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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.50+0.1%Dec 26 3:59 PM EST

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To: Skeeter Bug who wrote (72729)8/8/1999 10:39:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
gdr, but the customer would have to "know" they were at a good retailer. if they didn't "know" that then they might
pay too much. right?


This is true all though word of mouth eventually prevails like the market in pricing.

gdr, the principle is simple. the less a customer knows, the more they are likely to pay. the more they know, the less
they are likely to have to pay.


Let's restate just a bit and state the customer will receive more for what they pay or a better value. This means the product and the service combined.

we agree on the philosophy required to run a successful business long term. that is another issue.

We do agree on this. I am not sure we disagree on the other<G> The semantics are close in that we both agree more information is better. Value will improve for the dollar spent so we may be saying the same thing. I believe if subsituted value for dollar received the net makes it far better for the consumer. If you agree with this, we agree completely.

Glenn
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