Amazon’s Competition

http://youtu.be/TlrSKnMrI10

Image from Bloomberg’s Businessweek , Marc Lore

At dinner tonight my girl friend Bonnie asked me if I ever heard of Jet.com. She said it was a new competitor to Amazon and in many cases less expensive. 
I had never heard of Jet.com so I told her that she probably got her facts wrong. She told me to check it out. I forgot all about it until I turned to my nightly ritual of checking in with a few tech sites.

The second I opened Engadget, I spotted a detailed post on the concept of Jet.com. What a coincidence. The biggest takeaway that I got from the Engadget post is that “the more you buy, the more rewards you receive.” This amounts to very big savings. 

Read Wikipedia’s explanation of Jet.com. The founder, Marc Lore, was also the creator of diapers.com and soap.com, which he later sold to Amazon for $545 million. 

I’m anxious for a few of you to try Jet.com and then report back if you think it’s a true Amazon competitor.