I still believe Amazon is uniquely qualified to dominate and capitalize in this space. They have trucks, packing material, and streamlined logistics. They have a ton of robots that are mobile and/or warehouse-task-optimized. They work with data. They sell a ton of products leveraging the statistical analysis of customers and suppliers. What other company has this mix?
Amazon should move families at a discount/for free.
The catch is that they are then allowed to take a full, detailed record of every single item in the home plus a complete data capture of the moving procedure and then use all this data without restriction.
I don't know how they model amazon.com customers and how accurate their existing customer model is. Regardless of how it already works, a handful of complete data points inserted into their model should help sell more products.
Suppose Amazon learns that 100 percent of cat owners have a Petmate carrier and none of those were bought via Amazon. Or that 60 percent of Eames chair owners and 2 percent of non-owners have bidets. Most people would buy one but not the other at the exact same time, right? ...unless a company thinks to suggest this during checkout.
Maybe Amazon can find these fine-grained customer details out via other channels, but nothing will beat self-gathered ground truth data, especially if it's a byproduct of some other service being offered. And sure, the examples are extreme, but---as with stock market arbitrage---any differences found (and there SHOULD be many) should be exploitable.
Of course, jobs can be accepted/rejected/scheduled based on availability, so Amazon makes sure robotics/logistics capital isn't sitting around, unused, and isn't hurting itself by needing to order a new fleet.
They get a ton of training data for robots, which can be used and sold.
There's probably a side-hustle with offering moving insurance, and having a video capture of the entire moving process for motion training would also ensure there's very little speculation after a claim is filed.
And then, if you find that you can relocate people more efficiently than existing firms after a few years in operation, raise your prices to somewhere between "profitable" and "more expensive than the competition", and capture the entire home moving market.
(I also have no idea if this is actually a good idea and what the costs/profits of each factor of this business should be---more amazon.com sales via better ad targeting, the inventory data itself, the robot data, the relocation, the insurance---but my gut says they have the capital to lightly pivot until they become profitable.)
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[ 10.0 ms ] story [ 52.3 ms ] threadStart where there's too much data for a human to keep up, and then work backwards.
Always possible that what's going on is backwards already, and what's needed is more forward thinking ;)
Amazon should move families at a discount/for free.
The catch is that they are then allowed to take a full, detailed record of every single item in the home plus a complete data capture of the moving procedure and then use all this data without restriction.
I don't know how they model amazon.com customers and how accurate their existing customer model is. Regardless of how it already works, a handful of complete data points inserted into their model should help sell more products.
Suppose Amazon learns that 100 percent of cat owners have a Petmate carrier and none of those were bought via Amazon. Or that 60 percent of Eames chair owners and 2 percent of non-owners have bidets. Most people would buy one but not the other at the exact same time, right? ...unless a company thinks to suggest this during checkout.
Maybe Amazon can find these fine-grained customer details out via other channels, but nothing will beat self-gathered ground truth data, especially if it's a byproduct of some other service being offered. And sure, the examples are extreme, but---as with stock market arbitrage---any differences found (and there SHOULD be many) should be exploitable.
Of course, jobs can be accepted/rejected/scheduled based on availability, so Amazon makes sure robotics/logistics capital isn't sitting around, unused, and isn't hurting itself by needing to order a new fleet.
They get a ton of training data for robots, which can be used and sold.
There's probably a side-hustle with offering moving insurance, and having a video capture of the entire moving process for motion training would also ensure there's very little speculation after a claim is filed.
And then, if you find that you can relocate people more efficiently than existing firms after a few years in operation, raise your prices to somewhere between "profitable" and "more expensive than the competition", and capture the entire home moving market.
(I also have no idea if this is actually a good idea and what the costs/profits of each factor of this business should be---more amazon.com sales via better ad targeting, the inventory data itself, the robot data, the relocation, the insurance---but my gut says they have the capital to lightly pivot until they become profitable.)