Latest / Omni Talk Retail / Fast Five Shorts | Amazon Haul 50% Off During Big Spring Sale
Transcript
- 0:00Amazon
- 0:00is
- 0:00using
- 0:01its
- 0:01Big
- 0:02Spring
- 0:02Sale
- 0:03to
- 0:03promote
- 0:03Amazon
- 0:04Haul.
- 0:05The
- 0:05Big
- 0:05Spring
- 0:05Sale
- 0:06haul
- 0:06and
- 0:06is
- 0:07how
- 0:07I
- 0:07call
- 0:07it
- 0:07is
- 0:08what
- 0:08I
- 0:08call
- 0:08it
- 0:08actually.
- 0:09According
- 0:09to
- 0:09retail
- 0:09dive,
- 0:10Amazon
- 0:10said
- 0:10It's
- 0:10also
- 0:11offering
- 0:1150%
- 0:12off
- 0:12Amazon
- 0:13haul
- 0:13purchases
- 0:14as
- 0:14part
- 0:14of
- 0:14its
- 0:15Big
- 0:15Spring
- 0:16sale,
- 0:16which
- 0:17runs
- 0:17from
- 0:17March
- 0:1825th.
- 0:18So
- 0:19started
- 0:19yesterday
- 0:20to
- 0:20March
- 0:2031st.
- 0:21US
- 0:21customers
- 0:22who
- 0:22shop
- 0:22on
- 0:22Amazon
- 0:23Haul,
- 0:23a
- 0:23Temu
- 0:24and
- 0:24Shein
- 0:24like
- 0:24competitor
- 0:25that
- 0:25just
- 0:25launched
- 0:26in
- 0:26November,
- 0:27will
- 0:27automatically
- 0:27have
- 0:27the
- 0:28offer
- 0:28applied
- 0:28during
- 0:29checkout
- 0:30throughout
- 0:30the
- 0:30sales
- 0:31event.
- 0:31Available
- 0:32only
- 0:32via
- 0:32app
- 0:33and
- 0:33on
- 0:34mobile,
- 0:34all
- 0:35haul
- 0:35items
- 0:35are
- 0:36priced
- 0:36at
- 0:36$20
- 0:37or
- 0:37less,
- 0:37with
- 0:38most
- 0:38less
- 0:39than
- 0:39$10.
- 0:39And
- 0:40some
- 0:40items.
- 0:40This
- 0:41blows
- 0:41my
- 0:41mind.
- 0:42Priced
- 0:42at
- 0:42a
- 0:43dollar.
- 0:44So
- 0:4450
- 0:44cents,
- 0:45guys.
- 0:45Go
- 0:45get
- 0:45your
- 0:4550
- 0:46cent
- 0:46items.
- 0:46The
- 0:47selection
- 0:47includes
- 0:47home
- 0:48decor,
- 0:48fashion,
- 0:48outdoor
- 0:49gear
- 0:49and
- 0:49electronics.
- 0:50Haul
- 0:51orders
- 0:51over
- 0:51$25
- 0:52also
- 0:52qualify
- 0:53for
- 0:53free
- 0:54shipping
- 0:54and
- 0:54in
- 0:55one
- 0:55to
- 0:55two
- 0:55weeks.
- 0:56And
- 0:5650%
- 0:57off
- 0:57Amazon
- 0:58haul
- 0:58seems
- 0:58pretty
- 0:59aggressive
- 0:59to
- 0:59me.
- 1:00What
- 1:00do
- 1:00you
- 1:00think
- 1:01it
- 1:01is
- 1:02aggressive?
- 1:03I
- 1:03would
- 1:03have
- 1:03gone
- 1:03bolder
- 1:04actually.
- 1:05Yeah,
- 1:06I
- 1:06think
- 1:06that
- 1:07Amazon
- 1:08should
- 1:08free.
- 1:10I
- 1:10mean,
- 1:10I
- 1:11think.
- 1:11I
- 1:11guess
- 1:11I
- 1:11would
- 1:12have
- 1:12gone
- 1:12bolder.
