A list of Amazon’s businesses and subsidiaries
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India has introduced an interesting law that prohibits this practice – a retailer can either be a marketplace with no products of their own, or they can sell their products and not others. They can't be both, as it's seen as creating bad incentives for companies.
I think India may be taking it too far, and I think there are many business that provide value to consumers, but which depend on being able to blend together products at different margins. However I suspect we will see legal battles and/or legislation in Europe soon, as we have with cases like Google allegedly ranking Google services above competing services in Google results (a case with many parallels).
Disclaimer, I work for a "marketplace" that sells its own products alongside those from partners.
I ask these not to do a "gotcha", but because this is the first I'm hearing of this and it's fascinating and I'd like to know more.
For example, a smartphone that sells at $400 at offline stores would be available for $350 on Amazon/Flipkart. The cost price of device would be $350 for offline stores. You can also use No Cost financing to purchase the product for monthly payment of $58.33 for 6 months (Totaling $350). Amazon/Flipkart would absorb the interest cost. The losses are obvious as neither Amazon India Inc. (opened 2013) nor Flipkart (opened 2007 and the biggest Indian marketplace bought by Walmart in 2018 for $16 Billion) have made a cent of profit in India. Both Flipkart and Amazon had losses around $500 million for FY17-18, a number expected to go up post Walmart's purchase of Flipkart. Also, Amazon Prime is India is available for $15 a year and includes Amazon Prime Video, Amazon Prime Music and 1 Day Free Standard Shipping with no minimum order. In a country where data is basically free (30GB 4G Data with unlimited calls/messages per month for $2), this also adds to pushing people towards Amazon.
On a seperate note, a similar thing is taking place in Indian food delivery market where food delivery companies like Zomato, Swiggy or Ubereats are offering steep continuous discounts of 40-60% forcing delivery restaurants to jump into their ecosystem. The Restaurant association has also approached government with their complaints.
For Example, a Sub that sells for $4 would be delivered for $2 including delivery cost. The delivery companies absorbing rest of the costs.
For Food delivery, the Restaurant Association is discussing the matter with Govt. Agencies. This article would be able to explain laws better : http://www.mondaq.com/india/x/808174/Antitrust+Competition/C...
Compare that to Zappos - more difficult to find.
I will add, it gets really annoying having to use different sign ins. I collect old rare cookbooks. So sometimes I'm on the italian, french and other euro stores. You'd think amazon would just link it to the regular store and have the listed abebooks under the used merchants. That's not always the case. For login, same goes with the other amazon euro stores.
I’m also not sure what the point of the article is.
[0] https://www.mcsweeneys.net/columns/lists
[1] https://aiweirdness.com/post/160776374467/new-paint-colors-i...
I found this search helpful in verifying which brand names were created directly by Amazon and which (like Goodreads) were acquired companies: https://trademarks.justia.com/owners/amazon-technologies-inc...
Costco has 1 store brand, Kirkland, that they are open about and in fact push it as a equal/better brand.
Amazon on the other hand has the Amazon Basics as an economy brand but also have these numerous hidden brands.
Costco also uses the same strategy to comeup with products. I used to see GT Kombucha and now costco has their own line of Kombucha as well. This is similar to Amazon where you observe the products at someones cost and make it inhouse if its viable. Another fact with Costco the costs being low is the businesses that sell at costco can only have as much as 20% of their total revenue from Costco -- which is like paying only for the variable cost as the rest 80% of revenue would absorb that fixed costs in supply chain. This is a huge bonus.
The biggest problem that’s causing income disparity is that people are consuming things rather than owning things.
Interesting (and entirely unsurprising, really) that the “personal assistant” was (probably) named after a data gathering/analytics company.
For some reason it was institutional focus only, and getting a family license was quite expensive.
too bad all that high quality edu content is gone now :(
https://fair.org/home/washington-post-ran-16-negative-storie...