Economic blackout
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wrote on 2 Mar 2025, 04:35 last edited by Steve Miller 3 Feb 2025, 04:37This post is deleted!
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This post is deleted!
wrote on 2 Mar 2025, 04:42 last edited by -
wrote on 2 Mar 2025, 13:43 last edited by
I wondered about Amazon's profit sources... subscriptions, or online sales???
https://fourweekmba.com/amazon-revenue-breakdown/ -
I wondered about Amazon's profit sources... subscriptions, or online sales???
https://fourweekmba.com/amazon-revenue-breakdown/ -
wrote on 2 Mar 2025, 14:13 last edited by
As for hard to find items....? I suppose if Amazon isn't the first place I go, but the last, that should make an impact.
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Even if you don't have a Costco nearby, a membership allows you to purchase online - often more items than are available at a local Costco... $65/year?
wrote on 2 Mar 2025, 15:04 last edited by@Rontuner thanks, I'll look into that.
My Amazon prime expires in April I think, so we'll keep it until then (unless I get a prorated refund?)
I already pay for prime, so taking that expenditure elsewhere makes sense. As much as I hate Walmart, I was thinking that I would prefer joining Walmart's program over staying with Amazon.
But Costco, yes, that would be much better.
But are a lot of things I can’t get anywhere else.
Maybe I don’t need them.
Yes, this is how my thinking is going....
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I wondered about Amazon's profit sources... subscriptions, or online sales???
https://fourweekmba.com/amazon-revenue-breakdown/wrote on 2 Mar 2025, 15:08 last edited by@Rontuner thanks Ron!
AWS is Amazon Web Services, which I'm pretty sure is the tech backbone for many, many university systems. I was surprised it's only <16%. Interesting.
But of course it's the online stores and third-party sellers at 65% that make up the biggest chunk.
What this chart doesn't show is that, probably the biggest reason for those sales numbers is because of those subscriptions, along with the purchase bundles non-subscribers do to get free shipping.
So without the subscriptions, people will shop elsewhere.
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@Rontuner thanks Ron!
AWS is Amazon Web Services, which I'm pretty sure is the tech backbone for many, many university systems. I was surprised it's only <16%. Interesting.
But of course it's the online stores and third-party sellers at 65% that make up the biggest chunk.
What this chart doesn't show is that, probably the biggest reason for those sales numbers is because of those subscriptions, along with the purchase bundles non-subscribers do to get free shipping.
So without the subscriptions, people will shop elsewhere.
wrote on 2 Mar 2025, 15:20 last edited by wtg 3 Feb 2025, 15:20@ShiroKuro said in Economic blackout:
AWS is Amazon Web Services, which I'm pretty sure is the tech backbone for many, many university systems. I was surprised it's only <16%. Interesting.
That was my first reaction until I looked at profit.
AWS is their profit maker.
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@ShiroKuro said in Economic blackout:
AWS is Amazon Web Services, which I'm pretty sure is the tech backbone for many, many university systems. I was surprised it's only <16%. Interesting.
That was my first reaction until I looked at profit.
AWS is their profit maker.
wrote on 2 Mar 2025, 15:56 last edited by@wtg said in Economic blackout:
AWS is their profit maker.
Ahh... yikes, this is a good illustration of the difference bw profit and revenue, I guess.
And it explains a lot, bc when I saw that pie chart, I was very surprised.
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wrote on 2 Mar 2025, 15:58 last edited by
I would imagine that AWS has fewer associated costs, the main costs are the tech infrastructure and the people managing the tech. Which is surely a much smaller number of people involved than sales, since product sales, require distribution logistics and people etc...
I have the impression that AWS was fully embedded as a major internet service provider before anyone even noticed.
I wonder if AWS does medical, like those "mychart" systems that hospitals and clinics use....
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wrote on 2 Mar 2025, 21:55 last edited by
Most of what I bought on Amazon I can also find on eBay--usually from the same sellers.
