4 ms·
1.4% margins. Yowza.
by hyperbovine 17y ago
1.4% margins. Yowza.
- falsestprophet 17y agoLast I heard, they were outsourcing their fulfillment to UPS. I suspect that means forfeiting a great deal of their possible margin.
- potatolicious 17y agoI don't think so - I recall reading many articles on Newegg's novel fulfillment system (nearly fully automated warehouses). Sure, they do shipping through UPS, but which online retailer doesn't?
- falsestprophet 17y agoUPS does supply chain management. At one point, they were running the warehouse. Yeah, it looks like they don't anymore.
- sireat 17y agoThere are industries where 1.4% margins are acceptable(for example, supermarkets) and they might even be acceptable for computer parts, problem is that Amazon has ~5% margins.