It's not simply that products are priced poorly, but it is also that they seem to be priced just at the threshold where the purchase remains sufficiently convenient not to shop locally or elsewhere online.
Because of their predatory practices it seems online prices are roughly identical for Western branded products at all online retailers. For Chinese brands, it's long been cheaper to use AliExpress but shipping isn't as fast and returns aren't as convenient.
But that's perception. I blocked Amazon and continued shopping as usual. The volume of my purchases is now through local retailers, and I'm buying roughly the same amount of stuff but I'm spending a great deal less.
I really should just cancel my prime now.
The EU are currently running an investigation into how this affects market dynamics, which will be interesting to see
When Amazon's policies unfairly push up prices across the Internet, it deprives us from competition pushing prices down, and having a better idea of what online overheads are.
Competing in which market? Amazon is a conglomerate operating in e-commerce, retail, cloud computing, online advertising, digital streaming, entertainment, and artificial intelligence.
We aren’t comparing capitalism to that.
We are comparing a deeply broken antitrust regulatory environment that is ending capitalism, or ant least the free market competitive style of capitalism you are romanticizing, and replacing it with leveragism or legal cartels or whatever you want to call it.
Amazon is a failure of underregulated capitalism because it’s not possible for anyone to compete with them.
Amazon should have been required to split off AWS from Amazon years ago, and I’d say there’s a very good argument to be made that their fulfillment business constitutes a national monopoly. FedEx and UPS don’t actually provide the services that FBA does, which makes Amazon a monopoly.
What do you meany nobody can compete with Amazon? It happens all the time across the various markets they're in: e-commerce, retail, cloud computing, online advertising, digital streaming, entertainment, and artificial intelligence.
Amazon has been dropping the ball pretty regularly on shipping recently.
I don't even live in the US or shop on Amazon anymore but I still have a Prime subscription just in case something good is on Prime Video (this doesn't happen often...)
Actually I just remembered there were several things recently that I could not find locally and so I used international shipping from Amazon.com which turned out to be way cheaper than you would expect I think mostly due to the Prime subscription
Speak for yourself. Their delivery service is awful and I'd choose UPS 100% of the time instead if they gave me the choice.
It was Amazon's increasingly slow and unreliable deliveries that caused me to cancel Prime earlier this year, and I'm strongly motivated to shop elsewhere now because I know that the package will be delivered by someone other than Amazon's own service.
Unlike the US I believe in practice it's all but guaranteed next day too
Sadly it's only limited items, but you can also filter for just items that they have in their EU warehouse.
I recently bought some stuff (Ps2 controller etc) and it was still cheaper including shipping and duty then to order it in EU. Package was checked by customs.
AliExpress has a fairly integrated shipping pipeline but the problem with smaller retailers is that you can pay VAT at check-out through IOSS, but the shipping company doesn't accept the paperwork and you have to pay VAT (and all other duties/fees) again to the shipping company. Happens a lot with packages from non-Chinese Asia (Japan, Thailand, Malaysia).
weird-eye-issue•1h ago
amelius•50m ago
elmer2•49m ago
GrinningFool•44m ago
Grombobulous•41m ago
You don’t buy things from Amazon because they’re the best store with the best prices, you buy them because they’re the only store that has their own massive scale delivery service that delivers more packages than FedEx or UPS (not combined, but Amazon still delivers more packages than either).
It’s not possible for another store to compete with that. There is no competition. Starting a competitor to Amazon would be more difficult and capital intensive than starting a new car or rocket company.
There is no other store that can get me the most obscure and random stuff in less than 24 hours. Walmart can’t do it, Costco can’t do it, Target can’t do it, Dollar General can’t do it.
andsoitis•35m ago
Thats an edge case isn’t it?
Your example actually is in support of capitalism, because I can guarantee you that under some centralized government system this would not happen!
actionfromafar•29m ago
Amazon itself is not going to be shy about changing the rules in its favor.
andsoitis•28m ago
I have no idea what this means.
Grombobulous•22m ago
jurgenburgen•28m ago
I think you’re confusing a system of private ownership of capital (capitalism) with free markets.
Geezus_42•12m ago
sdevonoes•11m ago
cm2012•28m ago