Otherwise, you can visit Amazon, look at the name of the seller, and then buy from them directly. It is often actually cheaper that way.
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wrote on 2 Mar 2025, 21:57 last edited by
Another option is join a local community "Buy Nothing" group. People do swaps and freebees on there. Our town has one online. Or, whenever you need something, post in your online neighborhood group what you need and see if someone local is selling it.
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wrote on 2 Mar 2025, 22:59 last edited by RealPlayer 3 Mar 2025, 02:29
Piqué, on the subject of Buy Nothing groups, I found that (at least around here) they are HYPER local. So local, that on this island of about 490,000 people the groups are only about a few blocks in size...even smaller than what I would call a neighborhood. It might be hard to find what you want, or find a taker for what you have. Often you have to extend your reach farther than that. So examine the geographical breadth of your various local groups. You may also find that some groups are not called Buy Nothing, but have some different name, and different rules.
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wrote on 4 Mar 2025, 04:47 last edited by
That is so New York. I promise you, we do not have that issue here. In fact, the buy nothing group here includes communities that are as much as an hour's drive from town.
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wrote on 5 Mar 2025, 20:11 last edited by
A 40-day Target boycott starts today. It couldn’t come at a worse time for the company
https://www.cnn.com/2025/03/05/business/target-boycott-jamal-bryant/index.html
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A 40-day Target boycott starts today. It couldn’t come at a worse time for the company
https://www.cnn.com/2025/03/05/business/target-boycott-jamal-bryant/index.html
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wrote on 5 Mar 2025, 21:03 last edited by
When spring break gets here (two weeks away!) we're gonna make a pilgrimage to the "big city" and go to Costco (and the bigger Japanese grocery store).
Target and Amazon can suck it.
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When spring break gets here (two weeks away!) we're gonna make a pilgrimage to the "big city" and go to Costco (and the bigger Japanese grocery store).
Target and Amazon can suck it.
wrote on 5 Mar 2025, 21:17 last edited by wtg 3 May 2025, 21:22@ShiroKuro said in Economic blackout:
go to Costco
Ha! Glad you said something. Saw this literally 5 minutes ago:
Costco membership deal: Costco is now offering a bonus $20 digital Costco Shop card on top of a Gold Star Membership price of $65 for your first year. On top of that, this offer will give you a free additional household card.
Some of Costco’s most loved services are Costco Optical prescription glasses center, Costco’s gas program (where you can gas up your vehicle for discounted member prices) and the hot food options, including the beloved $1.50 hot dog and soda combo.
Note that when you purchase this deal, you will be sent redemption instructions via email; you must redeem your membership online before you shop at Costco. The $20 Costco card will be emailed to you within two weeks after you redeem it.
If you don't find a Costco membership works for you, they will refund your membership fee, no questions asked.
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@ShiroKuro said in Economic blackout:
go to Costco
Ha! Glad you said something. Saw this literally 5 minutes ago:
Costco membership deal: Costco is now offering a bonus $20 digital Costco Shop card on top of a Gold Star Membership price of $65 for your first year. On top of that, this offer will give you a free additional household card.
Some of Costco’s most loved services are Costco Optical prescription glasses center, Costco’s gas program (where you can gas up your vehicle for discounted member prices) and the hot food options, including the beloved $1.50 hot dog and soda combo.
Note that when you purchase this deal, you will be sent redemption instructions via email; you must redeem your membership online before you shop at Costco. The $20 Costco card will be emailed to you within two weeks after you redeem it.
If you don't find a Costco membership works for you, they will refund your membership fee, no questions asked.
wrote on 6 Mar 2025, 00:17 last edited byThanks @wtg !!
@wtg said in Economic blackout:
If you don't find a Costco membership works for you, they will refund your membership fee, no questions asked.
This is good, because we live far away enough from it that we would have to find we can use the online shopping option enough. Like, the gas card isn't going to do anything for us, nor the hot food options.
