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Yoni Heisler
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- Amazon After is a clever concept that would make it easy to sell, rent, recycle, or donate items you already purchased from Amazon.
- As an example, Amazon After could connect you with companies able to pick up and recycle an old printer you purchased years ago.
- The service could also help buyers looking for a discontinued item to connect with existing owners selling used goods.
When you make as much money as Amazon, it's only natural for investors to ask where future revenue growth is going to come from. After all, Amazon at this point is making more money than anyone could have fathomed even a few years ago.
Consider Amazon's most recent earnings report: the company posted a quarterly profit of $7.2 billion on the back of $125.6 billion in sales. What's more, Amazon throughout 2020 generated $386 billion in sales, a 38% increase compared to the same quarter a year ago. That said, Amazon over the years has impressively managed to diversify its revenue streams with initiatives like Amazon Prime and Amazon Web Services. As to what other types of initiatives Amazon might implement in the future, product design engineer Scott Amron recently came up with a brilliant idea and well-thought-out concept that he calls Amazon After.
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This concept could revolutionize the way you shop at Amazon originally appeared on BGR.com on Mon, 8 Feb 2021 at 10:02:58 EDT. Please see our terms for use of feeds.
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