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Shopify goes after Amazon with new Walmart deal

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Re: Shopify goes after Amazon with new Walmart deal

#42
post #11

Dealing with third-party sellers is no fun. Newegg is probably the only major e-commerce website whose search feature can exclude third-party sellers.

Newegg commingles inventory just like Amazon, so it's not much better. I don't know if Walmart does, but I try to spend money wherever I don't have to deal with sellers, and directly at the manufacturers website if possible nowadays.

I just don't understand why Amazon (and apparently Newegg) continue to do this. It's clear by now that sellers have abused it "launder" counterfeits into online retail fulfillment systems. Just charge an extra fee to the third-party seller to keep their inventory separate, have them stick a unique inventory barcode on it, and be done with it!

Re: Shopify goes after Amazon with new Walmart deal

#43
post #31

Earlier quoted context omitted.

Very popular. It used to be a popular app called Arrive for automatically tracking packages by parsing tracking numbers from connected email accounts. Arrive was also the branding for shipping updates by check in Shopify Checkout on all Shopify based eCommerce sites. A few months ago Shopify: 1. Rebranded the app as "Shop" 2. Rebranded every Shopify site's checkout to "Shop Pay." 3. Began forcing users on Shopify bas…

Thanks. I just downloaded it without going through a previous Shopify checkout workflow and it asks you to add a 'store' with no prompting or list of 'popular stores'. Just a search box. It badly needs a prominent browse feature if it wants to take on Amazon. Or maybe I just missed something in my brief tour.

You might want to check out the Honey app, which actually lets you search for items across 100s of stores. Plus gives ‘gold’ bonuses on top of the coupon testing it does

Re: Shopify goes after Amazon with new Walmart deal

#44
(Disclaimer: I work in the e-commerce space.)

I have to say I'm concerned about Shopify's growing dominance in the e-commerce market. They're selling a 'David vs Goliath' story about taking on Amazon, while at the same time becoming a Goliath themselves.

They are gradually building what seems to be an unassailable lead: preferential card processing rates with Stripe, hard-to-match discounts on shipping with the major logistics companies, warehousing to help retailers fulfil products, an anti-competitive app only for Shopify retailers, an exclusive arrangement with Facebook for Facebook Shops, and now a partnership with Walmart.

They are rapidly becoming the next FAANG.

Re: Shopify goes after Amazon with new Walmart deal

#45
post #40

Earlier quoted context omitted.

I don't think Shopify really needs discovery or awareness among customers/buyers. Shopify's customers are merchants, businesses and manufacturers, each advertising their very own store and sales channels. For them it's hard not to consider Shopify as their ecommerce platform of choice. Meanwhile I'd argue that end customers couldn't care less about which ecommerce platform their store of choice is using. Therefore I…

I seek out places where I'm not going to have to reenter my payment information and/or roll the dice on a new customer-service UI. At the moment that means Amazon, Ebay or Etsy. If Shopify are offering some equivalent experience then I'm certainly interested.

They do: Shop Pay saves details across all Shopify stores https://help.shopify.com/en/manual/payments/accelerated-chec...

Re: Shopify goes after Amazon with new Walmart deal

#46
post #41

If well executed, Facebook Shops has the potential to crush both Shopify and Amazon. FB Marketplace already has 800 million monthly users, more than Amazon and eBay combined.

It’s really Instagram right? I want to say something like 95% of small shops selling under Shopify market under Instagram. It’s just that Facebook never took e-commerce seriously enough. If they spent _some_ capital in more useful endeavors oppose to Zuckerberg’s flavor of the year projects such as Libra, FB would be as big as AMZN. They have all the infrastructure already in place to pull it off.

Re: Shopify goes after Amazon with new Walmart deal

#47

Wow, Hacker News now used for stock pumping. nice. Now that the longs had their say, here is the short side. Shopify has an API. Someone wrote a plugin to allow a shop keeper to publish inventory into the Walmart API. When sellers sell on Walmart's platform, Shopify sees zero transactional revenue. That's the actual technical story. The linked "article" which actually included a quote from the COO includes a page of…

This. I simply don’t get the hype behind Shopify. They’re not making money even this year. That’s saying a lot about the business model which is why they are forced to show “fluff” top line growth through these deals. The problem Shopify solves in the e-commerce space is really trivial. If anything, the real gem of this decade is Stripe.

Re: Shopify goes after Amazon with new Walmart deal

#48
post #44

(Disclaimer: I work in the e-commerce space.) I have to say I'm concerned about Shopify's growing dominance in the e-commerce market. They're selling a 'David vs Goliath' story about taking on Amazon, while at the same time becoming a Goliath themselves. They are gradually building what seems to be an unassailable lead: preferential card processing rates with Stripe, hard-to-match discounts on shipping with the major…

Why is that a bad thing? The point of capitalism is that a company will grow if it can grow. We let Amazon do it why not this? Anyways it's better that Amazon has competition minimally, right?

Re: Shopify goes after Amazon with new Walmart deal

#49
post #44

(Disclaimer: I work in the e-commerce space.) I have to say I'm concerned about Shopify's growing dominance in the e-commerce market. They're selling a 'David vs Goliath' story about taking on Amazon, while at the same time becoming a Goliath themselves. They are gradually building what seems to be an unassailable lead: preferential card processing rates with Stripe, hard-to-match discounts on shipping with the major…

WooCommerce still powers more eCom sites than Shopify. Shopify is definitely growing, but this is a place where OSS is and will continue to be a quality alternative that owns a lot of the market.

Re: Shopify goes after Amazon with new Walmart deal

#50
post #11

Dealing with third-party sellers is no fun. Newegg is probably the only major e-commerce website whose search feature can exclude third-party sellers.

I just bought from Newegg for the first time in probably a decade and was surprised to see third-party sellers. I went there specifically because I remembered them being reputable, but came away with a different feeling entirely.

They got bought by some Chinese company/people a while ago. Quality, and mostly customer support, has gone down since then.
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