Sunday, March 01, 2009

Jeff Bezon on Charlie Rose - interview



Jeff Bezos

1. amazon
- launched 1995
- by 2001, stock price 95%
- today, increased profit and inventory to include digital downloads and more
- kindle 2 launch this past week.

2. kindle 2
- ipod of reading

3. amzn and the economy
- not a good barometer on economy
- been around for 14 yrs (wow!)
- operating efficiency to have low prices (great value proposition)
- half of biz inside US
- china is small part of business
* adapt to local biz conditions (carriers, and COD)

4. bezos
- optimism on the world
* clean tech --> inventions ---> efficiency ---> motivation ---> optimism

4. customers
- people are similar all over the world
- want lowest prices
- vast selection
- accurate fast convenient delivery
- customers write customer reviews (even in japan)

1 comment:

Anonymous said...

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Thanks and good luck everyone! ;)