The Best Thing About Amazon Was Never Going to Last | If shopping on the site feels different now, that’s because it is::If shopping on the site feels different now, that’s because it is.
The Best Thing About Amazon Was Never Going to Last | If shopping on the site feels different now, that’s because it is::If shopping on the site feels different now, that’s because it is.
Amazon is the mall Best Buy is paying rent too. It’s not a store itself but overhead the store pays.
To use your example if the cost of the cables is $2 and the selling price is $20, Amazon’s rent is $10 of that. Leaving $8 as Best Buy’s profit margin.
Exactly. Amazon is essentially running a huge chunk of a retail business for their customers, the people buying and selling products. The reason you pay these fees is so you don’t need to run a website, build and maintain warehouses, pay staff like HR, etc etc