3 ms·
Competing against amazon with an animated Giraffe and a 3x markup was never going to work. If anything I'm surprised they made it this long. That is not to say
by oceanghost 9y ago
Competing against amazon with an animated Giraffe and a 3x markup was never going to work. If anything I'm surprised they made it this long.
That is not to say that Bain, TPG, etc aren't objectively evil.
- jcater 9y agoYou're overstating the markup, and they've price matched (including Amazon) for a while.
- antris 9y ago"The guarantees typically require shoppers to provide proof of a lower advertised price on an identical item in stock at a nearby competitor’s store before a price match will be approved. However, many big-box retailers work directly with manufacturers and sell products with unique model numbers. As a result, the retailer can deny a price-match request, as no other store carries an "identical" item. Other common reasons for denial: the competitor is not "local," the ad lists a percent discount rather than a specific price, or the customer doesn't offer acceptable proof of the competitor's price.[9] Even if all criteria are met, retailers grant price-matching requests on a case-by-case basis at the discretion of store employees." https://en.wikipedia.org/wiki/Price-based_selling#Price-matching_guarantees https://en.wikipedia.org/wiki/Price-based_selling#Price-matc...
- oceanghost 9y agoWhere on the spectrum are you? :-) I was overstating the problem for comedic effect.
- Spooky23 9y agoDo you buy toys? Amazon is almost always the most expensive retailer.