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Invisible asymptotes

eugenewei.com

41–47 of 47 posts

Re: Invisible asymptotes

#41

>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…

The problem is that it's hard to make it really look that simple. If you order a number of items at once, the shipping costs can probably be amortized throughout them. It's difficult to make an incentive system that makes customers want to do that without shipping costs.

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.

Here right now and it’s nice being able to actually use coins rather than have them be ever-accumulating nuisances as they are in the US. Not that often will you receive/need 0.01 coins and almost everything is priced in multiples of 0.10 outside of supermarkets

Curious how this affects the velocity of M0 money

Re: Invisible asymptotes

#43
post #36

Earlier 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?

I did not downvote you, but I can imagine people are down voting you because you seem to be making an effort to miss the point. The point is taxes are included in prices in Europe, but taxes are not included in prices in the USA.

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…

I know this reveals I'm a rube, but what is the "alpha" from "generating alpha"?

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"?

https://www.investopedia.com/terms/a/alpha.asp

Re: Invisible asymptotes

#47
post #5

Some good stuff in here that risks being glossed over because of the length. Could use a tl;dr or a 75% reduction in words.

There were some definitely interesting bits at the start, but I agree. I couldn't make it through. It could use some editing as there are some superfluous statements in there.
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