01-23-2017 10:14 AM
28 12
  1. 88horizon5speed's Avatar
    Amazon is price-gouging Pixel XL buyers to the tune of over $1,500

    I don't understand how people think this is wrong? The phone is selling at a higher rate than it can be supplied. Therefore price goes up because its obviously a desired good. Obviously whoever wrote the article has never taken an economics class before....

    I don't think its wrong, it may suck for those who can't shell out the money (or who don't like having contracts either carriers) but this is how it works. If many people desire a good that is in low demand then the price of the good rises because people WILL and DO pay for their desire. If they wouldn't pay....the price wouldn't have risen...
    talon1189 likes this.
    01-20-2017 07:39 AM
  2. Aquila's Avatar
    It's not "wrong" if you are talking math or ethics. What it is, is inconvenient to customers who are hoping to spend a more reasonable amount when compared to the MSRP.

    You could make an argument that it is unethical for Amazon as a seller to do so, because they are an official partner for so many Google Products... But Amazon prices aren't set by humans, that's an algorithm reading the market. But even if it were 100% human driven, we wouldn't be able to ignore that Amazon is also a major competitor to google, especially in the emerging AI space and has an interest in google AI products not being in consumer hands.. they want you to buy Alexa products.
    TwitchyPuppy likes this.
    01-20-2017 08:12 AM
  3. IAmSixNine's Avatar
    Saw the same thing with the Pokemon Go watch and nes classic. Low amount of initial quantities led to lots of people selling them for higher amounts.
    01-20-2017 08:56 AM
  4. anon(5630457)'s Avatar
    It's nothing but a cash grab. The Pixel XL 128GB is only worth ~$869. For Amazon to charge upwards of $1,500 for it is unforgivable. I gave them an unfavorable review for doing that.
    monsieurms and talon1189 like this.
    01-20-2017 09:06 AM
  5. anon(847090)'s Avatar
    F amazon. the stocks are getting replenished now. google is just stupid to not make use of the demand.
    HTC clearly is selling less of their handsets and they have the capacity to make more in just 2 weeks time.
    why cant google just add more devices. apple and samsung know how to sell devices.
    google still havent learned from all nexus sales. and this makes me really angry.

    good news is that many are now showing shipping in 4 days verizon has devices now but google store is still missing some varient.

    they could have done better
    01-20-2017 11:10 AM
  6. Wiley_11's Avatar
    “An item is only worth what someone is willing to pay for it”

    Buy local.............

    Amazon is going to kill more American jobs than China did - MarketWatch
    talon1189 likes this.
    01-20-2017 11:55 AM
  7. ctk4949's Avatar
    I sold a couple of Pixel XL 128GB for $1300
    juliesdroidsync likes this.
    01-20-2017 01:13 PM
  8. B. Diddy's Avatar
    I'm not an economist, but I would agree that this isn't how a retailer should be selling goods. Supply and demand can certainly affect prices, but a retailer shouldn't be acting in the same volatile way as an auction site or a commodities exchange. If they want to hike the prices like that depending on micro-changes in supply and demand, then perhaps they should create their own auction-type site.
    TwitchyPuppy and monsieurms like this.
    01-20-2017 01:34 PM
  9. IAmSixNine's Avatar
    Lets not forget Amazon is not selling them for 1500. Pavilion Electronics is selling it for $1399.00 as a listing on Amazon. But not sold by Amazon.

    Also leaving negative feed back for a product just because you dont agree with the price is pretty lame. Just my opinion. This is not an item thats necessary for life. Its a Phone, a luxury phone, so if they want to price it like that let them. Dont buy it.
    01-20-2017 02:22 PM
  10. Aquila's Avatar
    As of yesterday people were freaking about the one that was sold and shipped by Amazon
    TwitchyPuppy likes this.
    01-20-2017 02:29 PM
  11. frozenchosin's Avatar
    A thing or a service is worth whatever somebody is willing to pay for it. Doesn't mean that it's worth the same amount to anybody/somebody else. Gouging is in the eye of the buyer.
    kuykendallc, IAmSixNine and brosko like this.
    01-20-2017 02:43 PM
  12. cbreze's Avatar
    It's still a free country and nobody's holding a gun to my head. Charge whatever they want, I'm not buying at a grossly inflated price.
    As for leaving poor feedback, don't you have to buy it first in order to leave feedback?
    01-20-2017 07:37 PM
  13. Amele's Avatar
    It's called capitalism, buyer beware and really, anyone dumb enough to pay this for this phone or honestly any phone, deserves whatever they get.
    88horizon5speed likes this.
    01-20-2017 08:56 PM
  14. B. Diddy's Avatar
    Here's a definition of price gouging: Price Gouging - Definition, Examples, Cases

    "Price gouging is a term that refers to the practice of raising the price of goods, services, or commodities, to an unreasonable or unfair level. Such an increase in price is often a result of a sudden increase of demand and shortage of goods, such as in the event of a natural disaster or other crisis, and it is illegal in most jurisdictions.

