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>That is when the money will really be earned. That time is never going to come, others are not sitting idly either. :) - since I am not american I don't know
by frade33 12y ago
>That is when the money will really be earned.
That time is never going to come, others are not sitting idly either. :) - since I am not american I don't know the precise terms to define such situation. But as we would say 'more clients, more profits' but in the end, you start losing customers, when you charge even pennies more, and you become a victim of your own.
>They are competitive on EVERY product
This is the misconception, they are not being competitive at all. :) they are only being arsehole :) as I would call such competitor in my own industry.
Being competitive means, they quote prices which has profit, however they blow away the competition by virtue of either their skills or costs.
- bequanna 12y ago>But as we would say 'more clients, more profits' but in the end, you start losing customers, when you charge even pennies more, and you become a victim of your own. Huh? The whole point is that they won't have to raise prices, the future will yield infrastructure cost savings. Competitors will have higher costs vs Amazon. So, they can charge LESS and make MORE than their competitors. Seems like a pretty simple strategy; foregoing profit now for increased competitiveness later. >This is the misconception, they are not being competitive at all. :) they are only being arsehole :) How so? If their business practices make you upset, I suppose that is understandable. But your comment just sounds like sour grapes...
- frade33 12y ago>infrastructure To run an ecommerce business, you need IT, Warehousing, Logistics, (funding obviously just like any other biz) If you can generate tons of turnovers, vendors will lay down before you. What sort of infrastructure you were referring to., which other can not save on?