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Walmart says it will discontinue Jet

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Re: Walmart says it will discontinue Jet

#161

Post by speedgoose »

TallGuyShort wrote: post #150
speedgoose wrote: post #137

Earlier quoted context omitted.

The brand is absent from most countries.

So is it NOT one of the most valuable brands in the world then? Despite Forbes' list of valuations? What exactly in the original comment about the strength of the brand do you even think is incorrect?

The original comment isn't about the value of the brand according to Forbes, but the strength of the brand.

I just say that the brand is strong only in USA but not so much outside. Not many people care about or even know the brand in most countries. So it's not a lot of strength worldwide even though it's valuable in Forbes and very strong in USA. Coca-Cola or Apple are much more strong worldwide.

Re: Walmart says it will discontinue Jet

#162

Post by speedgoose »

buzzerbetrayed wrote: post #149
speedgoose wrote: post #137

Earlier quoted context omitted.

The brand is absent from most countries.

> Just because it's an almost entirely American brand doesn't change anything GP said.

I simply disagree that's a strong brand worldwide because it's only a USA brand.

Re: Walmart says it will discontinue Jet

#163

Post by ohmaigad »

TallGuyShort wrote: post #150
speedgoose wrote: post #137

Earlier quoted context omitted.

The brand is absent from most countries.

So is it NOT one of the most valuable brands in the world then? Despite Forbes' list of valuations? What exactly in the original comment about the strength of the brand do you even think is incorrect?

Depends how you look at it. I'd say that if you value brand based on its recognition and not on its revenue/profit then Walmart is not one of the most valuable brands in the world. Just looking at the Forbes list i really doubt that MasterCard is less recognised around the world as SAP or Walmart, or Home Depot (operates in 3 countries) is more recognisable as Gillette or Ford... Forbes list should really be called "Worlds most valuable companies" not brands.

Re: Walmart says it will discontinue Jet

#165

Post by thrwaray1212 »

code4tee wrote: post #18

There was a lot of talk and press about how Jet was struggling to integrate into the Wal-Mart way both technically and culturally. What will happen to the Jet office and team in Jersey? Will that just become a Wal-Mart Office now?

Everyone was moved to Walmart teams last year. It's a Walmart office now

Re: Walmart says it will discontinue Jet

#166

Post by mattmanser »

ryanianian wrote: post #126
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.

At the time of the takeover, Jet was doing pretty innovative tech while walmart had a very terrible ecommerce offering. Jet used to have this thing where they would offer you live-calculated discounts on items that were in the same FC as items already in your cart since those items would cost them less to ship. It was kinda gimmicky, but it sure was a cool tech demo. I strongly believe that Jet was a longer-term acqu…

Silly thing to pick on. I like a drink with co-workers, but totally understandable not to at work, especially as a lot of their workers definitely couldn't because it'd be dangerous.

Or do you think it should be one rule for the richly paid programmers, and another for the low paid warehouse workers?

Re: Walmart says it will discontinue Jet

#167

Post by Symmetry »

benburleson wrote: post #58
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.

Compared to walmart.com, though, there's no reason to keep it. As a consumer, I don't really know/trust jet.com.

There are class complications that make using the Walmart brand potentially problematic, though. People with college degrees who would shop at Whole Foods or Costco or boutique retailers look down on Costco but wouldn't have those associations with Jet.com. I'm sure Walmart has researched this but keeping both brands would seem worth it from that angle.

Re: Walmart says it will discontinue Jet

#168

Post by pottertheotter »

liamcardenas wrote: post #145
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…

This is indeed poetic. It’s actually an excellent metaphor for how AWS works. Fun fact: Startups spend almost 40 cents of every VC dollar on Google, Facebook, and Amazon. [1] [1] https://s3-us-west-2.amazonaws.com/socialcapital-annual-lett...

I love how your source is hosted on AWS too.

Re: Walmart says it will discontinue Jet

#169

Post by TallGuyShort »

speedgoose wrote: post #161
TallGuyShort wrote: post #150

Earlier quoted context omitted.

So is it NOT one of the most valuable brands in the world then? Despite Forbes' list of valuations? What exactly in the original comment about the strength of the brand do you even think is incorrect?

The original comment isn't about the value of the brand according to Forbes, but the strength of the brand. I just say that the brand is strong only in USA but not so much outside. Not many people care about or even know the brand in most countries. So it's not a lot of strength worldwide even though it's valuable in Forbes and very strong in USA. Coca-Cola or Apple are much more strong worldwide.

Oh you named 2 stronger international brands. Obviously jet.com should have been kept then. Way to completely miss the forest for the trees.

Re: Walmart says it will discontinue Jet

#170

Post by eloisant »

swyx wrote: post #19
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...

what happened to Techcrunch to make it so shit? Like i'm sure even the people who work at Techcrunch hate how bad it has become. Did the company change hands or something?

Yes, I remember in the 2000's when Micheal Arrigton could make or break a startup with Techcrunch. Those days are long gone.
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