Amazon Repricing Crash Not Far Fetched, Discovers Appeagle
Soon after an FT article imagined a stock market-like price crash on Amazon, popular repricing software Appeagle malfunctioned and caused exactly that issue for a limited number of sellers, reports EcommerceBytes.
The problem began when an update to Appeagle was released to address a new Amazon requirement. An error in a single line of code caused all listings where the seller had not entered a minimum price to be repriced to exactly one penny, and although the bug was fixed within 15 minutes, some of the affected products were purchased within that time.
Affected sellers were able to cancel the one-penny orders and, according to Appeagle spokesman Zee Mehler, Amazon noted the issue on sellers' accounts and promised they would not be suspended from selling due to the order cancellations.