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And Amazon makes $200m or so from them, based on the margin figures.
by justincormack 11y ago
And Amazon makes $200m or so from them, based on the margin figures.
- jsnell 11y agoThat $70M is clearly their total sales, not their net income. And I'm pretty certain that when Amazon is acting purely as a marketplace intermediary, they won't be counting the full value of the order as revenue. So Amazon is making something like $7-10M a year from them.
- mdorazio 11y agoI'm trying to figure out what their net income looks like, and I don't think it's much. They've got 16 customer service reps, over 100 packers, who knows how many other employees, refunds and replacements to deal with, plus the warehouse lease that all have to come out of their margin. What they're doing is still impressive, but they're not taking home Apple-level profits any time soon.
- oneloop 11y ago10-15% of 70m is 7-10.5m