Does this track inventory? I can't really tell.
Amazon Local Register
11–20 of 225 posts
Re: Amazon Local Register
#12Looks like this is just for the US. Do any of you have cashback credit cards that offer >1.75% ?
My AMEX points work out to 1.33% and my Capital One gives 1.5% . Both are statement credits. I haven't personally seen or been offered anything better than Capital One for that type of incentive.
I'd guess some points/loyalty hacker has figured out how to get over 1.75%, but it probably wouldn't be cashback through direct statement credits.
Re: Amazon Local Register
#13Think of Amazon's role as an online merchant: they've built a 3rd party merchant system where other folks can use Amazon's retail and distribution. Then, they gathered centralized data of what sells, at what prices. They stepped in and started carrying more profitable items themselves. Now, look at their role here: if this takes off, they'll have data on what merchants are selling, for how much, and to whom. These ar…
> If Amazon wanted to start pushing more into local markets (or different kinds of products), they can make a fortune off this data, and that's why they can afford to undercut companies like Square. It's a long term play.
Possibly. Alternatively, Amazon seems to operate under a business model something like: 1) enter an existing market with a product offering that is at best the same as the competition 2) undercut said competition with unsustainable pricing until you drive them all out and have a monopoly 3) raise prices, profit
Re: Amazon Local Register
#14Does anyone know how this could integrate with QuickBooks? We currently use Quickbooks Point of Sale to run the cash register and inventory and it loads into the QuickBooks company file each night.
I'd love to switch to something like this but I'm not really clear on how the accounting would work.
Re: Amazon Local Register
#15The rate at which Amazon is rolling out products is nothing short of dizzying. Reminds me of Google before Larry came back and retook the reigns. Inevitably they will come to a point where they start shutting down a subset of their enormous product line. It was one thing to have google wave or reader dropped, but when amazon kills some of these lines it'll affect people in real ways. And it will happen.
Here is for hoping they eventually focus on making their products better instead of constantly making new ones. Even look at AWS. I would struggle to name 80% of the services under that umbrella in under a minute.
Re: Amazon Local Register
#16Would be cool if they supported chip and pin and paypass.
I came here to make a similar comment. We need more companies pushing adoption of EMV here in the states. I know it isn't a perfect solution, but it is certainly better than the mag-stripe situation we have today. It makes me nervous whenever I see one of these devices being used in the wild. The first generation of Square devices were very easy to siphon raw track data off of. As a customer, how do I know that the device you have attached to your personal phone is secure? I don't know the security behind the latest generations of these devices, but it still makes me uneasy swiping my credit card on someone's personal device that has who-knows-what malware on it.
Re: Amazon Local Register
#17Think of Amazon's role as an online merchant: they've built a 3rd party merchant system where other folks can use Amazon's retail and distribution. Then, they gathered centralized data of what sells, at what prices. They stepped in and started carrying more profitable items themselves. Now, look at their role here: if this takes off, they'll have data on what merchants are selling, for how much, and to whom. These ar…
They're only undercutting Square until 2015, after that the fee is 2.75%, same as Square. Read the fine print.
Until 2016.
Re: Amazon Local Register
#18The awesome Brian Roemmele announced this on Quora two weeks ago: http://acceptingpayments.quora.com/Quora-News-Before-It-Happ...
Exciting times, to see what unfolds in this payment war. Apple will certainly get there soon: http://acceptingpayments.quora.com/Apple%E2%80%99s-iWallet-A...
http://acceptingpayments.quora.com/Confirmed-Apple-iPhone-Ev...
http://acceptingpayments.quora.com/Apple-Patent-Shows-How-Pa...
Re: Amazon Local Register
#19I'm guessing the product roadmap looks something like: Point of Sale -> Inventory Management -> All of your physical inventory is also available for purchase on Amazon.com
Brilliant.
Re: Amazon Local Register
#20In a typical Scorpion manner (http://www.feld.com/archives/2014/07/amazons-scorpion-proble...), they are going in for the kill.