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> they are are consumer friendly at the expense of their vendors. Isn't this a winning formula because the consumer is the one spending the money? Imagine an o
by AlexandrB 2y ago
> they are are consumer friendly at the expense of their vendors.
Isn't this a winning formula because the consumer is the one spending the money? Imagine an opposite approach that was vendor-friendly at the expense of the consumer. I don't think most people would willingly use that.
Back before Amazon, WalMart did the same thing[1] by squeezing their vendors to lower prices and passing (some of) the savings onto shoppers.
[1] https://popularresistance.org/walmart-creates-a-race-to-the-bottom-throughout-the-supplyline/ https://popularresistance.org/walmart-creates-a-race-to-the-...
- hattmall 2y agoThey aren't mutually exclusive. They used to be merchant friendly.