- 1:13I
- 1:13took
- 1:13your
- 1:13question
- 1:14to
- 1:14mean,
- 1:14like
- 1:15it's
- 1:15pretty
- 1:15aggressive
- 1:16with
- 1:16the,
- 1:17the
- 1:17promotion
- 1:18and
- 1:18like
- 1:18the
- 1:18awareness
- 1:19that
- 1:19it's
- 1:19driving.
- 1:19Okay.
- 1:20I,
- 1:20I
- 1:21think
- 1:21I
- 1:21would
- 1:21have
- 1:21made
- 1:21this
- 1:22a
- 1:22bigger
- 1:22event
- 1:23and
- 1:23I
- 1:23just
- 1:23would
- 1:23have
- 1:24focused
- 1:24on
- 1:25Amazon
- 1:25Haul.
- 1:25I
- 1:25think
- 1:26it
- 1:26should
- 1:27be
- 1:27an
- 1:27Amazon
- 1:27haul
- 1:28that's
- 1:28the
- 1:28size
- 1:28of
- 1:29a
- 1:29prime
- 1:29day
- 1:30because
- 1:31I
- 1:31think
- 1:31that
- 1:31you're
- 1:31facing
- 1:32some
- 1:32really
- 1:32stiff
- 1:33competition
- 1:34with
- 1:34Shein
- 1:34and
- 1:34teu.
- 1:35You're
- 1:35going
- 1:36to
- 1:36continue
- 1:36to
- 1:36face
- 1:37that,
- 1:37especially
- 1:38with
- 1:38some
- 1:39of
- 1:39the
- 1:39advancements.
- 1:40Like
- 1:40we
- 1:40talked
- 1:41to
- 1:41Peter
- 1:41Pernode
- 1:42yesterday
- 1:42about
- 1:42where
- 1:42Shein's
- 1:43headed,
- 1:43what
- 1:44kind
- 1:44of
- 1:44things
- 1:44they're
- 1:44investing
- 1:45in.
- 1:45And
- 1:45I
- 1:46think
- 1:46for
- 1:46Amazon
- 1:47to
- 1:47be
- 1:47a
- 1:47true
- 1:47competitor,
- 1:48this
- 1:48needs
- 1:49to
- 1:49be
- 1:50massive.
- 1:50It
- 1:51needs
- 1:51to
- 1:51be
- 1:51at
- 1:51key
- 1:52points
- 1:52during
- 1:52the
- 1:52year,
- 1:53so
- 1:53a
- 1:53couple
- 1:54weeks
- 1:54ahead
- 1:54of
- 1:54holiday,
- 1:55a
- 1:55couple
- 1:56weeks
- 1:56ahead
- 1:56of
- 1:56back
- 1:56to
- 1:57college
- 1:57and
- 1:57things
- 1:58like
- 1:58that
- 1:58when
- 1:58you're
- 1:58ordering
- 1:59stuff
- 1:59like
- 1:59this.
- 2:00So
- 2:01I
- 2:01think,
- 2:01I
- 2:01think
- 2:02price
- 2:02point
- 2:03wise
- 2:03it
- 2:03seems
- 2:03appropriate.
- 2:04I
- 2:04think
- 2:05scale
- 2:05of
- 2:05the
- 2:06announcement
- 2:06like
- 2:06a
- 2:07spring
- 2:07sale,
- 2:08that
- 2:08means
- 2:08nothing
- 2:08to
- 2:09me
- 2:09as
- 2:09a
- 2:09consumer.
- 2:10A
- 2:1050%
- 2:11off
- 2:11Amazon
- 2:11Wholesale,
- 2:12that's
- 2:13something
- 2:13that
- 2:13I
- 2:13feel
- 2:13like
- 2:14is
- 2:14more.
- 2:14Whoa,
- 2:14whoa.
- 2:15I
- 2:15mean
- 2:16this
- 2:16is
- 2:16basically
- 2:16prime
- 2:16day
- 2:17for,
- 2:17you
- 2:17know,
- 2:18six
- 2:18days
- 2:18or
- 2:18whatever.
