I doubt this will make a dent to Amazon's monopoly. Amazon is not winning because of they're closed and have high commission.
If somebody can compete with Amazon will be companies like JD, coupang, Walmart.
Buy on Google is now open and commission-free
11–20 of 257 posts
Re: Buy on Google is now open and commission-free
#12So many questions... the big one: How does Google make money from this?
Crossing all your shopping habits with your online profile?
Re: Buy on Google is now open and commission-free
#13Well, this is a good shot across the bows for Amazon. I feel Amazon was getting a bit abusive towards its sellers.
To those who fear Google will become abusive in the long term: yes they might, but then there will be other competitors (perhaps a reformed Amazon) to hold them to a fair cut in the future.
Market working as intended in other words.
Re: Buy on Google is now open and commission-free
#14This is 'The Anti-Amazon Alliance' as Ben Thompson puts it. Curious to see if customers will adopt it. I think it lacks two key value props of Amazon: uniform guarantees (Amazon guarantees regardless of seller) and super fast shipping.
Re: Buy on Google is now open and commission-free
#15So many questions... the big one: How does Google make money from this?
You're providing them with market research about inventory, sales, customer demographics, ad click through, etc.... Google isn't doing this for you.
Re: Buy on Google is now open and commission-free
#16Free until they dominate the entire market
I'm just glad there's someone to temper Amazon from world dominance... For now.
At first, me too.
But amazon doesn't have a search monopoly, millions of android devices, google maps, or youtube to drive the sales.
Neither do they have the huge amount of data google already have on people.
Now there is a possibility that google fails because sales require a lot of IRL stuff they suck at. So maybe it will be a balanced game.
But if they win, it's going to be a nightmare.
Unrelated, but I'm also quite worried about Apple deciding to become a bank one day.
Re: Buy on Google is now open and commission-free
#17Free until they dominate the entire market
Or wipe out the low commission fee competition in the payment processor space.
If the US had better anti-competitive enforcement I feel like this is akin to the Internet Explorer/Netscape/Microsoft case, in them using one monopoly (search) to take over another market (same hook too: "free").
Plus you know they're going to reward sites for using this in their search rankings (or just outright place them at the top).
Re: Buy on Google is now open and commission-free
#18Is Google's head of payment systems really called "Bill Ready"?
Re: Buy on Google is now open and commission-free
#19This is 'The Anti-Amazon Alliance' as Ben Thompson puts it. Curious to see if customers will adopt it. I think it lacks two key value props of Amazon: uniform guarantees (Amazon guarantees regardless of seller) and super fast shipping.
It may depend on the value-proposition for the sellers. If Amazon takes too much of a cut, alternatives, even with fewer customers, may look attractive.
Re: Buy on Google is now open and commission-free
#20Is Google's head of payment systems really called "Bill Ready"?
A name, a destiny.