(Community Matters)
Enlightening article on Amazon, Why Amazon Has No Profits (And Why It Works) by Benedict Evans.
With the growth of ecommerce to overall retail sales and the favorability of who buys online, I’m liking Bezos bets and thinking Amazon’s success less cyclical than brick & mortar retailers. (good summary on demographics of US online buyers,The Surprising Facts About Who Shops Online And On Mobile).
Hat Tip: Brett Hurt
Community Matters 