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Right, but amazon isn't known for low prices nor is it a monopoly. This will allow them to lower prices and become known for the lowest prices while still prese
by pathseeker 7y ago
Right, but amazon isn't known for low prices nor is it a monopoly. This will allow them to lower prices and become known for the lowest prices while still preserving their margin (if that's the market they want to target).
- nerdponx 7y agoThey aren't known for low prices? They are known for having the same prices as everyone else, with free or cheaper shipping, meaning that effectively the price is lower. And no, I'm not implying that they are a monopoly.
- rootusrootus 7y agoThey have that reputation, but be watchful. Lots of things are more expensive at Amazon, now. What they're selling me is convenience more than anything else. I can often find lower prices elsewhere but it's more work.
- nerdponx 7y agoI'd argue that convenience is part of the price. I actually suspect that one big competitor to Amazon will not be another online store, but local stores providing free or cheap local delivery, and by extension services like Postmates.