Categories: General

Amazon to open ‘four-star’ store in New York

Image copyright
Amazon

Image caption

The shop will also feature goods and gadgets that are becoming popular online

Online retailing giant Amazon is opening a store in New York that will only sell products that receive a high rating on its website.

The store will sell toys, household goods and other items that have a rating of four stars or more online.

Customers who visit the store will pay less if they have bought into Amazon’s Prime service.

Physical shops are becoming a key expansion area for Amazon as it seeks to take on more traditional retailers.

Image copyright
Amazon

Image caption

Products have digital tags to help the firm adjust their prices

The company currently operates a dozen bookshops and is experimenting with its Go outlets that do away with cashiers.

Last year it paid $13.7bn (£10.4bn) for the Whole Foods chain to fuel its push into fresh food and to help bolster its grocery delivery service.

The four-star store will also sell books, games and kitchen utensils as well as Amazon’s own Echo speakers and its Kindle e-readers. It will also have sections dedicated to items that are “trending” and proving popular with online customers.

Amazon has made attempts recently to improve the accuracy of its reviews by attempting to weed out fakes and those left by people who have been given, rather than bought, items on which they comment.

Image copyright
Amazon

Image caption

Snippets of customer reviews from the firm’s website are displayed alongside goods

Analyst Michael Pachter, from Wedbush Securities, was sceptical about the store’s prospects, given that it would only be able to hold a certain number of physical items.

“If I’m looking for a television and the store is full of kitchen appliances, it doesn’t help me very much,” he told Reuters.



Source by [author_name]

Share
Published by

Recent Posts

TEST: Living Like a RockStar: Get in Front of YOUR Money (Part 4)

TEST... If it is alright with you, would it not be better to make it…

2 years ago

TEST: Living Like a RockStar: Zero Fear Selling & Having it YOUR Way (Part 5)

TEST... Would it be okay with you if selling was just easy? Would you be…

2 years ago

TEST: Where To Get No Cost Royalty Free Music For Your Videos

TEST... Adding music to your videos can help to increase engagement, sales and more. We…

2 years ago

TEST: Today We Talk About Needs in Ben’s Ride Along video

TEST... This is very rarely discussed. And it is one of the most powerful things…

2 years ago

TEST: Sell These Videos For $500 or More Each?

TEST... In this video, I show you (Watch Over My Shoulder Style) how you can…

2 years ago

TEST: The “Shell Shock Habit” – RockStar Entrepreneur

TEST... More times than not, you may find that the thing holding you back has…

2 years ago