from _Computist Communique_

Online bookseller Amazon.com has become the 3rd-largest US bookseller in
just three years, nine times the volume of its nearest Web competitor.
It has spent as much as $36 in marketing per $100 in sales. "Now it's
like Xerox. It's entered the language." 
[Washington Post, 09Jul98. EduP.] 

(1) Note the tacit acknowledgement of the **increasing marginal
returns** -- which has been linked to 'software/hardware' economics --
with the decision to spend So Much money on branding.

(2) Incredible rise in sales volume. Imagine what this will be like in
three years. Maybe $110 isn't too much for stock right now.

(3) They have an amazing PR machine.


Kathy

Kathy E. Gill
Business Process Information Visibility, http://process.ca.boeing.com/
BCAG Process Management, http://bpm.ca.boeing.com/  --  425.234.2004
Empty pockets never held a man back. Only empty heads and empty hearts
can do that. - Norman Vincent Peale

Microsoft Exchange: the perfect name for its users' greatest desire!
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