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> Why cut revenue to nearly half? Because, to quote Jeff Bezos, your margin is my opportunity. And did he ever squeeze every drop from that opportunity. Just a
by rstuart4133 2mo ago
> Why cut revenue to nearly half?
Because, to quote Jeff Bezos, your margin is my opportunity. And did he ever squeeze every drop from that opportunity. Just ask the brick and mortar stores in your street.
> I’m not convinced that basic economics works when output capacity isn’t fully scalable.
Economics works for land, which isn't scalable.
> Same reason no lawn care team tries to deeply undercut competitors
That works right up until Fred down the road loses his job, and then it dawns he could be making more money with his mower because of those sweet fat margins those other lawn care people thought they could keep all to themselves.
- lenkite 2mo ago> Because, to quote Jeff Bezos, your margin is my opportunity. And did he ever squeeze every drop from that opportunity. Just ask the brick and mortar stores in your street. Sure and now after having become the Shoggoth monopoly, Amazon is now increasing fees. Squeeze your competitors out via unlimited money and then begin to squeeze your customers after you become of the lone poles in the forest.
- rstuart4133 2mo agoWhat part of "Amazon's margin is a competitors opportunity" aren't you groking?
- lenkite 2mo agoThe one where being the dominant player and executing anti-competitive practices removes any opportunity. Being a sufficiently big bullying tree chokes out all future undergrowth for others