Quote:
Originally Posted by crockett
You are assuming Amazon is making that money. Amazon is simply a market place where people/companies sell things. It's not always the cheapest place to buy but rather the market dictates the price because Bezos managed to corral a bunch of stupid people into his own version of wallmart online. The bulk of those people are too stupid to compare prices much less check for lower than the buy box prices on Amazon it's self..
He is rich because he is making a few % on every sell on that platform and there is roughly 26.5 million sales a day.
Amazon it's self is selling directly a very small percentage of that 26 million items per day. The bulk is other companies selling on the Amazon platform.
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After talking directly with the company via phone a few hours ago i can confirm in this instance they are indeed making that money, i cannot speak to other items. But i have always shopped around for other sellers even on Amazon as i discovered a long time ago in 1999 when i made my first purchase on Amazon that they are not always the cheapest. Their appeal is the convenience of getting all the crap you don't really need in one place
