As a consumer I like Amazon but this has a lot of potential to cross ethical lines. I do not want to see Amazon analyzing my buying patterns across more vendors.
Amazon Offers Retailers Discounts to Adopt Payment System
21–30 of 53 posts
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#22This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…
The only difference would be if that customer was not familiar with Amazon's offering prior to purchasing at your store. But only until we get concrete numbers and evidence can we conclude if that number who will be driven to Amazon would balance against the customers who are driven by advertising for more demand towards your store.
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#23As a merchant Amazon has to take a few other steps before I use Amazon Pay. About a year ago I attempted to use the Amazon Pay WooCommerce Extension but had to turn it off because it was basically taking over the checkout page, placing itself at the very top of the page above the other payment options ( https://in30minutes.com/amazon-pay-woocommerce-extension-why... ). Another consideration: How many vendors want to…
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#24This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…
I'm not so sure about this. Customers already are familiar with purchasing on Amazon. So if anything, Amazon increasing advertising for your product will only increase demand for that product. And that same customer who made the choice to purchase at your store should still purchase at your store since that choice was there to begin with and they already chose your store. The only difference would be if that customer…
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#25As a consumer I like Amazon but this has a lot of potential to cross ethical lines. I do not want to see Amazon analyzing my buying patterns across more vendors.
They already do it. Credit Card companies like MasterCard and AmEx have been selling data to advertisers for at least 8 years now. That plus all the data you can extrapolate from other sources can give anyone an accurate picture of your consumption habits.
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#26This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…
There's no way Amazon could lower the price enough to offset the hassle of dealing with a return - not to mention you often have to pay return shipping.
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#27When is doing something like this considered illegal "tying"?
I can't think of any other case that might apply for tying.
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#282. hemorrhage money while undercutting competition
3. Jack up prices once you've got enough market penetration to stick around or have killed your competition
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#29This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…
These are people who already have Amazon accounts. If the product was cheaper at Amazon they would have made the purchase there from the start. There's no way Amazon could lower the price enough to offset the hassle of dealing with a return - not to mention you often have to pay return shipping.
Customer: Wow, I like this $100 blender.
Amazon: You could have got it from us for $110 we mean $80.
Customer: Damn, I paid too much, I guess I'll just shop Amazon first next time.
Re: Amazon Offers Retailers Discounts to Adopt Payment System
#301. Offer someone a deal that's too good to be true, because it is. 2. hemorrhage money while undercutting competition 3. Jack up prices once you've got enough market penetration to stick around or have killed your competition