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By Brandon Waggoner bwaggone

Bwaggone jet

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By Brandon Waggonerbwaggone

Costco Lite Amazon jet.com Products

● Nothing you couldn’t find at Amazon/Costco● Yeah that’s about it

History

● Founded by Mark Lore in 2014● Had membership fees, then didn’t● How???

Business Model

● How DO they make money?● Buy things together● Partner Program

Financial Info

● Half a Billion in Venture Capital, Nov 2015● “Bleeding Money” in May, 2016 ● Sold for 3.3 Billion

Secret Sauce

● Incentives to buy● Advertising● Cheapness >>>> Everything else

CompetitionMembership Fee

Accounts Repeat Buyer Rate

Price of Tide Laundry Detergent, Spring Renewal 24 Loads

Shipping

Jet.com Free 3.6 Million(July 2016)

23% 7.99 Standard

Amazon Optional, $100 a year

244 Million (July 2016)

11% 12.20 Guaranteed 2-day

Prediction

References

https://partner.jet.com/apply/wholesale#pricing

http://fortune.com/2016/05/11/jet-grocery-delivery/

https://www.quora.com/What-do-people-think-about-Jet-com-Is-it-a-multi-million-dollar-blunder-or-the-next-Amazon

en.wikipedia.org/wiki/Jet.com (and references on that page)