topic Re: Walmart buys Jet.com in Community Chat

Walmart buys Jet.com

HappyDaze — Tue, 09 Aug 2016 01:03:30 GMT

I really hope this doesn't change Jet.com. I have just recently started buying from Jet.com and really happy with the quick shipping and the low prices, often times they are even cheaper than Amazon for the regular items I typically buy like dog supplements and treats, human supplements, household products and food.

Jet.com is only about a year old so that was a quick sell off!

There are many articles about it if you google it but here is one if you don't mind links:

http://www.wsj.com/articles/wal-mart-to-acquire-jet-com-for-3-3-billion-in-cash-stock-1470659763

Re: Walmart buys Jet.com

itiswhatitis — Tue, 09 Aug 2016 01:26:01 GMT

@HappyDaze wrote:
I really hope this doesn't change Jet.com. I have just recently started buying from Jet.com and really happy with the quick shipping and the low prices, often times they are even cheaper than Amazon for the regular items I typically buy like dog supplements and treats, human supplements, household products and food.

Jet.com is only about a year old so that was a quick sell off!

There are many articles about it if you google it but here is one if you don't mind links:

http://www.wsj.com/articles/wal-mart-to-acquire-jet-com-for-3-3-billion-in-cash-stock-1470659763

Wow. When companies buy one another, that gives us less competition. Oh well....

Re: Walmart buys Jet.com

colliegirls — Tue, 09 Aug 2016 01:32:05 GMT

I only ordered from Jet once and never got the item. Their customer survice was very good in giving me a refund.

Re: Walmart buys Jet.com

Sunnycorle — Tue, 09 Aug 2016 01:40:25 GMT

What a bummer. I like Jet and won't buy from Walmart. That's done

Re: Walmart buys Jet.com

GCR18 — Tue, 09 Aug 2016 02:22:39 GMT

They are going after Amazon. They may have a shot if they can get the prices down. I find Amazon isn't always the best deal in town, but they are good on the delivery end of things. I like Jet when they first started and bought cat food. Then prices went up and I moved along. My mother's dog is on a special food and they sell it cheaper than anybody, go figure.

Re: Walmart buys Jet.com

HappyDaze — Tue, 09 Aug 2016 02:26:16 GMT

@GCR18 wrote:
They are going after Amazon. They may have a shot if they can get the prices down. I find Amazon isn't always the best deal in town, but they are good on the delivery end of things. I like Jet when they first started and bought cat food. Then prices went up and I moved along. My mother's dog is on a special food and they sell it cheaper than anybody, go figure.

I am the opposite- I actually did not find their prices competitive at first, especially compared to Amazon-but now they have really come down and are often better than Amazon. Much of my shopping has slowly moved from Amazon to Jet...at least for now.

Re: Walmart buys Jet.com

itiswhatitis — Tue, 09 Aug 2016 02:42:29 GMT

Both Amazon and Jet use these algorithms, to help them determine prices across vendors. That's why prices can go up and down in places and so on.

Re: Walmart buys Jet.com

GenXmuse — Tue, 09 Aug 2016 02:47:19 GMT

I don't have a subscription to WSJ so I couldn't read it but did go to jet.com. It says prices drop while you shop. Does anyone know what this actually means?

Re: Walmart buys Jet.com

HappyDaze — Tue, 09 Aug 2016 03:12:28 GMT

@Bonanzajellybean wrote:
I don't have a subscription to WSJ so I couldn't read it but did go to jet.com. It says prices drop while you shop. Does anyone know what this actually means?

@GenXmuse you don't have to have a sub to read the article I posted- I do not have a sub to it and was able to read it.

It means the more you buy, the lower the prices of the items in your cart go. Not all items go down in price but many.

ETA: that is odd, I rechecked the link I posted and it is now saying I have to subscribe to read the full article. I don't have a sub and I was able to read it all earlier. Anyway, here is another link:

http://money.cnn.com/2016/08/08/technology/walmart-jet-deal-amazon/

Re: Walmart buys Jet.com

ROMARY — Tue, 09 Aug 2016 03:18:48 GMT

Received a large Jet post card today. I'll have to retrieve it from the recycling bin. Didn't know what 'Jet' was at the time that I tossed it. It's worth giving it a try, or at least checking out the site.

Re: Walmart buys Jet.com

GenXmuse — Tue, 09 Aug 2016 03:44:05 GMT

@HappyDaze wrote:
@Bonanzajellybean wrote:
I don't have a subscription to WSJ so I couldn't read it but did go to jet.com. It says prices drop while you shop. Does anyone know what this actually means?
@GenXmuse you don't have to have a sub to read the article I posted- I do not have a sub to it and was able to read it.

It means the more you buy, the lower the prices of the items in your cart go. Not all items go down in price but many.

ETA: that is odd, I rechecked the link I posted and it is now saying I have to subscribe to read the full article. I don't have a sub and I was able to read it all earlier. Anyway, here is another link:
http://money.cnn.com/2016/08/08/technology/walmart-jet-deal-amazon/

Thanks for the new link happydaze and the explanation of the price drops. Good to know!

Re: Walmart buys Jet.com

OnlyShopsOnline — Tue, 09 Aug 2016 07:48:50 GMT

Walmart could buy the sun, the moon, and the stars, and still not be able to compete with Amazon. Their website is HORRIBLE!

Sometimes it works. Sometimes it doesn't. I've left their site many times, and ordered elsewhere, at a higher price, because their website wasn't running properly.

I had to place an order the other day. The only place the item was available was on Walmart.com...not even in the store. It took me 15 minutes to get the order to go through. The site kept freezing.

Re: Walmart buys Jet.com

gardenman — Tue, 09 Aug 2016 12:48:01 GMT

@OnlyShopsOnline wrote:
Walmart could buy the sun, the moon, and the stars, and still not be able to compete with Amazon. Their website is HORRIBLE!

Sometimes it works. Sometimes it doesn't. I've left their site many times, and ordered elsewhere, at a higher price, because their website wasn't running properly.

I had to place an order the other day. The only place the item was available was on Walmart.com...not even in the store. It took me 15 minutes to get the order to go through. The site kept freezing.

I haven't been thrilled with Jets' website either. Sorting through categories can get tedious with lots of stuff grouped together with no real way to sort it out by what you're looking for. Jet made it pretty clear from the start that they were looking to be bought out by someone. Their business model doesn't make a lot of financial sense, but they were trying to build a large customer base and then sell the company and let someone else figure out how to make it profitable.

Re: Walmart buys Jet.com

Yardlie — Tue, 09 Aug 2016 13:45:26 GMT

Never heard of Jet(dot)com until I read that Walmart bought it. I'll have to check it out.