Join  |  Login  |   Cart    

Notary Rotary
Just PoliticsLeisure
Welcome to the Notary Talk General Discussion Forum. Before posting, please read the


Re: Interesting fact about Amazon....
Posted by MikeC/TX of TX on 5/4/16 5:27pm Msg #551219
"it took Amazon 9 years before they made any profit."

That's true, Cari, but the reason they were unprofitable is because they've been intentionally giving profit away in a effort to gain market share - which in the NSA world would be like cutting your price in order to get "volume". The reason they finally turned a profit has less to do with their core business than it does with their "cloud" services (AWS), which I'd be willing to bet the average Amazon shopper doesn't even know exists.

I agree wholeheartedly with your ultimate message - stick to your guns, and don't settle for less than what you're worth - but unless you're planning to branch out into commercial cloud computer services, Amazon is not really a good example of how to do it... Smile
PrevNextReturn to General Discussion    Post a Public Reply to this MessageSend Author a Private Message


Messages in this Thread
 Interesting fact about Amazon.... -  Cari on 5/4/16 9:54am
 Re: Interesting fact about Amazon.... - MikeC/TX on 5/4/16 5:27pm



 
Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
 
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2024, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.