Another Great Idea to Rival Amazon? or Will It Fail?



Good article, but third-party sellers won't gravitate towards an Amazon alternative if there isn't a strong member base, and there won't be a strong member base without third-party sellers. That taken into account, he's basically starting up Costco.com.
 
Bald white dude vs bald white dude?

This should get ugly quick.

OR -

Very, very homoerotic.

I hope for the latter.

God.
 
Human said:
Good article, but third-party sellers won't gravitate towards an Amazon alternative if there isn't a strong member base, and there won't be a strong member base without third-party sellers. That taken into account, he's basically starting up Costco.com.
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That is why I think the idea is going to take off eventually. Costco online is the most perfect analogy.

Can he grow the membership base to a substantial number? That will be the ultimate test for the new start-up.
 
I signed up for Jet.com - it's pretty cool. Amazon already tries to get you to ship everything together if you don't have Prime (I don't).
 
It is hard to say.

If he can allow people to list whatever they want to sell, unlike amazon, and also avoid bending over for trademark holders, unlike ebay with vero, then I think he will do really well.

Ebay treats garage sale/flea market type sellers like shit these days, I kind of seems like they pissed in their own breadbasket and are now trying to turn themselves into some strange bastardized version of amazon. I feel like there is a big potential market there for a company with an advertising budget big enough to get people trying it out.

Otherwise, he might do ok, he might not, he seems to be targeting people trying to save money, so he will have to develop a killer supply chain to pull it off or most people will find it pointless due to shipping charges.
 
qqbot said:
It is hard to say.

If he can allow people to list whatever they want to sell, unlike amazon, and also avoid bending over for trademark holders, unlike ebay with vero, then I think he will do really well.

Ebay treats garage sale/flea market type sellers like shit these days, I kind of seems like they pissed in their own breadbasket and are now trying to turn themselves into some strange bastardized version of amazon. I feel like there is a big potential market there for a company with an advertising budget big enough to get people trying it out.

Otherwise, he might do ok, he might not, he seems to be targeting people trying to save money, so he will have to develop a killer supply chain to pull it off or most people will find it pointless due to shipping charges.
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This might be what you call GRoupon with better software and setup. From what I gathered just reading the article and the sites info, monetization will come from membership fees initially.

The trick and potential for the new startup is the ability of local stores to compete with Amazon due to no shipping or less shipping charges.

Membership fees will not be enough to sustain the site. Guess what, they intend to sell a few high volume products in the beginning.
 
my prediction is it will fail.

with the example they give for baseball equipt (200 retail, 160 amazon, and 153 jet) not sure if $49 member fee will be something anyone wants to pay for that kind of savings (especially bargain hunters).. and even without the member fee I'm not sure the small savings will be enough for people to try/trust a new company.

also it's free shipping only "IF" there is a local supplier willing to offer free shipping?

also the big G bags will probably put jet on page 101 for search results when looking up terms like "buy baseball glove"

I don't think they can compete with the product selection of amazon, not to mention ebay,gshopping,costco,target,kmart,walmart,and CL

besides there is already a costco.com/walmart.com etc,, which nobody uses because it's cheaper and funner to go to the actual store.

I think the 80 mil would be better spent building brick and mortar locations next to walmarts except put a kids playground and beer garden inside, then watch the exodus of white trash flood in like a swarm of termites.

I'm going to put my money that jet ends up being nothing more than a 80mil email harvester that is forever "coming soon".
 
i think it might do well as its own category but i doubt it will even scratch amazon's costumer base

the search engine rankings, the wealth of user submitted reviews, the world class customer service and the quenching of impulse buyers/instant gratification seekers is going to keep them ahead
 
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