Amazon is driving head-on into UPS and FedEx
Shipping is a huge expense for Amazon. The company spent $21.7 billion on it worldwide in 2017, a 34% increase over the year before, and almost double what it spent in 2015.
You may axe; if the company spent 21.7 billion on delivering packages, who much did the company make?? Answer: 1.9 billion$ in the first quarter of 2017. Not too shabby.
According to The Wall Street Journal report, Amazon could save about $3 per package, or $1.1 billion annually, by having more control over its shipments over long distances. That would allow it to charge even less for goods, a key component of its strategy as rivals like Walmart and Target gear up their own responses to thwart Amazon.
Charge even less for goods; don’t believe it. When is the last time we ever saw any company cut prices. Once they have their hooks in, they NEVER cut loose.
In a odd way, I really can’t blame the Bezos for trying to cut costs?? Is it a good business practice?? Absolutely yes; BUTT no because he is steaming-rolling everyone that has helped him achieve the success he is experiencing.
When any company is making this kind of profit; I would assume that they would like to share in their good fortune. BUTT, I know that is not the way the game is played with the big blood suckers. Enough is never enough.
Years ago I read an article that stated; in the future there is only going to be 3 or less of everything; banks – oil companies – merchants and so on. It looks like to me that we are headed in that direction.
Let us not forget that competition is the best thing a consumer can have. Without it, the BIG BOYS can and will dominate and charge whatever they want.
10.00$ shades glasses from Walmart
What this kind of pattern demonstrates, making $$$$$ has become a game and an obsession with the high rollers. Enough for them, is never enough. When they go to a BUFFET (includes Warren), they want all the food not just enough to satisfy them. That is where the definition of HOG comes in.
1.a domesticated pig, especially one over 120 pounds (54 kg) and reared for slaughter.
synonyms: pig, sow, swine, porker, piglet, boar;informalpiggy“a prize-winning hog”
a feral pig.
a wild animal of the pig family, for example, a warthog.
informala greedy person.
2.informal trade mark in UKa large, heavy motorcycle, in particular a Harley Davidson.
3.Britisha young sheep before the first shearing.
1.informalkeep or use all of (something) for oneself in an unfair or selfish way.“he never hogged the limelight”
synonyms: monopolize, dominate, take over, corner, control“he hogged the limelight” antonyms: shareIt is a tremendous ambition for anyone to try and become as successful as possible; BUTT when they are literally, financially executing everyone in their path to achieve their goals, that is when I consider them HOGS,
I can’t help BUTT wonder if people like Bezos ever think of, or ever consider all of the people they are crippling because of their greed?? I really doubt it. If they cared, they would not be so aggressive.
Oink – Oink