Philip Goetz
Well-known member
This month, August 2016, I heard a story on the NPR show ON POINT - American Retail Continues Online Migration. I have a link to the story below. I wasn't sure why Walmart bought the start up Jet.com for a lot of money. The show doesn't know either and seeks to find out. In passing one of the people in this hour long program says that Jet can serve up a bundled discount. This means that the price of the items in your basket is based on the total basket contents, not a total of the individually priced items. Interesting if you are buying, say, a TV, mount, sound bar, speakers, the algorithm can look at internal costing and such to calibrate their profit margin. This, if this alone, seemed like a good reason to me for Walmart to buy them.
I finally went to Jet and looked up a camera. Instant savings aren't marked, but just in checking, as of this writing in this one example, they are applied correctly. I looked at the Canon EOS Rebel T6i 0591C005 24.2 Megapixel Digital SLR Camera with Lens, 18-135 mm, for example. "Starting price" as of this writing is correct, it is the price minus current instant savings. The price is commonly known as minimum advertised price (MAP). What is the final price and what are the additional discounts available?
If you opt out of free returns on this item, you pay less.
If you pay by debit card, you pay less.
If you opt out of free returns on this item and pay by debit card, you pay less.
If you purchase more than one unit, you pay less
I understand opting out of returns. That makes sense and the discount is the confidence the buyer knows what they are shopping for and are getting. Returns are expensive. It you opt out of returns and pay with a debit card on two Canon EOS Rebel T6i cameras you end up saving about $50 per camera.
I wonder if jet will go away now and all this functionality will show up on walmart's site.
http://www.npr.org/player/embed/490097704/490097714
August 20, 2016 screen shot:
I finally went to Jet and looked up a camera. Instant savings aren't marked, but just in checking, as of this writing in this one example, they are applied correctly. I looked at the Canon EOS Rebel T6i 0591C005 24.2 Megapixel Digital SLR Camera with Lens, 18-135 mm, for example. "Starting price" as of this writing is correct, it is the price minus current instant savings. The price is commonly known as minimum advertised price (MAP). What is the final price and what are the additional discounts available?
If you opt out of free returns on this item, you pay less.
If you pay by debit card, you pay less.
If you opt out of free returns on this item and pay by debit card, you pay less.
If you purchase more than one unit, you pay less
I understand opting out of returns. That makes sense and the discount is the confidence the buyer knows what they are shopping for and are getting. Returns are expensive. It you opt out of returns and pay with a debit card on two Canon EOS Rebel T6i cameras you end up saving about $50 per camera.
I wonder if jet will go away now and all this functionality will show up on walmart's site.
http://www.npr.org/player/embed/490097704/490097714
August 20, 2016 screen shot:
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