“When a Jet customer orders a product, a Jet employee goes to the actual online retailer’s website and orders the product. It’s then shipped to the Jet customer’s home.
While Jet is losing money – a lot of money – on every sale, it plans to make up for the losses by dealing in huge volume. No, I’m not kidding. The company’s business model is to build a huge client list by taking these losses and then, eventually, turn a profit by charging its users a $50 membership fee. A recent Wall Street Journal test of the website revealed the company lost more than $200 on the sales of 12 items.”
You veteran guys see any “value” at all with jet.com’s offerings? (I suspect not!)