How Kirkland Signature Powers Costco's Success

Re:How Kirkland Signature Powers Costco's Success by adontz on Sunday March 24, 2019 @04:09AM (#19475086)

I had a conversation with Amazon manager two days ago, exactly about AmazonBasics and how unfair it is to competitor vendors.

And his answers was "Our vision is that lower price is good for customer".

To be honest, I don't buy it.

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Re:How Kirkland Signature Powers Costco's Success by mcny on Sunday March 24, 2019 @08:28AM (#19475941)

Perceived lower prices is good for Amazon.com.

If customers think amazon.com has great value, they will buy more at amazon.com without thinking which allows them to sell their marketplace to vendors because if you're selling something you want to be where the buyers are.

If Amazon.com can convert those merchants to use Amazon.com ware houses and prime shipping, it can help create a self-sustaining ecosystem (sorry I hate this word as well but I can't think of a better one).

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Re:How Kirkland Signature Powers Costco's Success by hopler on Sunday March 24, 2019 @01:09PM (#19477427)

I lost faith in Amazon when I heard a presentation about building an automated price matching (increasing) system to "prevent leaving money on the table" by charging lower prices than competitors when Amazon already had the top search result.

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Re:How Kirkland Signature Powers Costco's Success by adontz on Sunday March 24, 2019 @04:50PM (#19478688)

>> Perceived lower prices is good for Amazon.com.

Exactly. For Amazon.

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