"I don't get out of bed for businesses doing less than 50% gross margin, son."
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I could have read the conversation wrong I believe Amazon’s margins are higher on their items, rather than profit margin on the cost of receiving/warehousing/picking/shipping 3P’s items. Amazon’s business is so broad, calculating their profit has to be impossible.
They purposefully obfuscate it in their 10k. Perhaps for monopoly concerns. Perhaps, but I doubt it. Probably depends on the sku. However, you didn’t say ads and commission which is bigggggg money.
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So we have all agreed amazon has many business lines over 50% gm? I get wal mart does too have some products over 50% but not as many for sure.
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I’ll agree with that. Walmart definitely fewer if they have any? Costco, besides the membership is all 20% Margin max.
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