Jeff Bezos
Jeff Bezos
Jeffrey Preston "Jeff" Bezosis an American technology entrepreneur and investor. He has played a role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products and services, most recently video streaming. Amazon.com became the largest retailer on the World Wide Web and a model for Internet sales...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth12 January 1964
CityAlbuquerque, NM
CountryUnited States of America
We did a lot this quarter. For the rest of 1999 we expect to invest more heavily than we have in the past.
We are thrilled to have Joe at Amazon.
We believe there's a tremendous opportunity ahead across the $5 trillion retail market globally.
We're very proud of the year over year growth that we did see. At the same time, we made progress in our operating loss as a percentage of sales, which is something we really wanted to do.
We invite authors to communicate with their readers in a way that hasn't before been possible. Amazon Connect brings the author's message to the reader instead of waiting for the reader to find the message.
We're building a unique global platform...In the last 18 months we found that sellers and partners are interested in complementing their online and offline businesses with Amazon's platform,
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,
We have had so many discussions with so many different publishers that it isn't practical to keep it under wraps, ... Too many people know about it.
One of the things that is most important for a company is to be very clear about their strategy, so investors get to self-select as to whether or not that's the right strategy for them. I think we've done a very good job about being clear that we're a long-term focused company,
When there's uncertainty in the economy, people get very rational about their spending.
E-mail has some magical ability to turn off the politeness gene in a human being.
If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
We were optimistic when we wrote our initial plan, but we've vastly exceeded those expectations. The key thing we have done and the reason we have been success if we've focused entirely on creating a value proposition for the customer. Books are the best product to sell online,
We lowered prices so significantly over the last 15 months, there have been five significant price reductions,