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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm (www.theverge.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

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[–] scytale@lemm.ee 57 points 10 months ago (3 children)

Use Keepa or CamelCamelCamel to see the price history of the item you want to buy.

[–] Nollij@sopuli.xyz 22 points 10 months ago (1 children)

YSK this data is not entirely accurate. It relies entirely on Amazon's API, which has been problematic in the past.

Still a useful tool, nonetheless.

[–] Marcbmann@lemmy.world 10 points 10 months ago

That API you are describing is not active anymore. Hasn't been in a long time.

Keepa has to scrape Amazon data themselves.

[–] kameecoding@lemmy.world 5 points 10 months ago* (last edited 10 months ago) (1 children)

in Slovakia there is an aggregator site where stores can publish the stuff they are selling and the price it automatically keeps track.

well the smartwatch I have despite being in Slovakia shut up to 250 euros a month before Black Friday, then magically was many percentages off for 150.

of course the aggregator site showed that it was 150 for the whole year other than that "random" jump before black Friday

edit: found a screenshot, side-by-side with a store that's not listed on the aggregator:

https://imgur.com/a/wBdMJhN

[–] Alexstarfire@lemmy.world 2 points 10 months ago (3 children)

Not sure if it's just me but when looking at that in chrome on my phone the picture looks quite blurry and it's hard to make out much. Doesn't help that there doesn't seem to be a way to full screen it.

[–] grayman@lemmy.world 4 points 10 months ago (1 children)

Load the page on desktop mode then click on the image. imgr is owned by reddit, so it's been fully enshitified as well.

[–] Alexstarfire@lemmy.world 3 points 10 months ago

Thanks. Worked perfectly.

[–] fatalError@lemmy.sdf.org 1 points 10 months ago

If you are on android you can try the eternity app for lemmy. It works very well.

[–] pirat@lemmy.world 1 points 10 months ago

It's exactly the same case for me.

[–] CodingCarpenter@lemm.ee 2 points 10 months ago (1 children)

Amazon owns camelcamelcamel

[–] Hobbes@startrek.website 5 points 10 months ago (1 children)

Proof?

[–] CodingCarpenter@lemm.ee 4 points 10 months ago (1 children)

Ah I am incorrect. I was thinking of woot. Though they did shut down during the pandemic at Amazon's request

[–] DrMango@lemmy.world 1 points 10 months ago

Yeah ever since then CCC has felt sort of unreliable to me. If they're willing to let Amazon tell them what data they can show once, they're willing to do it again. Maybe they're even doing it on an ongoing basis.