- 2:18This
- 2:19is
- 2:19their
- 2:19spring
- 2:19equivalent
- 2:20of
- 2:20that.
- 2:20You
- 2:20don't
- 2:20think
- 2:20that
- 2:20means
- 2:20anything
- 2:21to
- 2:21the
- 2:21consumer?
- 2:22Well,
- 2:22I
- 2:22mean,
- 2:22I
- 2:23shocked.
- 2:23Especially
- 2:23right
- 2:24now.
- 2:24No,
- 2:25I
- 2:25don't,
- 2:25I
- 2:25don't
- 2:25think
- 2:26it's
- 2:26as
- 2:26important
- 2:27that
- 2:27if
- 2:27you're
- 2:28going
- 2:28to.
- 2:28Go
- 2:28heading
- 2:28into
- 2:29Easter,
- 2:29I
- 2:29don't
- 2:29know.
- 2:29Okay,
- 2:30keep
- 2:30going.
- 2:30I
- 2:31think
- 2:31that
- 2:31if
- 2:31you're
- 2:32going
- 2:32to
- 2:32go,
- 2:32if
- 2:32Amazon's
- 2:33truly
- 2:33trying
- 2:33to
- 2:34compete
- 2:34with
- 2:34Hull,
- 2:34like
- 2:35that's
- 2:35the
- 2:35headline
- 2:35here.
- 2:35We're
- 2:36talking
- 2:36about
- 2:36hall,
- 2:36we're
- 2:37not
- 2:37talking
- 2:37about
- 2:37spring
- 2:38sale.
- 2:38If
- 2:39that's
- 2:39what
- 2:39you're
- 2:39gonna
- 2:39try
- 2:40to
- 2:40do,
- 2:40if
- 2:40that's
- 2:40a
- 2:41real
- 2:41objective
- 2:41for
- 2:42you
- 2:42as
- 2:42a
- 2:42business.
- 2:43Amazon,
- 2:43I
- 2:43would
- 2:43have
- 2:44gone
- 2:44bigger
- 2:44and
- 2:45bolder
- 2:45and
- 2:45not
- 2:46thrown
- 2:46this
- 2:46in
- 2:47with
- 2:47a
- 2:47spring
- 2:47sale.
- 2:48So
- 2:48you
- 2:48would
- 2:48have
- 2:48done
- 2:48something
- 2:49separate,
- 2:49standalone.
- 2:50That's
- 2:50your
- 2:50play.
- 2:51And
- 2:51you
- 2:51would
- 2:51do
- 2:51it
- 2:51more
- 2:51often
- 2:52too.
- 2:52Yes.
- 2:52Okay,
- 2:53so,
- 2:53but
- 2:53net
- 2:53Net,
- 2:54do
- 2:54you
- 2:54like
- 2:54this
- 2:54move?
- 2:56Which
- 2:56move?
- 2:56Just
- 2:57the
- 2:57move
- 2:57of
- 2:57like
- 2:57trying
- 2:58to
- 2:58get
- 2:58behind
- 2:58hall
- 2:58and
- 2:59fire
- 3:00sailing
- 3:00it
- 3:00on
- 3:01price.
- 3:01I
- 3:02think
- 3:02they
- 3:02have
- 3:02to.
- 3:02I
- 3:03think
- 3:03if
- 3:03they're
- 3:03going
- 3:03to
- 3:03stay
- 3:04competitive,
- 3:04if
- 3:05that's
- 3:06a
- 3:06business
- 3:06objective
- 3:07for
- 3:07Amazon,
- 3:08then
- 3:08yes,
- 3:08they
- 3:08have
- 3:09to
- 3:09do
- 3:09this.
- 3:10Yeah,
- 3:10interesting.
- 3:12But
- 3:12you
- 3:13know
- 3:14the
- 3:14points
- 3:14of.
- 3:14Well,
- 3:14I
- 3:14just
- 3:15think,
- 3:15I
- 3:15just,
- 3:15I
- 3:15think
- 3:15I
- 3:16disagree
- 3:16with
- 3:16you
- 3:17about
- 3:17the
- 3:17part
- 3:18about
- 3:18the
- 3:18spring
- 3:18sale
- 3:19in
- 3:19general.
