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(Slate)   Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains, which is why it will one day destroy us all   (slate.com) divider line 114
    More: Scary, Amazon, Best & Co., Henry Blodget, The Washington Post Company, special dividend, Jeff Bezos, leveraged buyouts, market capitalization  
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9379 clicks; posted to Main » on 13 Dec 2012 at 10:53 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-13 12:17:04 AM  
I will slap subby, if I ever find him, for putting the "scary" tag on this.

/fark Mitt Romney, the Koch brothers and the Hostess investors(and all other opportunistic investors) in their wrinkled undersized hearts
 
2012-12-13 12:49:39 AM  

Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

/fark Mitt Romney, the Koch brothers and the Hostess investors(and all other opportunistic investors) in their wrinkled undersized hearts


Fark them?

I would like us to start hanging people who ruin lives. If a person shoots another person, really only a handful of people are negatively impacted. Your family member is slain, things are rough for you maybe, but overall the country doesn't even notice. (unless you're Batman) But when you drive a company the size of Hostess out of business with predatory business practices and try to scapegoat unions who want total in bennes what one of your executives makes in a year and succumbing to mistakes anyone with a B in high school econ could point out you should be hung by the neck until dead. It is much, much worse than mere murder of an individual.
 
2012-12-13 01:06:43 AM  

Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.


"Scary" tag is perfectly appropriate. Amazon is pursuing the same strategies that made Walmart what it is today.
 
2012-12-13 09:39:19 AM  

doglover: But when you drive a company the size of Hostess out of business with predatory business practices and try to scapegoat unions who want total in bennes what one of your executives makes in a year and succumbing to mistakes anyone with a B in high school econ could point out you should be hung by the neck until dead. It is much, much worse than mere murder of an individual.


If you want some help with that, I tie a decent noose. Though I think the guillotine is probably faster and more symbolic of how people traditionally dealt with these people.
 
2012-12-13 10:01:48 AM  
B-b-but shareholders!
 
2012-12-13 10:54:57 AM  
Here we go.

/Love craft beer
//and homebrew
 
2012-12-13 10:55:12 AM  
Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains

If they outsource management over seas, I might invest.
 
2012-12-13 10:56:37 AM  
you know how there are people out there who are unwaveringly loyal to apple, and will buy any apple product and act like it's the greatest product ever, and will wait in line to buy the new iphone12, and will adamantly defend all of apple's business practices to the point of absurdity, and everyone mocks them for it?

i'm beginning to feel that way about amazon. i love amazon. they can do no wrong.
 
2012-12-13 10:56:59 AM  
Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains.


That's also just called a good business plan. Just ordered myself a gross of toilet paper. I don't care how much it snows. I'm ready.
 
2012-12-13 10:58:14 AM  

TheKingHippo: Here we go.

/Love craft beer
//and homebrew


One down brosef
 
2012-12-13 10:59:51 AM  
Amazon's share price has nearly tripled over the last five years. That will keep your investors happy.
 
2012-12-13 11:00:18 AM  

Biness: Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains.


That's also just called a good business plan. Just ordered myself a gross of toilet paper. I don't care how much it snows. I'm ready.


My toilet paper looks gross when I'm done wiping. I don't have to order it pre-grossed.
 
2012-12-13 11:01:07 AM  
As a customer I love them.

As a support engineer with a service request from them right now, not so much. Abso-farking-lutely ridiculous request. Rudely demanding, with no standing to be so. Probably just the person, but man is she a poor reflection.
 
2012-12-13 11:01:07 AM  

Biness: Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains.


That's also just called a good business plan. Just ordered myself a gross of toilet paper. I don't care how much it snows. I'm ready.


I have been assured that immediate cost-cutting measures guaranteed to return an immediate profit are always desirable and always ensure long-term sustainability.

/Living in heavily conservative Kentucky may explain that.
 
2012-12-13 11:01:11 AM  
A business planning for the long-term instead of the next quarter? That's Unamerican!
 
2012-12-13 11:01:40 AM  
I hadn't ordered from Amazon for years but recently I picked up Amazon Prime and farking love it. Amazon won my heart over for now. If they start screwing me over then I will just pack up and take my business elsewhere.
 
2012-12-13 11:02:21 AM  

Cybernetic: Amazon's share price has nearly tripled over the last five years. That will keep your investors happy.


Shareholders will still say it's inadequate and pressure the business to do stupid shiat for short-term gains while undermining the business as a whole. I hope they resist that.
 
2012-12-13 11:04:40 AM  

Dimensio: Biness: Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains.


That's also just called a good business plan. Just ordered myself a gross of toilet paper. I don't care how much it snows. I'm ready.

I have been assured that immediate cost-cutting measures guaranteed to return an immediate profit are always desirable and always ensure long-term sustainability.

/Living in heavily conservative Kentucky may explain that.


Its just smart. Its what China does. Take the long view. Don't plan for 50 days, plan for 50 years.
 
2012-12-13 11:04:46 AM  
I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.
 
