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Amazon
Author: ABC News
June 3, 2016 at 09:54
Pharmapacks, a health and beauty online marketplace in the New York City borough of Queens, has become a multimillion dollar business by discounting thousands of products online.
The name Amazon has become synonymous with online shopping, and there’s one company that is aiming to change the e-commerce game with constantly changing prices to give consumers the best deal. Pharmapacks, a health and beauty online marketplace in the New York City borough of Queens, has become a multimillion dollar business by discounting thousands of products online. “Every 45 minutes, our systems are changing prices,” said co-founder Andrew Vagenas. “Whether it’s increasing prices, decreasing prices, market demand or we’re getting better deals or buying better. We always pass the profits straight to the customer whenever there’s a discount given to us, so that’s how we can d-rop prices.” Co-founder ...
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