Amazon is an incredible company, and one that I’ve been following for quite some time. However, I have to say that I wasn’t expecting much from the company in late 2014. At the time, Bezos seemed to be on a spending spree and the low margin business model simply didn’t seem to be working. Nonetheless, I’m a big enough person to say that I was wrong! At this point, I’m incredibly bullish on Amazon, and more reasons to be bullish keep popping up. Today, I’ll explain why my mind changed in 2015. We’ll also talk about a new system that could send the stock soaring and how binary options traders can make money from the trends on the stock.
Why My Mind Changed Throughout The Year 2015
As mentioned above, things weren’t looking good for Amazon in late 2014. The reality was that the low margin business model wasn’t generating profits. On top of this, Jeff Bezos seemingly went on a spending spree, spending millions of dollars. However, what wouldn’t be seen then was the fact that Amazon would finally turn a profit, low margins or not. In early 2015, an earnings report showed that the low margin business model was… yes… profitable! On top of this, more and more good news started to surface in 2015.
Soon, we started to see the big money that Bezos was spending pay off. He spent the money to build fulfillment centers near almost every major city in the United States. This would make shipping times faster and appease Amazon customers. On top of that, Amazon Prime proved to be paying off. Sure, the company may have lost some money on the free shipping side of the service, but the amount of money that Prime members are spending on Amazon took the loss and turned it into a gain! All in all, things started to look up for the company!
The New Service That Could Send Amazon Soaring Even More!
Amazon knows that there is one factor that will bring the online shoppers to the website in mass amounts. That is shipping times. The reality is that online shoppers want to get their purchases to their doors as quickly as possible, and Amazon has been working to streamline their shipping process in a big way. Recently, it was announced that Amazon is starting an Uber like service. However, instead of drivers making money by driving passengers around, they will make money by being delivery drivers. In fact, Amazon is already allowing people to sign up and drive for them. A quote from their website makes it very clear what they plan on doing next…
Leave A Comment