Tag Archives: profit

Amazon Now Raking in the Dough

Once upon a time, toward the beginning of the commercial internet, critics questioned Amazon’s aggressive approach in throwing money at the concept of becoming the full-purpose seller of all types of products online. Indeed, while Amazon was growing along the way, it was in the red, far from turning a profit. Detractors believed that Amazon’s “Hail Mary” approach would fail, and the only question was when Amazon would go under, like many other early dot coms.

Well, who is laughing now? Amazon, and CEO Jeff Bezos, of course.  Continue reading Amazon Now Raking in the Dough

Social Networking Can Bring Big Profits To Businesses

Some people wonder whether social networking is a passing fad that will diminish in importance and attention over time. However, a recent social networking study by the McKinsey Global Institute concludes that more than $1 trillion can be realized annually by the value chain of social technologies. When used across enterprises, these technologies have the potential to raise the productivity of high-skilled workers as much as 25%.

Continue reading Social Networking Can Bring Big Profits To Businesses