Walmart to buy jet.com?

[David Smith]

Anybody buying WMT calls?

[yuneeq]

I have absolutely zero idea what you are saying and where your coming from.

+1

[chevron]

I have absolutely zero idea what you are saying and where your coming from.

1) Amazon doesnt need to make money on a per order basis, contrary to a brick and mortar store, the aim is that buyers should buy a lot.. buyers are drawn in with sales, ever so eloquently put by John Steinbeck's Winter of Discontent

Amazon's early goal was to get your CC info and just get you in a buying habitat. They have succeeded... mostly, people will pay more for something on amazon because its easier... Why do you think bed bath has 20% off coupons ? the avg person brings 1 coupon maybe 1 in 25 brings a few coupons etc

Amazon's model of the have everything store, a very active and huge community of reviewers, their openly displaying selling ranks etc all are shopping tools and ultimately shopping guides as well.

Walmart was a pioneer of stock solutions and technology, they were the first adapters of satellite technology, using warehouse hubs and a fleet of trucks to accurately stock stores thus ensuring balanced stock.

2) I cant see how buying Jet will really help walmart, I for one dont go in to their stores, whty does an online presence make them more attractive unless they will use their stores as fulfillment centers a bit like how Mcdonalds has the best real estate in the world

In theory Walmart could clash with Amazon over sheer network distribution of products, maybe add a fleet of trucks or negotiate with USPS?

3) Amazon prime is not about video or the cost... or if its worth the different features and services. Most people do not weigh the value of their costco membership because they like costco for whatever reason, the membership often by the way helps buyers feel like they are contributing, like a co-op..

Amazon has you sold on their many features and functions that most do not question the net worth of their prime subscription, they merely pay it and enjoy the services it offers.

4) early on in the online marketplace days, I saw buyers wanted a KISS method of easy shopping and checkout..  I was living in Israel and hadnt used Amazon, yet I realized early on what they were doing with aggregated data in a multi tier cross referencing and relevancy system that culled user data and was able to mine  preferences and suggest products to buyers both in a cross sell and up sell model but also in a mind reader salesman type way.

That was something Amazon pioneered, maybe they didnt invent it but they put it to use and it didnt just help their sales volume per order but also actually caused buyers to find what they wanted and buy... i'd imagine Amazon had some of the lowest abandoned cart numbers

5) I wrote my post probably between beer #5 and #6.. now im on coffee #1

[chevron]

Both Amazon prime and netflix are lacking in suggesting and discovery of movies and tv shows... maybe because half my family uses my netflix account but I most of the time find myself frustrated at the movie searching process.

I had hoped Amazon could use their data tools in getting this right but they are terrible.. nor do I understand why they show IMDB ratings yet you cant click to IMDB? or that they do not implement IMDB reviews or relevancy data when they own IMDB ?

I cant say Amazon has either succeeded where the traditional bookstore flourished,  they have introduced me to many titles by relevancy factor but given a marketplace its size, they should be using a google like search algorithm and help you search, seek out, recommend, suggest etc all types of books and I suppose movies

"I want a light reading book thats fuynny, maybe something like Ilya ilf "the little golden calf"

By default, Netflix is better with their personal reviews and star system allowing them to recommend stuff to you based on prior reviews etc.. yet i'd love to see Amazon do this with books, like you read a book, love it, rate it 5 stars in your backend preferences, add it to favorites and select "Suggest other books like this"

In addition, the real data points lacking in marketplaces, is that they do not seek to group together people for data pooling and sharing.

I had sought to do this with wine but Raccah and I never got around to it and cellar tracker and vivino eventually upped their game.

[12HRS]

In theory Walmart could clash with Amazon over sheer network distribution of products, maybe add a fleet of trucks or negotiate with USPS?

Amazon just received the first of 20 planes they will be using to help with their distribution network

[chevron]

Amazon just received the first of 20 planes they will be using to help with their distribution network

WALMART has 5000 stores

[HowYaDoin]

http://www.cnbc.com/2016/08/08/this-pennsylvania-guy-probably-made-a-killing-on-the-wal-mart-jetcom-deal.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=103853423&yptr=yahoo

Maybe I shoulda worked harder on those referralls??

[yuneeq]

Didn't think about this earlier but Jet will likely start collecting tax in all 50 states once the deal goes through.

[jj1000]

Didn't think about this earlier but Jet will likely start collecting tax in all 50 states once the deal goes through.

Not necessarily. Probably depends how they structure the corporations. If Jet remains it's own entity I would think they don't have to.

[Emkay]

The big bloggers are probably killing themselves that they snubbed the referral thing.

[Moshe123]

The big bloggers are probably killing themselves that they snubbed the referral thing.

They thought that if they ignore it, it will go away.

[jj1000]

The big bloggers are probably killing themselves that they snubbed the referral thing.

Just like every person is killing themselves for not buying google, microsoft, apple stock when they launched...

[Moshe123]

Just like every person is killing themselves for not buying google, microsoft, apple stock when they launched...

I think that this is worse. Many people wanted to believe that will fail. Clouded glasses.

[Emkay]

Just like every person is killing themselves for not buying google, microsoft, apple stock when they launched...

Not the same but your obviously the wrong person to argue with about this.

[jj1000]

I think that this is worse. Many people wanted to believe that will fail. Clouded glasses.

Why does that makes it worse if true. I'm sure many people thought Apple would fail as well.

Not the same but your obviously the wrong person to argue with about this.

Or I'm obviously the right person to find out from. Not sure what the argument is.

[Moshe123]

Why does that makes it worse if true. I'm sure many people thought Apple would fail as well. 

Apple started a new line that didn't exist. Jet had an experienced CEO creating a competition to an existing thing.

[Dan]

Lol, do you guys think getting 8,000+ referrals is as simple as throwing up a post begging for signups?
That would net a few hundred at most unless there were major incentives offered to signup.

[David Smith]

There's been discussion of the perceived aversion to posting jet deals on DDMS. No need to rehash that.

[chevron]

Lol, do you guys think getting 8,000+ referrals is as simple as throwing up a post begging for signups?
That would net a few hundred at most unless there were major incentives offered to signup.

And ? cost him 18k... you could have raffled off DO's etc and got 10k+ sign ups while burning points

[Dan]

Yes, I could have invested 18K to incentivize signups just like anyone here could have. Frankly I'm shocked they even allowed incentivized signups to count, did anyone save the terms?

But based on past experience from posting on DDMS and groveling for signups I'd be lucky to crack 500 signups, so this is all a moot point.