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Amazon Allowance

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11–20 of 72 posts

Re: Amazon Allowance

#11
post #2

I applaud the effort Amazon is making to expand its influence, and giving kids an Amazon allowance would lock them in because it doesn't look too easy to convert that money back to real cash. But I don't think this one will stick around for very long. Prepaid cash/debit cards and automated deposits are an older and more proven way of doing this (not to mention just handing your kids $20 in cash every week). By giving…

Kids? I'm pretty sure the real market here is camgirls and other internet personalities that people want to buy presents for.

You can already send Amazon gift cards or buy things off someone's Amazon wishlist.

Re: Amazon Allowance

#12

Earlier quoted context omitted.

Kids? I'm pretty sure the real market here is camgirls and other internet personalities that people want to buy presents for.

You can already send Amazon gift cards or buy things off someone's Amazon wishlist.

Patreon's innovation was the "monthly recurring donation." That's basically what this is as well. So one could say it's a direct competitor.

Re: Amazon Allowance

#13
post #3

This seems like a great way to give employees a bit of a perk. An allowance could be used for technical books, and or other learning materials.

This is Amazon we're talking about. The company that doesn't give employees prime, free hardware to take home, or a real employee discount.

Parent mean that Amazon's customers could use this is a book budget perk.

Re: Amazon Allowance

#14
post #3

This seems like a great way to give employees a bit of a perk. An allowance could be used for technical books, and or other learning materials.

This is Amazon we're talking about. The company that doesn't give employees prime, free hardware to take home, or a real employee discount.

I think they mean any company for their employees, not specifically amazon - I think Buffer give their employees Amazon gift cards for their Kindles - something like that

Re: Amazon Allowance

#15
post #3

This seems like a great way to give employees a bit of a perk. An allowance could be used for technical books, and or other learning materials.

This is Amazon we're talking about. The company that doesn't give employees prime, free hardware to take home, or a real employee discount.

What is a non-real employee discount?

Re: Amazon Allowance

#16
post #15

Earlier quoted context omitted.

This is Amazon we're talking about. The company that doesn't give employees prime, free hardware to take home, or a real employee discount.

What is a non-real employee discount?

10% off up to $100 per year. So about 1/4 day off. Why bother?

Re: Amazon Allowance

#17
post #2

I applaud the effort Amazon is making to expand its influence, and giving kids an Amazon allowance would lock them in because it doesn't look too easy to convert that money back to real cash. But I don't think this one will stick around for very long. Prepaid cash/debit cards and automated deposits are an older and more proven way of doing this (not to mention just handing your kids $20 in cash every week). By giving…

This is an interesting payments case b/c with kiddos in the United States you need to deal with the Children's Online Privacy Act (ie the reason for the "are you 13 years or older" checkbox question)

One firm that's was trying to do kid payments was Virtual Piggy (now Oink): http://www.oink.com

Re: Amazon Allowance

#18
post #15

Earlier quoted context omitted.

What is a non-real employee discount?

10% off up to $100 per year. So about 1/4 day off. Why bother?

Doesn't that essentially mean free prime?

Also... it beats the discount I got back when I worked fast food. Not saying some places don't do better, but I do fear the entitlement of my peers here.

Re: Amazon Allowance

#19
post #2

I applaud the effort Amazon is making to expand its influence, and giving kids an Amazon allowance would lock them in because it doesn't look too easy to convert that money back to real cash. But I don't think this one will stick around for very long. Prepaid cash/debit cards and automated deposits are an older and more proven way of doing this (not to mention just handing your kids $20 in cash every week). By giving…

Kids? I'm pretty sure the real market here is camgirls and other internet personalities that people want to buy presents for.

Yeah, that's the first thing I thought of ... seekingarrangement.com sorts of deals.
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