#everythingstore — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #everythingstore, aggregated by home.social.
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Amazon Echo News (2023): Echo Show 5, Echo Buds, Echo Pop - The four new smart home gadgets—headphones, speakers, and smart displays—extend Alexa’s r... - https://www.wired.com/story/amazon-echo-news-2023/ #gear/products/smarthome #gear/gearnewsandevents #everythingstore #gear
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Amazon is *very* proud of its #flywheel: at first, the company offered subsidies to customers, which lured in sellers. Then, it demanded that those sellers lower their prices, which lured in more customers. With more customers, more sellers piled in. Faster and faster, the flywheel spins, creating the #EverythingStore:
https://fourweekmba.com/amazon-flywheel/
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CW: Long thread/5
And Amazon sold us Prime, getting us to pre-pay for a year's worth of shipping. Prime customers start their shopping on Amazon, and 90% of the time, they don't search anywhere else.
That tempted in lots of business customers - Marketplace sellers who turned Amazon into the #EverythingStore it had promised from the beginning. As these sellers piled in, Amazon shifted to subsidizing suppliers. Kindle and Audible creators got generous packages.
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