Is Amazon Really Making a Lot of Money on Prime?

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The holy trinity of price, convenience and selection are different in physical commerce. Amazon is not fully saying we just want to make a bunch of money on prime, but I think they do make over $20 billion in revenue per year on just prime subscriptions. If I actually had to pay shipping, would I be paying more than $129 in shipping? Absolutely.

Amazon. No company has impacted the internet — and all of modern life — more than this one. We’ve waited seven years to do this episode, and are so, so excited to finally dive into every nook and cranny of this legendary company. And of course because we’re Acquired and this is Amazon, we couldn’t contain it all to just one episode… even a 4+ hour one! So today we focus on Amazon.com the retail business, and we’ll have another full episode on AWS coming soon. And because all great series are trilogies, to fully understand Amazon we highly recommend starting first with our previous episode on Walmart, which truly is the giant’s shoulder that Jeff Bezos stood upon. Let’s go!!

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