homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / WebmasterWorld / Ecommerce
Forum Library, Charter, Moderators: buckworks

Ecommerce Forum

Fresh Air interview about Jeff Bezos and Amazon
Brad Stone discusses his book, "The Everything Store"
Robert Charlton

WebmasterWorld Administrator robert_charlton us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

Msg#: 4617637 posted 9:47 am on Oct 18, 2013 (gmt 0)

Podcast and transcript....

One-Stop Shop: Jeff Bezos Wants You To Buy 'Everything' On Amazon
October 14, 2013 - trt 38:11

In his new book The Everything Store, Brad Stone chronicles how Amazon became an "innovative, disruptive, and often polarizing technology powerhouse." He writes that Amazon was among the first to realize the potential of the Internet and that the company "ended up forever changing the way we shop and read."

Amazon started off selling books, but Jeff Bezos, Amazon's founder and CEO, always had the intention of turning it into an online market that sold everything.

But [Amazon] does create enormous downward price pressure. It's one of the things that merchants, or manufacturers don't really appreciate about Amazon. But as an Amazon shareholder or analyst will tell you, profit, frustratingly, is not something that Bezos or Amazon are after. They're after customer loyalty. They want to lock up the market. They want customers to make Amazon their destination for all of their shopping. So he's had this long-term view of that's the way to conduct his business, and profits are very low down on the list of his priorities.

I found this to be a completely engrossing interview. Hard not to admire Bezos, and at the same time to come away from the interview not liking him.



WebmasterWorld Administrator lorax us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

Msg#: 4617637 posted 12:12 pm on Oct 18, 2013 (gmt 0)

Amazon is the Walmart of the online world IMHO. I both hate and love them. You're right in that it's hard not to admire what he's built up. But I loathe how they squeeze vendor prices and are ruthless with competitors.

Global Options:
 top home search open messages active posts  

Home / Forums Index / WebmasterWorld / Ecommerce
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved