Extraordinary Genius

It's almost 2001. Feng Woo is in Seattle, Michigan. This is Jeff? Bezuster deliberately informed Feng Yu to join in, saying that there was good news to tell Feng Yu.

“Ladies and gentlemen, today's announcement of the good news is that with the Q4 profit boost, we at Amazon have made our first profit since we were founded! ”

All the directors and executives are applauding each other warmly. After all these years, Amazon has finally made a profit.

Amazon could have been listed a long time ago, but due to the opposition of the major shareholders, the company has not been able to be listed. It was the spring of the internet company, and after the listing, the stock price soared.

They have complained privately more than once about Feng Yu. If Amazon was listed in '97, they could have cashed in' 99. At least a few dozen times more profits!

Look at that Ebay. After listing, the company's market value has doubled a hundred times. Amazon is not as good as Ebay, is it? Even in their hearts, Amazon may be more susceptible to pursuit than Ebay. After all, Amazon's major shareholder is Feng Yu. This is the Golden Letter sign, which convinces shareholders that the company will give them a guarantee of rich returns!

Feng Yu is the youngest billion-dollar millionaire, and the second-largest person in the world, or the one who beat Soros, in the investment world, Wei Minghe.

Unfortunately, Feng Yu was not listed, saying that the company needed money, so he continued to invest, and only with the support of Bezos, so that they could do nothing about it.

Didn't Feng Yu's assistant Ralph say that if any of you object, it doesn't matter, according to the market price, we'll buy your shares at 10% premium.

Of course they don't!

At the beginning, they embraced the idea of cashing in after the market. But then they saw Amazon's potential.

Online stores do have an important advantage over entities, which is that they can give customers a wider range of product options, even simple ones.

On the US side, many middle classes live in the suburbs, the environment is good, the place is big, and life is more comfortable.

They usually go to a supermarket once a week to buy what they need to live a week, and they are tired every time, sometimes looking for a long time to buy the same item.

But it's different in Amazon's online store, where you can find what you want by tapping a few keyboards and clicking Search. Then just place the order and wait for the delivery.

In the beginning, Amazon also arrived to pay, but some consumers, too, found it troublesome and had to prepare change.

But then Amazon could get rid of the hassle by paying in advance with an online bank. Some users, believing in Amazon's credibility, are slowly becoming more and more such users.

Amazon also has a growing variety of products. They can sell as long as it's legal. Small to toothpicks, large appliances like refrigerators and washing machines can be purchased via Amazon and delivered to your door.

At first glance, more registered users, higher sales, fewer losses, and less noise.

Although they have very few shares in their hands, they firmly believe that this portion of the future shares will yield substantial returns for them. And this day, it won't be too far.

Amazon is planning to log into South America, and by then, the market will be bigger and more money will be made.

In the previous year, Amazon had built a music store that sold a variety of music products, including cassette tapes, CDs, MDs, DVDs, and a variety of players, headphones and other related products. And then Amazon made an MP3 for a fee download.

There was a lot of opposition at the time, and even a few directors were vehemently opposed. This is a paid download, the idea is good, but who would buy it?

But soon they'll know what this is about. AIWA was sued by the American Record Industry Association. And then the MP3 player, quickly caught fire in the US, and then the fire spread across North America, America, Asia, Europe, their MP3 audio downloads, straight up.

Because they have more users and are one of the distributors of AIWA products, many people choose to download MP3s in their music stores, and as a result, their downloads have surpassed those of AIWA.

Almost every month now, they have over a million downloads, and since AIWA launched that new MP3, their downloads have skyrocketed again. Together with the bookstore, this music store became the head of Amazon profits.

And just last month, their music store, which merged AIWA's music website, merged the two, and downloads climbed again.

The directors and executives admired Bezos and praised him for his vision. And Bezos knew very well, and when he was going to download the MP3, he refused.

Just Ralph on behalf of Feng Yu, forced him to get on this horse. As a major shareholder, Feng Yu almost never interfered with Amazon's management. He was merely instructed not to enter Huaxia and Eastern European markets.

And now, Feng Yu actually asked him for it, indicating that he attached great importance to the download of MP3. How dare he not execute it?

And so one credit became his wise decision, his foresight.

Amazon is now not only the biggest online bookstore, but also the biggest bookstore, the biggest music store, the biggest integrated online retailer.

Now Amazon's slogan, “The Biggest Online Retailer," is very arrogant.

No one else can help but Amazon, the largest in terms of product types, registered users and sales, deserves it.

Of course, if it's in terms of market value, Amazon is a little short because Amazon is not listed?

And now Amazon is going to add a slogan: the most client-centric business. Many companies' slogans are client-centric, but Amazon has added one of the most to it, allowing many companies to constantly criticize Amazon for doing so.

Unfortunately, these criticisms not only did not affect Amazon's development, but also increased Amazon's visibility and boosted Amazon's sales festival.

If it hadn't been for Bezos, investing 30% of his income in customer marketing, perhaps Amazon would have made a profit a few months earlier.

But it's not too late to make a profit. Feng Yu was very satisfied with this.

Amazon profits when other online companies are losing money, and that's success!

Feng Yu took the report, curled Erlang's leg, trembled and opened it. He also looked at the report to see what a surprise Amazon could bring him.

But when Feng Yu looked closely at the final profit figures, he couldn't help but turn his eyes.

Profit of over $30,000.

Nima, the world's largest online retailer, makes just over $30,000 a year, and that's good news for me!

……