.

An Amazon spokesman told Sky News that the company was "aware that a number of marketplace sellers listed incorrect prices for a short period of time as a result of the third party software they use to price their items on Amazon".

"We responded quickly and were able to cancel the vast majority of orders immediately," he said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2014 | 7:02 PM IST

Next Story