Quote:
Originally Posted by Jack Tingle
"Teicher, the ABA head, says the issue isn't about progress -- it's that Amazon is "using the book industry as a loss leader to get people to buy TVs."
"Book buyers are good consumers, and Amazon knows that," Teicher says. "So they get drawn in and then encouraged to buy different products. Meanwhile Amazon's hurting the book industry for the sake of profits."
Now that's hilarious. Has anyone pointed out to this dweeb that Amazon started as a bookstore, competing with--Barnes & Noble!, who also published low cost volumes? And I hate to tell him, but I buy electronics from a variety of places, including Amazon. I bought them from Amazon before I owned a Kindle.
What an ultra-maroon.
Regardlessly,
Jack Tingle
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Plus, Amazon deep-discounts everything, especially TVs:
http://hdguru.com/amazon-blows-outs-...509/#more-5509
If Amazon is "tightening" their grip on any specific market it is by default, because the old-school crews are in denial and keep floating out whiny excuses instead accepting the obvious: Amazon is way more efficient *and* willing to subsist on low single digit margins.
All the excuses (they lose money on the books to make it off the readers, they lose money on the readers to make it off the books, and now, they lose money on both to make it on TVs) are just an admission they don't know how to get their operations within striking distance of Amazon.
Better to demonize Amazon and pray they magically vanish than to accept they are so far behind them they'll never catch up without entirely revamping their operations.