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Re: New Publishing Company
Amazon created a huge presence in the book market by undercutting bookstores. And people want to save money. Amazon's strategy was simple: buy books in bulk at 50% off and sell them from 20 to 30% off. The consumer saves money and amazon pockets the difference. Then it diversified into other things. Amazon is on its way to becoming a trillion dollar company. Apple just hit the trillion mark.
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