Marc Lore is Not Backing Down to AmazonChris
The district of Montclair, N.J. has always been known for it’s restaurants, antique shops, and art-house movie theater. In the past year, it has become home to one of the fastest growing e-commerce businesses in the world. Marc Lore, former CEO of Quidsi and employee of Amazon, has taken e-commerce to the next level with Jet.com. Jet has taken over online shopping with its algorithmic-based pricing and free shipping in specific situations.
Jet.com, like eBay and Alibaba, functions primarily as a marketplace, allowing other merchants to compete to offer their wares to customers. Shoppers can find even more savings if they combine multiple orders into one single shipment or wait for a seller to offer a more economical shipping option. “The bottom line is, we’re basically not making a dime on any of the transactions. We’re passing it all back to the consumer,” stated Lore. “We want to build a different type of relationship with the consumer.”
Jet.com is making a big splash in the ecommerce market and it doesn’t seem like they’re slowing down anytime soon. Take advantage of the opportunity to sell on Jet and reach eager customers looking for a good deal. It’s never too late to join Jet.com and all you need to do is create an account with ListonJet.com to jumpstart the process.