3 ms·
Amazon has setup their business to compete against Walmart... that's the low-margin retail market. Low margin because they've both chosen low prices as their us
by rgbrenner 7y ago
Amazon has setup their business to compete against Walmart... that's the low-margin retail market. Low margin because they've both chosen low prices as their usp. Along with low margin comes all of the things we associate with both retailers: poor wages, poor working conditions, etc.
At no point was Costco a direct Walmart competitor.. when they were founded, their innovation was creating the first retail warehouse club.
Amazon and Walmart look so similar because they fully intend to compete with each other. Costco is just a different concept, and really an entirely different way to run a business than walmart and amazon. Considering both have exceeded Costco's revenues, it's very unlikely they would alter course to compete against the smaller Costco (although I also doubt they could make such a huge shift in strategy).
- dannyw 7y agoThere are places for both. For variety you go for Amazon or Walmart. For simplicity and confidence, Costco.
- pnutjam 7y agoSam's club offers a similar curated experience.
- rgbrenner 7y agook weird.. came back to this post.. and they separated from the post I replied to. To be clear, this is a reply to: https://news.ycombinator.com/item?id=20198779 https://news.ycombinator.com/item?id=20198779 I think if HN is going to separate my reply from its parent, they should explain why. This reply makes more sense with context.
- root_axis 7y agoIt's also possible you just made a mistake.
- rgbrenner 7y agono, it's not possible. I always re-read my post after clicking submit. It was a reply.
- loco5niner 7y agoI don't make mistakes ether.
- rgbrenner 7y agoDon’t be a troll .. that’s not what I said. I hit back in my browser and the post was a reply. I’ve been on this site for 7 years I know how to use a browser and reply to a comment.
- root_axis 7y ago> that’s not what I said Well, you actually did say that. Your exact words were "no, it's not possible", so it's kind of strange for you to claim that's not what you said. > I’ve been on this site for 7 years I know how to use a browser and reply to a comment. People who have been using browsers for a long time can still make mistakes, it doesn't mean they don't know how to use the browser, it just means that they're a human.
- loco5niner 7y ago