Posted: 12/25/2015 2:04:31 PM EDT
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Anyone tried both?
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Jet.com is a company created by venture capitalist designed to steal market share from Amazon. I believe once they get the market share they are looking for they will sell the company. Until then they are burning through money left and right trying to capture that market share. Initially their profits were going to come from membership fees but they weren't signing up people fast enough and scrapped the fees. Now their profit has to come from the actual item sales, which increased the price of their items. Some items can be found at a discount still but it wasn't like it used to be when they first started. Their packaging is terrible, their boxes are weak, flimsy, and purple. Their current model is unsustainable, so prices will increase even more. They do provide 2 day shipping through FedEx. If you find a deal on their site by all means buy it while you can. One example of why their current model is unsustainable, why they are hemorrhaging money, and why prices will change. You can buy an order of 40lb bags of cat litter with free 2 day shipping for around $7 each. Free shipping varies, sometimes orders over $35 but sometimes they wave it for any order. I'm sure they get a discount from FedEx but no way are they shipping a 40lb bag of anything, 2 day delivery for under $7. Meaning they are losing money the item. The item only exists to steal market share. Then they ship the 40lb in a large box with air cushions. The box is so flimsy it bends and crumples under the weight of 40 pounds. it makes Amazon's packing and box look like a high end product. |
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I signed up for jet when it was offering free enrollment for early adopters for a certain amount of time. I believe it was six months or so.
Now I thought it was free for everyone all the time. I found a better deal on a few items than I could get from Amazon once or twice too. The competition should benefit the consumer if the consumer is smart enough to know when they're actually benefiting. |
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I seem to remember reading an article on them right after launch. I seem to recall the article stating that their business model to start out was to not have inventory, they take orders on their site, then buy the items from other websites and have it delivered to the customer, I also seem to recall they were running into trouble because their model depended on out pricing Amazon, and they quickly found out that Amazon can often sell stuff cheaper than competitors can buy the products. They way it was working was customers ordered a product slightly cheaper than they could from Amazon, Jet would buy the product from Sears or Walmart at a higher price than Amazon, and they planned to make up the difference in volume or some other late nineties dot cam sounding nonsense. |
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Quoted:
I seem to remember reading an article on them right after launch. I seem to recall the article stating that their business model to start out was to not have inventory, they take orders on their site, then buy the items from other websites and have it delivered to the customer, I also seem to recall they were running into trouble because their model depended on out pricing Amazon, and they quickly found out that Amazon can often sell stuff cheaper than competitors can buy the products. They way it was working was customers ordered a product slightly cheaper than they could from Amazon, Jet would buy the product from Sears or Walmart at a higher price than Amazon, and they planned to make up the difference in volume or some other late nineties dot cam sounding nonsense. But but but it worked in theory!! |
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Quoted: A site that specializes in cave furnishings and accessories. You should check it out. Quoted: Quoted: I live in a cave. What is jet.com? A site that specializes in cave furnishings and accessories. You should check it out. I bought a ash vacuum from them last month. Cheapest place I could find it and it was drop shipped from a company called Orgill, which provides wholesale distribution and retail services for the home improvement industry. |