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by swingbridge 3994 days ago
Had a beta access code and the site is a mess. They boast about having the lowest prices on the web but if you actually check their prices they don't. On many items they were quite a bit more expensive than other well known sites (but we're still quoting "savings" in the checkout cart.) Some items were cheaper but not by much. If their model is to beat everyone on price then that's a giant race to the bottom. If you claim to be a better deal but are actually more expensive, well then you're just dillusional.
1 comments

Have you been on there recently? I must admit that early on it was messy... but you know its a startup in beta...

However, I disagree on the price bit. Their selection isnt as large as amazon yet but I have found them to be 5%-15% cheaper on all items that they do have.

I agree - their prices are definitely lower.

It concerns me a little bit that they're losing money on each order - that's fine if they plan to have the same discounts at scale, and are just testing, but if they are just using low prices to get people to join, it seems troubling.

The business model sounds deeply flawed. The fact that they've been burning cash like crazy (like building a fancy HQ before even getting any revenue) isn't a great sign. I wish them luck but things are going to get real ugly real quick if they don't figure this thing out fast.