February 10, 2022, 03:33 PM
stuffgeekCan someone explain to me how Amazon makes any money
Well they succeeded In closing all their competition- brick and mortar stores
Amazon makes money because the suppliers pay for shipping
February 10, 2022, 03:42 PM
NavyGuyquote:
Originally posted by erj_pilot:
Amazon Prime? Think of the millions of subscribers at $100+ a pop. I'm sure it cost next to nothing to stream movies and TV shows. Plus I'm sure there is a large population of people that pay additional money to either buy or rent non-Prime shows for the convenience of not getting off the sofa.
Well everything any company does is for a buck. You just need to decide if what they are offering for that buck is worth it to you.
February 10, 2022, 03:43 PM
beltfed21Sounds like USPS to me.
February 10, 2022, 04:32 PM
jhe888quote:
Originally posted by ChicagoSigMan:
with a mediocre low margin retail business attached.
Most retail is low margin. You have to be selling Gucci or Rolex to earn high margins in retail.
February 10, 2022, 04:36 PM
LS1 GTOquote:
Originally posted by beltfed21:
Sounds like USPS to me.
Only more efficient because they're non-union and politicians don't sow fear (through the media) if revenue requires cut-backs in service days or lay-offs.
Amazon not making enough profit to warrant four trucks on my street per day, they'll cut back to once a day or every other day.
February 10, 2022, 04:54 PM
V-Tailquote:
Originally posted by Sigfan Roy:
Volume
My uncle had a store. He lost thirty-eight cents on every sale, but he made it up with volume.
