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Keep it shut amazon7/31/2023 And that comes from a Walmart idea of everything being about lowering the price for the customer. Amazon is not the Silicon Valley tech companies that have free lunches and dry cleaning on campus and the like. So that's the idea that when you're running your company internally, you shouldn't have any excess spending. Jason Del Rey: So there are a couple of key ones from the early days of Amazon that we could say Jeff Bezos "borrowed" from Walmart. Which tenets of Walmart's business informed Amazon's strategy in the early days? So in your book, you write about the ways in which Amazon actually borrowed from the Walmart playbook. And then in the second half of the show we'll get to the future of shopping-all of the wild, invisible, contactless ways that retailers want to keep us coming back to stores. So Jason, in the first part of this show, I want to talk about the ways not only in which Amazon and Walmart are so obviously different, with Amazon being focused on ecommerce and Walmart having these huge stores, but also the ways in which they're similar and how that has changed commerce. Why are we talking about the business of Amazon and Walmart on the Gadget Lab?" But the fact of the matter is we all shop, every single one of us, and these retailers, perhaps more than any retailer in American history, have forever changed the way we buy things. Some of you might be thinking, "Well, this isn't a Titans of Industry podcast. There's a whole story there about the last time we had dinner together, but we'll save the steak story for later. Jason Del Rey: Lauren, always, always a pleasure, whether over dinner or behind a mic. It's so great to have you on the Gadget Lab again. And not to bury the lead here, but perhaps most importantly, Jason is a former colleague of mine from the Recode days. Jason is the author of a new book called Winner Sells All: Amazon, Walmart, and the Battle for Our Wallets. Lauren Goode: We're also joined by longtime ecommerce and retail reporter Jason Del Rey. Lauren Goode: All right, let's talk about this. ![]() ![]() Michael Calore: OK, you have my attention.
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