- 3:19I
- 3:19think
- 3:19that's
- 3:19an
- 3:20important
- 3:20event
- 3:20in
- 3:20consumers.
- 3:21You
- 3:21know,
- 3:21they've
- 3:22done
- 3:22it,
- 3:22I
- 3:22think
- 3:22a
- 3:22number
- 3:22of
- 3:23years
- 3:23now
- 3:23too.
- 3:23I
- 3:23don't
- 3:23remember
- 3:24how
- 3:24many,
- 3:24but,
- 3:24you
- 3:24know,
- 3:25and
- 3:25they're
- 3:25doing
- 3:25it
- 3:25routinely
- 3:26throughout
- 3:26the
- 3:26year.
- 3:26So.
- 3:27But
- 3:27I
- 3:27think
- 3:27your
- 3:27point
- 3:27about,
- 3:28okay,
- 3:28how
- 3:28do
- 3:29you
- 3:29actually
- 3:29get
- 3:29people
- 3:30to
- 3:30haul
- 3:31is
- 3:31really
- 3:31what
- 3:31you're
- 3:31saying.
- 3:32And
- 3:32for
- 3:32me,
- 3:33I
- 3:33don't
- 3:33know,
- 3:34like,
- 3:34I'm
- 3:34kind
- 3:34of
- 3:34like,
- 3:34okay,
- 3:35you're
- 3:35fire
- 3:35selling
- 3:35this
- 3:3650%
- 3:36off.
- 3:37That's
- 3:37what
- 3:37you
- 3:37have
- 3:37to
- 3:37do
- 3:38to
- 3:38get
- 3:38people
- 3:39interested
- 3:39in
- 3:39it.
- 3:40We've
- 3:40seen
- 3:40the
- 3:40studies
- 3:40that
- 3:41people
- 3:41are
- 3:41not
- 3:41shopping
- 3:42it.
- 3:43So,
- 3:43you
- 3:43know,
- 3:43that,
- 3:43that
- 3:44tells
- 3:44me
- 3:44that
- 3:44it
- 3:45honestly
- 3:45kind
- 3:45of
- 3:45reeks
- 3:46of
- 3:46desperation
- 3:47to
- 3:47me
- 3:47as
- 3:47a
- 3:47merchant.
- 3:48I'm
- 3:48like,
- 3:49you
- 3:49know,
- 3:49the
- 3:49last
- 3:49thing
- 3:49I
- 3:50want
- 3:50to
- 3:50do
- 3:50is
- 3:50like
- 3:50fire
- 3:50sale
- 3:51my
- 3:51price
- 3:51to
- 3:51get
- 3:52people
- 3:52to
- 3:52do
- 3:53that.
- 3:53And
- 3:53so
- 3:54it
- 3:54just
- 3:54seems
- 3:54like
- 3:54a
- 3:54road
- 3:55to
- 3:55nowhere.
- 3:55And
- 3:56you
- 3:56know,
- 3:56long
- 3:56term,
- 3:57it
- 3:57feels
- 3:57like
- 3:57a
- 3:57strategy
- 3:58would
- 3:58have
- 3:58taken
- 3:58to
- 3:58compete
- 3:58with
- 3:59Walmart
- 3:59back
- 3:59in
- 3:59the
- 3:59day
- 4:00and
- 4:00you're
- 4:00going
- 4:00to
- 4:00lose
- 4:00that
- 4:01battle.
- 4:01So
- 4:02why
- 4:02can't
- 4:02she.
- 4:02And
- 4:03she
- 4:03and
- 4:03Timu
- 4:03can
- 4:04be
- 4:04defensible
- 4:04against
- 4:04that,
- 4:05especially
- 4:05for
- 4:05a
- 4:05week.
- 4:06Who
- 4:06cares?
- 4:06I'd
- 4:06just
- 4:06be
- 4:06like,
- 4:07you're
- 4:07a
- 4:07gnat
- 4:07in
- 4:07my
- 4:07ointment.
