Shoppers at Amazon.com can now “Make an Offer” on certain items instead of paying the asking price. With the service, Amazon joins the likes of eBay in allowing customers to try and negotiate a lower price.
Peter Farlcy, VP for Amazon Marketplace, said: “In a recent survey of our sellers, nearly half of the respondents told us that the ability to negotiate prices with customers would be important to drive move sales on Amazon.
“Make an offer delivers that functionality and makes customers feel confident they are getting an item they want at the lowest price possible.”
While the new feature is currently limited to specific categories such as Sports Collectibles, Entertainment Collectibles, Collectible Coins, Fine Art, and Historical & Political Memorabilia, it is expected to expand to many more items next year. When purchasing a qualifying item, the buyer can either pay the listed price, or enter in an offer which the seller will then receive and choose to accept, make a counter offer, or decline. I mean hey, why not try and get that signed Arnold Schwarzenegger 8×10 photo for a few bucks less.
What do you think about Amazon’s new “Make an Offer” feature? Is this something you will be taking advantage of? What other items or categories would you like to see added to the program? Let us know in the comments below, or on Google+, Facebook, or Twitter.