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by InkCanon
532 days ago
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I find Bezos' statement to be a bit oversimplified. For example Temu (and virtually every other Chinese E commerce) wipes the floor with price and selection. Costco is cheaper than Walmart. Yet Amazon is vastly larger than both. |
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Customers want cheap goods. Caveat: They don't want (to know that) those goods are produced by slave labour.
Customers want a vast selection. Caveat: This should not include fake, shoddy or misleading listings
Customers want rapid delivery. Caveat: And they want it cheaply, or ideally for free, without breaking their stuff, at times they are home or in a manner they can receive the goods while away from home.
Etc.