Thanks Mark for putting some sanity back into this thread.
Bill wants to argue like this is some 2 dollar item picked off of the
store shelf.
I think the situation changes with the price of the item and in the
virtual store.
Regards, Bob S.

On Fri, Feb 5, 2010 at 8:04 AM, Mark Roberts <m...@robertstech.com> wrote:
> William Robb wrote:
>
>>I asked you once, I'll ask you again: If you walked into a store to buy a
>>quart of milk and when you get to the counter you are told the price that is
>>clearly marked on the bottle as pr quart is actually per pint, and therefore
>>you will have to pay double, would you do so happily?
>>If you'd care to, answer me this time.
>>
>>In essence, this is what B&H has done, and it is what you, Mark, Godfrey and
>>(most unfortunately) Henry is defending.
>
> Bill, you're equating a physical store with a virtual store. There
> seems to be a tacit assumption that online stores can or should
> work just like physical stores. This is, in and of itself, untrue.
> They don't. They can't. They shouldn't.
>
> Here's how a mis-priced item is handled in a physical store: You sell
> the product to the customer for the price marked and eat the loss.
> That's the right thing to do and it's also the law in many places (it
> was in New York State when I lived there). Then you go back onto the
> sales floor and correct the price. This isn't viable in an online
> store because in the time it takes to ring up the sale and walk back
> to the sales area of the physical store the customer in the virtual
> store has announced his bargain through Twitter, Facebook, Woot, etc.
> and the mis-priced product has been ordered by 100 other people. Or
> 200. Or 800. B&H's servers can probably handle several hundred orders
> a *minute*. Consider an expensive item that's not underpriced by a
> mere 50% but with a mis-placed decimal point (it's been known to
> happen) that effectively underprices it by 90%... and is ordered by
> 1000 or so people before the mistake is discovered. Consider a web
> site that's been hacked and products re-priced: If the law treated any
> of these like a physical store, they'd be obliged to sell everything
> at the marked price until they noticed and fixed each erroneous price
> (good luck "proving" it was hackers who did it - or, if you're an
> aggrieved customer, proving that hackers *didn't* do it when the
> seller claims that was the case).
>
> Mark Cassino's web page was hacked not long ago - they were trying to
> upload trojans to site visitors but they could just as easily have
> re-priced everything he sells.
>
> Are there any online retailers who *do* guarantee that they'll sell
> for the price that's advertised in their online store even if it's an
> error? Find one. I haven't been able to. Look at the places that offer
> to match competitors' prices (buy.com, for example): They specifically
> state that they'll only match *correct* prices - they know *none*
> of their competitors will actually sell at an erroneous price, and
> they know pricing errors are a realistic possibility so they want to
> be protected, too.
>
> The marking of a price on an item on the shelf of a physical store
> carries with it a kind of contractual obligation between the store and
> the customer. The advertised price in a virtual store, on the other
> hand, is treated as "informational" like the price in a printed
> advertisement; subject to change or retraction in the case of errors.
>
> Many practices that work in the physical world don't scale to the
> speed, volume and security threats of the online environment. As far
> as I can tell there are *no* online retailers who promise to sell for
> the price advertised on the web site even if it's wrong. This is one
> of the policies that simply isn't workable in the virtual world.
>
>
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