Amazon Price Check App
December 10, 2011 by staff
Amazon Price Check App, Amazon.com should end its price-checking promotion because it gives consumers an incentive to gather data from small retailers and leave stores without spending money, Senator Olympia Snowe said.
The world’s largest online retailer is offering a 5 per cent discount to entice users to try a new mobile application that compares prices with physical retailers. The app, called Price Check, allows shoppers to look up Amazon’s prices by scanning products at a store using their phones.
“Amazon’s promotion — paying consumers to visit small businesses and leave empty-handed — is an attack on Main Street businesses that employ workers in our communities,” Snowe, a Maine Republican, said in a statement on Friday.
“Small businesses are fighting every day to compete with giant retailers, such as
Amazon is aiming to draw more online purchases from the more than 95 per cent of US consumers who still shop in stores, ratcheting up rivalry with traditional retailers. The Seattle-based company estimates revenue will rise to $16.5 billion to $18.7 billion (Dh60.59 billion to 68.67 billion) in the fourth quarter — growth of 27 per cent to 44 per cent respectively, compared with a year earlier.
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