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


To: Bill Harmond who wrote (20264)10/6/1998 12:49:00 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Well, yes, William, to the untrained person, yes, an SKU is an SKU.

<<He was hired in July. I'm sure he has plenty.>>

So we don't know how many options he has; nobody does, apparently. And nobody knows how many he has already sold.

Victor



To: Bill Harmond who wrote (20264)10/6/1998 8:41:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
1. An SKU is an SKU. In Amazon's case it goes from the distribution center (or vendor)
directly into a UPS cart instead of into a company semi and then onto store shelves.


William,

It goes from the publisher via a semi to a distribution center. Then it is placed on shelves or bins until needed. It then goes into a UPS cart. An employee much choose the needed book from the bin or shelf and place it on a cart. In a brick and mortar store, the customer is kind enough to go from shelf to shelf, choose the book and bring it to the cashier. The customer does not charge for that service of picking the book off the shelf and bringing it to that cashier. The employee at Amazon sure does expect a salary and it takes longer because a bag is not sufficient. The Amazon book needs to be boxed with a shipping label. The customer at the brick in mortar store has made it real easy for the cashier. He/she rings up the sale and places the book in a bag and says "thank you." The customer carries the book off.

We saved the cost of a shipping box, the labor to pull the book, the labor to place on a mailing label, the charge for shipping from UPS, the person to push the cart around, errors that could occur by shipping the incorrect book, etc.

This is becoming fun.

Glenn