Satyapu Pant, cofounder of a logistics business that sells bulk goods to consumers and merchants, says that Amazon has slashed its price on everything from bulk shipping to electronics to furniture to toys.
“This is a good thing for consumers,” Pant told Fortune.
“We have a very competitive environment.
And it’s good for sellers, and it’s great for sellers because the pricing is going down.”
Pant said Amazon has offered him a 10% discount on his items.
Pant said that it is “very, very rare” for Amazon to change its pricing when it comes to its competitors.
“I don’t think Amazon will go above 10% for any item.
We’re always very careful to look at what other retailers are doing,” Pant said.
“You never know what they’re going to do.
Amazon has a really high level of transparency.
You never know where they’re thinking they’re making a deal.
Amazon will just make the deal that they think they can get away with, which is that they don’t care about what other sellers are doing.”
Pant has noticed a lot of changes in Amazon’s pricing for some of his items, especially the items he sells online.
“My Amazon items have gone up from $5 to $20.
The price of a Kindle has gone up by $100,” Pant explained.
Pant added that Amazon prices his items at a discount to competitors, “because they don.t want to take a risk.”
“You can’t beat the prices they are willing to take,” Pant added.
Amazon did not immediately respond to a request for comment.
Pant’s business has been growing for the past few years.
Pant sells a variety of goods online including Amazon’s own e-commerce sites and online stores, such as Amazon.com.
Pant is the founder of Pant & Boots, a clothing and accessories company.
He is also the CEO of Pant Supply, a company that sells supplies to retailers.
Pant has also been featured on Fortune magazine.
Pant also recently launched a company called Pant, which he says is a way to grow his business without selling to Amazon.
Pant believes Amazon has “done something great for the world” by lowering prices on its competitors and expanding its own distribution network.
Pant, however, also said that Amazon “lacks innovation” and that “they don’t do enough to grow their business.”
Pant, who lives in San Francisco, told Fortune that Amazon should not be considered an enemy.
“It’s not that Amazon is bad.
It’s just that Amazon isn’t innovating,” Pant stressed.
Pant and his business partners said that there is nothing they can do about Amazon’s price cuts, saying that they are confident that Amazon will not change its prices again in the future.
“If Amazon continues to go up in price, and they keep cutting, I don’t know what we’re going, going to look like,” Pant noted.
“But if we keep going up, and Amazon continues its price cuts and their pricing continues to come down, I’m sure they’re just going to keep cutting.”
Pant is looking forward to the upcoming holiday season, when Amazon’s holiday sales will be coming into full force.
“There’s a lot that we want to do, and we’ve been working on a lot,” Pant concluded.