Is Our Frugality Cutting Into Amazon.com’s Profit Margins?
December 5, 2006
Festival of Frugality
The Festival of Frugality is ready for a read over at The Frugal Duchess. Sharon’s writing skills are revealed as she summarizes the unique aspect of each article with a short comment for each. Her intriguing description of my contribution, Shopping Your Way Out of Debt makes me want to read it and I already know what it’s about!
“This blogger offers a challenge and a game. Super strategy for having your cake and saving it too.”
Amazon Profit Margins
The most useful entry for me was Amazon shopping tips and hacks from Yan who has also built a pretty cool web tool to help us find the best deals! I think us frugal people are contributing to the low profit margins of Amazon.com, competition is grrrreat for consumers! I had no idea that their operating margins had gotten so low:
“4.1% for the past four quarters, now come in at less than Wal-Mart’s 5.9%. “
Of course innovation is the key to continued success and Jeff Bezos talks about Amazon’s next big thing, the Elastic Compute Cloud. I wonder how many pfblogs we could run on that monster?
All posts by Ben Edwards