One Geico Insurance commercial claims that “auctioneers make bad grocery clerks“. Strange if bidding is soon the norm in big-brand retail, but one-on-one. Today, Amazon announced something surprising: “Make Me an Offer“, where buyers can negotiate prices with sellers. I do not jest. Seriously. As if Amazon prices aren’t insanely low enough.
The web retailing giant claims 150,000 items in the program, which isn’t about auctions, since all negotiations are solely between buyer and seller. From my quick review, Amazon chooses wisely. The majority of items I see are those where pricing could be, perhaps should be, considered more arbitrary, like artwork, memorabilia, and other collectibles.
