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Amazon Offers Retailers Discounts to Adopt Payment System

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Re: Amazon Offers Retailers Discounts to Adopt Payment System

#21
post #16

As a consumer I like Amazon but this has a lot of potential to cross ethical lines. I do not want to see Amazon analyzing my buying patterns across more vendors.

They already do it. Credit Card companies like MasterCard and AmEx have been selling data to advertisers for at least 8 years now. That plus all the data you can extrapolate from other sources can give anyone an accurate picture of your consumption habits.

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#22

This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…

I'm not so sure about this. Customers already are familiar with purchasing on Amazon. So if anything, Amazon increasing advertising for your product will only increase demand for that product. And that same customer who made the choice to purchase at your store should still purchase at your store since that choice was there to begin with and they already chose your store.

The only difference would be if that customer was not familiar with Amazon's offering prior to purchasing at your store. But only until we get concrete numbers and evidence can we conclude if that number who will be driven to Amazon would balance against the customers who are driven by advertising for more demand towards your store.

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#23
post #4

As a merchant Amazon has to take a few other steps before I use Amazon Pay. About a year ago I attempted to use the Amazon Pay WooCommerce Extension but had to turn it off because it was basically taking over the checkout page, placing itself at the very top of the page above the other payment options ( https://in30minutes.com/amazon-pay-woocommerce-extension-why... ). Another consideration: How many vendors want to…

I'm not familiar with the extension, but you can build your own using their sdk. Extensions and auto-generated options usually have intrusive design choices.

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#24

This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…

I'm not so sure about this. Customers already are familiar with purchasing on Amazon. So if anything, Amazon increasing advertising for your product will only increase demand for that product. And that same customer who made the choice to purchase at your store should still purchase at your store since that choice was there to begin with and they already chose your store. The only difference would be if that customer…

Ultimately the difference will be quite nuanced for each individual user. However, if Amazon is able to figure out what the user purchased (whether it's directly provided during checkout, or they're able to identify it by looking at the charge and comparing it to your publicly available inventory online), it would be quiet easy for Amazon to say "Hey, you just purchased X for $100, we have it for $80"

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#25
post #16

As a consumer I like Amazon but this has a lot of potential to cross ethical lines. I do not want to see Amazon analyzing my buying patterns across more vendors.

They already do it. Credit Card companies like MasterCard and AmEx have been selling data to advertisers for at least 8 years now. That plus all the data you can extrapolate from other sources can give anyone an accurate picture of your consumption habits.

Is this in their TOS? Do you know whether one can opt out? Are there any electronic payments schemes that (excluding the e-coins) don't share consumption data?

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#26

This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…

These are people who already have Amazon accounts. If the product was cheaper at Amazon they would have made the purchase there from the start.

There's no way Amazon could lower the price enough to offset the hassle of dealing with a return - not to mention you often have to pay return shipping.

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#29
post #26

This would be the last thing I would want to use as a retail store. 1) Customer buys product X from me 2) Payment is processed by Amazon 3) Amazon matches the customer with their own records, sends an advertisement for that same product, at a lower cost 4a) Customer returns product and buys from Amazon 4b) Customer orders from Amazon next time they need it Edit: For the record, Amazon wouldn't even need to be able to…

These are people who already have Amazon accounts. If the product was cheaper at Amazon they would have made the purchase there from the start. There's no way Amazon could lower the price enough to offset the hassle of dealing with a return - not to mention you often have to pay return shipping.

>There's no way Amazon could lower the price enough to offset the hassle of dealing with a return

Customer: Wow, I like this $100 blender.

Amazon: You could have got it from us for $110 we mean $80.

Customer: Damn, I paid too much, I guess I'll just shop Amazon first next time.

Re: Amazon Offers Retailers Discounts to Adopt Payment System

#30

1. Offer someone a deal that's too good to be true, because it is. 2. hemorrhage money while undercutting competition 3. Jack up prices once you've got enough market penetration to stick around or have killed your competition

3. Implement your business now that you have enough transaction data to prove you can do it profitably
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