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Walmart says it will discontinue Jet

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Re: Walmart says it will discontinue Jet

#211

Post by paxys »

arkades wrote: post #118
dumbfounder wrote: post #111

Earlier quoted context omitted.

I am sure Walmart did the requisite analysis to figure out it was a smart move to shut the brand down. Cost to maintain brand, trajectory, number of loyal customers, etc. That isn't to say they couldn't have made a mistake, but this isn't their first rodeo, so I think you can assume some smart people looked at a bunch of angles before making the decision.

Nah. Walmart totally makes multi-million dollar business decisions with less diligence and critical analysis than random HN posters. I think of this as the social media Gell-Mann Amnesia Effect. You see comments from folks with zero insight and no doubt no specialized knowledge of the relevant industry, recognize that they are likely just making an off-the-cuff comment without any value, open the next thread where it…

Because no multi-million dollar business has ever made a bad decision..

Re: Walmart says it will discontinue Jet

#212

Post by bitexploder »

jm4 wrote: post #171
bonestamp2 wrote: post #152

Earlier quoted context omitted.

I was with you on walmart for awhile but now they're doing the same marketplace bullshit that amazon is doing and all expectations of quality and authenticity are lost again. If I want something used I'll go to ebay and if I want something drop-shipped from china I can go to aliexpress myself. So now I'm using Target.com whenever possible. It's often cheaper than amazon anyway. I actually started using walmart.com ov…

The marketplace is the reason I don’t use Walmart. The marketplace and commingled stock is Amazon’s biggest problem and Walmart appears to be playing catch-up rather than forging their own path. We don’t need another Amazon. I’ve been using Target, eBay, Best Buy and random sites lately. The Target experience is great even if they don’t have the same selection Amazon does.

Yeah, I have noticed that as well. Newegg is another one that went down the "Market place" approach and is why I didn't list them. I just use Micro center now. A little bit less selection, but not much and they will order almost anything for you and get it quickly.

Re: Walmart says it will discontinue Jet

#213

Post by naravara »

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.

Walmart's brand is pretty toxic in certain corners, so I could see Jet being an "alternative" to dodge the association. Kind of like Tab/Diet Coke.

But I think basically anyone using Jet pretty much knew it was WalMart anyway so it didn't matter.

Re: Walmart says it will discontinue Jet

#214

Post by ethagknight »

ryansmccoy wrote: post #49
ethagknight wrote: post #43

Earlier quoted context omitted.

I’m removed from it, but I’m told Walmart has massive loyalty with suppliers and product aggregators (not sure on the proper term). There are small-shop businesses with a contract responsible for supplying all of one product to Walmart, and that person is the sole supplier to Walmart, and the contract gets re-bid every few years. For example, there’s a “small business” who has a contract to supply all beef jerky to a…

Distributors?

Seems like the opposite of a distributor (hence the term aggregator), taking products from a few suppliers and dumping into the Walmart machine. I don't think they are involved with getting the product delivered or logistics, purely about contracts, relationships and market knowledge. I think they do carry some risk on demand forecasting.

Re: Walmart says it will discontinue Jet

#217

Post by somethoughts »

MangoCoffee wrote: post #54
nojito wrote: post #36

Pretty sure Walmart has absorbed and replicated jet's backend throughout its (Walmart’s) entire backend. Interesting talk from Scott Havens here about why WalMart acquired them and what Walmart problems they were able to solve. https://www.youtube.com/watch?v=FskIb9SariI There simply isn't a need for jet.com branding anymore.

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

Yes I wish they would have maintained Jet.com as their marketplace brand (i.e. e-Bay competitor) and left walmart.com as the place you can buy Walmart sourced, un-comingled, fulfilled, guaranteed merchandise.

Re: Walmart says it will discontinue Jet

#218

Post by jonas21 »

Symmetry wrote: post #167
benburleson wrote: post #58

Earlier quoted context omitted.

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.

It works both ways though. People who would never set foot in a Walmart might order from walmart.com for convenience or price or because they don't really think about it when ordering online.

If they have a positive experience online, that could affect their impression of the Walmart brand in general.

Re: Walmart says it will discontinue Jet

#219

Post by axaxs »

projectileboy wrote: post #4

FWIW, one could argue that Walmart didn’t pay $3B for Jet; they paid $3B for Marc Lore, which might still prove to have been a decent buy.

Not saying you're wrong, but Walmart acquired Jet 4 years ago. If their current web offering is the end result, I'd say they overpaid by about... 3 billion dollars.

Re: Walmart says it will discontinue Jet

#220

Post by SomeoneFromCA »

politelemon wrote: post #5
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...

Thank you, between pihole, ublock and Nextdns, I'm now unable to access techcrunch due to the forced redirect, so I've just dropped it altogether.

Try using links or w3m.
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