Amazon plans to launch discount store in bid to fend off Temu and Shein
cnbc.com
cnbc.com
People buy from Temu and SHEIN knowing it's basically a lottery ticket on the stuff showing up and disputing the CC transaction if it doesn't. What's the old saying? Don't wrestle with a pig because the pig just likes it and you end up covered in pig shit. Same applies here.
It will be interesting to see how they deal with disputes.
trust is gone:
- trust in a brand
- trust in reviews
- trust in a store
this isn’t that bad. many things we buy don’t need high levels of trust. some items are cheap or low value enough that no one cares. if it doesn’t last long or is low quality
brand trust is gone for cheap products. why am i supposed to believe one brand is better than another when i can clearly see they are all the same with different names. these brands are sometimes random letters
review trust has been gone a long time. reviews mean nothing and i’m surprised when people use them
store trust is still extremely important. it’s very high on amazon because of their support and their returns. if you could buy something on amazon for the price you can get it on a discount store you would
this only really applies to cheap stuff. but i buy a lot of cheap stuff on aliexpress. i’d be happy to be on amazon instead. i wanted to buy a bike on amazon and saw many of them from no name brands for $200+. that’s when i stopped and would rather buy from a bike store directly
Also for expensive products. Profits are very important.
Amazon is jumping the shark. They were the go-to online retailer. I'm not sure why they are chasing this race to the bottom.