Monday, October 28, 2013

Amazon's "Profitless" Strategy is its Strategy

Amazon confounds many observers, who worry that Amazon “never” will improve its profit margins, or perhaps even make any profits. Supporters might say the profit margin strategy is intentional, structural and part of Amazon’s core approach to future domination of retail.

Others say Amazon could become profitable if it chose, but simply chooses not to do so. But Amazon profit margins are a part of its business strategy, even detractors might agree.

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Yes, Follow the Data. Even if it Does Not Fit Your Agenda

When people argue we need to “follow the science” that should be true in all cases, not only in cases where the data fits one’s political pr...