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Amazon is really good at leveraging its semi monopolistic presence in different markets. Once you are big enough you only need to tweak a few parameters to domi
by Hokusai 5y ago
Amazon is really good at leveraging its semi monopolistic presence in different markets. Once you are big enough you only need to tweak a few parameters to dominate the market.
It's interesting how AWS uses egress to this effect. Your comment is very insightful.
- stadium 5y agoThey employ teams of economists to model price elasticity of demand. There are likely many orders of magnitude more than a few parameters. And they look at how a change in one product feature or pricing model cannibalizes or compliments other features and prices.