2 ms·
I haven't read it all because it is long and I'm busy, but from skimming: Pinduoduo looks a bit like Massdrop. I think there is a place for curated group buys a
by weinzierl 7y ago
I haven't read it all because it is long and I'm busy, but from skimming: Pinduoduo looks a bit like Massdrop. I think there is a place for curated group buys and this is in my opinion a niche that can quite possibly thrive but I don't see it as an Amazon competitor.
This social group buy thing, of - let's be honest - mostly luxury goods is certainly fun. Amazon is not about fun but convenience and there is the problem, or should I say opportunity for a real Amazon contender.
What I want more than a social experience is ease, convenience and security. No thought about product fraud, no worries if the seller will actually deliver, no research work if they will send me a proper invoice including the right VAT, no double checking shipping costs, no restrictions in what I can buy without a subscription to this or that service, carefree and reliable shipping.
Half of this is what Amazon used to be and if a new company can get half of it right and manages to still be profitable then it has a real chance to usurp Amazon from its throne.