Wednesday, September 03, 2003

Underpricing and Overstocking

It has been long known that for some types of books amazon was not the best place to go for the lowest price. Now Overstock is throwing down the gauntlet very directly
Online retailer Overstock.com is directly targeting Amazon.com with a new strategy that offers best-selling books priced 25 percent below what Amazon is charging for the same titles. Overstock, a Web-based closeout specialist, reported Tuesday that it would offer 25 percent off Amazon's prices for books currently on The New York Times best-seller Lists, Publisher's Weekly best-seller lists and even those books ranked among Amazon's own 100 best-sellers.


This is the kind of competition that a money-consious shopper like myself wants to see more often.

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