Amazon is known for taking losses on their profit margin just to kill of competition or pursue a larger purpose.
Their retail sector was only generating 3% margins when I was in the ecom space back in 2013. The goal was completely own the space and gain prime members to push the additional more profitable products.
Amazon is known for taking losses on their profit margin just to kill of competition or pursue a larger purpose.
Their retail sector was only generating 3% margins when I was in the ecom space back in 2013. The goal was completely own the space and gain prime members to push the additional more profitable products.