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> He knew in 2015, that if Facebook didn't have a platform it controlled, it would suffer down the line. People say this but Amazon is doing just fine in the r

by RC_ITR 4y ago

> He knew in 2015, that if Facebook didn't have a platform it controlled, it would suffer down the line. People say this but Amazon is doing just fine in the retail space. In fact for Facebook and Amazon, their biggest follies are trying to own the platform (Metaverse and Fire Phone). We have seen that owning a platform doesn’t mean owning everything and yet, perfectly good businesses waste a ton of time and money assuming that is the case.

LarsDu88 4y ago
I'm going to disagree here on Amazon. They did succeed in building/acquiring two hardware and OS level platforms. They were so successful you didn't even notice One is called Alexa and the other is called Ring. At the same time Amazon is a website that doesn't rely as heavily on your phones privacy setting (which Apple is currently using to mine your data btw!) Within the next 5 years I expect folks to be able to order things from their doorbells and Ring home security drones
- RC_ITR 4y ago
  > One is called Alexa and the other is called Ring. What share of Amazon GMV do you think is purchased on either? We’ve had Alexa for a decade now, and forcing a user to walk to their porch isn’t going to be the thing that makes voice ordering work.
- nivenkos 4y ago
  The Kindle too.
baby 4y ago
People can’t buy books on the kindle app. Fun.
- RC_ITR 4y ago
  Because Amazon chooses that to make a point. Notice how it's totally fine to buy goods in the Amazon app? You think that Amazon couldn't have used their leverage to make the same case for Kindle if they thought it was worth it? I'm not saying there is no value to owning a platform, it's just not as extreme as people make it out to be.
  - baby 4y ago
    My understanding is that they don’t want to pay a 30% cut to apple on every subscription or booked purchased
teratron27 4y ago
The profitable part of Amazon is AWS, their platform. Retail is loosing money

by RC_ITR 4y ago

LarsDu88 4y ago

I'm going to disagree here on Amazon. They did succeed in building/acquiring two hardware and OS level platforms. They were so successful you didn't even notice One is called Alexa and the other is called Ring. At the same time Amazon is a website that doesn't rely as heavily on your phones privacy setting (which Apple is currently using to mine your data btw!) Within the next 5 years I expect folks to be able to order things from their doorbells and Ring home security drones

RC_ITR 4y ago
> One is called Alexa and the other is called Ring. What share of Amazon GMV do you think is purchased on either? We’ve had Alexa for a decade now, and forcing a user to walk to their porch isn’t going to be the thing that makes voice ordering work.
nivenkos 4y ago
The Kindle too.

baby 4y ago

People can’t buy books on the kindle app. Fun.

RC_ITR 4y ago
Because Amazon chooses that to make a point. Notice how it's totally fine to buy goods in the Amazon app? You think that Amazon couldn't have used their leverage to make the same case for Kindle if they thought it was worth it? I'm not saying there is no value to owning a platform, it's just not as extreme as people make it out to be.
- baby 4y ago
  My understanding is that they don’t want to pay a 30% cut to apple on every subscription or booked purchased

teratron27 4y ago

The profitable part of Amazon is AWS, their platform. Retail is loosing money