It would help if you went to the right stores first. Try Office Max, Staples, Office Depot, etc.
I’m surprised there’s so few mentions of AWS in this thread. It’s a huge profit centre for the company and a large portion of the internet is now running off of it. AWS is basically the internet’s landlord now, and the profits generated from being the most popular cloud service provider globally are probably why they can afford to invest so heavily into their logistics infrastructure and retail that people are more familiar with.
AWS generates more than 50% of Amazon's profit. Their retail side is peanuts, by comparison.
The retail side of their operations serves as basically a really big customer of AWS services.
The retail side is also just a huge ad for Amazon as a company. It's what everyday consumers know even if it doesn't provide a huge amount of profit. It creates name recognition.
I went to a conference this weekend, and it slowly dawned on me how every single one of the vendors was selling their app hosted on AWS. That's all it is. Just different flavors of AWS.
Even if you dont interact with AWS directly, every business needs business services - you can bet that no matter what you're buying or who you're buying it from, some of your money is going directly to AWS marketplace.
Not to mention a lot of eggs in one basket. They've built in a lot more redundancies now yeah, but all it takes is a hit to AWS and a shitload of the internet is just DOA. Yeah you can argue about protections and data centers or whatever, but still. It's one big nest in control of one company, no matter how well they guard it, it's still a risk, technical, ethical, or whatever.
You really think that in 2024 - a time when not even school children are expected to print out reports because everything is submitted digitally - the fact that photo printer paper not being ubiquitous reflects literally anything other than we've mostly moved past paper as a society?
I'm not saying reddit is better - it clearly is not - but ask yourselves why Lemmy is so absolutely shit at applying Occam's Razor to their own biases?
You were looking for office supplies: did you check an office supply store?
I put some of the blame on retailers as well. Retail stores just don't want to carry inventory anymore, especially tech-focused ones with many of those just turning into glorified showrooms. I don't know how many times I've heard some version of: "Sorry, we don't have that in stock but we can bring it in for you."
We needed a short length of garden hose here for the house so I went to two hardware stores and one garden centre looking for one. Nothing. Not even in their dedicated gardening sections. I had to order it off Amazon. A goddamn garden hose.
Amazon has done a lot of damage for sure but retail is suffering from several self-inflicted wounds too. Home Depot, for example, is a multi-billion dollar corporation and even they have a weaker retail presence now. That's not Amazon's fault.
Harbor Freight.
When you absolutely need something to work presicely once between the day you buy it and the day you’re late for jury duty.
They don’t want to carry inventory because Amazon doesn’t. The prices are higher because vendors are contractually obligated to sell on Amazon at their lowest price. So retailers, with a need to have a physical presence and having to buy at more or less the same price a product is available for on Amazon, get fucked. Their only hope is vendors who make a “different” product to sell at other outlets. An example of what I mean is, Poppi soda sells for $20/12 pack on Amazon. They sell a 15 pack at Costco for the same price. Because it’s a “different” product they are not in breach of contract.
Amazon is a place where you have to deal with fake items and getting fraudulent returns shipped to you as new. Your reward for this is maybe a 5% discount.
I am fortunate to live in a country where amazon is not strong and we have aggregated search engines that over all the small shops, compete against Amazon on selection and cost, often beating it. I hope it stays this way.
OP, I dislike Amazon and there are definitely plenty of things to accuse them of, but you're literally describing the opposite of a monopoly. Generally the problem with monopolies is that they don't need to compete on price so they'll over charge. You're saying Amazon is a monopoly because they're the cheapest option though. That doesn't follow.
Again, to be clear, I dislike them and believe they're worthy of criticism. I'm not trying to "defend Amazon" here.
You need to read The Amazon Anti-Trust Paradox by current FTC head Lina Khan. She argues that the consumer price oriented monopoly definition is old and outdated in the modern setting. Price is not a sufficient proxy for market competitiveness, and in fact, price is often used to kill competitiveness by undercutting new and innovative products.
I sound agree price isn’t always the best factor to determine a monopoly.
Walmart use to go into a town, sell everything cheap and drive everything else out of business.
It’s one of the many reason I hate Walmart.
Growing up we have a cool downtown area. It wasn’t big but had a bunch of small stores. They all closed within a year of Walmart.
Many monopolies form by first using a dominant market position to sell at a price no competitor can afford to match. Choice has already been removed before the "competition" folds or pulls out of the market. The consequences don't happen overnight; you feel the squeeze before the "true" monopoly emerges. Amazon isn't going to sell at a cheaper price once their competitors go out of business out of the kindness of their hearts.
Further, high consumer price is just one form monopoly power takes. Reduced labor power, wages, and worse working conditions are other important concerns, in addition to removing product variety and innovation incentive.
That's a fair point. Bring loss leader can be a stepping stone on the path to being a "real" monopoly.
"A monopoly is a market structure with a single seller or producer that assumes a dominant position in an industry or a sector. Monopolies are discouraged in free-market economies because they stifle competition, limit consumer substitutes, and thus, limit consumer choice." ~investopedia
Nothing about needing to jack prices up. I'd say Amazon fits the description perfectly
OP didn't say it, but Amazon also forces agreements with sellers not to list same items cheaper elsewhere online which is monopolistic.
I get the nuance you are communicating though.
I am no economist, but don't you think this behaviour of Amazon leads to "carrot and stick" and at that point it is basically a monopoly right?
It's not just the tech industry, it's most industries. They have tons of inventory of everything.
