Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Thursday, February 12, 2015

23 million Dollar Books, Pricing Algorithms Compete on Amazon

Found this great story as a hook for exponential functions:


Basically a book called "the Making of a Fly" reached over 23 million dollars in cost when the pricing algorithms for two companies continuous competed with each other. Michael Eisen caught some of the prices over a few days and figured out the ratio between them:




Here is a current pricing of the book:




ZD Net also found some great screen shots to help tell the story. Its perfect for exponential growth:




















Jeff Bezos and Negative Orders on Amazon

When Amazon first started, you could order a negative quantity of books.

See here at: https://www.youtube.com/watch?v=-hxX_Q5CnaA&feature=youtu.be&t=43s

Perfect hook for negative numbers. Thanks Jeff!

Full video here:
 

Monday, August 4, 2014