>Shipping fees. >People hate paying for shipping. They despise it. It may sound banal, even self-evident, but understanding that was, I'm convinced, so critical to much of how we unlocked growth at Amazon over the years. >People don't just hate paying for shipping, they hate it to literally an irrational degree. We know this because our first attempt to address this was to show, in the shopping cart and checkout proc…
Invisible asymptotes
41–47 of 47 posts
Re: Invisible asymptotes
#42>Shipping fees. >People hate paying for shipping. They despise it. It may sound banal, even self-evident, but understanding that was, I'm convinced, so critical to much of how we unlocked growth at Amazon over the years. >People don't just hate paying for shipping, they hate it to literally an irrational degree. We know this because our first attempt to address this was to show, in the shopping cart and checkout proc…
I just got back from Europe. I loved the way that the price of each object was exactly what I paid. The coffee for 2 euros? It actually cost 2 euros. Now I am in the USA. I go to buy a large coffee for $2.79 and I end up paying $3.10. I hate this very much.
Curious how this affects the velocity of M0 money
Re: Invisible asymptotes
#43Earlier quoted context omitted.
I just got back from Europe. I loved the way that the price of each object was exactly what I paid. The coffee for 2 euros? It actually cost 2 euros. Now I am in the USA. I go to buy a large coffee for $2.79 and I end up paying $3.10. I hate this very much.
Well, when you hand over 2 euros that is inclusive of VAT (which if US resident you are not required to pay/entitled to rebate from the government) so the cost of a coffee is not really what's shown. edit: all the downvotes.. want to reply instead?
Re: Invisible asymptotes
#44> I'm almost invariably more interested in the folks who've registered negative feedback, though I sense many product teams find watching that material to be stomach-churning. YES! I wish more people were comfortable dealing with negative feedback and not just receiving but also giving or soliciting it. IMO positive and negative feedback is complementary. IMO, positive feedback is most useful for reinforcing patterns…
Re: Invisible asymptotes
#45> I'm almost invariably more interested in the folks who've registered negative feedback, though I sense many product teams find watching that material to be stomach-churning. YES! I wish more people were comfortable dealing with negative feedback and not just receiving but also giving or soliciting it. IMO positive and negative feedback is complementary. IMO, positive feedback is most useful for reinforcing patterns…
I know this reveals I'm a rube, but what is the "alpha" from "generating alpha"?
Re: Invisible asymptotes
#46Re: Invisible asymptotes
#47Some good stuff in here that risks being glossed over because of the length. Could use a tl;dr or a 75% reduction in words.