The Mall Is in Your Hand

Recs

2

Panic 2008... Profit 2009!

Fool -- Now's the time to invest! David and Tom Gardner's new book reveals their strategy for million dollar wealth.

Apple (Nasdaq: AAPL) has sold a ton of Macs and iPods through Amazon.com (Nasdaq: AMZN). Now it's time to return the favor.

Amazon Mobile launched this morning, a free app to give iPhone and iPod Touch owners the freedom to stroll Amazon's virtual aisles and make purchases right from their smartphones.

Uh-oh. This free app could get pretty expensive for Amazonoholics.

The neatest feature of the program is Amazon Remembers. It allows potential buyers to take snapshots of any item they see in the real world. The photo gets sent to Amazon, where a dedicated user community identifies the product or suggests an alternative.

That may sound archaic, I know. There is already at least one iPhone app that lets you take a picture of the cover of any media product -- a CD, book, or DVD -- and it uses image-recognition technology to immediately spit out the title and comparable prices. However, even that catalog is limited, given the breadth available in dozens of product categories through Amazon.

Users can simply punch UPC codes into the Amazon search box, but the Remembers feature is great for spotting objects in the wild, long after they have shed their packaging.

Either way, the delayed response is probably an unintentional feature. If it gets back to you with the product long after you've left the store, that makes going with Amazon all the easier, even if the online merchant doesn't offer the lowest price.

I decided to kick the tires. I took a snapshot of an old Canon PC980 personal copier that I figure hasn't been made in years. A few minutes later, Amazon Remembers came back with a similar Canon copier. In short, it works. I went back to Amazon.com itself to confirm that it does not sell the PC980 itself, and that was correct. There is only one third-party merchant that sells PC980 cartridges.

So what does this mean for Amazon and its 9,000 merchant partners? You have to love the timing of the app's release, just as deal-seeking shoppers are hitting the malls for their holiday shopping. Now they will have instant -- or at least nearly instant -- affirmation that they are getting the best deal out there. Amazon's merchant list includes some of the heavy hitters such as Target (NYSE: TGT) and Macy's (NYSE: M), even though Target already has its own App Store program. Retail is sure loving the iPhone. Even eBay (Nasdaq: EBAY) has a mobile platform for its auction marketplace.

Apple and Amazon are certainly not always going to be friends. They compete against one another in the digital delivery of music and video. However, during what promises to be one of the most competitive holiday shopping seasons in some time, Apple and Amazon realize that they are better friends than fighters.

Other stories with more oar than lore:

"The most exciting development in my lifetime!" 15 years ago, Motley Fool founder David Gardner uncovered a secret that changed how he'd invest forever. It can make you money in up, down, and rollercoaster markets. To learn more, enter your email address now.

eBay, Amazon.com, and Apple are Motley Fool Stock Advisor recommendations. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz wonders whether he should just shut off his iPhone before he runs up a huge bill. He owns no shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy, and it knows a thing or two about shopping around.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 787172, ~/articles/articlehandler.aspx, 1/6/2009 5:28:30 PM

Sign up for FREE Motley Fool site access to keep reading:

“The Mall Is in Your Hand”

Signing up allows you to comment on articles and on the discussion boards.

It's completely FREE and will take only 10 seconds.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

What Fools Are Saying

Most Recommended

Jan 6 at 4:04 PM

Market Summary

DJIA 9,015.10 +62.21 +0.69%
S&P 500 934.70 +7.25 +0.78%
NASD 1,652.38 +24.35 +1.50%
Sponsored by:

Related Tickers

Apple, Inc.

CAPS Rating 3/5 Stars

$93.02

-1.56 (-1.65%)

Outperform19558

Underperform1595

Rate This Stock