The company that's actually winning by leaps and bounds is eXp World Holdings. Or maybe it's Redfin, another company that is trying to shift the real estate market online.īut I'm seeing a winner, and it's none of those companies. Maybe it's Zillow or Opendoor Technologies ( NASDAQ:OPEN), the companies leading the iBuyer revolution. Who is going to be the Amazon of real estate? Will the internet radically shift how we buy and sell homes? Of course! But the trick is to figure out which company is going to win this race. For instance, housing and automobiles are two huge sectors of the retail economy, and Amazon simply isn't a factor. But internet retail is a vast opportunity, and in some sectors Amazon isn't competing at all. He's the author of a line of murder mysteries, including Whodidit in the Supreme Court? and Whodidit With a Senator? The majority of what he knows about stocks he learned right here at the Motley Fool.Īmazon ( NASDAQ:AMZN), of course, is the king of internet retail. The reviews are important, and if they don’t get on top of this, a backlash may be brewing.Taylor Carmichael is a former attorney and filmmaker. There’s a reason Zagat’s edited reviews are so much more valuable than Yelp‘s or Trip Advisor.
Don’t forget about the readers: Never forget that the entire point of reviews is to help a shopper make an informed decision about a book they want to read.
#The big short amazon software
Software can catch students cheating on essays, similar algorithms should be able to identify the phony positive ads.ĥ. Pay for Play: Be more aggressive in rooting out pay for play reviews. Amazon’s obvious conflict of interest here should be resolved in the author’s favor. kindle: This is especially true for the eejit kindle fanboys. I don’t care what you think of Maddow or Limbaugh personally, what is your review of the book?ģ. Whether you like the author personally or not is not relevant to THIS book.
Non-Review “Reviews” that are NOT about the book should be taken down as a violation of the terms of service. Give them greater weight, move them higher, etc.Ģ. Someone who actually bought the book gets more weight than a random person. Amazon Verified Purchase should be upgraded and strengthened. But lots of other things are not helpful to Amazon’s sales and inappropriate as far as authors and readers are concerned.Īmazon can improve their reviews in a variety of ways by rethinking along the lines of helping buyers make informed decisions and basic fairness.ġ. I care much less about family members than I do people buying ads - clearly unethical and should be illegal under Amazon’s terms of service. Writers say thousands of reviews have been deleted from the shopping site in recent months.” But showering five stars on a book you admittedly have not read is fine.Īfter several well-publicized cases involving writers buying or manipulating their reviews, Amazon is cracking down. Neither is writers’ reviewing other writers. “Giving raves to family members is no longer acceptable. Towards that end, Amazon is, in a very small way, beginning to police some of the more egregious reviews, starting (WTF?) with family members: It is a significant part of their infrastructure. Solid reliable informed reviews of books are an important corporate asset of Amazon’s - one that should be tended to and nurtured, not wasted.
#The big short amazon free
There are a slew of reviewers that have never read the book (and have no intention to), but instead use the platform and a high profile book to free ride on the traffic.
Authors on the Left and the Right regularly receive 1 star reviews having nothing whatsoever to do with their books - people on the opposite side of the political spectrum use this mechanism to simply spit at their political opponents - its quite uncivilized.It was embarrassing to allow these sorts of reviews - and while Amazon gave a backdoor apology to Lewis’ manager, the non-reviews are still up. More than half of the first 80 reviews were negative 1 star reviews solely due to the kindle version. Michael Lewis The Big Shortdiscussion received an avalanche of 1 star reviews - all because the kindle version was not released simultaneously with hard cover version.That said, they also have some really bad review policies that are overlooked that I have been critical of. I think it is a crucial aspect to their business model - having trusted 3rd parties giving fair reviews of books and other items is a valuable reason for people to shop at Amazon over somewhere else that might not have the same depth and quantity of robust reviews. Amazon has been one of my favorite retailers, ever since my college roommate gave me an Amazon gift certificate for the holidays in 1998.
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