Friday May 24, 2019

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Amazon Launches NY Daily Deals

Image representing Amazon as depicted in Crunc...

Image via CrunchBase

Amazon.com is now catching up with the daily-deal market, launching its daily offers in Manhattan and Brooklyn yesterday.  The new deal venture, AmazonLocal, maintains that it was in no way influenced by Groupon or other imitators, such as Living Social.  According to Bits,  Amazon’s new service is very similar to other daily deal sites, however, it can promote more deals on its flagship website, which other sites cannot.

In related news, according to an editorial in Crain’s New York Business, Internet vendors are draining revenue from physical stores and governments. The editorial states that as online sales continue to grow, tax-free online retailers are hurting traditional stores and the city, and that it is up to Congress to force online vendors to collect sales taxes and remit them to local governments and state. In 2008 NY  passed a law requiring Internet retailers to collect sales tax if they have affiliates with a physical presence in NY (unofficially called the Amazon tax). Amazon.com and Overstock.com sued to overturn the law on constitutional grounds, but lost in the Supreme Court.

Bits (NYTimes.com)

Crain’s New York Business