09-26-2018, 09:57 PM | #1 | |||
Grand Sorcerer
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Amazon 4-Star: Books, ereaders, and a whole lot more
From CNET:
https://www.cnet.com/news/amazon-unv...amazon-4-star/ For those that think AmazonBooks is too small, a different B&M format: Quote:
From Business Insider: https://www.businessinsider.com/amaz...-4-star-2018-9 Quote:
https://blog.aboutamazon.com/shopping/amazon-4-star Quote:
A preemptive strike? More at the sources. Last edited by fjtorres; 09-26-2018 at 09:59 PM. |
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09-27-2018, 08:14 PM | #2 | |
Wizard
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Edit: All these store concepts makes you wonder. If they all work out individually, maybe the goal is not individual stores. How about a Amazon Mall. Add in a Amazon Hotel and Amazon Theme Park, and you got the Amazon Whole Family Shopping Spree Vacation Center. Don't laugh, it could work ... Last edited by DuckieTigger; 09-27-2018 at 08:30 PM. |
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09-27-2018, 09:18 PM | #3 | |
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With their data hoard they could launch a thousand stores, each with a different format tailored to the specific zip code. |
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09-28-2018, 09:04 AM | #4 | |
Readaholic
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Apache |
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09-28-2018, 11:45 AM | #5 | |
monkey on the fringe
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09-28-2018, 12:41 PM | #6 | |
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Cnet follow-up:
https://www.cnet.com/news/a-visit-to...-in-manhattan/ Quote:
https://www.cnet.com/pictures/amazon...-store-in-nyc/ Looks somewhat like a cross between Indigo and peak Sharper Image. Definitely a gift shop more than a dept store. Maybe it'll boost pbook gifting for the holidays. More at the source. |
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09-28-2018, 07:33 PM | #7 |
eReader Wrangler
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09-28-2018, 08:13 PM | #8 |
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09-29-2018, 09:45 AM | #9 | |
Wizard
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I am not sure how a suitable B&M department Amazon store would have to look like that gives a better experience than a Walmart does. What I find lacking at Walmart is no detailed specs and a limited variety of alternatives. Maybe the 4-Star is close depending on how closely and good it ties in with the online version. I want to be able to easily scan an item, have it pop up and give me all information including all products it competes against. |
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09-29-2018, 11:44 AM | #10 | |
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So if (when?) they did/do a dept store their, ahem, target would more likely be Nordstroms or Macy's. And for that they would want to perfect their fashion adviser and virtual dressing room tech first. Which may be anywhere from months to years away. The store itself I suspect would be heavy on full size screens and light on stock. If I recall correctly, they do have a patent for a laser-driven "tailoring on demand" system so they have been thinking in that science fiction-y direction. Unlike many of their competitors, those folks understand and embrace the fact that it's the 21st century out there. More future shock incoming. Last edited by fjtorres; 09-29-2018 at 11:47 AM. |
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09-29-2018, 02:40 PM | #11 |
Wizard
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@fjtorres: only targeting "high end" customers is not going to work long term. The first and last article you linked mentions only 10% of retail being carried out online, almost half of that by Amazon. There is a big potential for Amazon to expand when they currently only hold about 5% of total retail. Not going up as direct competition to Walmart is short sighted. I am not saying that Amazon needs to duplicate Walmart, but they do need to make a grab at the very same customers that go to Walmart.
The future will be a hybrid store that has a seamless integration of physical store and online. |
09-29-2018, 03:49 PM | #12 | |
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Online isn't going to be just 10% forever so over-investing in B&M because it is 90% today isn't a good long term strategy. Maximizing presence isn't the only strategy to success. Remember that the so-called retail apocalypse isn't about online as much as it is about over-expansion. Most of the roadkill died because they had more outlets than the market will bear. Amazon's B&M footprint will probably end up closer to Apple's than Walmart or Radio Shack's. Also, don't forget there is more to Amazon than retail. There are more profitable businesses to invest in than retail. I was only half joking about Tesla. Home automation is one area Amazon is targeting that can deliver much bigger profits than retail. For all we know those stores are meant to be self-sustaining showrooms for future product lines, with books and gifts just traffic generators. Like I said, they're tricky and their moves aren't always what they appear to be. Think of the Echo introduction and what it turned out to be: a trojan horse to backdoor into home automation. And home automation might be a backdoor for home robotics. Last edited by fjtorres; 09-29-2018 at 03:51 PM. |
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09-29-2018, 05:11 PM | #13 | |
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Last edited by rcentros; 09-29-2018 at 05:16 PM. |
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09-30-2018, 07:38 AM | #14 | |
Wizard
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I live in Ohio, so this applies directly to me: Payday lenders reaping what they have sowed. From what I have perceived, anecdotally and from personal experience, is that traditional payday lending was doomed. Not proud about it, but I was trapped myself. Once the 2008 bill passed into effectiveness I stiffed every single one of the open loans I had and made them bounce into an account that was by then overdrawn. It is possible that that was done maliciously and on purpose by me, but not sure now, it has been a while. Best financial decision ever for me. |
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09-30-2018, 10:32 AM | #15 | |
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A lot of people like the shopping experience. While Amazon's niche is online ordering, I can see them being quite successful with a B&M store, with stores like Whole Food, they can leverage a lot of expertise, assuming the bean counters don't mess up the shopping experience by trying to squeeze the pennies. I went by Whole Food last weekend to pick up some food for the family cookout. Nice experience and the guy running the cash register pointed out that since I was a prime member, I could save some money. People joke about calling Whole Food, Whole Paycheck, but Whole Food gets the customer experience idea. They have people who act like they want to be there. That's why the parking lot is usually crowded and the stores are packed. I don't see them successfully competing using the Walmart or Dollar Store model. Last edited by pwalker8; 09-30-2018 at 10:38 AM. |
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