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Let's merge with QVC and crush Amazon!
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<blockquote data-quote="TooTechie" data-source="post: 1316014" data-attributes="member: 28388"><p>They had net income of $108 Million last quarter so they made a profit, however the sad part is they had just shy of 20 Billion with a B in revenue (19.74) Operating expenses were 19.6 Billion. </p><p></p><p>Amazon makes a ridiculous amount of money. The problem is it's leadership goes through it like water. Their CEO is too quick to spend. </p><p></p><p>The all you can eat free shipping for a fixed annual fee is a flawed model. While some people may not order enough, others definitely hit them hard. They need to get rid of that and get rid of the free shipping gimmick if your order is over x (while building it into the price) and just show the price for what it is and the shipping price for what it is and let consumers vote with their dollars.</p></blockquote><p></p>
[QUOTE="TooTechie, post: 1316014, member: 28388"] They had net income of $108 Million last quarter so they made a profit, however the sad part is they had just shy of 20 Billion with a B in revenue (19.74) Operating expenses were 19.6 Billion. Amazon makes a ridiculous amount of money. The problem is it's leadership goes through it like water. Their CEO is too quick to spend. The all you can eat free shipping for a fixed annual fee is a flawed model. While some people may not order enough, others definitely hit them hard. They need to get rid of that and get rid of the free shipping gimmick if your order is over x (while building it into the price) and just show the price for what it is and the shipping price for what it is and let consumers vote with their dollars. [/QUOTE]
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Let's merge with QVC and crush Amazon!
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