Fox News
Amazon is driving head-on into UPS and FedEx
Shipping is a huge expense for Amazon. The company spent $21.7 billion on it worldwide in 2017, a 34% increase over the year before, and almost double what it spent in 2015.
You may axe; if the company spent 21.7 billion on delivering packages, who much did the company make?? Answer: 1.9 billion$ in the first quarter of 2017. Not too shabby.
According to The Wall Street Journal report, Amazon could save about $3 per package, or $1.1 billion annually, by having more control over its shipments over long distances. That would allow it to charge even less for goods, a key component of its strategy as rivals like Walmart and Target gear up their own responses to thwart Amazon.
Charge even less for goods; don’t believe it. When is the last time we ever saw any company cut prices. Once they have their hooks in, they NEVER cut loose.
In a odd way, I really can’t blame the Bezos for trying to cut costs?? Is it a good business practice?? Absolutely yes; BUTT no because he is steaming-rolling everyone that has helped him achieve the success he is experiencing.
When any company is making this kind of profit; I would assume that they would like to share in their good fortune. BUTT, I know that is not the way the game is played with the big blood suckers. Enough is never enough.
Amazon has posted a profit for 11 straight quarters — including a …
Years ago I read an article that stated; in the future there is only going to be 3 or less of everything; banks – oil companies – merchants and so on. It looks like to me that we are headed in that direction.
Let us not forget that competition is the best thing a consumer can have. Without it, the BIG BOYS can and will dominate and charge whatever they want.
10.00$ shades glasses from Walmart
What this kind of pattern demonstrates, making $$$$$ has become a game and an obsession with the high rollers. Enough for them, is never enough. When they go to a BUFFET (includes Warren), they want all the food not just enough to satisfy them. That is where the definition of HOG comes in.
-
1.a domesticated pig, especially one over 120 pounds (54 kg) and reared for slaughter.
synonyms: pig, sow, swine, porker, piglet, boar; informalpiggy“a prize-winning hog”-
a feral pig.
-
a wild animal of the pig family, for example, a warthog.
-
informala greedy person.
-
-
2.informal trade mark in UKa large, heavy motorcycle, in particular a Harley Davidson.
-
3.Britisha young sheep before the first shearing.
-
1.informalkeep or use all of (something) for oneself in an unfair or selfish way.“he never hogged the limelight”
synonyms: monopolize, dominate, take over, corner, control “he hogged the limelight”antonyms: share It is a tremendous ambition for anyone to try and become as successful as possible; BUTT when they are literally, financially executing everyone in their path to achieve their goals, that is when I consider them HOGS,
I can’t help BUTT wonder if people like Bezos ever think of, or ever consider all of the people they are crippling because of their greed?? I really doubt it. If they cared, they would not be so aggressive.
Oink – Oink
The Goomba Gazette 