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


To: Randy Ellingson who wrote (54902)5/4/1999 7:39:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
So far that view seems wrong, in the sense that Amazon continues to add customers and
apparently keeps many of those it adds. The real number which is missing from their
released data is the percentage of total customers (~8 million now, I believe) who made
purchases during the past quarter.


Randy,

The real number that is missing is how many of that number are active. Amazon does not remove people when they are dead, etc.

Glenn



To: Randy Ellingson who wrote (54902)5/4/1999 12:42:00 PM
From: Greater Fool  Respond to of 164684
 
>>The scenario where the shopper balks at the price and goes elsewhere seems to be the exception.

Well, so far so good. Keep in mind that there's a certain novelty effect ("Wow, I can buy books online! Look at these nifty reviews!") that will wear off. People LOVE to bargain hunt and the internet makes that easier than ever before. It's not that easy yet to comparison shop, but it will get easier, and who won't spend thirty seconds getting a second opinion on their purchase before committing to it at Amazon?

I don't think Amazon's customer numbers mean much. The fact someone filled out an online form doesn't mean diddly to me.

>>The one-stop shopping trip is the way to go

But isn't that what the internet gives us in general? It's not like other vendor sites are on the other side of town; they're all within your PC.

I suspect the future of internet shopping will be super-shop-bots that work with manufacturer sites to coordinate direct shipment of products to you. Supposedly the internet is about eliminating the middleman, yet Amazon is a middleman that gets its products from other middlemen!