How Amazon Wins: By Steamrolling Rivals and Partners
wsj.com
wsj.com
Amazon is undercutting the pay in the delivery driver supply chain. Amazon is anti union. Amazon sells face recognition to police departments and ICE which is used against the public. Amazon Alexa is used to spy on people. Couple with Ring
Amazon is evil. Pure evil.
Shelfari was launched on October 11, 2006.[5] In February 2007, Amazon invested $1 million in Shelfari,[6] and moved to acquire it a year later in August 2008
On March 28, 2013, Amazon announced its acquisition of Goodreads
Shelfari and GoodReads were competitors and that was good for the market
Amazon needs to be broken up. And litigated to hell and beyond. Amazon needs to be broken up or it will ruin.
And I say this as a look time "left liberal" engineer.
The customer is nothing to them. Their profits are what matters.
I have been shopping at my local best buy and I have had way better experience then I ever did.
Ditto for Lowe's, Target, Sweetwater, BH photo video, newegg, and actual store owners
This is possible, I think because:
1) Someone has done it, and there's a model to copy. 2) Investors know this - SoftBank etc. make bets at this scale 3) It actually won't take 'Amazon scale' to compete with Amazon. You don't need 500 fulfillment centres across the US. 4) UPS and FedEx are afraid and strategic partnerships there may help solve the last mile problem.
Shopify is well positioned to do this, and possibly working on something like this, but it will be a test of them because it may not be in their cultural DNA. 'Physicality' is really a hard thing for software companies to deal with, even the best ones.
Uber, for instance, also steamrolls rivals and partners but its failure as a company is largely due to the total lack of productivity gains in their business model (where they actually lost the gains available in traditional taxi companies).
They attack the Amazon basics brand. The Amazon brands do well because there is such trash out there that regulators do absolutely NOTHING to stop. For example, battery packs with totaly garbage capacities - no regulatory action is taken to shut these folks down.
"The FTC Act prohibits unfair or deceptive advertising in any medium. That is, advertising must tell the truth and not mislead consumers." - https://www.ftc.gov/tips-advice/business-center/guidance/adv...
Amazon notices a trust deficit, and then makes a set of batteries you can be somewhat more sure are accurately described. Now consumer has a choice. They can buy from maybe a trash brand and save a few bucks (and I'm sure folks do) or they can buy from Amazon.
Given folks don't actually trust regulators such as the FTC to actually, you know, do their job, they begin to trust amazon more and more.
Apple is going to benefit from this as well. It's not that there are not better tablets, but you have to trust it won't be a crapware filled thing, and after being disappointed a few times it's just not worth it.
Meanwhile, after not doing their jobs at ALL with respect scams online, these regulatory bodies ARE sure to come down on the brands users apparently trust as regulatory bodies tend to do when being shown up somehow.