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RE: The deterioration of Amazon Prime
Makes you wonder if this was the plan from the start, I can’t imagine them making a profit on the original model so I guess they opted to bleed out the value over time.
Amazon has had a lot of difficulties making profit for a long time in the past, despite being so large. Their first goal was customer acquisition and then once they have that, increase profit margins. It's a pretty standard thing to see.
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