01 December 2013

Online Retail, Amazon, Profitability

Online retail? -- better think niche markets, and consider using or associating with larger services like Amazon because it is cut-throat online --

Profits? Amazon Prefers Technology | MIT Technology Review: " . . . Even the most successful online retailer, Amazon.com, has a business model that leaves many people scratching their heads. Amazon is on track to ring up $75 billion in worldwide sales this year. Yet it often operates in the red; last quarter, Amazon posted a $41 million loss. Amazon’s founder and chief executive officer, Jeff Bezos, is indifferent to short-term earnings, having once quipped that when the company achieved profitability for a brief stretch in 1995, “it was probably a mistake.”. . ."

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