Who the **** in their right mind who spent 10 million dollars knowing the would only 10% of that profit would comeback? IMO that retarded. This 99cent sell is only going on for so long. Unless amazon wants continue putting themselves in debt. I doubt they would win over any iTunes customers in the long run. But w/e That's their loss.
It's a financial maneuver called an Investment. Amazon makes BILLIONS of dollars a year. They are apart of a major conglomerate, so to them loosing a couple million or more is worth the prospect of growing their business. I doubt the plan is going to be that effective, but Amazon thinks otherwise so they will continue to dramatically slash the prices of their music.
Some people need to realise that the world outside of ATRL cares about MONEY, not SALES FIGURES. Interscope wouldn't swallow $2.4 million just to have the bragging rights of selling 1 million, it would be pointless. Also why are some people so suprised amazon is doing this? It's called a LOSS LEADER, it is done by thousands of shops literally all the time. you DO NOT NEED TO BE A BUSINESS EXPERT TO KNOW THAT, only have SOME grasp of reality.
Don't cry for Amazon. They have it all figured out. A company like Amazon doesn't wake up one morning aand decide to send millions of dollars without knowing how to get it back. Also their advertising budget is probably multiple times larger. You're seeing what's happening on front end- on the back end they are making money. You sell the CD for 99 cents, you sign up for Amazons music cloud service.They got at least 300,000 ( 1 per download) new customers for the music service. Through out the year they will go over to the music site and make a purchase. That's back end money. Keep your eyes open for Amazon's financial report later in the year. You are going to be surprised.
Where are all the silly people saying that Amazon had a less than 10% market share? LMAO LMAO LMAO
Also, it does NOT cost $9 to make an album. I don't know where you got that statistic but it's FALSE.
Nobody said it did cost $9 to make an album But that is the price Interscope are selling it at. The retailer is then free to sell it at whatever price they like, as long as Interscope gets their money.
But seriously grow up, there is nothing you, I nor anyone apart from Amazon can do to stop it. You are just going to have to control your inner anguishes because Gaga is selling like hot cakes.
Thank you and I don't have any anger towards Gaga. I bought Born This Way off ITunes & Pre-ordered the CD from Amazon before it came out. But don't compare Rated R's one day Black Friday sale to BTW's first week 99cent sale as an excuse to haters. The curcumstances are nothing alike.
Nobody said it did cost $9 to make an album But that is the price Interscope are selling it at. The retailer is then free to sell it at whatever price they like, as long as Interscope gets their money.
Yes I understand that, that comment was directed at Interscope. For an intermediary, $9 is an extremely high price.
Don't cry for Amazon. They have it all figured out. A company like Amazon doesn't wake up one morning aand decide to send millions of dollars without knowing how to get it back. Also their advertising budget is probably multiple times larger. You're seeing what's happening on front end- on the back end they are making money. You sell the CD for 99 cents, you sign up for Amazons music cloud service.They got at least 300,000 ( 1 per download) new customers for the music service. Through out the year they will go over to the music site and make a purchase. That's back end money. Keep your eyes open for Amazon's financial report later in the year. You are going to be surprised.
If it's true then Amazon clearly doesnt know what is he doing. People would just buy its extremely discounted cd and back to iTunes for normal uses. It's not like they will always buy music from Amazon
Companies take losses all the time... For example, when the Playstation 3 was first released, Sony sold the Playstation 3 at a ~$300 loss each, but they did it so that their incredibly profitable Blu-Ray discs would take off. And it worked.
Well said.
That devil bitch! I'm done.
But that is the price Interscope are selling it at. The retailer is then free to sell it at whatever price they like, as long as Interscope gets their money.
