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'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 believe that over time this could turn into a significant business for Amazon, significant revenue stream for publishers and authors and a helpful customer service for readers,
Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online.
There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.
If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
Our premise is there are going to be a lot of winners. It's not winner take all. Other people do not have to lose for us to win.
I'm not saying that advertising is going away. But the balance is shifting. If today the successful recipe is to put 70 percent of your energy into shouting about your service and 30 percent into making it great, over the next 20 years I think that's going to invert.
I think one of the things people don't understand is we can build more shareholder value by lowering product prices than we can by trying to raise margins. It's a more patient approach, but we think it leads to a stronger, healthier company. It also serves customers much, much better.
We watch our competitors, learn from them, see the things that they were doing for customers and copy those things as much as we can.
Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
Your brand is what people say about you when you're not in the room
If you can't feed a team with two pizzas, it's too large.
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.