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Dropping Profits Sends Amazon In Odd Directions

Posted by ryuzaki0 on from the do-you-like-my-song-and-dance dept.

tabdelgawad writes "The Washington Post has a story detailing how Amazon has purchased the rights to turn a recently published book into a feature-length movie. The article also outlines other 'strange directions' Amazon has taken in response to declining profits and a plummeting stock price, including moving into the grocery business and producing original live webcasts and streaming shows."

117 of 152 comments (clear)

  1. We'll Tell You What You Like by eldavojohn · · Score: 4, Insightful
    The book, which was published in May by Nan A. Talese/Doubleday, a division of German media giant Bertelsmann AG, was slow to be reviewed by mainstream outlets. But Amazon sent galleys to 100 of the site's top customer reviewers, who lauded it. That helped propel the book to the top of Amazon's fiction list, much the way bloggers and other non-mainstream media outlets such as YouTube create groundswells of their own. Positive reviews followed, in The Washington Post, USA Today and elsewhere.
    Is it just me or does it seem like Amazon selected a book from an unknown author and made sure the public liked it. Most books are good--if they weren't, they wouldn't be published. The fact that it's sold only 30,000 copies and they're already seeking a movie deal tells you something. Hell, I've read Stanislaw Lem novels that have sold millions of copies world wide and only one has been made into a movie.

    They probably got him to sign over the rights for nothing and then started pushing the book to set up the movie:
    Amazon did not disclose how much it paid author Keith Donohue for the movie rights...
    Donohue would not disclose how much he was paid for the rights to his book, but offered, "I'm still here," meaning his day job.
    Poor guy. Sounds like another Anthony Burgess who sold the rights to make A Clockwork Orange into a movie to The Rolling Stones for around $5,000.

    This kind of reminds me of a media outlet gone wrong. Or American Idol informing people of what good music is. You really have to wonder if Amazon found this book and said "this is a really good book" or if they said "find me a book that will translate well to the big screen."

    You want to make money? Find an acceptable product or well known name and shove it down America's throat. Instant cash. Examples: Mission Impossible 2, corporate boy bands with music written by teams of people, any media that follows a standard high selling formula, etc. Next up? Amazon studios presents their new movie ... "A Revenue Stream We Hope to Tap."

    In TFA, they even admit it:
    No longer content to remain in the online retail market, Amazon.com is heading into the movie business...
    --
    My work here is dung.
    1. Re:We'll Tell You What You Like by kfg · · Score: 1

      Most books are good--if they weren't, they wouldn't be published.

      Oooh my!

      Hell, I've read Stanislaw Lem novels that have sold millions of copies world wide and only one has been made into a movie.

      Bloody shame, because Ikarie XB 1 (Voyage to the End of the Universe) showed such promise.

      KFG

    2. Re:We'll Tell You What You Like by DaveInAZ · · Score: 2, Insightful
      Is it just me or does it seem like Amazon selected a book from an unknown author and made sure the public liked it.
      No, it's not just you. That's exactly what they did. It's a morally shaky practice, but it's SOP in the publishing business to generated hype by any means possible and falsify sales numbers by overshipping, knowing that vast numbers of those books will be returned. But once they're shipped, they count. So, while I hate all this b*llsh!t and deception, it's not just Amazon, either. If the New York Times bestseller list is b*llsh!t (and it is!), why should Amazon's top seller list be any different? (Damn, I'm getting cynical in my old age. Oh, wait...I've been cynical since I was 12. Nevermind.)

      Personally, I find it far weirder that they've gone into the Grocery business. I went to Amazon this morning, to see if I could hear a snippet of a new album, and there was Tony the Tiger, hawking cereal on the Amazon home page! What possible advantage could there be for the average person in ordering their corn flakes online, paying shipping charges, and waiting two weeks for them to show up? Are they going to order their milk from Amazon, too, and hope it get to them before turning into cheese or exploding in the back of a hot mail truck? I doubt it, so they're going to have to go to the store, anyway, so what's the point? And, what was Amazon thinking?

      As for American Idol, am I going to trust a bunch of "Reality TV" (an oxymoron, if ever there was one) watchers to tell me what's good music? I don't think so. These are people who probably aren't even aware that the sound from their TVs is approximately as good as the sound from a Dollar Store radio, and wouldn't understand how that's relevant, or why that's a bad thing, if they were told. But, hey, these are the same people who gave us our current President, so how wrong could they be? Right?

    3. Re:We'll Tell You What You Like by ObligatoryUserName · · Score: 1

      You want to make money? Find an acceptable product or well known name and shove it down America's throat

      Worked great for Starbucks with
      Akeelah and the Bee didn't it?

      It's much easier to make something good and desired in the first place, unfortunatly doing that is very hard.

      I have no idea why Amazon thinks they're uniquely positioned to do this, it sounds like panic and confusion to me. If it works and they make buckets of cash and/or beautiful art then they're geniuses and all is forgiven, but it right now it just looks like they've lost focus.

    4. Re:We'll Tell You What You Like by Blink+Tag · · Score: 3, Informative
      Most books are good--if they weren't, they wouldn't be published.
      Sorry to burst your bubble. I used to sit next to the book buyer for a major online retailer. The movie buyer was on the other side of her. Publishers rely on "the long tail." Most books (and movies) are junk, you just may never see them all in a virtual store. Brick and mortars only stock things that will actually sell because space is a paramount.
    5. Re:We'll Tell You What You Like by AuMatar · · Score: 2, Informative

      Here's the idea on groceries.

      1)Amazon sells only in bulk. So margins are higher. It isn't meant for impulse shopping, unless you want 10 boxes on impulse.
      2)Amazon Prime. Free 2 day delivery. With this, the grocery store becomes useful, you don't need to wait 2 week. If you absolutely do need it today, 3 or 4 bucks for overnight.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    6. Re:We'll Tell You What You Like by NosTROLLdamus · · Score: 1, Insightful
      Most books are good--if they weren't, they wouldn't be published.

      I disagree. Perhaps you've been unable to frequent a bookstore as of late. Find any book by L. Ron Hubbard, open it up to any page you wish, and gasp in horror. If you still remain unconvinced I implore you to inspect the contents of any celebrity written book, and hopefully you will find one that isn't ghost-written. Also, feel free to check out any of the ego massaging political books with titles such as "Lying Liberals and the Obease Conservative that Eat Them".

      Many books, and I'd say most books, are published because publishing houses need to make money, and not because the books are good, which leads me to your next comment...

      You want to make money? Find an acceptable product or well known name and shove it down America's throat. Instant cash.

      Which is a sentiment I totally agree with. Harry Potter anyone? Oh, my, did I touch a nerve?...

