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Jeff Bezos has confirmed Amazon’s growth is slowing

bloomberg.com

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Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#51

Post by jesseb »

benjaminwootton wrote: post #44
randomacct3847 wrote: post #36

Shopping on Amazon has become like shopping on Canal Street in NYC (e.g. street lined with shops selling counterfeit goods). You never know what you’re going to get.

I honestly think this is overblown on HN. We must have placed more than 100 orders a year as a family for approaching a decade, and I don’t think we’ve ever had a counterfeit. Not sure if it’s different in the UK.

Yeah I'm in the same boat. Easily over 100 orders and everything has been great, other than the occasional item damaged from shipping (which isn't exactly their fault). I am in Canada, though.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#53

Post by traek »

benjaminwootton wrote: post #44
randomacct3847 wrote: post #36

Shopping on Amazon has become like shopping on Canal Street in NYC (e.g. street lined with shops selling counterfeit goods). You never know what you’re going to get.

I honestly think this is overblown on HN. We must have placed more than 100 orders a year as a family for approaching a decade, and I don’t think we’ve ever had a counterfeit. Not sure if it’s different in the UK.

I thought so too, but I’ve had (non-tech, non-Bay Area) friends start ordering household items from Target instead of Amazon because of experiences like knockoff nail clippers and purple shampoo.

It could just be my circle of friends, but from my vantage point it feels like Amazon is starting to do serious damage to their brand.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#54

Post by martinpw »

ggm wrote: post #7

isn't there an upside? feels like a return to bricks-and-mortar competition is good, not bad. well.. depends if you own amazon shares or not. Im a non-direct shareholder, my pension fund might have a consequence but I'd expect it to be both sides of this anyway. totally feels like an upside to me.

> a return to bricks-and-mortar competition

That's not what is happening at all. Amazon dominates the ecommerce market, is still growing like crazy, is even still growing faster than the overall ecommerce market, and the ecommerce market is growing faster than the overall retail market.

No return to bricks-and-mortar competition remotely in sight here. It's a pity the spin in the article seems to have been accepted so uncritically in many posts here.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#55

Post by pault »

randomacct3847 wrote: post #48
benjaminwootton wrote: post #44

Earlier quoted context omitted.

I honestly think this is overblown on HN. We must have placed more than 100 orders a year as a family for approaching a decade, and I don’t think we’ve ever had a counterfeit. Not sure if it’s different in the UK.

It is definitely not overblown. Easy to do simple searches on Amazon and compare to a site that doesn’t rely on 3rd party sellers like Best Buy. If you searched “wireless headphones” the top results are all knock off airpods and other suspect cheap Chinese made electronics with thousands of likely fake reviews. It’s a joke

This is my biggest pet peeve with Amazon. I have given up on buying electronics multiple times because every search returns hundreds of no name Chinese knockoffs for every one reputable brand that I'm actually looking for. There is the option to select only certain brands, but if there are more than a few (which there always are because of the hundreds of knockoffs) it takes you to a page that only allows you to select one brand at a time. It's maddening and makes buying electronics on Amazon impossible. I don't know how they can not see how much friction they have in an industry where even the most trivial inconveniences cause exponential increase in bounce rates.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#57

Post by hunter23 »

Osiris wrote: post #46

Don't investors realize that mathematically, a business cannot grow at the same rate forever?

Of course they do, they just value you differently. When companies announce slower growth it impacts their valuation because it impacts the discounted value of their future cash flows.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#58

Post by vm »

Osiris wrote: post #46

Don't investors realize that mathematically, a business cannot grow at the same rate forever?

This piece wasn't written by investors. It was written by two opinion columnists at Bloomberg, the same publisher that refused to retract its widely refuted story about the Chinese government hacking Amazon & Apple.

That aside, sometimes people post stupid things on the internet.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#59

Post by nerpderp82 »

olliej wrote: post #43

It’s always weird to me when this kind of things is treated as bad news: they haven’t said they’re shrinking, literally that they aren’t growing as fast . I mean I don’t particularly like amazon but this kind of reporting irks me.

The market demands more. It isn't reporting it is expectations.

Re: Jeff Bezos has confirmed Amazon’s growth is slowing

#60

Post by hbosch »

nitrogen wrote: post #38
manigandham wrote: post #28

Earlier quoted context omitted.

What? That sounds really strange. Do you have a browser extension messing with the page? You can just use the search from the homepage. Typing "hotplate" gave autocomplete for "hotplate for cooking" which is hundreds of products: https://www.amazon.com/s?k=hotplate+for+cooking Or if you want to browse, the category homepage has all kinds of filters: https://www.amazon.com/s?k=&ref=nb_sb_noss&rh=n%3A3741261

Search and category browsing have different purposes. Search is not a substitute for a decent taxonomy. Unfortunately, MS (start menu) and Amazon seem not to realize that.

Search is better than category browsing... you can spearfish instead of cast a net. If you had typed “hot plate” into search, you would have avoided your entire frustration... you already knew what you wanted.

Amazons web site is a mess for sure, but finding a specific product is not one of those problems. The search is quite good...

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