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A. Amazon's retail margin is nearly zero. B. California is <0.5% of world population; IDK how much of Amazon's worldwide revenue.
by paulddraper 2y ago
A. Amazon's retail margin is nearly zero.
B. California is <0.5% of world population; IDK how much of Amazon's worldwide revenue.
- malfist 2y agoI see this parroted around a lot, but Amazon's retail margin is not nearly zero. It's 3-5%, and accounts for over half the profit the company makes. And that's even before you account for the "profit" AWS makes from retail's purchases
- paulddraper 2y ago3-5% is a heck of a lot closer to 0 than 100%. Quoting top-line is misleading.
- malfist 2y agoI encourage you to provide examples where a business has 100% profit margin