    7. Re:We'll Tell You What You Like by kfg · · Score: 1

      I'll meditate on that post for 7 years in Tibet.

      Don't know where you are, but California might be a lot closer; and has more Chinese in it.

      KFG

    8. Re:We'll Tell You What You Like by mochan_s · · Score: 1
      This kind of reminds me of a media outlet gone wrong. Or American Idol informing people of what good music is
      corporate boy bands with music written by teams of people

      Look at Motown. Anonymous songwriters, musicians to create music. Same formula as boy bands. Even if you look at musicians who are deemed real, their sound is so much affected by the studio and the producer of their music that it's impossible to see where the band starts and where the production team ends. The product isn't completely done by the band, the artwork is done by someone else, the recording is done by someone else, the mastering is done by someone else and who knows what studio help they get.

      Just look at bands or artists that have fallen out of public favor because their music is outdated. Their quality seems to take a huge nose dive even though they are the same band. They just don't have top notch producers working on them that without it, they're not as polished and good.

    9. Re:We'll Tell You What You Like by TopShelf · · Score: 2, Insightful

      I have no idea why Amazon thinks they're uniquely positioned to do this, it sounds like panic and confusion to me.

      They're trying to leverage the expertise in their pool of customer reviewers, who gave enough positive feedback for Amazon to move forward with this. Really, this isn't a bad idea - circumventing traditional book critics and going right to a group of customers to try and get ahead of the "next big thing."

      I wouldn't overreact to this story, as it's prompted by a lousy 2nd quarter earnings report. Let's check back 6 months down the road and see how the story spins...

      --
      Stop by my site where I write about ERP systems & more
    10. Re:We'll Tell You What You Like by Pollardito · · Score: 1
      You want to make money? Find an acceptable product or well known name and shove it down America's throat. Instant cash. Examples: Mission Impossible 2, corporate boy bands with music written by teams of people, any media that follows a standard high selling formula, etc. Next up? Amazon studios presents their new movie ... "A Revenue Stream We Hope to Tap."
      actually, most of those items (MI:2 aside, that's just another example of the sequel-fest we're used to seeing in movies and games) are examples of taking something that's NOT by a well-known name (i.e. cheap!) and using your own promotional machine to make it well-known and get it sold. another example is Oprah's book club, which this Amazon model seems to mirror exactly
    11. Re:We'll Tell You What You Like by rainman_bc · · Score: 1

      Just look at bands or artists that have fallen out of public favor because their music is outdated. Their quality seems to take a huge nose dive even though they are the same band.

      Perl Jam isn't nearly as popular as they were with Ten and Vs., yet their music is better than ever.

      Not all good bands or artists sell out.

      --
      09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
    12. Re:We'll Tell You What You Like by morcego · · Score: 2, Interesting
      Most books are good

      You obviously don't read much.
      Most books are mediocre.
      --
      morcego
    13. Re:We'll Tell You What You Like by farble1670 · · Score: 1

      Or American Idol informing people of what good music is. You really have to wonder if Amazon found this book and said "this is a really good book" or if they said "find me a book that will translate well to the big screen."

      sorry, american idol is popular because a lot of people enjoy it. how would you define "good" music, if it's not by popularity? is it perhaps defined by the opinions of you and your friends? if anything, "good music" is completely subjective and therefore an oxymoron if you try to apply it generally.

      and by the way, american idolist don't even write their own music. they are just doing karaoke of previously popular music. they aren't defining music in any way. it's just a singing contest.

      and who cares if they picked a book based on how well it xlats into a movie. if they are trying to produce a movie, that seems like a good idea.

      sheesh.

    14. Re:We'll Tell You What You Like by Grishnakh · · Score: 1

      Most books are good--if they weren't, they wouldn't be published.

      This is wrong. It violates the law that "95% of everything is crap".

    15. Re:We'll Tell You What You Like by Grishnakh · · Score: 1

      how would you define "good" music, if it's not by popularity?

      Simple: you defer to a trusted panel of experts, not to mass opinion.

      If the quality of music were judged solely by mass opinion, Beethoven and Mozart would have been forgotten long ago. But most educated people know this to be "good" music, even if the American Idol-watching morons don't think so.

      Even today, we now have people called "critics" and "reviewers" who provide us their expert opinions on the quality of various art (music, movies, etc.). Not all critics are good, or agree with us, but finding some good critics and reading their reviews is a lot better than just looking at the popularity ratings of stuff.

      Of course, this is just for individuals to find art they consider "good". How does society at large decide if something is "good", and worth preserving and remembering? After all, Mozart's music is still with us several hundred years later, as is Da Vinci's artwork. Will Britney Spears's crap still be around 200 years from now? It might be remembered as a historical footnote, but will it be considered "good"? Will it still be played, as Classical music is now? Somehow I doubt it.

    16. Re:We'll Tell You What You Like by farble1670 · · Score: 1

      Simple: you defer to a trusted panel of experts, not to mass opinion.

      two problems: "trusted" and "expert". both of those are completely subjective. or maybe you have the secret: a mathematical formula that allows one to objectively rate a person's musical judging abilities? neat.

      it boils down to the same thing. mass opinion is choosing what experts (aka critics) they consider worthy, and people generally choose an "expert" when it reinforces how they already feel about something.

      sorry.

    17. Re:We'll Tell You What You Like by Grishnakh · · Score: 1

      Of course, there's a certain element of subjectiveness to it all. However, how do you explain why Mozart is still being listened to after all these years, when it's certainly not something "the masses" listen to or care about?

      Moreover, would you consider Tschaikovsky or Brahms to be "bad" because they're no longer popular (and never really were, except with the royalty and other elites that liked them at the time), and would you consider Britney Spears to be "good" because a lot of teenage girls have propelled her to the top of the Billboard chart? If so, I would consider your opinion seriously flawed.

      Here's an analogy: let's look at cars. There's two models of cars, car A and car B. Car A is made by a huge automotive company not known for quality, however they make cars cheap and sell them cheap, so car A sells extremely well due to effective marketing and special sales. Car B is made by a very small company, has little marketing, and of course doesn't sell well at all, though it's enough for the company to keep going. A poll of many automotive engineers asks them which car is good and which is bad. The engineers look carefully at both cars, and determine that Car A is cheaply made, has a mediocre design, and is all-around lackluster; it only sold because of marketing and price. They look at car B and determine that it's extremely high-quality, has a very advanced design with several innovations, and the price is even quite fair. So they pronounce car A "bad" and car B "good". This doesn't meet with popularity however. Who should I believe, the engineers, or you with your "popularity is all that matters" definition? I'll go with the engineers.

