Tag: amazon
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The Inefficiencies of Local Bookstores
We should not hold Amazon in contempt for pressuring local independent bookstores to the brink of closure and instead should embrace the company for taking advantage of inefficiencies, furthering a reading culture, and–believe it or not–helping us ‘buy local’ more effectively. In response to Richard Russo‘s recent New York Times article berating a recent not-so-well-considered Amazon promotion, Farhad…
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Anatomy of a Price War
With the recent Amazon–Walmart price war on books and the 1992 airline industry price war as the backdrop, James Surowiecki takes a look at how price wars start, how they can be avoided, and how to (possibly) win at them. The best way to win a price war, then, is not to play in the…
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How Reviews Influence Sales (Positive and Negative)
Unsurprisingly, this brief analysis of how reviews influence sales on Amazon equates quite well with my purchasing behaviour; I wouldn’t feel comfortable buying a product with 100% positive reviews unless I knew personally that it was awesome. And a product with less than 15 reviews or so? Forget about it. [A] handful of bad reviews, it…