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by txcwpalpha 2454 days ago
I think it's more that Amazon has so much money that their version of market research looks much different than what you typically think of as market research.

Producing a new device, throwing it up on their website to sell, and seeing how well it does is Amazon's version of market research. It's "move fast and break things" brought into the hardware space. They actually even say as much in their description of the "Day 1 Editions" program, of which the Echo Loop is part of.

1 comments

Expect they're not breaking anything at all.
The "move fast and break things" motto doesn't mean actually "breaking" things. It means not being afraid of mistakes, because things that are "broken" or "wrong" can be fixed down the line.

In this case, Amazon is exhibiting not being afraid of releasing a possibly unsuccessful product, because they know they can iterate on it (or pivot, or exit entirely) later on.