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Mark mahaney rbc yelp survey
Mark mahaney rbc yelp survey













mark mahaney rbc yelp survey

Almost all of the Go stores on Yelp get an average rating of 4 to 5 stars, and in the Apple app store, it has a 4.5-star rating, higher than even Amazon’s flagship shopping app. Many other reviewers echoed that sentiment. “Went in, grabbed a croissant and was out literally (in) 17 seconds,” a review from username PhantomaZero said in Apple’s app store. While it had expected Go stores would be busy during meal times, Amazon told me it was surprised to see “many customers coming in for a drink or snack during non-meal specific times too-sometimes multiple times a day.” Most stores range in size from 1,200 to 2,300 square feet, but Amazon is trying out different formats: It has opened a 450-square-foot store, Amazon Go’s smallest so far, inside its office space above a Macy’s in Seattle. Imagine the flexibility and the potential to replicate that format in places where space may be tight.Īmazon declined to give any sales or traffic metrics except to say it’s “thrilled by the response” from customers in the three cities Amazon Go is in.

mark mahaney rbc yelp survey

“They have a really decent selection of items, great snacks but I like their sandwich selection the most!”Īmazon Go carries its own souvenir chocolates and other merchandise. “It honestly lives up to the hype,” a Yelp reviewer named Monica C. It also plans to open in New York, Amazon said, declining to give more details on when or where.Īmazon is reportedly eyeing to open 3,000 Amazon Go stores by 2021 and is said to be looking at expanding the concept to London, airports and college campuses. Amazon said it plans to open a fourth location in Chicago this year. Eight other stores followed last year, including three more in Seattle, two in San Francisco and three in Chicago.

mark mahaney rbc yelp survey

… The overall opportunity is huge.”Īmazon first opened an Amazon Go location to its employees as a beta in its Seattle home market in late 2016, and it opened the store to the public in January 2018. … Its in-store technology enables shoppers to have a very efficient and pleasant shopping experience. “Almost like the experience of shoplifting, except it’s legal, and you don’t need to hide the stuff in your jacket. “Amazon Go stores could be a game changer for physical retail experience,” said RBC analyst Mark Mahaney. 'The Experience Of Shoplifting-Except It's Legal' Even the many cameras overhead in the store were developed in house, the company said, declining to specify the cost. Andria ChengĪ said it spent several years developing technologies for Amazon Go before settling on the current combination of computer vision, sensor fusion and deep machine learning-technologies also used in self-driving cars. CNBC's Lora Kolodny contributed to this report.ĭisclosure: NBCUniversal is the parent company of CNBC.Sitting area outside the shopping area at Amazon Go. "If you've got (a) good product out there, especially if people shave back the overall (pay TV) bundle, we think they'll buy both Netflix and possibly Disney," Mahaney said.īeyond Disney's impending entry into the streaming space, other companies such as NBCUniversal and AT&T have also announced their intentions to launch similar services in the coming months. More than 70 percent of respondents in the RBC survey indicated they were willing to sign up for two or more platforms, he added. "We did our survey work here, we think the vast majority of consumers are perfectly willing to sign up for more than one service," he said. "I think there's actually also room in the market for Disney to succeed," Mahaney said.Įven as Disney laid out its goal of reaching 60 to 90 million subscribers within five years, Netflix is "on track" to having more than 300 million members globally by that point, he said, adding that there's room for both services to reach those scales. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit















Mark mahaney rbc yelp survey