Go Back  DVD Talk Forum > Shopping Discussions > Store Forum
Reload this Page >

Amazon.com aims to be the low cost retailer?

Store Forum Share Your Shopping Experiences at Stores both Online and Off.

Amazon.com aims to be the low cost retailer?

Old 01-26-02, 10:57 AM
  #1  
Senior Member
Thread Starter
 
Join Date: Apr 2000
Location: San Diego, CA
Posts: 743
Likes: 0
Received 0 Likes on 0 Posts
Amazon.com aims to be the low cost retailer?

This is an interesting article....

http://dailynews.yahoo.com/h/nyt/200..._encore_1.html


Bezos says that they want to to take any profits they earn and use them to make prices lower, with the intention of one day being the price leader. Seems like a strange decision. They may be able to pull that off with books, but for stuff like DVDs, CDs and electronics that is going to be really difficult.

Mind you I'm happy Amazon is lowering prices, when I do shop online its only through Amazon. But I think the reason Amazon gets most of its business is because the people that shop there don't mind paying a little extra for excellent, timely, shipping and great customer service.

just seems like a really weird decision.
Old 01-26-02, 11:43 PM
  #2  
DVD Talk Hero
 
D.Pham5GLTE (>60GB)'s Avatar
 
Join Date: Jul 2001
Location: Stick out your tongue!
Posts: 39,610
Received 33 Likes on 32 Posts
They do have top notch CS, but I'm kinda upset that they didn't ship my order from the 19th yet. It said that the item was in stock, so I just assumed that it would ship in 1-2 days. Also, I haven't received any e-mail from them regarding the delay
Old 01-27-02, 12:21 PM
  #3  
DVD Talk Hall of Fame
 
Join Date: Jan 2001
Location: Portland
Posts: 8,324
Likes: 0
Received 1 Like on 1 Post
I wouldn't hold my breath waiting for them to take all those profits and lower prices. It took them almost 7 years to actually make a profit, and considering they were floating on loans for those 7 years, there's an awful lot of debt to pay back.

Bezos can basically say anything he wants about what they plan on doing with their profit, as it will be a long time coming before they actually pay off venture capitalists, loans, and make good on partnerships and have a profit to deal with.
Old 01-27-02, 12:47 PM
  #4  
DVD Talk Hall of Fame
 
Join Date: Dec 1999
Location: Formerly known as (ahem) "LASERMOVIES"/California
Posts: 9,464
Likes: 0
Received 1 Like on 1 Post
Originally posted by dpham00
They do have top notch CS, but I'm kinda upset that they didn't ship my order from the 19th yet. It said that the item was in stock, so I just assumed that it would ship in 1-2 days. Also, I haven't received any e-mail from them regarding the delay
You better call them if your order hasn't shipped instead of relying on email. Amazon has had problems in not shipping orders when the items were in stock. It happened to me with a couple of orders in December. It took several calls to finally get them shipped. Also they upgraded my shipping to 2nd day air at no charge for the delays.
Old 01-27-02, 02:07 PM
  #5  
DVD Talk Hero
 
D.Pham5GLTE (>60GB)'s Avatar
 
Join Date: Jul 2001
Location: Stick out your tongue!
Posts: 39,610
Received 33 Likes on 32 Posts
Originally posted by LASERMOVIES


You better call them if your order hasn't shipped instead of relying on email. Amazon has had problems in not shipping orders when the items were in stock. It happened to me with a couple of orders in December. It took several calls to finally get them shipped. Also they upgraded my shipping to 2nd day air at no charge for the delays.
Well, I just called them, and they said that they don't have the item in the warehouse right now That's kind of strange because it said that the item was in stock when I ordered it. Oh well. Guess I'll just call them up in a few days to see if anything has changed. It seems kind of strange that they didn't contact me yet about it. I have to rescind my comment earlier about their top notch CS. I mean, it should show on the website that their is a problem with the order (at least it should say that the item is back ordered).
Old 01-28-02, 12:36 AM
  #6  
DVD Talk Special Edition
 
Join Date: Jun 2001
Posts: 1,358
Likes: 0
Received 0 Likes on 0 Posts
Originally posted by renaldow
I wouldn't hold my breath waiting for them to take all those profits and lower prices. It took them almost 7 years to actually make a profit, and considering they were floating on loans for those 7 years, there's an awful lot of debt to pay back.

Bezos can basically say anything he wants about what they plan on doing with their profit, as it will be a long time coming before they actually pay off venture capitalists, loans, and make good on partnerships and have a profit to deal with.
Bezos is the ultimate spinmeister. Amazon has lost three billion dollars so far, so they have a way to go.
Old 01-28-02, 12:07 PM
  #7  
DVD Talk Hall of Fame
 
Join Date: Jan 2001
Location: Portland
Posts: 8,324
Likes: 0
Received 1 Like on 1 Post
Originally posted by nekobus
Bezos is the ultimate spinmeister. Amazon has lost three billion dollars so far, so they have a way to go.
Exactly! Like I said, don't hold your breath...

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.