Would you pay $23,698,655.93 to read about flies?

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A recent discussion centers around an Amazon seller listing a book for an exorbitant price of $23,698,655.93, sparking commentary on the prevalence of inflated book prices by marketplace sellers. Many participants noted that it’s common to see books still in print offered at ten times their retail price, suggesting that some sellers may be waiting for an unsuspecting buyer. The conversation also touched on the impact of automated pricing strategies, where competitors adjust their prices in response to each other, leading to significant price discrepancies. Some users humorously compared the absurdity of book prices to the cost of an aircraft carrier, highlighting the ridiculousness of both scenarios. The discussion concluded with remarks on the challenges of shipping costs and the potential for resale value, with one participant joking about selling their own copy for an even higher price. Overall, the thread reflects on the bizarre dynamics of online book pricing and the tactics used by sellers to attract buyers, often at the expense of reasonable pricing.
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That's a bit extreme, but I routinely see books that are still in print (and available brand new for the normal list price) being 'offered' by marketplace sellers at 10 times their list price or more. I can't help but think that these sellers are lying in wait for some idiot to buy it by mistake. (All it takes is one.)
 
Doc Al said:
That's a bit extreme, but I routinely see books that are still in print (and available brand new for the normal list price) being 'offered' by marketplace sellers at 10 times their list price or more. I can't help but think that these sellers are lying in wait for some idiot to buy it by mistake. (All it takes is one.)
You mean I could have got it for $2,369,865.59? I wish I had known that before I bought it.
 
Jimmy Snyder said:
You mean I could have got it for $2,369,865.59? I wish I had known that before I bought it.
Yeah, I know it sounds like a good deal. But then they stick you with shipping charges. Rip-off!
 
I guess that I'll wait for the movie.
 
Jimmy Snyder said:
You mean I could have got it for $2,369,865.59? I wish I had known that before I bought it.

You can get it for a mere $TEXAS.00 on eBay.
 
It looks like this is the result of a robot pricing war: http://www.michaeleisen.org/blog/?p=358

profnath sets its price to 99% of bordeebook's, and bordeebook sets its price to 127% profnath's. 1.27*0.99 > 1
 
ideasrule said:
profnath sets its price to 99% of bordeebook's, and bordeebook sets its price to 127% profnath's. 1.27*0.99 > 1

I saw that... it's odd to see such starkly different pricing schemes. They are obviously direct competitors. One seeks to undersell, and the other seeks to oversell.
 
I noticed something similar in physics books. I sorted by "price:high to low" and got hits well into the 5 digits.
 
  • #11
Wow, this is ridiculous.

You can have HMS Ark Royal (http://www.royalnavy.mod.uk/operations-and-support/surface-fleet/aircraft-carriers/hms-ark-royal/ ) for only £10,000,000 ($16,000,000).

Aircraft carrier plus change or book on flies - I know what I'm buying!
 
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  • #12
Of course, with a boat, the cost of the boat itself is only the beginning. Then there's dock space rental, time and/or labor cost in keeping barnacles off the hull,...

Pretty soon you're up to the cost of a book about flies.
 
  • #13
jtbell said:
Of course, with a boat, the cost of the boat itself is only the beginning. Then there's dock space rental, time and/or labor cost in keeping barnacles off the hull,...

Pretty soon you're up to the cost of a book about flies.

Yeah, but I bet it holds it's resale value somewhat better.

Knock up some miles (both sea and air) with it, make sure there's no noticeable defects and flog it for a profit!

Not to mention the fact you're sailing around on an aircraft carrier (suppose you'd get ribbed for 'compensating for something').

Anyway, back on topic - why would they use such a system? Surely the key is to be the lowest price?
 
  • #14
That $3.99 shipping is outrageous!
 
  • #15
Don't you love Amazon's offer to buy the book back for $2.34 (at their Textbook Buyback Store)? That doesn't even pay for the shipping!
 
  • #16
JaredJames said:
Yeah, but I bet it holds it's resale value somewhat better
Actually, I just sold my copy for $47,397,311.86, not bad resale value. When word got out that I had foolishly bought the book, it gained a certain cache. Someone wanted to own the book that was bought by the world's biggest idiot and it seems to me that they got their money's worth and the title to boot. I charged $7.98 for shipping too ha ha.
 
  • #17
Jimmy Snyder said:
Actually, I just sold my copy for $47,397,311.86, not bad resale value. When word got out that I had foolishly bought the book, it gained a certain cache. Someone wanted to own the book that was bought by the world's biggest idiot and it seems to me that they got their money's worth and the title to boot. I charged $7.98 for shipping too ha ha.

:smile:

eBay may have cut down on people boosting prices with extortionate shipping costs, but it's clearly still alive here!
 
  • #18
Is there a special edition where you get the actual original flies turned into an artwork by Damien Hirst? That would probably be cheap at $100m.
 
  • #19
I don't like flies, that much.
 

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