93 ordspråk av Jeff Bezos

Jeff Bezos

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[In connection with the restructuring, Amazon said it will take a charge against earnings of more than $150 million in the first half of 2001.] No company enjoys making such a decision, and it's always difficult and painful ... But it was clearly the right business decision for us as we pursue making this into a profitable company.

We'll ferociously manage the products we carry so that we sell only products that are profitable, ... The thirty-pound box of nails isn't long for our world.

For the fifth consecutive quarter, we saw substantial improvements in our operations and bottom-line performance, ... Electronics demonstrated especially strong growth and improvements.

It would make sense to add one or two additional board members.. to increase even further [our] operational expertise,

These price cuts ... do pressure our margins, but at the same time what they do is drive a lot of volume which helps us because we have a high fixed-cost structure,

We get to move more units across that same fixed-cost structure. So it does help our business and help customers at the same time,

very happy as an independent company and very focused on continuing to be an independent company.

What I can tell you is in the first few weeks of this quarter...we are continuing to see good books unit growth,

We lowered prices so significantly over the last 15 months, there have been five significant price reductions,

The most aggressive of them all was to make shipping free for orders over $25, ... So $25 is a very low hurdle for customers to cross -- almost every order can qualify.

When there's uncertainty in the economy, people get very rational about their spending.

In January, we shifted money from TV and print advertising to customers through lower prices and free shipping, ... We're pleased with the results.

While free shipping is expensive for the company, it saves our customers tens of millions of dollars each quarter, and we plan to keep it in place indefinitely,

perhaps the most expensive thing we've done since free Super Saver shipping.

It's expensive, but it has a lot of benefits ... for Amazon and Amazon shareholders. It not only saves them on shipping; it changes the way they think about and use Amazon. We've seen significant lift in Amazon Prime members. It's a short-term investment, [but] one of the most important things that we're doing over the long term.

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