Top third-party Amazon sellers compete like stock traders

Discussion in 'Wall St. News' started by dealmaker, Mar 27, 2017.

  1. dealmaker

    dealmaker

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    Top third-party Amazon sellers compete like stock traders
    Just beneath the placid surface of a typical product page on Amazon lies an unseen world, a system where third-party vendors can sell products alongside Amazon’s own goods. It’s like a stock market, complete with day traders, code-slinging quants, artificial-intelligence algorithms and, yes, flash crashes. (Wall Street Journal)
     
  2. CyJackX

    CyJackX

    I've speculated that technology will one day enable all online-vendors to function on a bid/ask market, I think that'd be swell.

    I wonder, though, how second-hand eBay goods could make it onto such a system; probably would have to have some standardized quality-checks, or at least some sort of self-managing market check.
     
  3. JackRab

    JackRab