    18. Re:We'll Tell You What You Like by farble1670 · · Score: 1

      are you really comparing an engineered, manufactured item like a car to music? the quality of a car can be measured. you can measure it's reliability, gas mileage, cost of ownership, etc. etc. like i said, come up with an objective method of measuring the quality of music, and then we can talk.

      and why would you not factor price into the "goodness" of a car? your failure to consider cost in evaluation of the car just shows that that is also completely subjective. the criteria for judging goodness is even subjective!

      and this may come as a shock, but most people do not listen to mozart on a regular basis. so why is it good? because they make you listen to it in music appreciation class in community college? i remember in my music appreciation class, the instructor was getting visibly upset about metallica because he didn't like the lyrics. so is metallica "good"? most critics think so. my music appreciation instructor, an "expert" one might say, the same "expert" that praised mozart, did not think metallica was "good". how can that be explained?

    19. Re:We'll Tell You What You Like by drsquare · · Score: 1
      Simple: you defer to a trusted panel of experts, not to mass opinion.
      Who exactly are these trusted experts? And who defines an expert?

      After all, Mozart's music is still with us several hundred years later, as is Da Vinci's artwork.
      How many people can even naema Mozart tune?
  2. Karma by Burz · · Score: 1

    ...for patent abusers.

    "Ha-ha!"

  3. Well by Anonymous Coward · · Score: 2, Funny


    They could always sell their "one click" technology.

    1. Re:Well by drinkypoo · · Score: 5, Funny
      They could always sell their "one click" technology.

      I think you have that wrong. Try they could always sell their one click "technology".

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:Well by froschmann · · Score: 1

      I think you have that wrong. Try they could always try to sell their one click "technology".

  4. A new chapter by eneville · · Score: 1, Interesting

    One of the most depressing things about the IT world is the number of books one must read for a subject, consider C, it takes many books for one to become a guru, but other more 'modern' languages are simplistic, and perhaps one or two books is all it takes to grasp java/c#/python etc etc.

    Could this be the result in the change of trends?

    Has wikipedia and it's subordinates taken the place of the dead tree library?

    --
    Why UNIX?
    1. Re:A new chapter by AuMatar · · Score: 1

      Try the other way. THe C language spec is about 100-200 pages. THe Java language spec fills a bookshelf, and you can buy multiple books on its odd little tricks (try reading Java Puzzlers) without understanding them all. Our Java guru wasn't able to figure out half those puzzles. C has no puzzlers, the language is amazingly simple and straight forward- it does exactly what you say.

      --
      I still have more fans than freaks. WTF is wrong with you people?
    2. Re:A new chapter by the_humeister · · Score: 1

      Man, that's one of the depressing things about being a doctor too: having to read up on all of the latest data on current diseases and treatments. What'd I get myself into?

    3. Re:A new chapter by JebusIsLord · · Score: 1

      That's misleading. The Java "spec" contains the language and an extensive standard library. The C language spec does not include the standard C library at all since it isn't part of the language itself.

      Syntactically Java adds very little to C. It is larger, but not by much. I would say they are both syntactically simple languages. Something like Pascal is much more complicated because they mashed all sorts of common functions right in to the language itself.

      If you want to compare the standard C library to the standard Java library, that is another thing. Yeah, Java's is bigger. Doesn't mean you have to learn it all to do the same stuff you would in C, however. Actually, you have to learn a lot less!

      --
      Jeremy
    4. Re:A new chapter by geekoid · · Score: 1

      Must be a hell of a weight you bear.
      Fortunalty Mercedes have a strong suspension to help you carry that weight to the golf course.

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  5. Prepare to be toppled! by boxlight · · Score: 4, Interesting

    That's weird, my (uninformed) perception was that Amazon had solidified it's place as the king of of the hill and was doing exceedingly well.

    Funny how you don't really know who is really succeeding until you look at the bottom line.

    Is it possible that the big web 1.0 succeess like Amazon and Ebay might be toppled by some as yet unidentified jauggernaut the way Microsoft toppled WordPerfect and Lotus123 back in the day?

    boxlight

    1. Re:Prepare to be toppled! by Gulthek · · Score: 1

      What the hell is web 2.0 exactly? If a website uses AJAX is it part of "Web 2.0"? Does a "Web 2.0" use an updated version of the hypertext transfer protocol? Do web browsers connect at port 160? What?!

    2. Re:Prepare to be toppled! by Alex+P+Keaton+in+da · · Score: 4, Insightful
      2 possible paths:

      A. Make a big budget movie even though you are a retailer...
      B. ????

      -or-

      A. Get rid of the whole thing where someone spends half an hour shopping on your site, filling their cart, thinking that they are getting a good deal, but when they get to the checkout they find that each item was from a different seller and all the shipping and handling is separate, so it adds like $60 to the bill.... Yeah, get rid of that, and then B may be:
      B. Profit!!!!

      --
      And All I Ask is a Tall Ship And a Star to Steer Her By
    3. Re:Prepare to be toppled! by drinkypoo · · Score: 1
      Is it possible that the big web 1.0 succeess like Amazon and Ebay might be toppled by some as yet unidentified jauggernaut the way Microsoft toppled WordPerfect and Lotus123 back in the day?

      One of the primary axioms of business is that the best way to lose first place is to act like you're in first place. If you want to keep first place, you have to perpetually act like you're still in second place. Complacency kills.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    4. Re:Prepare to be toppled! by jrobinson5 · · Score: 1

      How about "wiki it!"? Rolls of the tounge a lot easier.

    5. Re:Prepare to be toppled! by rainman_bc · · Score: 1

      That's weird, my (uninformed) perception was that Amazon had solidified it's place as the king of of the hill and was doing exceedingly well.

      Funny how you don't really know who is really succeeding until you look at the bottom line.


      And they even farm out all their stuff to India now.

      You'll never catch me ordering another tech book from them again. They like the US market as consumers, but loathe them as employees. Nice.

      --
      09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
    6. Re:Prepare to be toppled! by archen · · Score: 2, Interesting

      I used to order tons of stuff from Amazon. But over time I've noticed problems. Any electronics (yeah I used to get random electronics from Amazon) I can get cheaper and faster from newegg. And some things have a waiting time for a MONTH! What really pisses me off about Amazon is if you order 3 items, then you often end up with 3 shippers and thus 3 times the shipping cost. It's usually cheaper and faster to go to a store on the way home from work. To me amazon had everything right when they did it themselves. Then they turned into this "farm everything out" center that is just for central billing and screwed it all up.

      Ebay is still ebay, and if they screw it up, it will be for different reasons.

