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I think so. Also, we are smaller, yet relatively wealthy. Companies tend to like to overcharge us, and then rather ironically, so do our own companies. Retaile
by chris_wot 9y ago
I think so. Also, we are smaller, yet relatively wealthy. Companies tend to like to overcharge us, and then rather ironically, so do our own companies.
Retailers have been trying to cut rates for weekend work. Now they are worried about cheaper alternatives. There is less and less sympathy for them in Australia. They have been lazy for a long time, and it shows. They have been ripe for disruption for so long, and now Amazon has a chance to walk in and take it all from them.
So far, Amazon have sort of stuffed it. If they were more like Costco, they would almost certainly immediately take away a huge chunk of market share. They have decided not to compete on price, that's a huge mistake.
- criddell 9y ago> So far, Amazon have sort of stuffed it I would guess Amazon knows exactly what they are doing. The worst thing in the world for them to do would be to go in hyper-aggressively. A slow, bumbling start with very long term (but fluid) plans is the best strategy and Amazon is lucky that they can afford a long, slow start.
- ianhowson 9y agoYeah, like H&M, there's no reason for them to enter the AU market with US pricing. They might as well come in with pricing similar to other AU retailers and hope that the other benefits (convenience, fast shipping, better shopping experience) are compelling for consumers.