Online Shopping Scams
So much for concerns that the second Prime Day event wouldn’t live up to Amazon’s expectations. First they can specify extraordinarily long delivery dates, so that if one supplier hasn’t got it in stock they can source it from elsewhere; and secondly, they can send you directly to the external supplier’s website, in effect passing responsibility for the delivery to the other online company.
On an ebook with a $25.00 cover price, the publisher sold the book to retailers at a 50% wholesale discount (same as for paper), and collected $12.50. The author then received 25% of the net amount the publisher collected, so 25% of $12.50, which comes to $3.12. That left the publisher $9.38 ($12.50 minus the author’s $3.12.) In digital, there are no paper costs to deduct from the publisher’s share of net amounts collected from retailers.
The challenge for a retailer is to create innovations that bring the vision to life, wowing those customers and generating profitable growth. With the standard GW discount being 45% for retailers, that means Miniature Market and DiceBucket are only making 20% on each purchase. Retailers traditionally defined their job with three simple imperatives: Stock products you think your target customers will want. Online businesses have fewer things to screw up so they appear more stable- but if thats really where the money was youd be seeing more and more of them, not a small dozen of viable retailers.
Sonos, the wireless-speaker company whose products are widely available through retailers like Amazon and Target, opened its first direct-to-consumer retail store in SoHo in July. The short answer is No – if you are not the licensee, you cannot be both the manufacturer and the retailer – you can be one or the other but not both. Online Retailer is a premium collaboration of conference content, solution providers, one-on-one mentorships and networking soirees that encourage retail-tech innovation within the Australasian industry. Little wonder that the average American Customer Satisfaction Index score for online retailers such as Amazon (87 points) is 11 points higher than the average for physical discount and department stores. But what seems like a dream come true for the shopper—an abundance of information, near-perfect price transparency, a parade of special deals—is already feeling more like a nightmare for many retailers.
The influence of an institutional belief, situational normality of the online environment, on initial trust has not been previously investigated by simultaneously assessing relative influences of institutional beliefs and cognitive perceptions of the online retailer.