    7. Re:Prepare to be toppled! by sgt_doom · · Score: 1

      Far too much hype is what we normally read about Amazon. Remember, Bezos is a former Wall Street guy and Amazon only survived, not necessarily thrived, by dint of his "creative financing" skills (like sending out nonordered books to Euro addresses to demonstrate to unsuspecting investors how "international" Amazon was becoming --- don't believe me? Check with UPS to see how many returned:not ordereds they received.). Also, consider how many rounds of layoffs a relatively young company like Amazon has already experienced. What is it now? Four? Or five???

    8. Re:Prepare to be toppled! by gEvil+(beta) · · Score: 1

      Nah, cos then people will think you're a Bostonian with a slight stutter.

      --
      This guy's the limit!
    9. Re:Prepare to be toppled! by rwyoder · · Score: 1
      Get rid of the whole thing where someone spends half an hour shopping on your site, filling their cart, thinking that they are getting a good deal, but when they get to the checkout they find that each item was from a different seller and all the shipping and handling is separate, so it adds like $60 to the bill....
      That happened to me once. I needed three different rare batteries for some electronic devices. After a lot of googling, I finally found that Amazon had all three. Then at checkout I discovered the were coming from three different sources, and the shipping was more than the batteries. I searched elsewhere and finally found a company the had prices 50% higher than Amazon, but the shipping was 1/10 as much, so they were actually cheaper.
    10. Re:Prepare to be toppled! by DrEldarion · · Score: 2, Interesting

      I actually have just the opposite experience. I see TONS of things on Amazon that are cheaper than anywhere else (proof [note, some are probably expired]) since they have low prices and a lot of exclusive promotions and rebates. I've rarely waited more than a few days for anything to be shipped, and once it had, I've gotten it quite quickly (then I got Prime, and now it's even more amazing). Incidentally, I *DO* only order things that come from Amazon themselves, so that may be where the difference lies.

      This isn't a small sample size, either. I've ordered hundreds of things from them. Only been let down a couple times, and they made it right. I know I sound like a total shill right now, but I'm really just a huge Amazon whore.

    11. Re:Prepare to be toppled! by BigGerman · · Score: 1

      Sorry but this is total uneducated BS. I lived in Seattle and Amazon hires techies like crazy and pays well too.

    12. Re:Prepare to be toppled! by rainman_bc · · Score: 1

      Perhaps in operations, but not development:

      Linky here

      They're shipping off whatever they can.

      --
      09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0
  6. I prefer bn.com by Anonymous Coward · · Score: 5, Interesting

    At this point I frankly prefer Barnes and Noble to Amazon. B&N has finally caught up with Amazon as far as I can tell in terms of hugeness of inventory for books and DVDs, and all that stuff Amazon sells that isn't books and DVDs... well, who cares? This zshops thing is just a crappy version of eBay, and there are better places to buy used books.

    What I've really found that's interesting lately is that if you order from bn.com from inside of a barnes and noble brick and mortar store, they waive shipping. So if I want something, I can stop at a B&N on the way home from work; and if they have the book I want I can go home with it immediately, if they don't have the book I can just ask them to order it from the website and I get it in a few days without even having to pay for shipping. It's kind of the best of both worlds.

    Plus Amazon's switched to this MSN Live Search nonsense. What purpose does amazon.com serve at this point except as a repository for politically biased book reviews? As far as I'm concerned, screw 'em.

    1. Re:I prefer bn.com by dR.fuZZo · · Score: 2, Informative

      This is just my personal experience, of course, but, with the exception of some of my transactions with the 3rd party sellers on Amazon, I've always had excellent service and never had a problem with them. On the other hand, I placed only a handful of orders with Barnes & Noble, and they messed up three times. Personally, I'm fed up with B&N.

      --
      -- dR.fuZZo
    2. Re:I prefer bn.com by Fulcrum+of+Evil · · Score: 1

      all that stuff Amazon sells that isn't books and DVDs... well, who cares?

      Yeah, it isn't like Amazon has watches, sporting goods, and just about anything that doesn't require special permits to sell.
      /works there

      --
      "We returned the General to El Salvador, or maybe Guatemala, it's difficult to tell from 10,000 feet"
    3. Re:I prefer bn.com by drooling-dog · · Score: 1

      So if I want something, I can stop at a B&N on the way home from work; and if they have the book I want I can go home with it immediately, if they don't have the book I can just ask them to order it

      Ummm... Isn't this the way bookstores always worked?

  7. 3rd party shippers by Anonymous Coward · · Score: 1, Insightful

    i don't shop there anymore because your stuff dosen't come directly from them anymore. you now have to deal with shipping fees from 6 different companies to place one order. screw that!

    1. Re:3rd party shippers by Spades_ · · Score: 1

      There's two things that may be going on here, it might be sold by Amazon and drop shipped by their distributer...in this case it should still fall under their shipping rates... but the way Amazon works, you might not actually be buying from Amazon at all. Usually below the item they will tell you if you're purchasing from some one else, in those situations you get charged shipping based on whoever it is you're buying from.

      When buying, just make sure you buy from Amazon, and you shouldn't have a problem with getting billed shipping from 6 different vendors...

  8. With apologies to Yeats... by Bieeanda · · Score: 4, Funny

    "Come away, human author, take a venture capitalist by the hand/for the stock market's more full of bullshit than you can understand."

  9. Re:The old saying goes... by __aaclcg7560 · · Score: 2, Insightful

    If Amazon wasn't too concern about pursuing profits to please Wall Street, they wouldn't be doing all this weird stuff and have a more predictable business model. Maybe it's time that Amazon accept being a blue chip company like Microsoft instead of a being a king of the jungle wonder stock like Google.

  10. Inevitable by LaNMaN2000 · · Score: 4, Interesting

    It is inevitable that Amazon would chase businesses that offer better ROCE than their core. They took on tremendous debt to build a distribution infrastructure and see single digit profit margins as a result. Meanwhile, "virtual" companies like eBay, Google, Yahoo, etc. are able to get better returns on their assets. In the past, Amazon tried to be an e-commerce platform and license their services to Toys R Us and other firms but ran into problems because they were essentially hosting sites for their direct competitors. Now, they are trying to branch into unrelated "virtual" companies like search, media, etc.

    --

    ByteMyCode.com: A Web 2.0 code sharing community.
  11. Speaking for myself by SpaghettiPattern · · Score: 1

    I'm a bit surprised by this as my spending at Amazon has only increased in the last 8 years. Amazon is my preferred supplier of books and games. I'd say more people are doing so.

