My Love/Hate Relationship with Amazon
In deference to my post about Monty Python: and now for something completely different:
I have blathered on about my past, career, political viewpoint, and who remembers what else. Today, I thought I would try something very different. My big question is:
What Do You Think About Amazon (and not the river)?
Personally, I am conflicted. I understand what that company has done to so many brick-and-mortar retailers. In fact today, I received an email advising that my neighborhood Bed, Bath & Beyond was closing. I went there and found the store had less than a third of the goods they typically held, on the first day of the closing sale. The only bright side to the story is that I made some good money on BBBY stock years ago. When Amazon was growing wildly, I decided to sell my position. Good thing. I think I sold at the peak.
Many shopping malls have been closed around the country. Smaller retailers just cannot complete with Amazon’s pricing. Jeff Bezos must be deliriously happy.
So, as a rational businessman, I see the damage Amazon had done. But, I also see the benefit of not going to a store. I am a guy. I have never enjoyed shopping, except for groceries. I love to cook and must choose my own items. I do not trust some new associate to pick the right avocados, or chilies, or anything else. Who wants some stranger man-handling their food? Not me. Yes, I know some other strangers have handled everything before it left the fields and reached the shelves, but that is not the point. The point is that I make the final choice.
On the other hand, Amazon recently opened a one-million square foot distribution center less than ten miles from where I live. It takes thousands of workers to handle the incoming and outgoing shipments. Dozens, if not hundreds, of Amazon trucks are driven by well-paid people who bring my stuff to my doorstep. As a non-shopper, that is a fabulous convenience. With my Prime membership, shipping is free too.
Plus, being a bit compulsive, I tend to buy more than I need. If I have it, I don’t worry about running out, right?
Okay, Amazon Prime is not cheap anymore. I do watch Prime TV though. I am a rabid NFL fan, and now, Thursday Night Football is only on Prime. What other choice do I have?
I also have four grandchildren, two of whom live on the East Coast. Shipping presents with UPS or USPS is expensive. With Amazon, free again!
And now for the dirty word: China. Yes, I know too many Amazon products are sourced from China. When I buy those same things in a local store, they come from China too! What is a guy supposed to do? China is a bad place. I agree. But what can I do? For example, I posted about my bout with COVID, which originated in China. My pharmacy gave me COVID test-kits. Guess what? From China again. I think our relationship with China needs to change. That is up to our government.
In the interim, I do what I can. I imagine that is what we all do. So, what do you think about Amazon? Please let me know what you think.