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Walmart says it will discontinue Jet

techcrunch.com

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Re: Walmart says it will discontinue Jet

#101

Post by cptskippy »

robotnixon wrote: post #72
herman_toothrot wrote: post #25

Earlier quoted context omitted.

Do you have an example of an item being sold at Walmart which is a cheaper version packaged as the more expensive version? Genuinely curious, I'm unaware of this...

"Snapper is the sort of high-quality nameplate, like Levi Strauss, that Wal-Mart hopes can ultimately make it more Target-like. He suggested that Snapper find a lower-cost contract manufacturer. He suggested producing a separate, lesser-quality line with the Snapper nameplate just for Wal-Mart. Just like Levi did." https://www.fastcompany.com/54763/man-who-said-no-wal-mart

The book "The United States of Walmart" goes into how Walmart pressures manufacturers to lower price points, margins, outsource, etc to meet the price Walmart wants to sell their products at. They have done significant damage to once reputable brands like Levis and Huffy in the interest of having that premium brand in their stores.

For much of the 90s and early 2000s offshoring of manufacturing in the US was primarily driven my Walmart demanding lower per unit prices. Manufacturers had little choice but to comply since not being in Walmart meant losing out on a majority of the market.

Re: Walmart says it will discontinue Jet

#102

Post by TallGuyShort »

speedgoose wrote: post #90
dahfizz wrote: post #71

Earlier quoted context omitted.

Well, hundreds of millions Americans do. It's one of the strongest brands in the world.

*In USA.

Forbes ranks it as the #26 most valuable brand in the world: https://www.forbes.com/powerful-brands/list/. Just because it's an almost entirely American brand doesn't change anything GP said.

Re: Walmart says it will discontinue Jet

#103

Post by tzs »

Tyr42 wrote: post #35
hadrien01 wrote: post #3

Here's another article if you don't want to visit Techcrunch because of its redirection to advertising.com: https://www.businessinsider.fr/us/walmart-shuts-down-jet-4-y...

Techcrunch also breaks the back button, so you have to mash it to get back to HN

In many browsers you can click-hold the back button to get a pop up menu of previous pages. That can usually get you back easier than mashing.

Some sites break the back button in such a way that they only appear once in the pop up, so with them it is just click-hold and select one entry and you are done.

Others end up with many entries in the pop up so the one you want is farther down, but the one you want is still there too.

And some fill the whole list, but if you select the bottom list entry, and then click-hold again (maybe more than once if the site is really obnoxious), you can usually get out.

Re: Walmart says it will discontinue Jet

#104

Post by noer »

Terretta wrote: post #77
MangoCoffee wrote: post #54

Earlier quoted context omitted.

it seem like a waste not to continue the jet.com. its a simple domain that is easy to remember.

see also: buy.com -> rakuten // no amount of branding awareness tv ads are fixing the name recognition they lost with that one... still redirects though.

They're a pretty strong brand in their home country of Japan and I guess they'd rather be known as Rakuten worldwide rather than different names in different countries.

Re: Walmart says it will discontinue Jet

#105

Post by dcist »

ckocagil wrote: post #98
dahfizz wrote: post #71

Earlier quoted context omitted.

Well, hundreds of millions Americans do. It's one of the strongest brands in the world.

Millions (billions?) trust Facebook too. Yet, Facebook kept the Instagram brand and it paid off.

At the time of acquisition, I think the Instagram brand was more popular and recognized among users than Jet.com. Jet.com didn't become a phenomenon before Walmart acquired it. Instagram was already extremely popular when FB bought it.

Re: Walmart says it will discontinue Jet

#106

Post by [deleted] »

vsskanth wrote: post #60

Story time! When Jet.com launched they had some promos going on so I wanted to check out what it was all about and ordered a bunch of stuff. I think at that point they had 2 day shipping over 25 without a membership. Their signature purple package arrives on time, in a larger than expected box. I open it, and there's a smaller Amazon box inside. I open THAT and it has all my items. I got two receipts, one from jet.co…

[deleted]

Re: Walmart says it will discontinue Jet

#107

Post by jkingsbery »

ibdf wrote: post #45

Jet must have some awful marketing, the only two times I heard of them was when they were acquired by Walmart and now.

They had a large outdoor-advertising campaign around their launch time in the New York area. Purple Jet.com signs were all over Penn Station, billboards in Manhattan, and those ads on top of cabs. Not sure how wide spread the campaign was.

Re: Walmart says it will discontinue Jet

#108

Post by [deleted] »

switch11 wrote: post #81
archeantus wrote: post #76

I’ve always looked at the Jet deal as $3b to get their CEO Marc Lore to get in there and fix their e-commerce operations. If you look at the online sales performance since Lore joined, as well as the stock price (it has more than doubled), I think $3b was a good deal.

came on here to see when someone would catch this Marc Lore was doing a great job with Diapers.com but ran out of money and had to sell to Amazon that must have been a painful 2 years working for the guys who beat you now WalMart has him and if they give him the right resources he is going to make a big dent in the whole 'Amazon is going to take over all of retail' narrative He alone is worth far more than $3 billion

[deleted]

Re: Walmart says it will discontinue Jet

#109

Post by ativzzz »

TallGuyShort wrote: post #102
speedgoose wrote: post #90

Earlier quoted context omitted.

*In USA.

Forbes ranks it as the #26 most valuable brand in the world: https://www.forbes.com/powerful-brands/list/ . Just because it's an almost entirely American brand doesn't change anything GP said.

Interesting it's so low, considering they are the highest revenue company in the world (as of 2018) https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...

Re: Walmart says it will discontinue Jet

#110

Post by dawnerd »

sct202 wrote: post #39
pgrote wrote: post #8

I know it is a simple way to look at it, but Walmart on whole has been a game changer when it came to handling the lockdown. Where Amazon was taking weeks to get "non-critical" items shipped, Walmart had on average a 3 day wait for drive up pick up. They've introduced a yearly fee for delivery and we signed up. It's been top notch. In my area, they outsource the delivery to doordash. Order, pick a time for delivery a…

Amazon I think is sandbagging the estimates. We got a gift card during the holidays and decided to spend it, and we're non-prime and put in 2 orders. Both shipping estimates were 1 month out and then suddenly delivered 2 days after the order.

I dunno. I think you just got lucky. I’m still waiting on some packages.

But also I think they’re using it as an excuse to use cheaper shipping. I know bestbuy is doing this for sure.

I think they figure no one will notice they’re using smartpost and if you complain just blaming the speed on the pandemic.

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