    --

    I hadn't the slightest objection to his spending his time planning massacres for the bourgeoisie... (P.G. Wodehouse)
    1. Re:Speaking for myself by Jimmy+King · · Score: 1
      I'm a bit surprised by this as my spending at Amazon has only increased in the last 8 years. Amazon is my preferred supplier of books and games. I'd say more people are doing so.

      Are you sure everything you buy on amazon.com actually comes from amazon, though? I know a lot of the stuff I buy actually comes from other retailers that amazon hosts. I don't know if amazon recieves any percentage of the sales price from that or if they just get a flat fee, but in either case, it may not really be helping them much.
  12. article summary by noneme · · Score: 1

    wild amazonians purchase rights to stolen boy!
    movies of this exploit to be sold online, leaving authorities confused and aghast!

    stocks plummet.

  13. 30,000 COPIES!!! CALL SPIELBERG!!! by jeffmeden · · Score: 1

    I thought the same thing when reading the article. 30,000 copies is absurd compared to better selling books that never stand the chance of making it on the silver screen.

  14. Re:The old saying goes... by hansamurai · · Score: 3, Funny
    Speaking of jungles, a search on Amazon reveals these fantastic jungle items!

    a novel, a dvd, a lamp, diaper wipes, and a free MP3 performed by the US Marine Corp!

    --
    Reviewing just the first hour of video games.
  15. Desperation + Poor Management = by Roody+Blashes · · Score: 2, Insightful

    Crappy business model.

    I used to work at a company that did the same thing. What they did, they did poorly, because management had a poor attitude toward employees, customers, and partners.

    Rather than fix these things, which would have soiled their resumes by admitting error, they desperately attempted to cut costs to ridiculous extremes and move into new market segments that didn't in any way leverage their strengths.

    Last I knew, they were still losing money (now that they can't cut any further) and competent employees were fleeing for their lives to much better and more stable opportunities.

    --
    If you haven't foed me yet, what are you waiting for?
    1. Re:Desperation + Poor Management = by nbannerman · · Score: 1

      Up until the last line, I would've sworn blind you worked for a certain company from Redmond ;)

  16. Re:The old saying goes... by stevesliva · · Score: 1
    Maybe it's time that Amazon accept being a blue chip company like Microsoft instead of a being a king of the jungle wonder stock like Google.
    Once they do this, they're guaranteed to have relatively predicitable, boring earnings growth with no new innovative ways of earning money. With a P/E and PEG way above Microsoft's, there is sort of a baked-in expectation that Amazon will capitalize on its brand and its customers to grow into new markets and not be so predictable. So they'll be trying some stuff that won't be a sure bet, hoping that they'll find some big winners. But if they try nothing at all, and end up being valued the same way as MSFT, the stock is in for a 50% slide.
    --
    Who do you get to be an expert to tell you something's not obvious? The least insightful person you can find? -J Roberts
  17. While this news is moderately interesting..... by 8127972 · · Score: 1

    ..... Can we get back to posts about Google?

    --
    This is my opinion. To make sure you don't steal it, it's covered by the DMCA.
  18. Declining profits? by jimibee · · Score: 1

    It's not as if Amazon has been making money for very long. If I'm to believe wikipedia, they weren't actually profitable until 2003.

  19. Re:Prawns by Rob+T+Firefly · · Score: 1

    Don't you know? You can get in trouble for putting prawn on the Internet!

    --
    Slashdot Burying Stories About Slashdot Media Owned
  20. They are listening to the stockholders by Harmonious+Botch · · Score: 3, Interesting

    Revenue is up, traffic is up, but earnings are down. That is accountantcy jargon that translates as: "We are doing more but doing it less efficiently". And the stockholders noticed. They began selling.
    When Amazon management noticed that, they looked for some new way to use their cash and traffic to make return on their investment. Why movies? Probably because the movie business requires - among other things - up-front investments and lots of advertising. It makes sense.

    1. Re:They are listening to the stockholders by kfg · · Score: 2, Insightful

      Lessee; we're doing worse and worse in our core competency, which we've been at for over a decade, but haven't even come close to recouping our initial investment yet, so we'll solve the problem by gathering whatever cash we can find under the sofa and plunge it into a horrendously expensive business in which we have no experience and know nothing about.

      Well, yeah, sure, if you put it that way it makes perfect sense.

      KFG

    2. Re:They are listening to the stockholders by Harmonious+Botch · · Score: 1

      A mere decade or so is short-term for a business that size. Sure, if you or I do something for that long and don't make a profit, then we should quit.
      But businesses that big exist on a different time scale than you and I. They can be judged successful if they have a trend that indicates that they will make money in another decade or two.

    3. Re:They are listening to the stockholders by kfg · · Score: 1

      Size has nothing to do with time scales. It's all about financing. That is what determines your time scale, no matter the size of the business.

      Nor is the size of a company any indicator of its potential for success. A one man outfit can get filthy stinking rich on a single transaction, a large firm can go broke on a billion transactions. It's about profit margins, not sales.

      None of which has any relevance to the wisdom of a bookseller in the red going into the movie business.

      Love your handle though.

      KFG

    4. Re:They are listening to the stockholders by sgt_doom · · Score: 1
      It couldn't possibly be because of their hiring strategy....all those Indians and Pakistanis has to be good for business. Right?

      Right?????

  21. Stolen Boy by krell · · Score: 1

    "wild amazonians purchase rights to stolen boy!"

    I wonder what ever happened to them. They just weren't the same after the lead singer and the drummer left in 2003. I hope Amazon re-release their entire catalogue.

    --
    Where were you when the voynix came?
  22. My problem with amazon by vossman77 · · Score: 4, Insightful

    Amazon used to be so organized, but now its categories are vitually worthless. I search for USB thumb drive, I get 10,000 thing unrelated to it even when I'm in the correct category I get non-thumb drives and there are several nice thumb drive not in the correct category. For computer stuff now I go to newegg.com, at actually organized.

    1. Re:My problem with amazon by vossman77 · · Score: 1

      Sorry, my wife was looking over my shoulder and I didn't want her to think I wasn't working. So, I couldn't proofread.

  23. The lagging economy? by mind21_98 · · Score: 3, Insightful

    Or could it be the slowing economy causing Amazon's profits to drop? I mean, having to pay for your McMansion and to fill up your 10mpg SUV has to dip into your discretionary income...but yeah. I can't imagine Amazon making movies. *shrug*

    --
    US businesses that currently accept chip and PIN/signature
  24. Re:The old saying goes... by Alex+P+Keaton+in+da · · Score: 2, Insightful

    Consider how many times you will hear "amazon.com" in reference to this movie all over the news etc... Sure it seems strange, but considering the advertising budgets that corps. the size of Amazon have, it may be a good deal. And the movie may even make some money, to boot.
    I haven't shopped at Amazon in a loooooooong time (the whole multiple stores and sellers in the Amazon search, so when you go to check out you have 10 different shipping and handling fees, that drove me off...) but I have heard their name mentioned a bunch lately b/c of the movie thing....

