Tad Expensive

[Diggs]

nahhh - I'm just typical IT Engineer... likes to see what will happen if...


But I may have a set of R501's going off an old Triban 3 in the near future

Ohhh... now that sounds interesting

 

[Shut Up Legs]

Just think of the leg power you'd have to provide to do justice to a bike that expensive! The performance pressure would be too much .

 

[sight-pin]

I think the ludicrous price is placed on purpose to stop customers ordering a not in stock item?
Although i could be wrong!

 

[SatNavSaysStraightOn]

I think the ludicrous price is placed on purpose to stop customers ordering a not in stock item?
Although i could be wrong!

I made the assumption that someone filled in a price field incorrectly... £64,900.00 is very close to £649.00 (hold fire - now read the rest! ) if someone has entered the .00 in the pounds field and it does not auto detect full stops! Just bad programming really! (of both the website and the end user that is!)

 

[Diggs]

I made the assumption that someone filled in a price field incorrectly... £64,900.00 is very close to £649.00 (hold fire - now read the rest! ) if someone has entered the .00 in the pounds field and it does not auto detect full stops! Just bad programming really! (of both the website and the end user that is!)

I worked at a company many years ago where the amounts they dealt with were so huge that the software dictated the last ,000 were not required to be entered (understand this is pretty normal in those type of businesses), it caused quite a few stressful Friday afternoons.

 

[sight-pin]

I was also going by the bike being a composite, I doubt you would find a new 2015 composite defy for £649, (i don't know the correct price though)
Mind you it could be a loss leader lol

 

[SatNavSaysStraightOn]

I worked at a company many years ago where the amounts they dealt with were so huge that the software dictated the last ,000 were not required to be entered (understand this is pretty normal in those type of businesses), it caused quite a few stressful Friday afternoons.

Slight OT so apologies offered
Before I worked in IT, I worked in finance for the armed forces ('bout 2 decades back)... I got used to looking for these 'errors'.
Since ending up in IT I have worked for a number of financial institutions where tracking down these 'Friday afternoon errors' became the norm...

 

[Deleted member 35268]

I'm actually annoyed by the site, I was hoping to see the Giant Defy Advanced 3, which I know they stock, but it is not listed - OK, so I need to go and see one in the actual real shop.

Also annoying are the incorrect product descriptions for Giant Defy Carbon, which turn out to be Alluminium.

A site full of errors and mistakes at the moment.

 

[400bhp]

If only Rapha made bikes.

 

[sight-pin]

I'm actually annoyed by the site, I was hoping to see the Giant Defy Advanced 3, which I know they stock, but it is not listed - OK, so I need to go and see one in the actual real shop.

Also annoying are the incorrect product descriptions for Giant Defy Carbon, which turn out to be Alluminium.

A site full of errors and mistakes at the moment.

Oh i thought it was this bike in the add. I didn't notice the "advance" bit. http://www.giant-bicycles.com/en-gb/bikes/model/defy.advanced.3/19188/77292/#specifications

Edit, Or the different spec lol

 

[ayceejay]

A common tactic, next week it will be on offer at 95% off.

 

[classic33]

That's the model with the lifetime subscription to Lance Armstrong's full team back up, including complimentary dope.

Would that be he's UPS team?

 

[S.Giles]

I think the ludicrous price is placed on purpose to stop customers ordering a not in stock item?
Although i could be wrong!

Does that go for all the prices in that ad?

Steve

 

[ufkacbln]

This may be why:

I know that some sites use an algorithm to calculate prices that is often part of the software package that runs your website's retail site

If an item suddenly becomes in demand, and stock becomes low then the item is seen by the algorithm as being "more valuable" and the price increased to reflect this value

It is normally only by a small amount (mainly so you don't realise what they are doing) but in some cases this increase can be bizarre

The other option is explained as the sourcing issue, (in a simplified version)

If Company A has an item on sale and it is not in stock, then they have to buy it in, but also need to make a profit.

So the software looks at the other sites and finds Company B that has the item, assumes this is the price Company A will have to pay adds profit margin then publishes price.

Trouble is that Company B whose price has been used is in the same boat, and their software sees your new price, decides that your new price is what they have to pay and adds profit margin to make their new price.

This then escalates as the two software read each others prices and increase the price on the website

 

[SatNavSaysStraightOn]

This may be why:

I know that some sites use an algorithm to calculate prices that is often part of the software package that runs your website's retail site

If an item suddenly becomes in demand, and stock becomes low then the item is seen by the algorithm as being "more valuable" and the price increased to reflect this value

It is normally only by a small amount (mainly so you don't realise what they are doing) but in some cases this increase can be bizarre

The other option is explained as the sourcing issue, (in a simplified version)

If Company A has an item on sale and it is not in stock, then they have to buy it in, but also need to make a profit.

So the software looks at the other sites and finds Company B that has the item, assumes this is the price Company A will have to pay adds profit margin then publishes price.

Trouble is that Company B whose price has been used is in the same boat, and their software sees your new price, decides that your new price is what they have to pay and adds profit margin to make their new price.

This then escalates as the two software read each others prices and increase the price on the website

and there was me thinking it was a simple typo... £649.00 became £64900
Oh well