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I 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
by malfist 2y ago
I 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