I am pretty sure flipkart uses dynamic pricing. The rate is automatically revised based on the number of people looking at/buying a particular product.
I am pretty sure flipkart uses dynamic pricing. The rate is automatically revised based on the number of people looking at/buying a particular product.
When I was looking for tickets for Singapore online via different booking sites it happened with me system thought a lot of people are trying to get tickets and prices shoot up....... Only to shoot down after 30 minutes
I think eBay.in manages promotional discount with inputs from brand name manufacturers who may make a deal with ebay due to its size and to push volumes.They dont announce downward price revision to the brick& mortar retailers as they have to compensate for the existing inventory in the channel.Credit card /debit card gateways also pay to get the volume trade.Ebay sellers pay a hefty 4.5% +12% service tax+3% cess (5.06%)+Listing fee+Final value fee (min 1.5 to 2%)Ebay gets the cash in the same day from the buyer and pays the seller at best after 7 days. average 13 days. American Express Travellers chqs also depends on the float.Your cash is in their packet till you cash them.ebay.in is really offering Rs 1000-2000 less compared to the locasl shops to those who are brave enough to order in the high value ticket gizmos.
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