Do we need to be worried about Amazon?
It wasnâ€™t a love of books that led him to start an online bookstore. â€œIt was totally based on the property of books as a product,â€ Shel Kaphan, Bezosâ€™s former deputy, says. Books are easy to ship and hard to break, and there was a major distribution warehouse in Oregon. Crucially, there are far too many books, in and out of print, to sell even a fraction of them at a physical store. The vast selection made possible by the Internet gave Amazon its initial advantage, and a wedge into selling everything else. For Bezos to have seen a bookstore as a means to world domination at the beginning of the Internet age, when there was already a crisis of confidence in the publishing world, in a country not known for its book-crazy public, was a stroke of business genius.
Via the New Yorker