Friday, February 24, 2012

Clone Wars: Author Discovers Bots Competing To Sell His Book

rock-em-sock-emCarlos Bueno wrote a book called Lauren Ipsum. It's a book about understanding computers for kids. He priced it at about $14 and offered it as a print-on-demand title and ebook. All was going well, books were selling, when suddenly he noticed a few copies were being offered for $55 or more. But there were no copies to be sold at that price and presumably someone selling a used copy would reduce the price, not increase it. What was happening was that a bot had found the book and priced it at some ridiculous level - $45 at last count. Bueno was bemused, at best, and realized that bots had found the book and were essentially running a price war amongst themselves in order to offer the same print-on-demand book Bueno was offering at a massively inflated price. They were, in short, going to buy the $14 book and resell it for forty dollars more.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/LcjXvyHa65I/

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