“We even evaluated rebates and points-based programs similar to the airlines’, but there’s an important difference between airlines and retailers. Once a plane takes off, its empty seats have no value. Therefore, airlines, in exchange for loyalty, can give away marginal inventory that would otherwise go unsold. Whereas in retail, giving away either product or shipping fees always has a cost. None of the ideas made it very far because they could not meet the three essential criteria.”
―
Working Backwards: Insights, Stories, and Secrets from Inside Amazon
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
0 likes
All Members Who Liked This Quote
None yet!
This Quote Is From
Working Backwards: Insights, Stories, and Secrets from Inside Amazon
by
Colin Bryar7,298 ratings, average rating, 659 reviews
Open Preview
Browse By Tag
- love (101270)
- life (79229)
- inspirational (75736)
- humor (44306)
- philosophy (30930)
- inspirational-quotes (28842)
- god (26847)
- truth (24720)
- wisdom (24591)
- romance (24329)
- poetry (23261)
- life-lessons (22575)
- quotes (20942)
- travel (20552)
- death (20523)
- happiness (18940)
- hope (18516)
- faith (18367)
- inspiration (17287)
- spirituality (15681)
- relationships (15490)
- religion (15363)
- life-quotes (15275)
- motivational (15273)
- love-quotes (15121)
- writing (14930)
- success (14175)
- motivation (13125)
- time (12843)
- motivational-quotes (12111)
