Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (114842)	1/9/2001 11:19:50 AM
From: Randy Ellingson	Read Replies (2) \| Respond to of 164684

If 29 million customers spent an average of $58 each, my calculator states sales should be about $1.7 billion. Howver, Amazon stated sales were only $960 million so we are just shy of a tiny $ 700 million give or take in a three month period. That is an error of only $7.7 million per day. There's your rough estimate on customers active during this past quarter: $960M / $58 = 16.5M. That translates to 57% of the 29M customers being active. Also, a bunch of their new customers are attributable to those who last year bought from toysrus.com and this year bought from amazon.com (since there appears not to be any separate toysrus.com site now). That kind of partnership is going to be critical for Amazon heading forward. With Amazon's brand power and website infrastructure, just imagine what they could do if you were running their inventory and marketing, Glenn!