Active Now

Element 99
Discussion » Questions » Business » Do you think Amazon will draw more people to Wholefoods by lowering prices on lobster and avacadoes?
Marguerite, the Beloved

Do you think Amazon will draw more people to Wholefoods by lowering prices on lobster and avacadoes?

Jeff Bezos, who owns Amazon, recently bought the chain store, Wholefoods. Wholefoods sells organic foods. Their prices are higher than stores that don't sell all organic foods. Bezos is now in the grocery-store business, along with books, student loans, and other endeavors. Avacadoes and lobster are two foods that people really like, but that are more expensive. I guess you might consider them "luxury foods".  Bezos is hoping to attract more customers to his new business by selling these items for a cheaper price? That is, cheaper than other stores sell them. Do you think it will work? 

Posted - August 25, 2017
Tag : #businesses

Responses


  • 11087
    Not really. It might draw me into the store for a one-time purchase, but my choice of grocery store is based on many factors: Convenience; quality; overall prices rather than one or two items;parking; service, etc.
      August 25, 2017 4:41 AM MDT
    2

  • 5808
    If he lowered the prices on EVERYTHING, maybe.
    Where I live we have one just down the street
    but they are so expensive on everything,
    rarely shop there. Prefer to drive a few miles to a Safeway
    where the prices are much better.
    .....Sometimes their prepared food 
    and soups are pretty good, which i do check out,
    but even to go, they are just like restaurant prices.

      August 25, 2017 6:37 AM MDT
    4

  • 6988
    I do not buy my clothing on Rodeo Drive.  I will not buy food at some store because it is more expensive.  
      August 25, 2017 7:03 AM MDT
    2

  • 7126
    You tell em!


      August 25, 2017 7:10 AM MDT
    2

  • 7126
    Bezos seems to have the Midas touch so I wouldn't be at all surprised if it worked.
      August 25, 2017 7:09 AM MDT
    1

  • 2960
    Midas touched him.
      August 25, 2017 7:10 AM MDT
    3

  • 7126
    Pictures or it didn't happen.
      August 25, 2017 7:11 AM MDT
    0

  • 2960
    I don't have a picture of his financial statments.
      August 25, 2017 6:45 PM MDT
    0

  • 34432
    Too buy lobster and avocado...but why would anyone pay more for other products.  
    I buy from Amazon but only if they have the better price. 
      August 25, 2017 7:32 AM MDT
    2

  • 46117
    Who even knows about it to take advantage?
      August 25, 2017 7:33 AM MDT
    1

  • 7126
    With Bezos at the helm, the entire universe should know about it shortly.
      August 25, 2017 7:43 AM MDT
    0

  • 46117
    And?  How much is the lobster now?  $25 instead of $35?

    I'll stilll pass.
      August 25, 2017 7:45 AM MDT
    1

  • 7126
    As will I, but I'm sure there will be no shortage of takers.
      August 25, 2017 7:46 AM MDT
    0

  • 17614
    Bezos doesn't own Amazon.  He is CEO. 
      August 25, 2017 12:23 PM MDT
    0