Business models we don’t get: Ever wonder how those people who sell books for a penny on Amazon.com make money? Volume, according to the WSJ’s Startup Journal.
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Time posted: 1:32 pm on Monday, May 30th, 2005 One Response to “Business models we don’t get” |
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May 30th, 2005 at 4:04 pm
Well, they lose money with every sale but make it up in volume *grin*
Have you ever noticed the shipping charges for some of those $0.01 books? They are not in the bookselling business, they are in the distribution mark-up business!