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Jeff Bezos: Think Long Term
It’s a couple of years old, but I love this short talk by Amazon.com’s CEO Jeff Bezos. In it he presents four things he knows: Obsess Over Customers Invent Think Long Term It’s Always Day 1
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The Future of Commerce
“Online commerce currently accounts for only about 6 percent of all commerce in the United States. We still buy more than 90 percent of everything we purchase offline, often by handing over money or swiping a credit card in exchange for the goods we want.” Last Week The New York Times wrote a great piece…
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Revealed: The 4 Reasons Amazon Web Services Got Approved
In the summer of 2003 Amazon was a fast-growing online bookstore. Nine years old, it had pioneered many innovative components of e-commerce that we take for granted today: customer reviews, a personalized shopping experience, relevant product recommendations, and frictionless buying. Jeff Bezos had founded the company in 1994 and began selling books online. His advantage,…
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On Monetizing Intent
90%+ of Google’s Revenue comes from monetizing intent. What does that mean? It means that google is best positioned to know what you are looking for *right now*. Because you start your search with them. So they sell you and your current intentions to advertisers. There is huge $ in knowing the intent of consumers. …
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