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[CNN] Target to stop selling Kindle - Page 5

post #41 of 68
Quote:
Originally Posted by B-rock View Post

After working in retail for 4 years and seeing how much we make on electronics, it isn't very much at all. The margin on electronics is pretty low mostly computers and tablets, the most I've seen is a 7-10% gross profit margin. They really pushed us to sell the accessories for them which obviously have a MUCH higher markup, sometimes up to 75%, I imagine it isn't any different. So I think that part of what you're saying is true, the rest of it however, not so much. We were also sold X amount of computers at Y price, they say you can sell them for whatever you want but businesses always keep them low in order to compete with other stores and find other ways of getting money out of you. When you go to the store you plan on buying a laptop, that's your big purchase all the rest of the accessories seem "trivial" to your cost. Where I worked, every laptop we had to attach at least $150 in accessories if we didn't, we got "dinged" for it. Just my thoughts.
Edit: Fail sentences

The company I work for sold/sells Kindles and while the Fire sales were good intially, they barely move now. The ereader sales are horrid though. Many a few a week.

All electronics have low margins, yes, but these ereaders from B&N and amazon are far worse. The store will lose money overall unless they sell extras with them.
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post #42 of 68
Quote:
Originally Posted by wilykat View Post

Quote:
NEW YORK (CNNMoney) -- Target will soon stop selling the Amazon Kindle line of e-readers and tablets, the retailer confirmed Wednesday.
Target representative Molly Snyder said the company, which began carrying the Kindle in its physical stores nearly two years ago, is "phasing out Kindles and Amazon- and Kindle-branded products in the spring of 2012." Tech blog The Verge was the first to report the news, citing a leaked internal Target memo.
http://money.cnn.com//2012/05/02/technology/target-kindle/index.htm?hpt=hp_t2
No word on why yet.
Your avatar....can't. look. away.
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post #43 of 68
This is the way Apple competes with competition. They eliminate them instead of having to actually compete.
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post #44 of 68
Quote:
Originally Posted by Stealth Pyros View Post

Bribery much? Sounds like the typical Apple, doesn't even surprise me anymore.

LOL, only on OCN do you get the knee jerk reactions like this. Apple isn't bribing anyone. It's more likely that Target is looking to attract more customers to their stores by putting an Apple section in them, just as Best Buy does. Getting rid of Kindles because they aren't making Target a profit doesn't have anything to do with Apple. They're two separate issues.

Quote:
Originally Posted by Stealth Pyros View Post

We were implying that it's a bit of a coincidence that Apple just launched mini Apple stores within Target stores and now Target decides to stop selling Kindle products.

Because the store owners just made a decision on how to make the store more money? Getting rid of products that don't make you money and bringing in ones that do are usually executed at the same time after financial plans have been finalized.

Quote:
Originally Posted by Kaldari View Post

This is the way Apple competes with competition. They eliminate them instead of having to actually compete.

You must new to computers. Microsoft is the only one known for anti-competitive tactics and has achieved the status of embrace, extend, and extinguish.
Edited by PoopaScoopa - 5/2/12 at 9:17pm
post #45 of 68
Quote:
Originally Posted by losttsol View Post

It's because they are going to start selling a Shaun White e-Reader that is shaped like a snowboard.

Heartily dost I lawl'd upon this utterance.
post #46 of 68
Quote:
It's because they are going to start selling a Shaun White e-Reader that is shaped like a snowboard.

I just saw this in the store today while picking up my groceries.

384


Also, why is anyone buying the Kindle anywhere else other than Amazon?
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post #47 of 68
Quote:
Originally Posted by Cheetos316 View Post

Wouldn't that be abusing the market with their dominance? Thought those kinds of shady business practices are illegal.

Apple already avoids billions in taxes. This surprises you?
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post #48 of 68
Quote:
Originally Posted by Shmerrick View Post

Apple already avoids billions in taxes. This surprises you?

You 13? I and many others incorporate in state tax-free areas because it saves you money. Many military servicemen list Texas as their state of residence to avoid paying state-taxes as well. Who doesn't want to pay less taxes?
post #49 of 68
Quote:
Originally Posted by Mootsfox View Post

The company I work for sold/sells Kindles and while the Fire sales were good intially, they barely move now. The ereader sales are horrid though. Many a few a week.
All electronics have low margins, yes, but these ereaders from B&N and amazon are far worse. The store will lose money overall unless they sell extras with them.

This is pretty much it.

I work for Office Depot and know first hand that if we sell a tablet without anything we just end up losing money+ getting talked down too. Accessories is the only place where they make money.

Same for any electronics

:/
Edited by A Russian :D - 5/2/12 at 10:02pm
    
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post #50 of 68
Quote:
Originally Posted by Mootsfox View Post

The company I work for sold/sells Kindles and while the Fire sales were good intially, they barely move now. The ereader sales are horrid though. Many a few a week.
All electronics have low margins, yes, but these ereaders from B&N and amazon are far worse. The store will lose money overall unless they sell extras with them.

I've noticed this. Also I think most people at this point would rather have a normal tablet not just an e-reader.
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