ICYMI: The tech industry has trouble understanding Amazon because their comp is not a tech company. It's Sears.http://stratechery.com/2013/amazons-dominant-strategy/ …
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Replying to @benthompson
@monkbent Nice post. BTW, internally, Amazon explicitly identifies the three key customer values as selection, availability, price.1 reply 0 retweets 0 likes -
Replying to @jasoncrawford
@monkbent Also, Bezos realized early on that economies of scale were key to this strategy—hence the strategic decision to “get big fast”.1 reply 0 retweets 0 likes -
Replying to @jasoncrawford
@monkbent “Get big fast” was, I think, blindly copied by some late-'90s dot-com failures who didn't understand the context or justification.1 reply 0 retweets 0 likes
Replying to @jasoncrawford
@jasoncrawford agree on all points
9:36 PM - 8 Aug 2013
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