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2,678,047 Views ⢠Jul 21, 2021 ⢠Click to toggle off description
Especially in a time with severe global stock shortages, and a heightened sense of environmental awareness.
Well there are two big reasons.
The first is that what we call âprice discriminationâ is hard.
A mass retailer like Amazon would find it very difficult to charge one person one price for a good and another person a totally different price for that same good.
People would very quickly learn to wait for the lower prices and then amazon would end up having to sell it all off at that lower price potentially loosing money.
The second reason is that amazon is short of space.
It is throwing up new fulfillment centers as fast as it can manage but as any Amazon employee will tell you space is still at a PREMIUM.
If that shipping container full of robotic lawnmowers isnât selling, itâs just taking up precious real estate.
finally amazon does âtryâ to auction off this unsold stock, so feel free to go and bid on it if you want a small truckload of assorted auto goods.
#Shorts #Amazon
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Views : 2,678,047
Genre: Education
Date of upload: Jul 21, 2021 ^^
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RYD date created : 2022-02-19T20:19:49.051931Z
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YouTube Comments - 1,019 Comments
Top Comments of this video!! :3
They should package it as an âextra treatâ with each purchase so people buy more stuff
78 |
How about they just send it all to me, they won't even have to spend money on destroying it.
199 |
A store I went to buys crates of goods from Amazon and then sells every item for $10 per item on Mondays & Tuesdays, $5 on Wed & Thursdays, and $1.00 on Friday & Saturday. They are closed on Sunday.
Holy Cow! Even after everything is picked over on the first days of the week, even on the last day (prior to the store refilling their large bins) you can still find amazing items. Plus, itâs fun. A lot of the boxes are not labeled, but the employees at the back counter will open boxes for customers and reseal them. The rule is; customers are not allowed to open boxes, because pieces could go missing.
Iâm not sure if this store is an Amazon adjacent type of operation, as itâs located about 2-3 hours from the Amazon fulfillment center, or an independent store owner. Itâs a great model though.
Oh, and they even have a large furniture, home goods and outdoor goods section. As the days go on the prices get lowered.
101 |
Whenever you see "Why..." in a finance-related video, the answer is always greed.
2K |
Great example of artificial scarcity
368 |
Honestly if they made "surprise boxes" and put a lot of items in them and sell them at a set price, not only would they make money, but would free up space.
Have categories like
Beaty/hygiene
Electronics
Home goods
Kids
Etc
And boom, many will be made as for some reason we like surprise bags/boxes
42 |
My grandmother works at a charity cloths shop and amazon sends them so many brand new cloths in boxes because its cheaper to give them it than restock it its quite good got a good few pairs of shorts shirts and flipflops during the heat wave
24 |
Amazon should donate them*
Because they donât pay taxes they donât need the write off â- but to be honest they should there are schools, npo and other types of programs that the government funds. They really just need to have someone start an NPO to manage that unwanted productâŚ
255 |
One more thing. aren't MANY of those being sold by third party sellers, only Fullfilled by Amazon? And Amazon charges A LOT for its space, and those items (mostly returns of any reason) cannot be once again merged with rest of stock, so it takes EXTRA space and generates EXTRA cost to the sellers.
257 |
reminds me of when i worked at [redacted] clothing storeâ any clothes that were found or returned âdamagedâ were trashed. most of the time the things were perfectly wearable, only having a small stain or missing a sequin or button. no matter what, we were told to shred everything to a non-usable state and trash it instead of donating because it would âdevalue the store price of the clothesâ.
13 |
If Amazon was smart and needed to get rid of items. You package that free random item to every purchase over a certain limit. This will not only solve your space problem but it would incentivize consumers to buy more as they are getting something free.
622 |
âOh this isnât selling! We should lower the prices.â
Jeff âNoâ
âWhy!?â
âBecause, we canât allow them to know how much these are really worth.â
175 |
Then they say: "wE aRE EnVIronMEnt fRiENdLy"
Hypocrites.
20 |
If I knew where they were throwing away the goods I could scavenge it
26 |
Imagine destroying the Earth just to throw away the junk you destroyed it for in the first place.
240 |
when it makes more economic sense to just throw away a ton of shit while people are struggling to make ends meet, you know there is something fundamentally wrong with the core principals of the system.
91 |
Great insight.
You should remember however that greed has a part of it. Basically they can donate or at least dump the products in a usable state. But they prefer not to do so in order to keep the demand high. That's why they spend money on destroying the products rather than straightforward dumping it.
24 |
Same reason other retailers do it too.
Itâs cheaper to throw it away then to re-sell it.
1 |
The real reason is because the corporate model operates on large-scale processing and selling of goods when they have leftover product it means they have a smaller quantity than they started with in is actually more expensive to sell because their model is designed around massive output not minimum output.
Their infrastructure literally makes selling things in small amounts more expensive then selling billions of goods.
1 |
@FinalSentinel
2 years ago
Third reason: a lot of the goods at an Amazon warehouse arenât bought or owned by Amazon (fulfilled by Amazon). Oftentimes it isnât Amazon making the decision to dispose of goods, but the independent sellers themselves who are paying for the space.
2.8K |