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Americans are rich enough that they don't just buy the very cheapest thing. A sizable portion of the customers will click on "Amazon's choice" or similar and sp
by 55555 4y ago
Americans are rich enough that they don't just buy the very cheapest thing. A sizable portion of the customers will click on "Amazon's choice" or similar and spend a few bucks extra. Consequently, the profit margins aren't that bad. The top spot for pretty much any product niche on Amazon is worth millions. If they can in-house just a few hundred, they've unlocked another billion dollars in value. You have a point, but they're trying to conquer the world. And frankly, when you own the marketplace, pulling it off is easy.