A Lot Of Places Are Losing My Business

Alex Svenson

dowjr1

Alex, First let me say that I am a financial advisor so the following is what I do for a living. Your opinions are clearly shared by MANY in the country. Just compare the performance of Amazon (AMZN) with Best Buy (BBY) over virtually time frame. Over the last year 87% gain for Amazon vs 7% loss for Best Buy. Proof is in the pudding. In this case, people want the best price they can get and Amazon has great return policies etc. So people are not seeing additional value in buying from Best Buy.

j0z3r

Spot on post Alex. It's comical to see the reaction when the shoe is on the other foot, what they did to the Mom & Pop stores, Amazon is doing to them. I don't have anything against the idea of a superstore that offers a wide selection and low prices, but when the "service" part goes out of "customer service", well that's about where I draw my line in the sand. I haven't set foot in a best buy since being jerked around when I bought my TV...a $2000 TV and the department manager acted as though he was doing me a favor by selling it to me...then I dealt with it, now I'd have some choice words and would have walked out of there. It's bullshit, plain and simple.

Alex Svenson

dowjr1:

Alex, First let me say that I am a financial advisor so the following is what I do for a living. Your opinions are clearly shared by MANY in the country. Just compare the performance of Amazon (AMZN) with Best Buy (BBY) over virtually time frame. Over the last year 87% gain for Amazon vs 7% loss for Best Buy. Proof is in the pudding. In this case, people want the best price they can get and Amazon has great return policies etc. So people are not seeing additional value in buying from Best Buy.

Exactly. Lets say amazon starts collecting sales tax. My prediction.... amazon growth 90%, best buy -15%. I would love to see them all just standing around scratching their heads as if the sales were just supposed to roll in like magic.

Diamondog

I just paid $67.99 more for the exact cooler that can be had at Walmart.com for $80 and our dollar is stronger than the US right now lol...

Lasabar

Joeyjoe21_8

Alex Svenson:

dowjr1:

Alex, First let me say that I am a financial advisor so the following is what I do for a living. Your opinions are clearly shared by MANY in the country. Just compare the performance of Amazon (AMZN) with Best Buy (BBY) over virtually time frame. Over the last year 87% gain for Amazon vs 7% loss for Best Buy. Proof is in the pudding. In this case, people want the best price they can get and Amazon has great return policies etc. So people are not seeing additional value in buying from Best Buy.

Exactly. Lets say amazon starts collecting sales tax. My prediction.... amazon growth 90%, best buy -15%. I would love to see them all just standing around scratching their heads as if the sales were just supposed to roll in like magic.

Same boat as you Alex.....Im tired of places like wal mart, target, best buy....instea I try actual vendors like amazon, ebay (figured i might as wel give my money to someone else who may need it), and mom and pop stores. Im tired of seeing people join wal mart when they treat customers bad, stores are disgustingly dirty filled with riff raff of people, and they treat their employees like crap.....so why does a country support them? not a clue except cheap crap that just breaks one month later.....Also, I find myself buying everything at Sears like my grandfather has done forever...quality products...great customer service, excellent credit card rates(i havent paid a single percent in 4 years), and my product actually last.......i love that place.

Knoxca1

Now a days it seems the standard business practice for large companies is to avoid adapting to the changing market place at all costs and prevent proven business models from florushing.  Bring everyone to the bottom instead of competing with them at the top.  It's an easy sell to the state since most are broke anyway.  I haven't had a bad experience with on line retailer yet.  I have been using Amazon for a long time now, living overseas it was my only way to buy US region movies, and have probably shifted my purchasing habits to 70% online vs 30% store bought.   

stephen_hannibal

kuzi16

beatnic

amz1301

Russ55

I've stopped shopping at those places in the past few years. I don't think I've been into a Walmart in over a decade. I'm not current enough on my immunizations to go in there anyway. I also hate how stores like this try to offer everything; food, toys, automotive stuff, etc. It's like one big store that you can get everything at. And it's all crap. Crap products for the lowest possible price because so many people are too cheap to spend money on quality products. No thanks.

xmacro

Russ55

xmacro:

Russ55:

I've stopped shopping at those places in the past few years. I don't think I've been into a Walmart in over a decade. I'm not current enough on my immunizations to go in there anyway. I also hate how stores like this try to offer everything; food, toys, automotive stuff, etc. It's like one big store that you can get everything at. And it's all crap. Crap products for the lowest possible price because so many people are too cheap to spend money on quality products. No thanks.

WalMart may be a lot of things, but crap products ain't one of them; they sell everything from Vizio's to Sony's and sell upstream and downstream - just depends on your local WalMart. Some WM's in the ghetto only sell crap because the customers can't afford anything else; WM's in high-class area's deck out their stores in upstream stuff.

I would be surprised if that stuff made up a high volume of their total sales. Who knows, maybe it does. I don't really follow that kind of thing. I'm also not going to argue about matters of opinion, but when I hear the word "Walmart", I think crap. I know not every single product they carry may be a piece of crap, but I'm comfortable enough with the generalization based on the numerous other things I dislike about them; cleanliness, CS, the way they treat their employees, what they've done to mom and pop stores, etc. If you associate quality with their name then great.

rwheelwright

I buy most of my DVDs from Amazon. I used to buy a lot of my electronics from PC Richard since I have some contacts there and they would match Amazon but PC Richard fucked me with something that I think that they should have taken care of for a good customer but they refused so they lost my business. Too bad for them since I have 2 more TVs to buy, a washer, dryer, dish washer, etc...

Krieg

xmacro

beatnic

Xmacro. No disrespect here. But listing the positive things that Walmart might do for the employees, community, the handicapped, etc, does not affect mass public response. . Walmart has good products, they hire good people, and from what I read, they treat them fairly. They also charge my wife's stolen credit card $700 for someone for a big screen TV without showing ID. I live in the N.O. area. Enough said! NEVER!

Russ55

The3Stogies

rwheelwright

I had to do some research on Walmart for a class. I don't remembet all of it but I do remember that they used a lot of chinese labor for their products and they were forcing the price of the products to do go down by forcing the cost of labor down. I would rather pay a little more at this point if it meant having our jobs moved back to the U.S. and away from other countries.

phobicsquirrel

rossdavey2

Redtailhawkoz

wwestern

Still no idea why corporations are being bashed here when it's the government raping and pilaging. If you don't like a certain store don't spend your money there. If you don't like what the government is selling try to use that logic and we'll see you in a few years. PS don't tell us how you're going to get cigars in there.

JCizzle

rwheelwright:

I had to do some research on Walmart for a class. I don't remembet all of it but I do remember that they used a lot of chinese labor for their products and they were forcing the price of the products to do go down by forcing the cost of labor down. I would rather pay a little more at this point if it meant having our jobs moved back to the U.S. and away from other countries.

Just about every company that sells a product does this. If someone wanted to start a competitive company and kept it's labor in the U.S. just for the sake of doing it, he would go out of business.

Diamondog

wwestern

Diamondog

wwestern