Amazon Routinely Beats Jet On Price

Jet doesn't beat Amazon on prices, new study finds.

If you think Jet, the upstart eCommerce site recently acquired by Walmart in a $3.3 billion deal, beats Amazon’s products on pricing, you might want to think again.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    A study conducted by Boomerang Commerce for Business Insider found that Jet’s prices were more than Amazon’s at least 44 percent of the time on 331 bestselling items, and Jet’s prices were only found to be lower 16 percent of the time.

    The study also found Jet’s prices to be 16 percent higher overall, and Amazon had a much larger overall inventory than its would-be rival.

    Brandon Young at Boomerang said Jet only appears to stock items that it can get a good deal on.

    “Where Amazon is an endless aisle and sells items forever, Jet is more flash sale,” Young told Business Insider.

    Although Young did think that, thanks to Jet’s acquisition by Walmart, both pricing and inventory could soon be improving.

    Advertisement: Scroll to Continue

    “They’re now dealing in much bigger volumes. They may be able to leverage that to get much bigger deals,” Young said.

    However, the study did not take into account Jet’s “secret sauce,” the eTailer’s propriety basket-building savings model that chops prices on items that can be shipped together. Business Insider said that Jet’s basket-building savings model adds about a 5 percent discount per basket.

    “For those items viewed on Jet, we are more frequently at parity with or below Amazon shipped and sold, but the more important point is that our baskets cost less when people shop smarter using our proprietary system,” Jet said in a statement.