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Amazon will reportedly soon sell its own private-label groceries

techcrunch.com

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Re: Amazon will reportedly soon sell its own private-label groceries

#31

Post by pbreit »

DiabloD3 wrote: post #17

I wish I could say that this decision is why I quit AmazonPrime and quit doing business with them already, but I already chose to do that due to how badly they treat customers, how high their prices are, and how limited their selection is. Amazon doesn't provide useful value to consumers anymore, and before they roll out any more services or private label products, they should step back and see why all their customer…

I'm guessing you're being downvoted because no one can figure out which Amazon you are referring to...certainly not the one selling a massive selection of items at very competitive prices with fast free shipping and the functional website located at amazon.com

Re: Amazon will reportedly soon sell its own private-label groceries

#32

Post by pbreit »

55acdda48ab5 wrote: post #22
55acdda48ab5 wrote: post #20

I went ahead and put a trailing stop loss $5K short position on Amazon a couple days ago. I'm of the opinion Amazon is an amazing scam. http://investmentresearchdynamics.com/amazondotcon/

Fanbois are downvoting me but this headline illustrates how Amazon operates. They pump the PR and press cycle to get a pop and work it for all it's worth for cash extraction to insiders. Their accounting practices are enron level egregious. This is going to blow up at some point. * Though I must add apology that this is a rather low information post with a low quality link. Mr. Kranzler details elsewhere in his feed…

And your commenting to people that have had consistently amazing experiences with Amazon for over 10 years.

Re: Amazon will reportedly soon sell its own private-label groceries

#33

Post by 55acdda48ab5 »

pbreit wrote: post #32
55acdda48ab5 wrote: post #22

Earlier quoted context omitted.

Fanbois are downvoting me but this headline illustrates how Amazon operates. They pump the PR and press cycle to get a pop and work it for all it's worth for cash extraction to insiders. Their accounting practices are enron level egregious. This is going to blow up at some point. * Though I must add apology that this is a rather low information post with a low quality link. Mr. Kranzler details elsewhere in his feed…

And your commenting to people that have had consistently amazing experiences with Amazon for over 10 years.

Me too. Devoted customer. Short position.

Re: Amazon will reportedly soon sell its own private-label groceries

#34

Post by prawn »

DiabloD3 wrote: post #17

I wish I could say that this decision is why I quit AmazonPrime and quit doing business with them already, but I already chose to do that due to how badly they treat customers, how high their prices are, and how limited their selection is. Amazon doesn't provide useful value to consumers anymore, and before they roll out any more services or private label products, they should step back and see why all their customer…

I just bought something from Amazon. To buy it in Australia would've been $149 + delivery (through the cheapest place I know). From Amazon, including international delivery, it was about $119. No annual fee. Didn't notice promos for other services you described. Seems like a good deal to me.

Re: Amazon will reportedly soon sell its own private-label groceries

#35

Post by LarryMade2 »

notatoad wrote: post #24
cgriswald wrote: post #15

Earlier quoted context omitted.

As a kid, the grocery store's generic brand came in yellow boxes with black letter that stated what was in the box (e.g. "Corn Flakes"). There were no other markings. I can't see Amazon letting a cereal box sit in front of someone while they eat and not try to sell them a Kindle.

That sounds like loblaws/superstore's "no name" brand: http://imgur.com/aEkQBfx It's actually a really great instantly recognizable brand, for all its generic-ness.

Different stores had different color generics back then I remember one having blue packaging (used to call the stuff the blue food) - I think Safeway was one that used Yellow as thier generic label color.

Re: Amazon will reportedly soon sell its own private-label groceries

#36

Post by hbosch »

skykooler wrote: post #28
notatoad wrote: post #24

Earlier quoted context omitted.

That sounds like loblaws/superstore's "no name" brand: http://imgur.com/aEkQBfx It's actually a really great instantly recognizable brand, for all its generic-ness.

hey look, it's https://xkcd.com/993 in the real world!

One of the best parts of the movie Repo Man (1980s) was this exact thing: http://static1.squarespace.com/static/5583664de4b088692d5198...

Also just an all around fantastic movie in general.

Re: Amazon will reportedly soon sell its own private-label groceries

#37

Post by zach »

hbosch wrote: post #36
skykooler wrote: post #28

Earlier quoted context omitted.

hey look, it's https://xkcd.com/993 in the real world!

One of the best parts of the movie Repo Man (1980s) was this exact thing: http://static1.squarespace.com/static/5583664de4b088692d5198... Also just an all around fantastic movie in general.

I must confess that I am old enough to remember that this was based on an actual brand, "Plain Wrap", which was the store brand of the long-defunct Alpha Beta supermarket chain: https://pbs.twimg.com/media/CU25MNEU8AAbnvx.jpg

They actually used to stock all the Plain Wrap items in a single aisle, and the effect was like a consumer sensory deprivation tank.

Re: Amazon will reportedly soon sell its own private-label groceries

#38

Post by dgacmu »

db1 wrote: post #8

I cannot foresee how this will play out in the long term for the end consumer. In the short term, consumers get a whole lot of convenience and lower prices. What happens after a large chunk of other stores have gone out of business? How would any new player even approach entering the market? It almost seems impossible unless Amazon systematically screws up and leaves a gap for someone to exploit.

Google Express is an interesting counter to this - the ease of online ordering while using the local stores as local inventory holders. It mostly works (though it doesn't do fresh groceries where I am). I comparison shop amazon vs. whatever's on express, and it's pretty common to find what I want more cheaply via a local vendor, particularly Costco.

I really, really hope this model makes it possible for local shops to coexist with Amazon for those of us weird enough to want to shop online. (I say that because it's worth remembering that nobody posting here is "normal" from the perspective of consumer online habits.) I can't imagine local places are going to out-compete Amazon when it comes to high $/lb or $/cm^3 items where the amortized cost of shipping is low, or cases where it's something with very slowly-moving inventory, but shipping gallon jugs of vinegar is going to have a very hard time competing against Costco.

(oblig. disclosure: Google's paying my salary this year but this comment has nothing to do with me hacking Tensorflow.)

Re: Amazon will reportedly soon sell its own private-label groceries

#39

Post by edwhitesell »

rdl wrote: post #19
santaclaus wrote: post #18

Earlier quoted context omitted.

I hope they use the fire branding on their breakfast cereal. Amazon Fire Flakes, Frosted Fire-Wheats, Honey Nut Fire-os.

Fire toilet paper would be bad.

Some feminine products may be worse.

Re: Amazon will reportedly soon sell its own private-label groceries

#40

Post by eplanit »

db1 wrote: post #8

I cannot foresee how this will play out in the long term for the end consumer. In the short term, consumers get a whole lot of convenience and lower prices. What happens after a large chunk of other stores have gone out of business? How would any new player even approach entering the market? It almost seems impossible unless Amazon systematically screws up and leaves a gap for someone to exploit.

Maybe traditional grocery stores could leverage their existing supply chain and adapt their brick+mortar retail facilities to become Last Mile service partners with Amazon.
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