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Yes, but Walmart's online sales are very low, and their selection is as well. If you offer 10k products for fast delivery there's an important sense in which yo
by ikeboy 7y ago
Yes, but Walmart's online sales are very low, and their selection is as well. If you offer 10k products for fast delivery there's an important sense in which you're not a competitor to someone selling millions of products.
Regardless, including Walmart and all other sales shipped in two days, in my estimation, Amazon still had a majority of that market.
- scarface74 7y agoSo if Walmart with all of its resources, supply chain efficiency, and control over suppliers can’t compete against Amazon doesn’t that say more about Amazon’s ability to execute than them using “monopoly power”? If they win because they offer a better experience that means capitalism is winning.
- ikeboy 7y agoAmazon isn't selling products, really. It's selling last mile logistics. Walmart has historically been great at the rest of the logistics chain but never really invested in last mile. If nobody else can compete with Amazon, yes, Amazon executed better than anyone else. But they still have monopoly power. Typically a monopoly will have gotten to that position by executing better than everyone else, but that doesn't necessarily mean they should remain in the monopoly position unregulated.
- scarface74 7y agoAmazon has plenty of warehouses. Are you saying that if any company gets to be successful they should be broken up?
- ikeboy 7y agoNo, at no point in this conversation did I discuss what should be done in response to Amazon's monopoly power.