Amazon Prime Loses $11 Annually Per Member (And It’s a Huge Success)

moneyland.time.com

8 pointsmshafrir2 comments

I can't get enough of Amazon Prime, but I could never figure out how they made money shipping me a single AA battery via UPS almost overnight.

Now I know.

"Prime members’ spending at Amazon already accounts for a whopping 40% of the company’s domestic revenues."