{"id":13366,"date":"2015-08-31T12:18:17","date_gmt":"2015-08-31T12:18:17","guid":{"rendered":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/jetcom_the_good_the_bad_and_the_ugly.html"},"modified":"2022-10-14T18:31:44","modified_gmt":"2022-10-14T22:31:44","slug":"jetcom-the-good-the-bad-and-the-ugly","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/jetcom-the-good-the-bad-and-the-ugly.html","title":{"rendered":"Jet.com The .Good the .Bad and the .Ugly"},"content":{"rendered":"<p><a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/uploads\/jet.com.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/assets_c\/2015\/08\/jet.com-thumb-500x339-14653.png\" alt=\"jet.com.png\" width=\"500\" height=\"339\" \/><\/a><\/p>\n<p><strong>The .Good<\/strong><\/p>\n<p>I&rsquo;ve been using the new ecommerce site&nbsp;<a href=\"http:\/\/www.tmcnet.com\/query\/searchresults.aspx?searchstring=jet.com&#038;Action.x=0&#038;Action.y=0&#038;Action=Go%21\">Jet.com<\/a> for a few weeks and so far I have found the selection to be about 20-30% of what Amazon offers. For example you can buy rice cookers but not from Black &#038; Decker. I was intrigued by the site when I heard the CEO on CNBC <a href=\"http:\/\/www.cnbc.com\/2015\/07\/31\/jetcom-willing-to-spend-money-to-make-money-ceo-says.html\">say<\/a> the company loses 15-20% on each sale and becomes profitable around 15 million users. I immediately started pricing items on the site and found great savings over Amazon. Of course this is shocking because Amazon doesn&rsquo;t even make money on the products it sells. So how is their room for a low-cost supplier to undercut them?<\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/player.cnbc.com\/p\/gZWlPC\/cnbc_global?playertype=synd&#038;byGuid=3000402463&#038;size=530_298\" width=\"530\" height=\"298\"><\/iframe><strong>The .Bad<\/strong><\/p>\n<p>I think I may have found out why prices are lower. When I tried to check out on my most recent order, I got a repeated error message. A call to the call center was answered promptly &ndash; I made the call after I got nowhere with email. Basically, I received an email response which led me to believe a call was a better option. The call center operator explained all I had to do was delete my credit card number and re-enter it and that should fix the problem. It did.<\/p>\n<p><strong>The .Ugly<\/strong><\/p>\n<p>A few days later, I was sent a tracking number from FedEx which didn&rsquo;t work when I clicked it. It is tough to see how you can screw up something so easy.<\/p>\n<p><strong>Its .Alpha<\/strong><\/p>\n<p>Basically &ndash; here is the situation&hellip; Jet.com is in Alpha. Use it and save some money. But expect startup glitches. The first three months of the service are free then it costs $50 per year. If you <a href=\"https:\/\/www.google.com\/search?q=Google+free+jet.com+one+year&#038;oq=Google+free+jet.com+one+year&#038;aqs=chrome..69i57j69i64.11311j0j4&#038;sourceid=chrome&#038;es_sm=0&#038;ie=UTF-8#q=+free+jet.com+one+year\">Google<\/a> a bit, you can find a free annual membership.<\/p>\n<p>The company has explained it will only make money on the membership fees &#8211; not the products. It will be interesting to see how the company does &ndash; if you are Walmart &ndash; etc. &ndash; you can&rsquo;t allow Jet.com to fail. I expect a lot of retailers working with Jet to ensure they become a viable competitor to the behemoth from Seattle.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The .Good I&rsquo;ve been using the new ecommerce site&nbsp;Jet.com for a few weeks and so far I have found the selection to be about 20-30% of what Amazon offers. For example you can buy rice cookers but not from Black &#038; Decker. I was intrigued by the site when I heard the CEO on CNBC<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[157,1,210,118],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13366"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=13366"}],"version-history":[{"count":1,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13366\/revisions"}],"predecessor-version":[{"id":18631,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/13366\/revisions\/18631"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=13366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=13366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=13366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}