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Glitch sees Amazon sell valuable goods for 1p

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Amazon glitch

Amazon glitch

Amazon glitch

A software error on Amazon has seen hundreds of items sold for just 1p sterling, potentially costing retailers hundreds of thousands of pounds.

The glitch affected prices between 7pm and 8pm on Friday, and involved firms who use the tool RepricerExpress.

On its website, the software company promises to "auto-optimise" prices on behalf of retailers, allowing them to "sell more and keep listings competitive 24/7 without constant attention".

The error is thought largely to have affected small, independent companies, who have expressed fears that they could be put out of business.

concerns

Those who noticed the listings celebrated spending tiny amounts in exchange for "a few thousand pounds [in] value". One said: "I just bought an incense holder, don't even need it."

Family-run businesses like baby clothes outlet Kiddymania expressed their concerns.

On Facebook, the company said they had "been hit badly" by "the 1p Amazon/Repricer Express software issue". "Support kiddymania and help us through this," it added.

In a statement on the RepricerExpress website, the company apologised to retailer Sam Burnell, who complained that "we've sold thousands of pounds worth of goods for zero!!!".

A spokesperson for Amazon was not available for comment yesterday.

hnews@herald.ie


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