    --
    And All I Ask is a Tall Ship And a Star to Steer Her By
  25. Re:My Point by drinkypoo · · Score: 1

    I know you're just funning, but the answer is to give the money to local business whenever possible, especially for goods that are manufactured/grown/etc locally. Think globally: spend locally.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  26. A last hope by UCSCTek · · Score: 3, Informative

    Amazon should look into it's own Gold Box and hope it finds a discount on a corporate diversification plan.

  27. Re:Prawns by triskaidekaphile · · Score: 1

    Only if the vein is visible. Otherwise the SMAA (Shrimp Moral Authority Association) will say it's art and not prawnography.

    --
    @HbFyo0$k8 tH!$
  28. Re:Prawns by Pilferer · · Score: 1

    Actually, upon further investigation, I notice they sell Beneficial Insects (40). What kind of book store sells "Praying Mantids: 6 Egg Cases" ? One that's trying to be too much of everything...

  29. I'm not that surprised by rmcd · · Score: 4, Interesting

    It has seemed to me for a while that Amazon is slipping. Their web site, long a model of clarity and usability, has become confusing with the proliferation of non-Amazon sellers. For example I recently did a search for a book and the top listing in the search results was only for used copies, while if I clicked the second listing I got the usual Amazon page for the book. Since you can buy used copies from the main page for the book, I don't even understand why the separate page existed, let alone that it was the first search result.

    I have also had several bad experiences with free shipping. In one case, I ordered Christmas gifts well in advance. After a week or so, they moved the expected shipping date past Christmas due to the item supposedly being out of stock. I complained by e-mail (why were they only telling me this after the original shipping date had arrived) and they apologized and shipped it immediately. Umm, was it in stock or not? It could have been a supplier issue, but I also wondered if they were just trying to see how I would react.

    I have returned to buy.com after ignoring them for several years. Rotten-looking web site with very poor information about items. But I have found them faster and often less expensive than Amazon.

    I expect that Amazon will survive for a very long time and do lots of business, but I don't see how they're ever going to be highly profitable.

    1. Re:I'm not that surprised by Saganaga · · Score: 1

      I have returned to buy.com after ignoring them for several years. Rotten-looking web site with very poor information about items. But I have found them faster and often less expensive than Amazon.

      Just wait until you have a problem with a buy.com order. Their customer service department has become an absolute joke...the reps are completely powerless; either unwilling or unable to solve problems. After getting a terrible runaround on missing items on one order and a double billing on another order last year, I swore that I would never again use buy.com.

      buy.com's business model now seems to be:
      1. Take order & charge customer's credit card
      2. Fail to deliver what's promised
      3. Tell customer that problem will be cleared up "next week", etc.
      4. Repeat step 3 several times
      5. Finally fix customer's order, or give refund if pressed (or wait until customer disputes charge with credit card company)
      6. In the meantime you've been earning interest on customer's money...
      7. Profit!

      I strongly recommend you think twice about continuing to use buy.com. They are not what they once were.

    2. Re:I'm not that surprised by rmcd · · Score: 1

      I believe you and appreciate the warning, although so far I've had a very good experience with them. I do have to laugh when you say "what they once were". Years ago when Buy.com was a newcomer, they shipped me the wrong item (I think it was a book or a computer item). I exchanged it following their procedures, and then they proceeded to ship me TWELVE copies of Foolish and Belly -- at that time it was a VHS two-pack.

      My colleagues started to look at me strangely!

    3. Re:I'm not that surprised by Saganaga · · Score: 1

      Good point...I think that as long as nothing goes wrong with your order, buy.com is probably ok. But woe unto you if anything does go wrong. And maybe that was always true, and I had just gotten lucky up until last year.

    4. Re:I'm not that surprised by monopole · · Score: 2, Insightful

      A great understatement. I've ordered books that are listed "usually ships next business day" with next day shipping, only to have the book ship 2 months later. Trying to cancel this order was impossible since it "was already being processed".

      Amazon used to have highly responsive customer service representatives, who had wide discretion. When they tried to organize they were fired and phone responses were outsourced to Belfast and e-mail responses to New Delhi. I assume that the webpage management has been similarly outsourced.

      Amazon has always been the vendor of last resort for me. They established themselves by dumping product below cost, decimating independent bookstores in the process. Now that they have to service this debt and compete on a level playing field, they pursue "odd directions" to cover up the weakness of their core business.

      I suspect that the ever overrated Jeff Bezos will eventually go down as notable failure similar to Kozomo but on a much grander scale.

  30. Re:The old saying goes... by XPACT · · Score: 1

    Not only that drives me crazy , but the fact that they charged me tax + shipping. There supposed to be no tax on the item that I have purchased that was one of the reaosons I did it, I could have bought it from a local store insted. No more business with them. They lost me as a client.

  31. Filmy business... by bayankaran · · Score: 1

    The article says 'profit projections disappoint ' - this means amazon cannot match the growth they had the last 5-8 years anymore. I think its normal for a company of the size of Amazon.

    But I am curious how 'filmy business' will increase the profit of Amazon? If you make 5-8 films one might become a hit and rest (if you are lucky) will breakeven. If you make a really good film, over several years it will give you a profit - but that is not going to reflect on your quarterly statements/projections.

    I think they are tempted after seeing the DVD sales of films like CRASH (sold more than 5 million units.)

    --
    Tat Tvam Asi
    1. Re:Filmy business... by LunaticTippy · · Score: 1

      It's not a bad idea exactly. Most movie studios sell their DVDs for say $10, the retailer will sell them for $15.

      Amazon can sell their DVDs for $15, which makes it much more profitable. They also can plug it for "free" and know a lot about their customers, which can really affect sales.

      --
      Man, you really need that seminar!
  32. Here we go again by CopaceticOpus · · Score: 1

    Will the studios ever come up with something new, instead of churning out just another movie remake?

  33. Third Party Merchants by robklaus · · Score: 5, Interesting

    I think they've gone terribly wrong in the level of integration they have with these 3rd party merchants.

    There is no way to limit searches for items to be stricly from Amazon. I've had mixed experiences with the 3rd party folks, and really I would prefer to buy directly from Amazon, but hunting through hundreds of search results to find what Amazon ACTUALLY sells is incredibly difficult and a major PIA. This has sent me to others for recent purchases.

