Welcome to Tip’d, a social media site for finance, investing, and business topics. Want to participate? » Join Tip’d now! or read our FAQ.
Recently Amazon announced their best year ever despite other retailers reporting one of their worst holiday seasons in years. How did Amazon accomplish this? Through two distinct advantages they have over traditional, brick-and-mortar retailers: 1) Amazon doesn’t have the overhead associated with a physical store and 2) They don’t charge customers sales tax. As a result, Amazon can often sell items for less than many of their brick-and-mortar competitors.
2 Comments
Save & Share
Spam? Topple this!
2 Comments
Save & Share
Spam? Topple this!
longdongsilver
FinancialFellow
Iheartmoney
loan
wangarific
thekritz
Comments
Want to leave a comment on this story? Login or join Tip'd to comment.