I Don’t Shop

$126 billion of value creation.
This is the amount of money that Amazon delivered to its prime members in 2020, according to Jeff Bezos. He got to this number by doing some arithmetic on the amount of time people spend on Amazon versus going to a store.
I don’t even view Amazon as a store. People go to a store to shop. I go to Amazon to buy.  They say that 28% of purchases on Amazon happen in three minutes or less….

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