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Amazon to shut down its Amazon Restaurants business in the U.S.

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Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#2
Sad to see it go. I was on the original Amazon Local team for about two years, that ultimately turned into restaurants. A lot of my growth came from the people on amazon local, really solid people and good people, the product just had trouble catching on. That’s amazon, they’ll give just about everything a solid try and do their best knowing it may not work out.

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#3
post #2

Sad to see it go. I was on the original Amazon Local team for about two years, that ultimately turned into restaurants. A lot of my growth came from the people on amazon local, really solid people and good people, the product just had trouble catching on. That’s amazon, they’ll give just about everything a solid try and do their best knowing it may not work out.

[deleted]

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#4
I wonder if Amazon would ever dive into the home real estate market. With modern day search, realtors provide very little value above doing the paper work, and that seems very automatable. There's just no reason to pay 6% of every house sale to middle men, but that's the way it currently works. A large company like Amazon or Google could make a ton of money at a much lower rate. I think this makes a lot more sense than going into the restaurant delivery business.

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#5
post #4

I wonder if Amazon would ever dive into the home real estate market. With modern day search, realtors provide very little value above doing the paper work, and that seems very automatable. There's just no reason to pay 6% of every house sale to middle men, but that's the way it currently works. A large company like Amazon or Google could make a ton of money at a much lower rate. I think this makes a lot more sense th…

They already have trucks and people used to moving things around. They could sell you a house and have your stuff moved in 2 days. I even have the branding figured out for the moving service: Amazon Prime Movers.

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#6
post #4

I wonder if Amazon would ever dive into the home real estate market. With modern day search, realtors provide very little value above doing the paper work, and that seems very automatable. There's just no reason to pay 6% of every house sale to middle men, but that's the way it currently works. A large company like Amazon or Google could make a ton of money at a much lower rate. I think this makes a lot more sense th…

They already have trucks and people used to moving things around. They could sell you a house and have your stuff moved in 2 days. I even have the branding figured out for the moving service: Amazon Prime Movers.

give you a discount on furniture/moving/house if you sign up for prime

then onboard your entire life into amazons ecosystem, get great exclusive prime deals on the echo/whatever smart shit they want to dump on you

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#7
post #2

Sad to see it go. I was on the original Amazon Local team for about two years, that ultimately turned into restaurants. A lot of my growth came from the people on amazon local, really solid people and good people, the product just had trouble catching on. That’s amazon, they’ll give just about everything a solid try and do their best knowing it may not work out.

Are you able to discuss some of the lessons learnt, like generically without going into too much private detail

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#8
post #4

I wonder if Amazon would ever dive into the home real estate market. With modern day search, realtors provide very little value above doing the paper work, and that seems very automatable. There's just no reason to pay 6% of every house sale to middle men, but that's the way it currently works. A large company like Amazon or Google could make a ton of money at a much lower rate. I think this makes a lot more sense th…

They already have trucks and people used to moving things around. They could sell you a house and have your stuff moved in 2 days. I even have the branding figured out for the moving service: Amazon Prime Movers.

There's already lots of healthy competition in moving companies. Imagine if the movers wanted a percentage of your home price instead of few hundred for the day's work.

The problem with realtors is that they've got a lock on the bureaucratic side, and the existing realty sites (Zillow, Trulia, etc...) are aligned with them. There are upstarts in some cities, but the existing realtors in those places collude to keep the process inefficient. It'll take a behemoth to crack it open, but there'll be a lot of reward for someone big enough to pull it off.

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#9
post #4

I wonder if Amazon would ever dive into the home real estate market. With modern day search, realtors provide very little value above doing the paper work, and that seems very automatable. There's just no reason to pay 6% of every house sale to middle men, but that's the way it currently works. A large company like Amazon or Google could make a ton of money at a much lower rate. I think this makes a lot more sense th…

Redfin is already in that market and it doesn't seem to be doing very well. I'm actually fairly surprised how slow redfin is able to grow and expand their market. Their website felt second to none in terms of usability.

Re: Amazon to shut down its Amazon Restaurants business in the U.S.

#10
For the last few weeks they’ve been hitting me with exactly the same offers as Bite Squad - including free delivery for both last month AND this.

Despite the convenience of purchasing with Amazon, it’s just an expensive way to buy food!

At least they never just threw it over the gate like tonight’s Amazon delivery!

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