What are the Superinvestors Buying this Quarter? w/ Investing with Tom
The Young Investors Podcast
00:00
Amazon and Amazon Prime
Amazon is wholesale buying massive global brands. So, i mean, if they are able to buy them in higher quantity, then there could be some room for them to sell them on at a lower price. But that's kind of another way that they can go about it. Another thing that asos does in a lot, and cosco really does this as well, is that they do really good returns. In asos case, because they're n oline retailer, they actually eat the cost of, ah, the return shipping. And amazon is obsessed with lowering prices as well.
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