3 ms·
Amazon !== AWS, I think what's being referred to is smaller retailers, not other FAANGs. My brother's store is slowly folding, largely due specifically to Amaz
by gedy 3y ago
Amazon !== AWS, I think what's being referred to is smaller retailers, not other FAANGs.
My brother's store is slowly folding, largely due specifically to Amazon selling cheaper than he can purchase wholesale.
- Geisterde 3y agoIm sorry for your brother, that sucks. Ill grant this, amazon being a large and well connected company allows them to secure exclusive and vast financing that provides their ability to engage in otherwise unprofitable (anticompetitive) strategies that shouldnt otherwise be possible. Unfortunately that battle is with our banking system, and until its won you will continue to see the proliferation of companies engaging in this behavior. That said, amazon will eventually be the dinosaur that walmart has become, and its very obvious from a ground level prespective that we dont have the right foundation for the infinite scale we seem to desire; too many "leadership principles", too much reworking of company policy, too much switching us from database to database.
- fallingknife 3y agoSo Amazon is a more efficient business model. Why should I drive to your brother's store when I can just order it right to my door on Amazon? They have done nothing wrong here.
- gedy 3y agoI guess, though if "more efficient business model" means giant corporation can buy and sell in such huge quantities that smaller competitors can't even buy products for same, let alone add small margin for rent and employees, that seems unhealthy. There's no efficiencies they can even attempt at that point. (Let alone the Amazon shoppers who waste their time demoing and trying products in store, then act like they've caught some scammer if it's a few dollars more than online.)