A Simple Comparison of New Kindles
via UBS Research
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With eCommerce Boom Amazon Sales Keep Rising
eCommerce spending grew +14% Y/Y in 2Q 2011 according to Scot Wingo, CEO of ChannelAdvisor (CA), which manages eCommerce for over 3,000 retailers including Dell and Nike. Amazon Same Store Sales of +52% Y/Y in July continues to far outpace the industry. Growth is driven by a +26% Y/Y increase in buyer frequency and +56% Y/Y increase in unit sales due in-part to Prime and 3rd Party item sales. According to Forrester, eCommerce will be a $1T market by ‘14; the US will grow at ~11% CAGR, EU at 19%, and ROW at 29%. [UBS Research Note]
As I said earlier, we are spending more money on Amazon.
Amazon CEO Jeff Bezos on life and choices we make
When you are 80 years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices. Build yourself a great story. (via )
Watch this video of speech Bezos delivered to the Class of 2010 at Princeton University, his alma matter.
