Whenever I list a CD to sell on Amazon, if the seller 'Zoverstocks' has the same item to sell, which they always seem to do annoyingly. Seems there's no title I have that they don't have, considering at the time of writing this, they have 5,010,550 total ratings. Anyway, they always have to outdo me by changing their selling price so that they sell their item at a lower price than me, usually 1p less.
Sometimes my item has only been listed a few minutes and I see their item is selling for 1p less than mine.
Considering the amount of items they are selling all at one time, how are they able to view that someone is undercutting their prices?
Do they employ lots of people scouring Zoverstock's Inventory Amazon pages on their list of items they are selling day and night to ensure they are always the cheapest?
Or is their an Amazon tool/app they can use to alter their price automatically so that their item is always 1p less than anyone else's? (unless 1p is the lowest price).
Hope someone is able to explain this because I don't think it's fair that they seem to have the biggest share of the CD market all to themselves by always keeping their prices lower than anyone else's as I do know they call themselves 'estocks' on both Ebay and Rakuten.
Thanks.
Sometimes my item has only been listed a few minutes and I see their item is selling for 1p less than mine.
Considering the amount of items they are selling all at one time, how are they able to view that someone is undercutting their prices?
Do they employ lots of people scouring Zoverstock's Inventory Amazon pages on their list of items they are selling day and night to ensure they are always the cheapest?
Or is their an Amazon tool/app they can use to alter their price automatically so that their item is always 1p less than anyone else's? (unless 1p is the lowest price).
Hope someone is able to explain this because I don't think it's fair that they seem to have the biggest share of the CD market all to themselves by always keeping their prices lower than anyone else's as I do know they call themselves 'estocks' on both Ebay and Rakuten.
Thanks.