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
This has the potential to be bigger than anything we've ever done.
In collaboration with our publishing partners, we're working hard to make the world's books instantly accessible anytime and anywhere,
In January, we shifted money from TV and print advertising to customers through lower prices and free shipping, ... We're pleased with the results.
Improvements in the year 2000 will not only be visible in terms of new products and services but should also likely be visible financially as well.
We try to be a pure investment and a long-term decision making company. No company cares more about profitability than Amazon.com. But I also want to make the most of our opportunity and we would hate to be short-sighted about that,
We're taking no chances in marketing this holiday season,
very happy as an independent company and very focused on continuing to be an independent company.
We've never tested and we never will test prices based on customer demographics, ... What we did was a random price test, and even that was a mistake because it created uncertainty for customers rather than simplifying their lives.
We see this as a win-win-win situation: good for readers, good for publishers and good for authors.
We've had three big ideas at Amazon that we've stuck with for 18 years, and they're the reason we're successful: Put the customer first. Invent. And be patient.
While we aspire to have much of the skills Toysrus.com has, it would be foolish of us to say we have it now, ... We're very good in books, but as we enter into new categories there is a learning curve, which gets expensive.
We did a lot this quarter. For the rest of 1999 we expect to invest more heavily than we have in the past.
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,
As the era of Internet sector investing comes to a close, it appears that investors are becoming more discerning about companies on an individual level, something we believe will result in a positive impact on the competitive landscape,