Tag: Rafi Mohammed

People will shop at Amazon whether they have the best prices or not | Mashable

People will shop at Amazon whether they have the best prices or not | Mashable

As millions of American families look to get a jumpstart on back-to-school shopping, many of them will turn to Amazon. The company’s use of steep discounting and price-matching to gain market dominance has led many shoppers to almost reflexively expect to pay less for their notebooks and calculators on the site. Sales prices in blaring […]

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

According to a recent report, a vendor who sells direct through Amazon has stepped forward to accuse the ecommerce giant of misleading business practices. Specifically, they said that Amazon jacked up the suggested retail price of their product on Prime Day 2017 to make it seem like the discount consumers were getting was far better […]

Amazon Faces a Potential Existential Threat That Could Hammer Its Shares, Doug Kass Reveals | TheStreet

Amazon Faces a Potential Existential Threat That Could Hammer Its Shares, Doug Kass Reveals | TheStreet

As mentioned late yesterday, despite the enormous success of “Prime Day,” the continued expansion of product offerings and an all-time record stock price, Amazon.com Inc.  (AMZN) is likely to face its greatest existential threat from regulatory agencies and legislators in Washington, D.C., over the next year: “I am shorting Amazon today because I have learned […]

Is Amazon Getting Too Big? | The Daily Caller

Is Amazon Getting Too Big? | The Daily Caller

Fresh off the heels of Amazon’s most lucrative Prime Day to date, investors and politicians alike are beginning to raise concerns over the enormous and burgeoning size of the consumer tech giant. In one specific case, hedge fund manager Douglas Kass believes that future government intervention is inevitable, MarketWatch reports. Kass wrote this week that […]

How Retailers Should Think About Online Versus In-Store Pricing | Harvard Business Review

How Retailers Should Think About Online Versus In-Store Pricing | Harvard Business Review

Should brick-and-mortar retailers set different prices in-store and online? If Amazon (or another web retailer) is not significantly stealing business away, it doesn’t make sense to slash online prices. Best to accept the minimal customer loss, maintain current prices, and be thankful. However, if a web retailer is successfully poaching a sizable number of customers, it’s time to […]

Amazon launches Prime Video with 9 original titles from India | Business Standard News

Amazon launches Prime Video with 9 original titles from India | Business Standard News

With this pricing, it is among the cheapest of OTT services in India, along with Zee’s Ditto TV. American peer and global competitor Netflix, which launched in January this year, offers three tiers of membership for Rs 500, 650 and 800 a month. Indian entities Eros Now (Rs 49 and Rs 99 a month) and […]

Amazon slammed for ‘misleading’ pricing by watchdog as it bans listing from its website | The Sun

Amazon slammed for ‘misleading’ pricing by watchdog as it bans listing from its website | The Sun

AMAZON has been slammed by the advertising watchdog for “misleading” savings claims for a product being sold on its website. A listing for self-adhesive enamel dots, which were sold by a third party seller through Amazon’s Marketplace, compared the current price to a recommended retail price – indicating the saving a shopper could make if […]

How to Stay in Premium Hotels Without Blowing Your Expense Account | Harvard Business Review

How to Stay in Premium Hotels Without Blowing Your Expense Account | Harvard Business Review

Package pricing. It’s commonly believed within the hotel industry that business travelers will pay more than leisure vacationers. (Usually, this is true.) To create discounts for leisure travelers, many hotels provide significant price breaks  (25% – 50%) if their property is booked as part of a vacation package (air-hotel or air-hotel-car rental). Packages are offered […]

What Amazon Risks by Eliminating List Prices | Harvard Business Review

What Amazon Risks by Eliminating List Prices | Harvard Business Review

Welcome to Amazon’s bold new pricing initiative, which I’m calling the “In Jeff We Trust” strategy. The New York Times recently reported that Amazon is scaling back in mentioning list prices for products it sells. When a list price is not noted, Amazon simply provides the price it is charging. Even on Prime Day, Amazon resisted noting […]

Amazon Prime Day will earn customer trust over low price | Business Insider

Amazon Prime Day will earn customer trust over low price | Business Insider

That’s a huge chunk of sales Amazon’s competitors aren’t getting. But there’s something worse they need to worry about losing: customer trust. According to Boomerang Commerce CEO Guru Hariharan, Prime Day is a “big trust driver” for Amazon because it establishes itself as the low price leader while showing off its dynamic pricing technology, something traditional […]