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Created: 15/06/2013 at 3:27 AM Updated: 02/10/2017 at 4:21 AM

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Eastpoint SOftware - What is this new US ecommerce site to rival Amazon?

Eastpoint SOftware - What is this new US ecommerce site to rival Amazon?
 
 
What is Jet.com?

 You might have heard about a new website called Jet.com. It's big news in the US, where shoppers can now sign up and test out the new ecommerce platform.

 According to Jet, they want to offer customers the biggest possible   discounts, and it's main difference to Amazon is that it is a “shopping   club” and customers pay a subscription to shop there (this is a flat   fee, it doesn't get deducted from purchases or come with free shipping).

 Where am I saving money?

 Jet claims that it can reduce costs for customers by suggesting that   they buy in bulk, buy items together, pick a slow shipping method, waive   return rights and pick a no-fee payment option. In addition, as Jet   itself makes money via the subscription fee rather than products sold,   in theory this also passes on a discount that vendors would otherwise be   paying to Jet.

Where did this ecommerce site pop up from?

 Jet was founded by Marc Lore, not a stranger to large-scale ecommerce development. Lore founded ecommerce website Diapers.com, as well as off-shoots soap.com and wag.com  (great domain names to have). When Diapers became a rival to Amazon,   Amazon bought the company and Lore worked for Amazon for a couple of   years.

 But soon Lore  moved on to new ecommerce ideas, and promptly received  heavy financial  backing for his new shopping club website Jet. And given  his track  record, it makes sense that investors were willing to take a  punt.  Investment was reported to be about $225m.

 With such a high profile entrepreneur and stacks of cash behind the   new website, it was already well known before it even launched, with   many tech and ecommerce development blogs speculating on how it would   work and where the discounts would come from.

What is the ecommerce experience like?

 The Jet ecommerce website launched in the summer and is now open to   membership – providing you have a US zip code. As we cannot use the   site, we have instead been listening out for feedback from US shoppers,   and found an interesting review from one of their first customers, who   used the website when it was in beta a few months back.

 As with Amazon and other ecommerce websites, there is the likelihood   that if successful, this concept and brand will come over to the UK.   What do you think – would you pay £35 for subscription shopping?

 About Eastpoint Software

We are a software development company, specializing in from-scratch and customized off-the-shelf Eastpoint Software eCommerce Development Company London, Cambridge and UK.

 If you are looking for experienced techies to help you launch an ecommerce site, email us at info@eastpoint.co.uk and we can have a chat about your options.
 
Visit us: https://www.eastpoint.co.uk/eCommerce/
Tags : Eastpoint Software, eCommerce Development Company, eCommerce Development Cambridge, eCommerce Development London, eCommerce Development UK, eCommerce Development Company Cambridge, eCommerce Development Company London, eCommerce Development Company UK
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#Posted on Friday, 25 September 2015 at 3:33 AM

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