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> I get that Amazon's retail profit margins are terrible Why do you think that? I get some 2-8% of the purchase amount via their Amazon Affiliate Program. Furt
by andirk 4y ago
> I get that Amazon's retail profit margins are terrible
Why do you think that? I get some 2-8% of the purchase amount via their Amazon Affiliate Program. Furthermore, their "Amazon Choice" or whatever it's called where they suggest 1 version of the product over the rest is often made by Amazon itself because they saw that someone else was profiting nicely off of it so they get in between and squash the competition.
Amazon is a pile, mostly.
- AdamH12113 4y agoI googled "Amazon profit margin" and found several sources saying their operating profit margin is a low single-digit percentage at best.
- andirk 4y agoThat's so nice of them to give me 8% on electronic purchases then. According to "Amazon profit margin", that means they're losing money because of me.