Here in Germany there are still plenty of independent online retailers and they're competitive with Amazon. I always try to avoid buying from Amazon and for tech products that's usually no problem.
Amazon has very good deals OR very bad ones. I find Microcenter often equal to or even better than Amazon in most tech stuff.
Your experience is exactly why you shouldn't make sweeping judgement on one data point.
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Photo paper isn't really tech. It's a supply.
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It's a low volume niche item.
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People that are buying it are less likely to care about cost (older) or want it right now. So Microcenter feels they can charge more. (IMO)
Not just tech, all over the product spectrum. They started by selling books.
A large problem is payment system and accounts. I hate going to a new shop and create a new account, a new password, bla bla bla. I hate it. And wiring with online banking is still a pain the ass, you have to enter some password into your shitty phone keyboard and then wait for an SMS... paypal and amazon payment make shopping convenient.
So part of the problem is banks who have been sleeping on the job for decades. At least here in Europe. You finally can wire money so it arrives immediately from your bank account at a shop! (without having to waste some tax on a payment provider either). But 2 factor authentication is still a pita. Where is my online bank with easy to use FIDO2?
There are now alternative popping up because amazon has become so enshittified (high prices for many smaller items and reviews etc). And of course I'm a fan of aliexpress but shipping from China is stupid too.
We definitely need to avoid a monopoly by a corporation like amazon.
Check Amazon’s Antitrust Paradox by Lina Khan (FTC). A very detailed review of how Amazon is a monopoly and how they dodge antitrust legislation.
That article has basically been validated over time. At the time it was written, the argument was that monopoly is bad for consumers even if it makes prices cheaper, and that consolidation of producer market power needs to be understood as consumer harm in itself, even if prices or services paradoxically become better for consumers.
It's no longer a paradox today, though. Amazon has raised prices and reduced the quality of service by a considerable margin, and uses its market power to prevent the competition from undercutting them, rather than competing fairly on the merits.
Amazon's pricing I not deterministic. You were likely tracked and information collected to know this was a key item for you. Amazon will market loss leaders to you in an attempt to get you to default to buying on Amazon.
As a former Buyer for a chain of retail stores, the loss leader is effective marketing. I sell you a popular item at or below my typical cost because statistically, a large percentage of customers are making a special trip to my store to buy that product and will make additional purchases at margin. On the wholesale Buying side, these are tools to get past bulk buying tier discounts for seasonal ordering with smaller scale retail.
Amazon is using a convoluted front end system of overlapping product categories and a supposed multi seller listings (despite collectivized logistics and warehousing) on the website you see. This is how they perform price fixing where you do not see honest or straight forward determinism. When you repurchase that same item later without making comparisons, the seller will shuffle so that a higher price is presented.
If you have a well isolated network where device history for social media and internet browsing is totally partitioned from e-commerce you'll likely see even more of the scam. If you see anyone online show the search results and pricing on Amazon, then try to replicate those search results and product price on a device that is totally partitioned from your viewing of the item/price elsewhere, you're likely to find it is not possible. If you then go back to the original device and do the same, you'll magically find the same product and lower price. It is a scam market. This is why they are collecting and paying for all that data about you. We are in an age when automated individual targeting and manipulation is possible and happening. This is why data mining stalkerware is insidious. Scam markets are only the tip of the iceberg and what can be uncovered if you go looking for it. Anyone that has done database or logistics management should have major red flags flying when looking at how Amazon's website is setup. The front end is absolutely untenable garbage for effective logistics. The only reason it is convoluted and search results are terrible is because it is a price fixing scam. The logistical efficiency proves that there is no connection between the front and back end of the site.
Microcenter price matches amazon, you could've bought it for the same price at microcenter. Also, you can try ebay, I've been buying more stuff from ebay and the experience is pretty good.
Remember that time like 10 years ago, when some local news station was doing a story about Amazon having all the best tech deals, and then the one co-host butts in and says "You know why they have a monopoly, right? RIGHT??? SHE KNOWS WHAT I'M TALKIN ABOUT!!!"
And everybody was giving blank looks, like "Uh....no? What ARE you talking about?"
And he's like "Because they sell all the sex toys, and deliver it right to your house! Ladies? Right???? IT'S CONVIENENT!!!"
And everybody just had their mouth open in shock like "WTF ARE YOU DOING???"
and then he goes on and on about dildos, as his cohost continually tries to move on, but he keeps talking about dildos. And she's looking like she wants to strangle him.
Amazon has a healthcare company now too...
...and they own twitch.
Wait til you find out about AWS and how half the internet runs on it.
I was thinking about this recently after a frustrating trip to a brick and mortar store that was missing the specific item I wanted to purchase which should have been easily available.
Has it always been this bad and we just accepted it until Amazon came around and carried most everything, or have stores significantly reduced the inventory they carry to the point where they have become practically useless except as a showroom? It extends to things I only want to purchase in store. Why do clothing and shoe stores never have my size in stock of the item I want? Clothing has become so poor in quality (even expensive stuff) and I'm hard enough to fit that unless it is an item I already have and need to replace I only want to buy stuff I can try on first.
As much as I'd like to avoid Amazon, the lack of inventory at other retailers really pushes me towards them. Why would I pay more for slow shipping from the East coast because the local store doesn't carry anything when Amazon delivers in 1-2 days for free?
I've also been really struggling recently when trying to buy items that are less than $15. Amazon often charges double what it should cost for the items, but at the same time, local stores don't carry what I'm looking for. I can find it for the right price online, but then the shipping cost makes it more expensive than Amazon.
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