Is Amazon Worth It?
With shipping but before tax: - On Amazon, it's $31.45 - Better World, a social benefit bookseller, it's $44 - Bookshop.org, which links readers to independent bookshops it's $38.45 - Barnes and Noble, $34.95 - Even gave Walmart a go: $31.45, the only company to match Amazon - although FakeSpot suggested a WalMart seller for $30.45.
Until FakeSpot's suggestion, I was going to go with Barnes and Noble, reasoning that at least it's a brick and mortar bookstore. Not exhaustive, but an interesting cross section. Given this list, at which price point "is Amazon worth it" for you? Why?
To put other ways: How much above Amazon are you willing to pay to shop at a local or independent seller?
How does one calculate that from an economic perspective, and is it growing, or shrinking?
What I do prioritize is immediacy and support. If a retailer has something in stock I'll often go get it there to not wait 2 days and to be able to get a replacement quickly if something is wrong. Similarly, when looking for a bigger ticket item I prefer in person retail because I can (sonetimes literally) kick the tires and in some cases I can have a support relationship with the store. If I showroom an item at the store I will try to buy it from them, although I absolutely will ask them to price match the internet.
You asked "how do you calculate that from an economic perspective." I look at how much I'd had to pay at the brick and mortar store or the alternative, subtract out how much the cost is at Amazon, add back an estimate of the opportunity cost to go to the physical store/shop an alternative site, and then decide if the number is worth what I'd willing give for the shopping / support/ satisfaction of knowing I didn't support Amazon.
It does seem like a weird game that Amazon has ultimately acquired this service for discovering competitors, then left it operating.
Though you were actually talking about quantifying the value of choosing alternatives to Amazon, I thought it was worth pointing out how to find some other alternatives.
I want it regulated so it does not abuse it's position, and I want the government making sure that it follows laboral laws so its employees can live with dignity. That people can stop buying is not a reason to allow Amazon to abuse its position.
> How does one calculate that from an economic perspective, and is it growing, or shrinking?
Many people cannot afford to take the time and effort to do that kind of calculation. So, growing or shrinking, it only affects a small percentage of all Amazon potential customers.
And this whole "pissing in bottles" thing is more an indictment of Americas lack of public toilets and abandonment of the public realm in general. Most civilized countries have infrastructure to meet basal human needs.
Anti unionization, abusing providers and streaming their business, allowing fake products, allowing fake reviews,... I am sure that is the press is not entirely accurate. There seems to be more than what usually is discussed.
I prefer Best Buy to Amazon when I can. I use my Best Buy credit card preferentially to my Amazon card. Best Buy's prices for movies are often better than Amazon's prices. However, Amazon Marketplace has more obscure movies. For instance I am into Chinese movies and TV shows like Three Kingdoms, Dream of the Red Chamber and Wolf Warrior 2 and Best Buy just doesn't have these. Sometimes Amazon does, but I end up going to bootleggers from Singapore and other strange places to get my fix.
Sometimes I feel like Best Buy wants to fit me in a little box. I wanted an NFC reader for my PC. Best Buy chooses not to carry such things. I am looking for a VR headset to support software development, Best Buy chooses only to carry Facebook products. (Nope, I deleted my Facebook account and I'm not making a new one for that.)
Most interestingly, Amazon Marketplace lets you evade shortages by paying a higher price right now. For instance, Epson EcoTank Pro and EcoTank Photo printers are sold out at Dell, B&H photo, Adorama and such. You can pay a premium and get one today on Amazon.
I'm not suggesting it's better or worse, just another option.
I despise Amazon, but for most things it would have to be cheaper than Amazon for me to really care. I don't have the time to run elaborate price comparisons or hunt down the best deal on 100ct toothpicks, I buy things on Amazon because it's easy. On top of that, their returns policy is almost universally better than any mom-and-pop store I've dealt with, so unfortunately I reach for the Bezos Box every time I need something.
Their customer-service and almost no-question-asked return policy is day-and-night compared to other local (big and small) retailers.
And for that alone I keep playing for Prime and even slightly more expensive things on amazon.