    1. Re:Third Party Merchants by hxnwix · · Score: 2, Insightful

      Hear hear. Why did Amazon massively invest in distribution & warehousing infrustructure when they clearly hope to become nothing more than a gigantic Ebay Stores ripoff?

      They are ignoring their profitable core competancy to provide services that their customers neither desire nor expect from them. It used to be that I went to Ebay for used books & such and Amazon for new books, DVDs and popular consumer electronics. Now I buy new books from B&N, continue to purchase used items from Ebay and I have a netflix subscription for my DVD fix. Amazon couldn't hope to compete with Newegg for electronics. Bye bye, Amazon.

    2. Re:Third Party Merchants by Brother+Seamus · · Score: 1
      There is no way to limit searches for items to be stricly from Amazon.

      You can simply add "amazon.com" to your search text, or try one of the methods listed here .

  34. Calling All Grammar Nazis! by adavies42 · · Score: 1

    "Send", dammit! What's so hard to get about subject-verb agreement?

    --
    Media that can be recorded and distributed can be recorded and distributed.
    -kfg
    1. Re:Calling All Grammar Nazis! by Xeger · · Score: 1

      Ahh, but what if "dropping" is being used in the transitive sends? Perhaps Amazon has dropped some profits by the side of the road, and the act of dropping the profits sends them in odd directions.

  35. Re:The old saying goes... by Ignignot · · Score: 1

    It is just like a sick or dying tree - they will start shooting off new branches in an attempt to survive.

    --
    I submitted this story last night, and it didn't get posted.
  36. Re:Simple: Avoid the Trash by sanaz · · Score: 1


    Thanks, but I think I'll see a movie for any reason I want to. Imagine not seeing a movie because YOU thought it was for the wrong reason! I understand your basic idea, but this was truly pointless.

  37. Re:The old saying goes... by Ohreally_factor · · Score: 1

    Still, I don't think it's right that they're going in odd directions. It would be far better if they went in even directions.

    --
    It's not offtopic, dumbass. It's orthogonal.
  38. I've kept to the original FSF + /. boycott by Szplug · · Score: 1

    for however many years. I've bought once or twice, but only after I couldn't find it on abebooks or cdconnection. I doubt that's what's done it but it's nice to see things go your way :)

    --
    Someday we'll all be negroes
  39. Glad I Passed On The Job by Anonymous Coward · · Score: 3, Interesting

    I am definitely happy with my decision to not accept a job offer with Amazon.com. I was recently flown to Seattle to interview with Amazon.com for an accounts position, specifically dealing with their new toy division.

    During the interview, I stayed in the conference room where 4 Amazonians interviewed me, one after another. I was annoyed that the interviewers were asking the same questions. They pretty much were reading off a script; however, the third interviewer at least was different enough to keep away from the script and go to the whiteboard for a quick logic session.

    THE SHOCK. The offer that Amazon made me was laughable. When I was informed of the offer I asked if this was for real, and how this compared to other wages for the position. I was told that the offer that they gave me was on the high end.

    I was utterly disgusted at the offer, and couldn't understand why they even bothered to fly me up to interview. After all, for the wage they gave me, Amazon could simply have recruited from the Seattle region.

    Only after talking to those who were experienced with Amazon.com I realized that Amazon had horrible working conditions. Their benefits are lousy, and they pay many University level positions by wages. Yes Wages.

    In the end I quickly realized they don't conduct what we business folks regard as a "balanced score card." That is balancing the needs of ALL Stakeholders. Stakeholders obviously include employees, investors, etc... From my point of view Amazon was way too focused on employee cost cutting. From my observation, they placed very little of that into human capital, and instead hope their brand name and aging business model will carry them forward into....well I don't know what.

  40. 3rd-party sellers can be good by bodrell · · Score: 2, Insightful
    It has seemed to me for a while that Amazon is slipping. Their web site, long a model of clarity and usability, has become confusing with the proliferation of non-Amazon sellers. For example I recently did a search for a book and the top listing in the search results was only for used copies, while if I clicked the second listing I got the usual Amazon page for the book. Since you can buy used copies from the main page for the book, I don't even understand why the separate page existed, let alone that it was the first search result.
    You are certainly not the first, or only, person to complain about all the non-Amazon sellers at Amazon.com. Am I the only one who really likes being able to buy used books and CDs, or having the option to buy strange products from Amazon without having to register my name and address with yet ANOTHER web retailer? I have never been confused about which products are eligible for free shipping and which are not. For used CDs, it is a very simple calculation: shipping is $2.49. If the price differential between the used CD and the new one is more than $2.49, I save money buying the used one. However, selection, rather than cost savings, is the main reason I like the Amazon Marketplace. I listen to a lot of foreign music that is simply not available, either new or used, in the US. Through the Amazon Marketplace sellers, I've been able to buy "import" CDs for less than I would pay for domestic CDs at the bargin bin in Best Buy. And for out-of-print books, I have yet to see a vendor with a selection even close to Amazon.com's.

    I must admit, though, that I wish there were an "advanced search" feature beyond the current offering, including the ability to limit results to products shipped by Amazon itself.

    --
    Si la vida me da palo, yo la voy a soportar Si la vida me da palo, yo la voy a espabilar
    1. Re:3rd-party sellers can be good by rmcd · · Score: 1

      I may not have been clear. I agree with you about the advantages of having 3rd party sellers, in principle. I just think they've implemented it in a confusing way. It's almost as if they've lost control of their web site. It seems to me that if Amazon's website is not impeccably consistent, clear, and usable, first-rate in every way, then they've lost a huge edge.

  41. Possible Test by darkfather · · Score: 1

    Does anyone else see this as a test of Amazon's capabilities? What if it works, and the film is a hit? I see them selling marketing services for unknown books, overlooked films, and unheard of directors. And using "The Stolen Child" as their poster child.

  42. The Washington Post got it wrong by Black+Art · · Score: 1

    They are patenting the idea of taking a published book and turning it into a movie.

    --
    "Trademarks are the heraldry of the new feudalism."
  43. damn the man by BadMackTuck · · Score: 1

    save the empire!

  44. Tired of Amazon by PizzaFace · · Score: 3, Insightful

    Sure, the inventory's huge, but Amazon is cumbersome to browse. More and more of their listings are obsolete and no longer stocked, and too many are just listings for 3rd-party sellers. Amazon's prices aren't that great, and the customer feedback is actually more limited than what some other sites offer. Customer support is bureaucratic too.

    In the brick and mortar world, a big department store can beat small specialty stores because one-stop shopping really saves time. But it doesn't take long to hop from one website to another. If Amazon's corporate goal is still growth through diversification, it could become a dinosaur and lose business to more-narrowly focused competitors, which often sell at lower prices (e.g. Bookpool) and are easier to shop (e.g. Newegg).

