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If I were a retailer, I’d be extremely leery of the largest e-tailer asking me to process my payments. My customers know what they are buying from me. And would
by voicedYoda 8y ago
If I were a retailer, I’d be extremely leery of the largest e-tailer asking me to process my payments. My customers know what they are buying from me. And would the payment processor. And if the payment processor can subvert my shop for their online store, then why would my client come back to me? I know customer service, humaning, and all sorts of other anecdotes are supposed to help, but in the end, folks just want the best quality for the cheapest price. Barring that, if a vendor offers a cheaper replacement that can be delivered to the client’s door, why would they come back to my shop?
And this doesn’t even mention the itemized list of all stock that I might be selling that this larger retailer now knows about me….
- dazc 8y agoAgree with the sentiment but, purely from personal experience, I really don't like submitting my details for every retailer I might buy stuff from. Not so much from a security pov but all the hoops I have to jump through like creating a username and password that's actually accepted first time, and so on. I've gotten to the stage now where I won't buy from another retailer where I have to create another account, if at all possible. As consequence my online purchase history (aside from grocery shopping) for the past 3 years is almost exclusively amazon. If I were a retailer I would be looking to make the buying process as slick and seamless as possible and, alas, amazon can provide me with a solution.
- matte_black 8y agoSame reason anyone goes to a shop these days: They want the item now. People aren’t going to magically discover Amazon now if they process payments. Most retail shoppers are well aware they can buy the same items online for cheaper or at least the same price. What retailers should really fear is a world where people no longer buy things impulsively or at the exact moment of need.