2012-12-13 11:08:03 AM  

Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

/fark Mitt Romney, the Koch brothers and the Hostess investors(and all other opportunistic investors) in their wrinkled undersized hearts


This.

So much this.
 
2012-12-13 11:10:17 AM  

the_rhino: Biness: Amazon's business strategy involves passing up short-term windfalls in order to secure solid long-term gains.


That's also just called a good business plan. Just ordered myself a gross of toilet paper. I don't care how much it snows. I'm ready.

My toilet paper looks gross when I'm done wiping. I don't have to order it pre-grossed.


Eegch... gross.

/beat me to it
 
2012-12-13 11:10:24 AM  

enderthexenocide: you know how there are people out there who are unwaveringly loyal to apple, and will buy any apple product and act like it's the greatest product ever, and will wait in line to buy the new iphone12, and will adamantly defend all of apple's business practices to the point of absurdity, and everyone mocks them for it?

i'm beginning to feel that way about amazon. i love amazon. they can do no wrong.


I'm with you. I also have similar feelings towards Google and Costco. (As well as a couple of regional franchises, but those are not important right now).
 
2012-12-13 11:10:28 AM  

HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.


by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie
 
2012-12-13 11:11:28 AM  

Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie


How about their jets?
 
2012-12-13 11:11:44 AM  

BarkingUnicorn: Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

"Scary" tag is perfectly appropriate. Amazon is pursuing the same strategies that made Walmart what it is today.


Some people aren't afraid of a convenient way of buying goods at competitive prices.

We call these people "sane."
 
2012-12-13 11:12:49 AM  
The founder of Amazon is Jeff Bezos. The same guy who is a member of The Long Now Foundation, and who donated the land for emplacement of the Clock of the Long Now. I'm thinking he's the reason Amazon has a long-term view.
 
2012-12-13 11:14:48 AM  

AddictedToFoobies: The founder of Amazon is Jeff Bezos. The same guy who is a member of The Long Now Foundation, and who donated the land for emplacement of the Clock of the Long Now. I'm thinking he's the reason Amazon has a long-term view.


he's also the one who wants to send private missions to asteroids for mining. he is awesome.

HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?


how do you think other sellers of goods get their products?
 
2012-12-13 11:14:59 AM  
You mean if a company focuses on long-term goals instead of driving up stock prices in the short term so top execs can cash out their stock options, that company will succeed.

Let me show my shocked face.
 
2012-12-13 11:17:58 AM  

Biness: HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?


It's like you endeavor to miss the point. Have fun with that.
 
2012-12-13 11:19:15 AM  

BMFPitt: BarkingUnicorn: Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

"Scary" tag is perfectly appropriate. Amazon is pursuing the same strategies that made Walmart what it is today.

Some people aren't afraid of a convenient way of buying goods at competitive prices.

We call these people "sane."


I guess the guy buying a dime's worth of crack from his neighbor is sane, too.
 
2012-12-13 11:19:47 AM  

HotWingConspiracy: Biness: HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?

It's like you endeavor to miss the point. Have fun with that.


no honestly. do you think the grocery store is making everything right there on site? instead of 100 cars going to the store, there is one natural gas truck going to 100 houses, routed in the most efficient way possible. how is that not better for the environment?
 
2012-12-13 11:19:54 AM  

HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.


You mean the delivery truck that in all likelihood will be going by your house on its route anyway?
 
2012-12-13 11:20:36 AM  

blatz514: TheKingHippo: Here we go.

/Love craft beer
//and homebrew

One down brosef


Don't fault him, he's probably drunk.
 
2012-12-13 11:20:53 AM  
Meanwhile, Amazon CS is the best I've ever experienced, except for that one time the Floor Boss at the Casino comp'd me hookers and blow for losing so much money
 
2012-12-13 11:21:00 AM  

Biness: AddictedToFoobies: The founder of Amazon is Jeff Bezos. The same guy who is a member of The Long Now Foundation, and who donated the land for emplacement of the Clock of the Long Now. I'm thinking he's the reason Amazon has a long-term view.

he's also the one who wants to send private missions to asteroids for mining. he is awesome. HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?


Grocery stores order everything in bulk while fedex sends your single can of corn by itself on its own private jet, obviously.
 
2012-12-13 11:21:09 AM  
So you're saying they're gigantic and getting bigger, and they're farking us all.
i1010.photobucket.com
 
2012-12-13 11:22:43 AM  

doglover: I would like us to start hanging people who ruin lives.


I hear you, bro. If I had superpowers, a bunch of evil motherfarkers would need to start watching their backs.
 
2012-12-13 11:23:05 AM  

HotWingConspiracy: Biness: HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?

It's like you endeavor to miss the point. Have fun with that.


amazon has about a dozen distribution centers throughout the US and then bulk shipments are made daily to smaller delivery hubs, so the majority of the product's trip would be indistinguishable from the distribution to grocery stores.
 
2012-12-13 11:24:28 AM  

Biness: HotWingConspiracy: Biness: HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?

It's like you endeavor to miss the point. Have fun with that.

no honestly. do you think the grocery store is making everything right there on site?