  45. Re:Microsoft: The Movie by jrobinson5 · · Score: 1

    Resell the previous movie, but make the film reel out of green and blue plastic instead of grey metal. Don't forget to delay the launch date by a few years.

  46. Really? I have quite unintentionally. by Burz · · Score: 1

    I boycotted Amazon when their managers started firing people for being gay, against their own corporate policy. Their excuse: 'Oh, we only follow that policy when local laws demand it.'

    What do they call that? 'Bait-n-Sack'?

  47. Re:The old saying goes... profit! by dextromulous · · Score: 1

    ref=... hey? trying to make some money off of unsuspecting slashdotters?

    --
    There are two types of people in the world: those who divide people into two types and those who don't.
  48. Better suggest by geekoid · · Score: 1

    Cowbells.

    They could crete a service that inserts more cow bells into your downloaded music!

    I got a fever! And the only prescription.. is more cowbell!

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  49. Starbucks by DavidD_CA · · Score: 1

    I recall Starbucks doing something somewhat similar not too long ago. Taking an independant movie that was sure to flop and promoting the heck out of it at its stores.

    It's not uncommon for a business to throw some cash at other ventures. Afterall, any smart business person knows that one day their time will come. If they put all of their eggs into one basket, they're doomed. Companies that have died were the ones that could not see this.

    --
    -David
    1. Re:Starbucks by sgt_doom · · Score: 1

      Does this have anything to do with that spaceport thingy????

  50. Re:The old saying goes... by pete6677 · · Score: 1

    While I think it's a bad thing for companies to make hasty short-term decisions just to please Wall Street, a public company must give some thought to profit. Amazon has historically failed to do this. It's great that they are constantly looking to expand and innovate, but such a huge drop in profits is unacceptable when running a public company. Bezos needs to sell out and move on to something else. He's great at starting companies but once they go public he is not the guy investors want running the show. Why there aren't more people calling for his head is beyond me. I'll short this stock until it hits $10 a share.

  51. Customer Service by dmyze · · Score: 1

    Two words Customer Service. Have you ever tried calling them? The call center is somewhere in India, I tried for 20 mins to fix an order for a product that cost over $2000. I had placed an 'older' version of the software in my cart and they canceled my order. I wanted the new version, but the customer service person did not know what I was talking about and was not able to fix the order. I gave up and called CDW who has an American call center. I had the same version problem on their web site, but the American operator was able to straighten it out.

    1. Re:Customer Service by goodcow · · Score: 1

      They have call centers in America as well. The direct number is 206-266-2992. If it gets switched to an Indian call center simply hang up on them when they answer and call back. Most of the time you will get an American. In addition, write to them (http://www.amazon.com/gp/help/contact-us/general- questions.html/002-4619680-5924037?%5Fencoding=UTF 8&no%5Ft=1&skip=1) and make them awake as to how useless their outsourced customer service is.

  52. Simpler than that by NineNine · · Score: 1

    Actually, it's simpler than that. Business school 101, which still holds true today: Any business that competes on price alone is doomed. Amazon doesn't offer anything other than a low price. With a low price, all you do is cut your own throat with non-existent margins. Somebody will ALWAYS be cheaper, anyway.

    1. Re:Simpler than that by WuphonsReach · · Score: 1

      Amazon doesn't offer anything other than a low price.

      Oh? I primarily use them because of convenience features such as:

      - Never losing items in my shopping cart, even if I leave the cart idle for a few weeks or months. So I can add things to the cart on a whim, then come back at the end of the month and make a final purchase decision.

      - Reviews by other users.

      - Wish lists, being able to move things between my cart and the "purchase later" section of the cart.

      - Instant link to buy used copies if I want to save some cash

      - One stop shopping for a bunch of stuff that is a pain to track down otherwise.

      - Varied shipping options to let me decide how fast or how much I want to pay for shipping.

      Price really isn't the reason that I shop there. The first item in my list is probably the main reason though. I may see a book mentioned on Slashdot but won't want to buy it right away (when I can order 2-3 books later and save on shipping). With Amazon, I quick jump to their page, add it to my cart and not have to worry that I'll forget to purchase it later.

      --
      Wolde you bothe eate your cake, and have your cake?
  53. From the merchant side: by NineNine · · Score: 1

    They suck. Amazon contacted me about adding my retail business (brick and mortar and online) to Amazon. I said, "of course", and started the integration. When I got finished, I did the math, and realized that their fees and their fee structure would make us actually lose money on many purchases through Amazon.
     
      More importantly, what you said holds true from the merchant persepctive. Sure, I may be able to sell a lot of stuff through Amazon, but it does nothing for my business. Why? Because of what you said: there is ZERO brand recognition for the merchant. There's no chance of repeat business or building any kind of brand when selling through Amazon. They put everything under their umbrella except for the biggest of big merchants.
     
    Why would I want to sell stuff for almost no profit, and earn no brand recognition for it? Suffice to say, even after a lot of programming, I told them that my company wasn't interested.

  54. Sign of the end. by BCW2 · · Score: 1

    When any company tries to diversify into an area that is to far from their core business it causes trouble, and quite often collapse. Best current example: AOL-Time-Warner, What does anyone at AOL know about publishing (Time) or movies/music/TV networks (Warner Bros.)? What does anyone at Time truly know about the core business of the other two? Why is this company in trouble? Worldcom took a very good long distance telephone company (MCI) and tried to turn it into something else, splat! If Amazon would concentrate on fixing the original business and provide good customer service they would continue to make a decent profit. What do they need to fix? Read many of the comments already posted, there is quite a list of good suggestions.

    --
    Professional Politicians are not the solution, they ARE the problem.
  55. Follow-up marketing? by ScentCone · · Score: 1

    There's no chance of repeat business or building any kind of brand when selling through Amazon.

    Out of curiosity, do you (as the third-party merchant) get to see enough information about the end-using buyer to market to them directly at a later time? Meaning, is it against the Amazon terms/conditions to follow up those sales with an e-mail or postcard or other communication to the person with whom you ultimately did business? Just wondering.

    --
    Don't disappoint your bird dog. Go to the range.
    1. Re:Follow-up marketing? by NineNine · · Score: 1

      Honestly, I don't remember. I guess because even if we could, it still wouldn't make sense for us, financially.

  56. I knew someone gay there by Szplug · · Score: 1

    or rather something even less common - I find it hard to believe you got fired for being gay. But not being that close to the guy, I can't say I know the culture really.

    --
    Someday we'll all be negroes