The world’s biggest online retailers have all been selling cheap shoes, jewelry and other luxury goods for as little as $100 in recent weeks, but many of them have been selling items for as much as $2,000 or more, according to a report published Thursday by the Consumerist.
The report, which was based on the data of more than 40,000 online shoppers, found that a large number of sites have been charging shoppers as much for cheap items as they do for luxury goods, with some sites even selling goods for over $2 million.
In many cases, the sites that were selling cheaper goods were offering more for their customers than they did for their money, with the average price for a pair of cheap jeans in New York City rising to more than $150,000, for instance, according the report.
But a few sites have also been offering far less than the full price for items.
The Consumerist report was written by Robby Mook, an analyst with the consumer advocacy group, Public Citizen.
He said the sites selling the goods that consumers were interested in were not doing so at a competitive price, and that they were charging for things that they would have sold for much more on their own.
“The retailers that are selling cheap goods on these sites are doing so in a way that they are essentially charging consumers to buy these items,” he said.
The websites that have been aggressively selling cheap products include:Amazon, which has more than 100 million items sold, and Walmart, which offers items at $2.99, $4.99 and $6.99 a pair.
“While Walmart has been selling the cheapest prices in the world for years, Amazon has been aggressively ramping up the price of its goods,” Mook said.
“As the number of items sold at Amazon continues to rise, we expect to see even more retailers offering lower prices for items that consumers want to purchase.”
In a statement to CNBC, Amazon said it was working to ensure the accuracy of the report, and it would review the report in detail.
The site’s website has a large selection of cheap and popular items, including shoes, apparel, home furnishings, and furniture.
Amazon also has a marketplace where shoppers can buy items from brands such as Amazon, Best Buy, and Ikea, as well as smaller businesses like Target and Home Depot.
The consumer advocacy organization, Public Citizens, said it has received complaints from people who purchased items from these sites.
The group said it is reviewing the report and will send it to Amazon.com for further review.
“We want consumers to know that these retailers are offering consumers the highest possible prices, but we’re also telling them how they can make sure they’re getting the best deal,” Moo said.
“We encourage them to keep buying low-priced products and stay within their budget.