Economics 101 for Product Managers by Google Product Leader
The Product Podcast
00:00
How to Scale Up Your Customer Base
Last year, Amazon made about 470 billion in sales and spent more than 270 billion on Cog's alone. Physical supplies are the biggest expense for an e-commerce retail business. Sales and marketing can usually be seen as a variable cost. For Robot PM, they figured that it costs them about 120Ks to acquire one new customer.
Transcript
Play full episode
