Amazon'S Energy Is Exploding To The Maximum Extent?

Amazon President Jeff Bezos said

Prime paid more than 100 million of its membership. Amazon will expand investment to meet the growing demand of customers.

According to the world clothing and shoe net, Bezos published an open letter to shareholders in April 18th. He mentioned the new milestone in the number of members.

The open letter is for Bezos to show his long-term plan to investors, improve investor's confidence in investment and reinvest, for example, to expand the international market.

Build a physical store and develop new products like smart speakers Echo and voice controlled voice assistant Alexa.

Subscribers of Prime can pay for membership fees monthly or annually, so that they can get quick delivery, music and video streaming, free photo cloud storage and other services.

Membership will allow consumers to spend more on Amazon.

Morning Star Inc analyst Hottovy said Amazon had not announced the number of Prime members before, and analysts could only estimate the number based on consumer surveys.

Bezos's open letter also shows that Amazon is trying to sell Prime member services to overseas consumers to prove that it can replicate its success in the United States overseas.

Amason has been losing money in the expansion of overseas markets, but if more users join Prime members, investors will be relieved.

"Europe and other markets are now equivalent to the US market from 2010 to 2014," Hottovy said.

People will see the value of Prime members, because Amazon has fast distribution and abundant products.

For investors, Prime members are very important, because the retention rate of members can exceed 90%.

Bezos noted that Amazon has been doing well in independent surveys such as the US consumer satisfaction index.

It also confirms that Amazon has been trying to satisfy consumers, who are not only meeting the needs of consumers, but also making demands for consumers.

"In this era, you can't be complacent because you have made some achievements.

Consumers will not pay, "he wrote.

In his letter, he praised Amazon's corporate culture. Amazon believes that "high standards" can be obtained by training.

"In a high standard environment, people can do well in learning to achieve high standards.

High standards can be contagious. If you put a new person in a high standard team, both of them can adapt quickly.

Conversely, if low standards prevail, low standards will soon spread. "

Bezos said that in 2017, Amazon delivered more than 5 billion of Prime products, adding more Prime members than ever before.

He also said that computer hardware was particularly well sold in 2017, and the company would increase investment in this field to expand its customer base and improve its customer base.

Visibility and infrastructure.

After the publication of the open letter, Amazon's shares rose by about 1.5% after the delayed paction.

Bezos's open letter every year is very important, because Amazon's profits alone can't attract investors.

Since 2011, the company's profit has shrunk to 2%.

They invest because they believe in Bezos's ability to develop larger markets and find new sources of revenue. Amazon's revenue rose by 31% to $178 billion last year.

Amazon's stock price rose by about 70% last year, almost five times the standard & Poor's 500 index.

Amazon is in a leading position in cloud services, which is a fast-growing high profit market.

The company recently intends to use the amount of consumer visits to establish advertising business.

The company believes that voice control platform ALexa will become the next wave of human-machine interaction to supplement interaction through computer mouse and touch screen.

Amazon is also facing challenges. It has been fighting price wars with WAL-MART for the $800 billion grocery market.

President Trump is also continuing to clamp down on Amazon, accusing Amazon of not paying sales tax, which will hurt other retailers' interests.

In addition, Trump also accused Amazon of taking advantage of the US post office. If the new postal service fee comes out, Amazon's distribution costs will increase.

However, Bezos did not mention Trump's suppression in the letter, and the company remained silent on this matter.

In order to make investors confident, Bezos always referred to his open letter to shareholders in 1997, when he predicted that the Internet would change the way of shopping.

As the richest person in the world, Bezos's strategy and outlook also have a large number of believers, just like Buffett's letter to Boxill Hathaway.

If investors want to understand the economic trend and Buffett's investment strategy, they must read the open letter.

At present, Buffett ranks third in the Bloomberg billionaire index, second only to Bezos and Microsoft Corp founder Bill Gate.

In addition, the company also announced for the first time that the median annual salary of Amazon employees other than Bezos is about $28446, reflecting the salaries of most retail stores and warehouse employees.

This figure is listed in Amazon's annual proxy statement and submitted to the securities and Exchange Commission in April 18th.

The document also includes the highest administrative salaries such as Bezos. In 2017, Bezos received a total of 1 million 680 thousand dollars, including 81840 dollars in salary and 1 million 600 thousand in the "safety management" fee.

The median pay for employees and Bezos's pay ratio is 1:59.

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