Quote:
Originally Posted by blankall
Lol. Yeah fair enough.
I suppose maybe competition is the answer? We could be seeing more competition with sites like Temu, but they all seem to be focused more on selling counterfeit and very low quality goods.
Perhaps there's now room in the market for an Amazon like site that doesn't allow counterfeit and/or low quality goods. I might actually pay little bit extra for a guarantee I'm getting something legit that won't instantly fall apart.
|
Amazon's power isn't that they're an online retailer. Amazon's power is their logistics network and the economies of scale they have in it it that others won't have. It's basically identical to how Walmart obliterated the competition for brick and mortar in certain categories 30-40 years ago.
Saying more competition is meaningless if people don't realize the method that Amazon is using to be the giant it is. Companies have to compete on delivery and reliability, not online offerings.
Amazon reduces costs and time by using semi-automated methods to address counterfeit, low quality and issues with orders. They'd rather do that and improve the return policy than go back to hiring people to manually address/investigate issues with millions of products/orders per hour.