Irma Has Obliterated Entire Islands |
Meanwhile, Amazon.com is taking heat for increasing prices on basic supplies ahead of the hurricane’s landfall in Florida. The fact they jumped the cost of water has drawn the most ire. Kate Taylor of Business Insider reports, customers took to Twitter to share screenshots of water from various brands — for example, Aquafina and NestlĂ© — priced roughly between $20 and $25 per case. Usually, the same cases of water sell for between $4 and $8, this means that the screenshots demonstrate Amazon is gouging customers for about 500 to 625 percent.
Amazon is a self-promoting hype machine that is far from transparent and while politicians fall over themselves to be in its shadow it is not our friend. Because of its massive advertising budget and other ties to Amazon, we find the media often seems to be in bed with Amazon and fall all over themselves to portray the company as both the flavor of the day and the future of commerce. This means you seldom hear anything bad about the retail behemoth turning the articles put before us into nothing more than free advertising. These so-called "news articles" are often spun to place Amazon in the most flattering light, however, for more about this under reported story about price gouging see below.
News about Amazon Hurricane Gouging
bing.com/newsAmazon is removing excessively priced bottled water from its marketplace after being accused of price gouging, as thousands of Americans prepare for the deadly Hurricane Irma to make landfall …Amazon is under fire for reportedly inflating prices as Floridians prepare for Hurricane Irma. With local grocery stores selling out of basics such as water and other …As Hurricane Irma barrels down on Florida, residents are complaining that some Amazon sellers are jacking up the price of emergency supplies prior to the disaster. …Amazon faces complaints of price gouging ahead of Irma ...
Amazon is under fire for reported Hurricane Irma price ...
Amazon Is Accused Of Serious Price Gouging As Hurricane ...
Amazon Shoppers Complain of Price-Gouging During Hurricane ...
Amazon under fire for reported hurricane price gouging
Amazon accused of price gouging those in the destruction ...
Amazon Accused Of Gouging Hurricane Victims - Speed Wealthy
Amazon Accused Of Gouging Hurricane Victims - YouTube
I used to hate Walmart. They were the Amazon of their generation. However, while I still dislike Walmart and generally avoid it, I have realized in the past year or two, that Amazon is far worse. They are much more of a parasite, and a much worse employer than Walmart could ever be. I also think that people are starting to wake up to that fact. Also, a lot of lost local tax revenue, and a lot of business going out of business because of Amazon.
ReplyDeleteAmazon has built an impressive distribution system, but for a company with such large revenues, their profits have been non-existent for the majority of their life. Only recently have they been making profit, and if you look at the numbers, a large part of their small profit is Amazon Web Services.
Amazon used to be a pretty good place to sell goods for small business, and make a reasonable living. But they've really stacked the market against the small guy selling on Amazon. Very high commissions, think 15% and above. Very draconian return policy demerits, where one or two defective items being returned can result in your sellers account being suspended, even if you have hundreds of items sold with no issues. Even a hint of negative feedback from a customer, often that is erroneous, can result in account suspensions. They're trying to push out the small business on Amazon, and cater to the large businesses, and really push to the Shipping by Amazon, where you have them store your product, and they package and ship it for you. The problem with that is, that they co-mingle your items with everyone else's. While your item might be defect free, they often ship your item for someone's else sale, and their item for yours, which can and does result in defective items that are returned, which aren't your fault, yet Amazon blames you.
Contrast that to Ebay, who isn't perfect, but has significantly lower fees, much better return demerit policy, and it's rare to have your account suspended except for the most serious issues.