Profitero reveals that Amazon.com makes more than 2.5 million price changes daily, according to their analysis. That’s compared to just over 50,000 total price changes made at brick-and-mortar retailers Best Buy and Walmart throughout the entire month of November.
This is fascinating to me on a couple of levels. First, it’s impressive just how well Amazon understands the behavior of their customers. Don’t all businesses want to know how their customers think and act?
On another level, this is pretty scary (especially in light of the revelations of NSA snooping). What else does Amazon know about how we behave online?
Amazon Adjusts Prices 2.5 Million Times a Day – Technology News – redOrbit