No.

instead of 100 cars going to the store, there is one natural gas truck going to 100 houses, routed in the most efficient way possible.

This will be a grand argument when these trucks are actually in place, and it fails to take in to account the past and present.
 
2012-12-13 11:24:28 AM  

James F. Campbell: doglover: I would like us to start hanging people who ruin lives.

I hear you, bro. If I had superpowers, a bunch of evil motherfarkers would need to start watching their backs.


yeah me too, i'd be the most evil motherf*cker out there and i don't want the competition either.
 
2012-12-13 11:27:11 AM  

AddictedToFoobies: Long Now


Whenever a kind of weird, speculative, but not really dangerous charity exists, Bezos IS THERE!
 
2012-12-13 11:28:18 AM  

James F. Campbell: I hear you, bro. If I had superpowers, a bunch of evil motherfarkers would need to start watching their backs.


or if you could just get a hold of a gun and weren't such a candyass.
 
2012-12-13 11:29:41 AM  
The problem with American style corporate capitalism is that it insists that every business must make a profit and for some things that just doesn't make sense. News media for instance.
 
2012-12-13 11:29:44 AM  
Shareholders and the entire stock exchange system is the cancer of your world.

These people not only don't produce anything, they stupidly demand businesses to strangle the market to asphyxiation.

For them, if you have a profit of 1 million dollars this year, and next year you have 1 million (plus inflation variance, for fairness' sake) you're not only "losing money", you're a failure even though you're 1 million dollar richer!

What? "Increase of profit percentage" is an unsustainable ideal.

It's like wanting to accelerate a car eternally. You'll just end up crashing.

We need to change this culture. It only promotes cutthroat behaviour, corruption at all levels, money as an end, not as a mean, etc.
 
2012-12-13 11:29:47 AM  

BarkingUnicorn: Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

"Scary" tag is perfectly appropriate. Amazon is pursuing the same strategies that made Walmart what it is today.


But at least I don't have to mingle with other Amazon shoppers. You can't put a price on that.
 
2012-12-13 11:30:13 AM  
See also: China
 
2012-12-13 11:30:59 AM  

HotWingConspiracy: Biness: HotWingConspiracy: Biness: HotWingConspiracy: Biness: HotWingConspiracy: I'm just glad I can have them do untold amounts of damage to the environment via wasted fuel so I can have two day delivery of paper towels.

Yeah the grocery store is five minutes away, but they cost like an extra 12 cents there.

by the end of next year all UPS and FedEx trucks are going to be natural gas. Try again hippie

How about their jets?

how do you think other sellers of goods get their products?

It's like you endeavor to miss the point. Have fun with that.

no honestly. do you think the grocery store is making everything right there on site?

No.

instead of 100 cars going to the store, there is one natural gas truck going to 100 houses, routed in the most efficient way possible.

This will be a grand argument when these trucks are actually in place, and it fails to take in to account the past and present.


UPS is an example of mass transit. Instead of 100 cars going to the store to buy products one truck brings the product to them.
 
2012-12-13 11:31:26 AM  

fireclown: James F. Campbell: I hear you, bro. If I had superpowers, a bunch of evil motherfarkers would need to start watching their backs.

or if you could just get a hold of a gun and weren't such a candyass.


No, no, you're right. I lack the testicular fortitude necessary to make brief the lives of the wicked. I'll let you handle it.

/I'm sure we'll all hear about your daring exploits tonight on the six o'clock news.
 
2012-12-13 11:32:24 AM  

tricycleracer: BarkingUnicorn: Voiceofreason01: I will slap subby, if I ever find him, for putting the "scary" tag on this.

"Scary" tag is perfectly appropriate. Amazon is pursuing the same strategies that made Walmart what it is today.

But at least I don't have to mingle with other Amazon shoppers. You can't put a price on that.


God, that would be a scary website. Seeing what people are, or aren't, wearing while shopping on Amazon.
 
2012-12-13 11:34:05 AM  
The other day I ordered like.. everything for christmas from amazon. I checked the tracking on one of 5 packages (super saver shipping) and realized the WHOLE ORDER was going to my old address, half way across the state. I called Amazon. The agent stayed on the phone with me for a long time contacting the other vendors for 3 packages to get them re-routed. The other two were on their way to me from Amazon. He asked me to just call UPS the day they were being delivered and ask for them to be sent back. In the meantime he reordered the entire amazon order and sent it to me at no cost so it would arrive in time before christmas.

If you can offer low prices, free shipping and excellent customer service, then I am totally okay with you taking over the world. Walmart has low prices but they employ the scum of the earth and that is the truth. Every time I go there I am completely disgusted by every interaction with employees, from just tossing a pack of cupcakes upside down in the bag (last friday), to using a calculator to figure out 90% off of 54 different items, voiding every single item at least once and taking 45+min for a single order since nothing EVER rings up correctly (the week after halloween) to employees flat out refusing to sell me items they mislabeled as clearance items, they can eat a fat dong.

/yeah that ran on too long
//a fat dong I say.
 
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