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Re:Amazon's Toll Road – How it funds its monopoly empire by jjtheblunt on Friday December 03, 2021 @01:10PM (#29433091)
> 34% means that Amazon is keeping 34% of the retail price of the product as profit. <...> (Costco is much lower, with 15% selling margins)

then later

> But it's not different from traditional retail.

Aren't these contradictory?

Re:Amazon's Toll Road – How it funds its monopoly empire by aidenn0 on Friday December 03, 2021 @01:32PM (#29433381)
Costco is not traditional retail. If you compare Amazon's margins to Costco it will look bad, if you compare it to a cosmetics store, it will probably look good. The (now old fashioned) rule of thumb was 50% margins, but as GP pointed out margins are lower now. 34% is within the ballpark of a brick-and-mortar store.
Re:Amazon's Toll Road – How it funds its monopoly empire by jjtheblunt on Friday December 03, 2021 @02:11PM (#29433927)
thank you