1/13/2015

Jet.com is 'Doing to Amazon What Costco Did to Walmart' IGN All

Online retailer Jet.com is hoping to get in the online market space by offering bigger savings than anywhere else.


Jet is aiming to reinvent the Costco-style of membership by offering a yearly-subscription but offering lower prices all round. As Recode points out, hundreds of retailers, of all sizes, are expected to shop their wares through Jet, which the company says will be – on average – five-to-six percent cheaper than the rest of the web. And yes, that statement includes Amazon.


Recode reports having searched for a Sonos Connect, with the best online price being around $349. Then, having searched for the same item on Jet, the price was $301.


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