Future Open Shopping
Amazon compiles reviews, presents product information, processes orders, facilitates and produces delivery, and facilitates and produces returns.
Amazon is the dominating first mover in web shopping. Thanks to Amazon’s favorable pricing, its overall product is hard to outcompete as either a physical retailer or a similar second mover.
Amazon’s practical, functioning solution provides highly-valuable intel, showing what similar, effective functionality to deliver using an open solution.
An open solution will provide added benefits to customers and to producers—including reviewers, manufacturers, and shippers.
Empowering Customers
Customers seek products that do things they value. Customers benefit from shopping information, good pricing, delivery by the time products are needed, and returns when needed.
Shopping information from all sources could be improved.
External product reviews are currently summarized by Amazon. In the future, these reviews could get rated for usefulness and linked to.
Customer reviews currently get centrally controlled by Amazon. In the future, these reviews could get aggregated from multiple sources, rated, and displayed.
Manufacturers’ product data currently gets entered by sellers and gets listed in comparison tables by Amazon. In the future this could continue. But also, product data could be tiled for side-by-side comparisons that also let sellers quickly inform customers about the features that make their products add more value or that make their products provide comparable value for lower prices.
Pricing is a total that currently gets stabilized somewhat by Amazon. In the futur
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.