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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: jach who wrote (37486)	1/28/1999 9:05:00 PM
From: Randy Ellingson	Respond to of 164684

Very wrong as Web retailing is totally different. When everywhere is a mouse click away, with every web store offering the same, profits will be hard to come by for a verie verie long time. That's what they will be saying pretty soon. IMO. jach- I don't believe this is the case for most of the items people are purchasing over the web. I believe that scenario B below is much more common, and in fact dominant: A. Most web shoppers care a great deal about price, and will seek out the lowest price for most products they are buying. All they have to do is check a few stores, or visit a shopping bot. B. Most web shoppers, while conscious of the price they are paying, will narrow their selected e-vendors to which offers them reliable service, a trustworthy web site and reputation, and good selection. I think B is winning out. Otherwise, why does Amazon still have 64% of sales to repeat customers? We'll have to watch this data, but I don't expect to see shopping bots do much harm to Amazon.com. Where I do think e-shoppers will almost always shop around is on higher-priced items. If someone is buying a printer, they will almost certainly price shop. Randy