- 4:08Get
- 4:08the
- 4:08hell
- 4:08out
- 4:08of
- 4:08here.
- 4:08You
- 4:09know,
- 4:09so
- 4:09I
- 4:09don't,
- 4:10I
- 4:10don't
- 4:10think
- 4:10this
- 4:10is
- 4:10a
- 4:10good
- 4:10sign
- 4:11for
- 4:11them
- 4:11at.
- 4:12And,
- 4:13you
- 4:13know,
- 4:13I
- 4:13think
- 4:13it
- 4:13shows
- 4:13that
- 4:14there's
- 4:14a
- 4:14lack
- 4:14of
- 4:15creativity
- 4:16on
- 4:16how
- 4:17to,
- 4:17how
- 4:17to
- 4:18mimic
- 4:18or
- 4:18do
- 4:19what
- 4:19she
- 4:19and
- 4:19Timu
- 4:20do
- 4:20better.
- 4:21That.
- 4:21That's
- 4:22my
- 4:22take.
- 4:22You
- 4:22agree
- 4:22with
- 4:22that?
- 4:23Yeah,
- 4:23for
- 4:23sure.
- 4:23Yeah.
- 4:24No
- 4:24I
- 4:24think,
- 4:24I
- 4:24think
- 4:24there
- 4:25you're.
- 4:25Saying
- 4:25they
- 4:25need
- 4:26to
- 4:26do
- 4:26something.
- 4:26This
- 4:27isn't
- 4:27it.
- 4:27Yeah.
- 4:28Yeah.
- 4:28I
- 4:28think
- 4:28we
- 4:28both
- 4:28agree
- 4:29whole
- 4:29thing
- 4:29is
- 4:29too
- 4:30muddled
- 4:30with
- 4:30too
- 4:31many
- 4:31angles
- 4:32and
- 4:32just
- 4:33like,
- 4:33go
- 4:33after
- 4:34one
- 4:34thing
- 4:34are,
- 4:35you
- 4:35know,
- 4:36put
- 4:36more
- 4:36product
- 4:37sets
- 4:37in
- 4:38the
- 4:38spring
- 4:38hall,
- 4:39then
- 4:39like,
- 4:39figure
- 4:39out
- 4:39a
- 4:40way
- 4:40to
- 4:40make
- 4:41this
- 4:41as
- 4:41big
- 4:41as
- 4:41Prime
- 4:42Day.
- 4:42If
- 4:42you
- 4:42really,
- 4:43if
- 4:43it's
- 4:43a
- 4:43business
- 4:43objective.
- 4:44Yeah,
- 4:44I'd
- 4:44actually
- 4:45rather
- 4:45see
- 4:45Amazon
- 4:45now
- 4:46that
- 4:46I'm
- 4:46thinking
- 4:46about.
- 4:46I
- 4:46never
- 4:46talked
- 4:46about
- 4:47this
- 4:47with
- 4:47you,
- 4:47but
- 4:47I'd
- 4:47rather
- 4:47see
- 4:47Amazon,
- 4:48like,
- 4:48using
- 4:48their
- 4:49supply
- 4:49chain
- 4:49infrastructure
- 4:50to
- 4:51help
- 4:51other
- 4:51retailers
- 4:52mimic
- 4:52what
- 4:52she
- 4:52and
- 4:53Timu
- 4:53is
- 4:53doing.
- 4:54Yeah.
- 4:54You
- 4:54know,
- 4:54yeah.
- 4:55If
- 4:55they
- 4:55could
- 4:55do
- 4:55it
- 4:55at
- 4:55the.
- 4:55Price
- 4:56point,
- 4:56that
- 4:56that
- 4:56seems
- 4:57like
- 4:57the
- 4:57way
- 4:58to
- 4:58go
- 4:58because
- 4:58there's
- 4:58probably
- 4:58a
- 4:59lot
- 4:59of
- 4:59people
- 4:59that
- 4:59would
- 4:59want
- 4:59that
- 4:59from
- 5:00a
- 5:00product
- 5:00development
- 5:00perspective,
- 5:01especially
- 5:01the
- 5:02Shopify
- 5:02vendors.