Amazon discounts other sellers' products as retail competition stiffens

Gerald · 11-06-17, 01:10 AM

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The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the holiday season approaches. The retailer has been trying to compete aggressively on some items to win sales and draw customers away from low-priced rivals like Wal-Mart Stores Inc (WMT.N).

The move allows Amazon to sell the products at lower prices while still giving full price to the sellers.

“When Amazon provides a discount, customers get the products they want at a price they’ll love, and small businesses receive increased sales at their listed asking price,” an Amazon spokeswoman said in an emailed statement, noting that businesses can opt out at any time.

http://www.reuters.com/article/us-am...-idUSKBN1D512G

A Deal is A Deal.

Eichhörnchen · 11-06-17, 01:38 AM

That's a good deal for everyone

STEED · 11-06-17, 08:21 AM

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The move allows Amazon to sell the products at lower prices while still giving full price to the sellers.

Some one will have to pick up the tab.

August · 11-06-17, 08:40 AM

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Originally Posted by STEED

Some one will have to pick up the tab.

The consumer will once Amazon drives their competition out of business.

Jimbuna · 11-07-17, 12:51 PM

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Originally Posted by August

The consumer will once Amazon drives their competition out of business.

True that

STEED · 11-07-17, 02:51 PM

He who controls the market controls the price and the buyer knows that. No competition the consumer must pay what they charge.

August · 11-07-17, 08:12 PM

Quote:

Originally Posted by STEED

He who controls the market controls the price and the buyer knows that. No competition the consumer must pay what they charge.

I wonder at what point Amazon becomes a candidate for antitrust action?

Gerald · 11-07-17, 10:33 PM

I will buy a bunt of RAM memory from Amazon

Skybird · 11-08-17, 06:28 AM

Quote:

Originally Posted by Eichhörnchen

That's a good deal for everyone

Helping a business party to establish a monopole, is no good deal for anyone but the monopolist. Whom do you think they will turn against once they managed to wipe out their big company rivals? Right, small company rivals. After these - go figure. The amazon boss hasclearly described he wnats a future when people turn to Amazon for just any need they have and he wants them to buy all and everything from amazon. Without exception. It sounds almost a bit psychotic.

Its the reason why I have started to NOT buy certain product categories at Amazon anymore, that are outside their traditional envelope.

Its also the reason why I have not bought a Kindle, but a Tolino e-reader. Better conditions, comparable quality, no chaining to the Amazon store. I read last year Germany is the only country where the biggest market share for e-readers is not in Amazon's hands, but the Tolino consortium's. Good so! And you do not even have to sacrifice anything when chosing this over that.

Monopolism is the market's death.

11-06-17, 01:38 AM	#2
Eichhörnchen Starte das Auto Join Date: Aug 2014 Location: The Fens Posts: 17,384 Downloads: 5 Uploads: 0	That's a good deal for everyone __________________

11-07-17, 02:51 PM	#6
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	He who controls the market controls the price and the buyer knows that. No competition the consumer must pay what they charge. __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!

11-07-17, 10:33 PM	#8
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	I will buy a bunt of RAM memory from Amazon __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie