Interesting. Accounting is used smartly by Amazon. Plus they are masters in linking accounting to convenience. Look at Amazon self publishing. Authors make very little from it, and it also prices books high I feel. Payment time is long and wire transfers have a minimum threshold. But, it's print on demand and totally hassle free, so authors also benefit. Accounting meets seller marketplace meets convenience. Everyone benefits but convener Amazon benefits more and rightfully so.
Great point! I don't know much about Amazon Self Publishing, but it sure looks like their own version of the Apple AppStore. Create a marketplace, allow easy entry, and have a high take rate!
Interesting. Accounting is used smartly by Amazon. Plus they are masters in linking accounting to convenience. Look at Amazon self publishing. Authors make very little from it, and it also prices books high I feel. Payment time is long and wire transfers have a minimum threshold. But, it's print on demand and totally hassle free, so authors also benefit. Accounting meets seller marketplace meets convenience. Everyone benefits but convener Amazon benefits more and rightfully so.
Great point! I don't know much about Amazon Self Publishing, but it sure looks like their own version of the Apple AppStore. Create a marketplace, allow easy entry, and have a high take rate!