    In most states with price gouging laws, the act is defined by the presence of three criteria:

    Emergency or Crisis Situation – applies to abrupt price increases during a time of disaster or other emergency
    Essential Items or Services – applies exclusively to items or services that are essential to survival
    Price Limit – sets a limit on the price that can be charged for essential goods or services"

    So technically, it wouldn't be illegal price gouging, since none of those criteria are met (regardless of how much the desire to have the latest phone might be considered essential to the buyer). But it's still pretty lousy business practice.
    01-20-2017 10:26 PM
  15. bhatech's Avatar
    Huh? What am I missing. I don't see any ships and sold by Amazon listing. All are third party sellers on Amazon who charge whatever they want.
    I'll find it hard to believe Amazon direct listing will be that price.
    01-21-2017 12:02 AM
  16. cdd543's Avatar
    [QUOTE=bhatech;5651107]Huh? What am I missing. I don't see any ships and sold by Amazon listing. All are third party sellers on Amazon who charge whatever they want.
    I'll find it hard to believe Amazon direct listing will be that price.[/

    Edit...I've never seen them either. Their post shows it as sold by amazon. Who knows.
    01-21-2017 01:22 AM
  17. bhatech's Avatar
    Yes you're correct. The whole article was written based on an item being sold by a third party and they didn't realize it. Same thing on Reddit. I pointed out the same thing, but people don't get that amazon can fulfill an item and not be the seller. I've been watching for pixel xl 128s there and have never seen one actually sold by amazon.
    Hmm yeah even if it was from ships and sold from Amazon for few hours or minutes it would have been a mistake probably
    01-21-2017 01:37 AM
  18. Aquila's Avatar
    Hmm yeah even if it was from ships and sold from Amazon for few hours or minutes it would have been a mistake probably
    On the day the OP's article came out it was listed as Amazon.
    01-21-2017 09:01 AM
  19. Aquila's Avatar
    This listing

    How is this price gouging? Its called supply and demand!-screenshot_20170121-090530.png
    01-21-2017 09:05 AM
  20. juliesdroidsync's Avatar
    I sold a couple of Pixel XL 128GB for $1300
    Assuming you paid less for them than that, all I have to say is, "YHWH Bless America". Entrepreneur on!

    I wouldn't personally pay that, but who am I to say it's too much for someone else to pay?
    01-21-2017 03:57 PM
  21. anon(10057381)'s Avatar
    unless I'm mistaken,those prices are from third-party sellers on Amazon. third-party sellers are mostly crooks(with the exceptions, of course). having said that, if they can find sellers who are willing to pay $1500, they have my respects.

    we don't live in a communist or socialist country. consumers are free to pay whatever they can afford to pay. I've been a member of a local wine club for almost 10 years.

    Two years ago, we purchased a bottle of 57-year-old French cognac at a stupid cost of $11,500. Divide that by 38 members in the club, each of use forked over $300. We used a syringe and equally distributed that bottle into 38 tiny glasses. Each person got just one little sip. $300 for a sip of 57-year-old cognac. It was barely enough to get a taste, but we all enjoyed the experience.

    For me, it was about as close to time travel as I would ever get. Having the 57-year-old liquid paradise, even if it was just a sip, felt like a mini trip back in time to the 1958 when the stuff was made.

    Nobody whined about the $300 cost. As a matter of fact, we actually got a great deal. A few month later, another identical bottle was sold at auction for almost $20,000!
    01-22-2017 12:16 PM
  22. Aquila's Avatar
    It doesn't seem to be an article about the third party sellers. They were doing it too, which is likely how Amazon algorithms arrived at their prices for direct sales.
    01-22-2017 01:09 PM
  23. Ranny99's Avatar
    To be honest, if you don't find this unethical, then you must agree with ticket touting as well.
    anon(9485947) likes this.
    01-22-2017 01:26 PM
  24. Aquila's Avatar
    To be honest, if you don't find this unethical, then you must agree with ticket touting as well.
    What is ticket touting?
    01-22-2017 01:29 PM
  25. anon(10057381)'s Avatar
    What is ticket touting?
    isn't that what the British version of ticket scalping?
    anon(9485947) likes this.
    01-22-2017 02:27 PM
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