Help Others with GOD help
-
How a simple typo cost one man $110,000
For most of us, the biggest consequence of a typo is a bit of embarrassment. But for Appliances Online founder John Winning, a simple mistake ended up costing almost A$100,000 ($110,000). The incident occurred late last year, when a technical glitch meant a Kitchenaid mixer which is usually worth A$799 was accidentally listed for just A$281 on the site. Within 12 hours, 190 mixers had been ordered at the wrong price — meaning the 34-year-old faced a tough choice: sacrifice almost A$100,000, or risk potentially losing 190 customers forever. Winning said the solution to the monumental pricing "stuff up" was easy. "It ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 8, 2018 5:02am Aug 8, 2018 5:02am
- JmFinancials
- | Membership Revoked | Joined May 2018 | 52 Comments
- Comment #2
- Quote
- Aug 8, 2018 8:14am Aug 8, 2018 8:14am
- bs4
- | Joined Jul 2018 | Status: Member | 59 Comments
market is a device for transferring money from the impatient to the patient
- Comment #3
- Quote
- Aug 8, 2018 9:53am Aug 8, 2018 9:53am
- gat
- | Joined Dec 2009 | Status: Member | 1040 Comments