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Shopify goes after Amazon with new Walmart deal

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Re: Shopify goes after Amazon with new Walmart deal

#71

Post by jcomis »

12bits wrote: post #65

In all honesty who is buying from these third parties, if something on Amazon isn’t fulfilled via Amazon, I’m not buying. If I’m looking for something on Best Buy the first thing I’m doing is looking for the Best Buy only toggle. Is it strictly to make points on the vendors sales? To give a false appearance of massive inventory? Could a third party vendor list “Item A” on eBay, Amazon, Best Buy and Walmart and have a…

basically most people don't look or understand who they are buying from. They just click buy.

Re: Shopify goes after Amazon with new Walmart deal

#72

Post by kevin_thibedeau »

12bits wrote: post #65

In all honesty who is buying from these third parties, if something on Amazon isn’t fulfilled via Amazon, I’m not buying. If I’m looking for something on Best Buy the first thing I’m doing is looking for the Best Buy only toggle. Is it strictly to make points on the vendors sales? To give a false appearance of massive inventory? Could a third party vendor list “Item A” on eBay, Amazon, Best Buy and Walmart and have a…

I opened a Wal-Mart account precisely because I needed to buy a specialty tool from a vendor that was on Amazon but I couldn't purchase because of "reserved for Prime" BS. The same vendor magically had it available via Wally world. Amazon doesn't have everything in house.

Re: Shopify goes after Amazon with new Walmart deal

#73

Post by leviathant »

adventured wrote: post #53
donogh wrote: post #44

(Disclaimer: I work in the e-commerce space.) I have to say I'm concerned about Shopify's growing dominance in the e-commerce market. They're selling a 'David vs Goliath' story about taking on Amazon, while at the same time becoming a Goliath themselves. They are gradually building what seems to be an unassailable lead: preferential card processing rates with Stripe, hard-to-match discounts on shipping with the major…

> They are rapidly becoming the next FAANG. Shopify isn't remotely close to joining the big tech club, outside of their comically inflated bubble valuation (trading for 56 times sales). Let's compare, trailing four quarters. Amazon, $296b sales, $14b operating income Apple, $268b sales, $65b operating income Alphabet, $166b sales, $35b operating income Microsoft, $138b sales, $52b operating income Facebook, $73b sale…

Shopify is incredible at marketing themselves, and so far they've been able to churn their way out of the bubbles this creates, but it's going to catch up with them.

Re: Shopify goes after Amazon with new Walmart deal

#74

Post by throwawaylalala »

hef19898 wrote: post #37
thirdsun wrote: post #35

Earlier quoted context omitted.

I don't think Shopify really needs discovery or awareness among customers/buyers. Shopify's customers are merchants, businesses and manufacturers, each advertising their very own store and sales channels. For them it's hard not to consider Shopify as their ecommerce platform of choice. Meanwhile I'd argue that end customers couldn't care less about which ecommerce platform their store of choice is using. Therefore I…

As a fun fact, a former Directo of ine from Amazon, ops side, joined Shopify a while ago. A couple of years ago, I started to wonder what an ideal Amazon-"killer" would look like. And came to the conclusion it would something with aPOS-system, a rudimentary inventory management for bric and mortar shops, a webshop solution, the possibility to interface with fulfillment software and other marketplaces. That would tran…

Shopify is building fulfillment centers.

Re: Shopify goes after Amazon with new Walmart deal

#75

Post by 12bits »

kevin_thibedeau wrote: post #72
12bits wrote: post #65

In all honesty who is buying from these third parties, if something on Amazon isn’t fulfilled via Amazon, I’m not buying. If I’m looking for something on Best Buy the first thing I’m doing is looking for the Best Buy only toggle. Is it strictly to make points on the vendors sales? To give a false appearance of massive inventory? Could a third party vendor list “Item A” on eBay, Amazon, Best Buy and Walmart and have a…

I opened a Wal-Mart account precisely because I needed to buy a specialty tool from a vendor that was on Amazon but I couldn't purchase because of "reserved for Prime" BS. The same vendor magically had it available via Wally world. Amazon doesn't have everything in house.

That's fair, I personally avoid those third party sellers for the off chance you get ripped off or get a bootleg/knock off.

I hope your experience(s) had neither of those?

Re: Shopify goes after Amazon with new Walmart deal

#76

Post by 12bits »

jcomis wrote: post #71
12bits wrote: post #65

In all honesty who is buying from these third parties, if something on Amazon isn’t fulfilled via Amazon, I’m not buying. If I’m looking for something on Best Buy the first thing I’m doing is looking for the Best Buy only toggle. Is it strictly to make points on the vendors sales? To give a false appearance of massive inventory? Could a third party vendor list “Item A” on eBay, Amazon, Best Buy and Walmart and have a…

basically most people don't look or understand who they are buying from. They just click buy.

Same reason phishing is a profession I suppose lol

Re: Shopify goes after Amazon with new Walmart deal

#77

Post by byproxy »

donogh wrote: post #44

(Disclaimer: I work in the e-commerce space.) I have to say I'm concerned about Shopify's growing dominance in the e-commerce market. They're selling a 'David vs Goliath' story about taking on Amazon, while at the same time becoming a Goliath themselves. They are gradually building what seems to be an unassailable lead: preferential card processing rates with Stripe, hard-to-match discounts on shipping with the major…

Can you recommend some good alternatives to Shopify?

Re: Shopify goes after Amazon with new Walmart deal

#78

Post by sutterbomb »

12bits wrote: post #76
jcomis wrote: post #71

Earlier quoted context omitted.

basically most people don't look or understand who they are buying from. They just click buy.

Same reason phishing is a profession I suppose lol

Not really at all, have you considered that not everyone shares your preferences? That's usually a good place to start.

Re: Shopify goes after Amazon with new Walmart deal

#79

Post by kevin_thibedeau »

12bits wrote: post #75
kevin_thibedeau wrote: post #72

Earlier quoted context omitted.

I opened a Wal-Mart account precisely because I needed to buy a specialty tool from a vendor that was on Amazon but I couldn't purchase because of "reserved for Prime" BS. The same vendor magically had it available via Wally world. Amazon doesn't have everything in house.

That's fair, I personally avoid those third party sellers for the off chance you get ripped off or get a bootleg/knock off. I hope your experience(s) had neither of those?

I vet the sellers that seem legit but I don't want my financials and contact info lingering in their sketchy backend systems. There are plenty of good businesses out there with poor IT skills where Amazon/Wal-Mart/Shopify can be a trusted middleman.

Re: Shopify goes after Amazon with new Walmart deal

#80

Post by wenc »

codecamper wrote: post #33

Wow, Hacker News now used for stock pumping. nice. Now that the longs had their say, here is the short side. Shopify has an API. Someone wrote a plugin to allow a shop keeper to publish inventory into the Walmart API. When sellers sell on Walmart's platform, Shopify sees zero transactional revenue. That's the actual technical story. The linked "article" which actually included a quote from the COO includes a page of…

But it isn't just about the technical, is it?

The idea behind it is "headless commerce" -- a shop owner can operate single backend while diversifying the front-end channels from which customers are able to transact (marketplace, webshop, third-party, mobile app). It's a value-add service that all ecommerce sites will eventually move toward to retain customers.

With higher transaction volumes, provided customer data is collected and passed through, the shopkeeper can now access analytics for multi-channel targeting, marketing etc. Shopify can then sell all kinds of value-added services based on this data.

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