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by TillE 3883 days ago
Amazon was a pretty successful bookstore, and then they acquired CDNow and became a pretty successful music shop as well. They weren't selling things for crazy low prices, they were just convenient and had a huge catalog.

By the time they moved to selling everything, it seemed like a stable business.

1 comments

> Amazon was a pretty successful bookstore, and then they acquired CDNow and became a pretty successful music shop as well. They weren't selling things for crazy low prices

Yes, they were. They built their customer base from day one on extremely deep discounts; that was always their big selling point.