>Here's a crazy idea: Don't use analytics at all but focus on your product. If your success relies solely on "improving conversions" by tracking your users and then changing the position and color of your "Checkout" button then maybe try setting yourself apart such that customers want to buy your product even despite an obnoxious purchasing flow. Only then start optimizing it.
This is part of why costco is so successful. When I buy a kirkland brand item, I know with like 95% confidence that I'm getting a quality product. Not only that, but they go through heroic lengths to vet the other products that they put out. If you buy extra virgin olive oil at costco, it's very likely that it's pure extra virgin olive oil.
They turned retail on its head after 30 years of abuses by people focused on quarterly earnings and selling their brand into the ground. Instead of making the product as shitty as possible and charging as much as possible, costco hard caps their margins and will then invest money to optimize their suppliers manufacturing process to pass the savings along to their customers.
The big thing with costco is trust. I trust them and their products because they've earned it. In the rare event something is wrong with their product, they'll make it right with basically no questions asked. They used to do this to an absurd degree until people started abusing it.
Compare that to the amount of vetting I have to do for almost every amazon purchase now. It's a huge headache, and there's a lot of stuff I just won't buy off of amazon anymore.
Absolutely. Even though I find the Costco in-store experience stressful and the online experience lacklustre, I put them at the top of my list for all of my non-fashion shopping (unless I'm looking for dad clothes). I can always trust their products will be as high or better quality than anywhere else, and at the best or close to best price. And I have no worries about returns.
Compare that to Amazon, which I have zero trust in. I absolutely can't trust the reviews, and I can't trust any products are genuine (even for minor things: my last purchase several months ago were steel wool dish scrubs - name branded, but I'm certain they were fake). I also don't trust them to do anything about it, because I've reported fake reviews, and fake products several times, and all of those sellers are still selling with thousands of 5 star reviews. The only thing it has going for it is price and convenience.
The latest trend on Amazon seems to be selling items packaged for non-us markets and shipping them to us customers. I bought a two pack Duracell lr44 battery and I think the entire packaging is in Turkish? Or maybe some Eastern European language. Regardless, the battery is definitely not packaged in a way that’s legal to sell in America and the Amazon page did not say it would be packaged for another country. Super shady. And I’m not even sure how to tell if it’s not 100% fake and not just the packing for another country.
It would never occur to me to care, at all, whether something as trivial as a dish scrubber was a genuine name-brand item. What difference does it make? I suppose this is why I have experienced none of the trust issues people have begun talking about with Amazon, recently.
I think you're missing the point. The brand is irrelevant. The point is if they are faking the brand, you can no longer trust the integrity of the product at all.
In this case, it began deteriorating with steel 'hairs' coming undone immediately after first use. Should I be concerned about that? Is it even steel wool or another material? If the latter, is it safe and tested against items that humans will be consuming food from? Is it sterile? Were some other chemicals used to treat it for something as trivial as attempting to match the colour of the brand?
I echo your sentiments on Costco but this is an argument for different metrics, not an argument against analytics.
There is no chance that Costco doesn't use analytics. They might not A/B test their online button colors for highest conversion rate, but I'd bet they have their own set of analytics to determine product quality, sales, returns, viability, etc.
This, thank you. I feel like people are making big assumptions about what "analytics" are that don't even begin to cover the whole spectrum of analytics.
This is part of why costco is so successful. When I buy a kirkland brand item, I know with like 95% confidence that I'm getting a quality product. Not only that, but they go through heroic lengths to vet the other products that they put out. If you buy extra virgin olive oil at costco, it's very likely that it's pure extra virgin olive oil.
They turned retail on its head after 30 years of abuses by people focused on quarterly earnings and selling their brand into the ground. Instead of making the product as shitty as possible and charging as much as possible, costco hard caps their margins and will then invest money to optimize their suppliers manufacturing process to pass the savings along to their customers.
The big thing with costco is trust. I trust them and their products because they've earned it. In the rare event something is wrong with their product, they'll make it right with basically no questions asked. They used to do this to an absurd degree until people started abusing it.
Compare that to the amount of vetting I have to do for almost every amazon purchase now. It's a huge headache, and there's a lot of stuff I just won't buy off of amazon anymore.