Amazon's not making a profit on Harry Potter?

[icarus]

Amazon.com tells its shareholders it's not going to make a profit on the next Harry Potter book.

With their steep discounts, guaranteed delivery and free shipping, they're not going to make a profit on the biggest thing to hit publishing in the last ten years?

Good lord. These guys are as stupid as when I worked for them almost a decade ago. But hey, they are "cementing customer loyalty."

Hello? Customers will be just as loyal if you make a profit.



(Knowing them they just miscalculated the costs and now are trying to cover their collective asses. The place is run by teenagers.)


ETA: In other news, now have 838 more words of Out Of Bounds. And counting.

Comments

[helkamaria.livejournal.com]

I'm feeling kinda resentful over here. I have to pay 27.90 euros for it, which is over 37 dollars. Guess there isn't all that much competition, or market for the English version for that matter, over here.

[icarusancalion.livejournal.com]

You can't just order it from Amazon.com.uk and have it shipped to you? Or is it the shipping charges that are ridiculous?

[helkamaria.livejournal.com]

Yeah, adding shipping charges and VAT to the price of the book means that if I ordered it from Amazon.co.uk, which sells DH for about the same price as Amazon.com, I'd have to pay around 22 euros for it. The difference is small enough that I'd rather buy DH from my local bookshop and get it the day it's published rather than wait for several days. I'm enough of a HP whore to want to do that. :-)