For most investors, watching a stock they own increase in value by more than 30% in one year would be reason to celebrate. However, Amazon (NASDAQ: AMZN) isn’t just any company, and investors haven’t been used to a prolonged decline in the stock. Since late September, Amazon’s shares have struggled to get back to their old highs. Whether this is a short-term issue, or a longer-term consolidation remains to be seen. It’s exciting when Amazon gets into new markets, but investors should be equally happy that the company is addressing its profit margins in a meaningful way. Fulfillment costs consumed just under 15% of revenue last quarter, and Amazon is making moves to cut this expense. The first step was to order thousands of delivery vans. The most recent step is developing its own fleet of airplanes.
To trade in an item, you have to head over here to get a quote. Amazon will provide you with an instant quote based on your feedback of the item. They will then provide you with a prepaid shipping label to ship the item to them. Once they receive it and inspect it, they will pay you with an Amazon e-giftcard. It’s really that easy. The amount you make will be determined by the popularity and the condition.
As to the issues in IL… there are plenty of ways to avoid having your business closed up by an idiotic Governor including like moving your business to a neighboring state that’s actually business friendly. There are ways around the issues and I know I wouldn’t let Amazon shutting the program down in my state stop me. I can’t legally advise you what to do, but I’m just saying there are ways around it.
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Grocery delivery company Instacart announced today that its partnership with Amazon-owned Whole Foods is coming to an end. Instacart was in the midst of a five-year deal signed in 2016 that established the company as Whole Foods’ exclusive delivery carrier, but the deal became complicated when Amazon acquired Whole Foods in 2017. The details of how the contract was ended are unclear, but it makes sense that Amazon would now want to deliver its own groceries through its own Prime Now and AmazonFresh services.
I have about 4 authority style sites and the rest are all mini ones. I like the money the mini’s can make but there isn’t any attractive exit strategy with those so that’s why I like to do a little of both, but I believe authority style sites have the biggest upside. As for income split I’d have to go back through all the tracking data but I’d peg it somewhat in favor of authority sites (before I sold one of my largest ones)
In response to criticism that Amazon doesn't pay its workers a livable wage, Jeff Bezos announced beginning November 1, 2018, all U.S. and U.K. Amazon employees will earn a $15 an hour minimum wage. Amazon will also lobby to make $15 an hour the federal minimum wage. At the same time, Amazon also eliminated stock awards and bonuses for hourly employees.
I spent around $2,000 on the creation and subsequent modifications of Azon Theme. It’s basically a theme with a ton of different options that has evolved based on my own testing and the feedback from members of my Niche Profit Course (all customers get Azon Theme and the upgrades for free). You can watch a brief video which covers some of the Azon Theme options here