Business
Amazon software glitch leads to 1p ‘bargains’
London: 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.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.