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.
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).