In April, Bezos announced that Prime membership had exceeded 100 million paid members worldwide. Bezos unveiled the figure in his annual shareholder letter — published since 1997 and widely considered a must-read among executives and business leaders around the globe — and noted that in 2017, Prime gained more new members than in any previous year. By comparison, Netflix at the time had 125 million subscribers.
The question at this point is valuation. At roughly 10x revenue and 63x forward EPS, ETSY isn’t cheap, even by the standards of high-margin platform stocks. As Josh Enomoto pointed out in August, the arts & crafts industry isn’t growing. Industry leader Michaels Companies (NASDAQ:MIK) has said the same thing — and it’s rolling out an Etsy competitor of its own next year.
Products in categories requiring approval can be listed only with specific permissions from Amazon. Only sellers with a Professional Selling Plan subscription can sell in these categories. Amazon limits access to sell in these categories to help ensure that sellers meet standards for product and listing quality as well as other category-specific requirements. These standards help Amazon customers have confidence when buying in any category.
Carnival of Souls is a film in the vein of Night of the Hunter: artistically ambitious, from a first-time director, but largely overlooked in its initial release until its rediscovery years later. Granted, it’s not the masterpiece of Night of the Hunter, but it’s a chilling, effective, impressive tale of ghouls, guilt and restless spirits. The story follows a woman (Candace Hilligoss) on the run from her past who is haunted by visions of a pale-faced man, beautifully shot (and played) by director Herk Harvey. As she seemingly begins to fade in and out of existence, the nature of her reality itself is questioned. Carnival of Souls is vintage psychological horror on a miniscule budget, and has since been cited as an influence in the fever dream visions of directors such as David Lynch. To me, it’s always felt something like a movie-length episode of The Twilight Zone, and I mean that in the most complimentary way I can. Rod Serling would no doubt have been a fan. —Jim Vorel
But Amazon holds a unique position in the global marketplace. From its beginnings in 1994, Amazon’s platform was designed to democratize retail. Small vendors or manufacturers could sell outdoor grills, computer bags, and children’s toys alongside established brands. Now, with its expansion into private label, Amazon has shifted away from being an impartial, may-the-best-product-win distribution partner to being a direct competitor to those other vendors.
Speaking of coming-of-age movies, the 1991 feature My Girl is also headed to Amazon on November 1. Anna Chlumsky plays Vada, a young girl who is about to become a teenager and living with her widowed mortician father. She learns a bit about life and relationships with her friend Thomas, played by Macaulay Culkin. Sure, it's more of a family drama, but there are still some fun, comedic moments that make this a classic flick.
The main body of this report discusses our survey findings, question by question. We have also provided an appendix that aggregates various third-party research firms’ estimates of Amazon’s US apparel sales in order to give readers a more complete picture. First, though, we bring together data points from various questions in our survey as we discuss six major themes that emerged from our research.
eBay lets you put items items you own up for auction to the highest bidder, which will attract many shoppers who are looking for used, unique, or hard-to-find items. However, the marketplace is also great for offering items at fixed prices. In fact, contrary to what you might think, 86% of eBay's Gross Merchandise Volume is from items sold at a fixed price and 80% of the items sold on the platform are new, not used.
In a similar vein, Amazon recently started promoting its private-label brands on the pages of competing brands. The complaint some brands made here is that Amazon is getting that advertising space ‘for free.’ But ad space on a highly trafficked site like Amazon is never free. By allocating that space to promote one of its own products, Amazon is by default forfeiting ad dollars from advertisers. Given Amazon’s booming advertising business and how profitable this new division is, Amazon would not be giving up valuable ad space lightly.
A.: Amazon states that there are more than 1 million books available in the Kindle Lending Library. To see if a book you want to read qualifies, simply search for it on your Kindle device, Kindle app or the Amazon website, and see if the Prime logo appears next to it. If so, a Prime subscription lets you borrow it for one month. If not, you'll have to pay for it the old-fashioned way.
Imperiled families are popular forms of community in documentaries this year—on the more heartwarming side is Abacus: Small Enough to Jail, the deceptively straightforward new film from Hoop Dreams director Steve James. In it, James details the ordeal of the Sungs, who ran the only bank to face federal prosecution in the aftermath of the 2008 financial collapse. What’s even more surprising is that their bank, Abacus Federal Savings, was a tiny, local institution catering to New York City’s Chinatown residents—hardly one of the massive financial corporations that helped crater the world economy. There is a happy ending to Abacus’s legal nightmare, however, but James uses the court case as a means to explore the Sung family, particularly patriarch Thomas Sung, who even in his late 70s still elicits a strong hold over his adult daughters, who help run the bank with him while jockeying to curry his favor. Abacus is a family portrait mixed with current events, and if it’s less ambitious than Hoop Dreams that doesn’t diminish the warmth and subtlety James brings to this look at an anxious, close-knit clan who rally around one another once the government goes after them. —Tim Grierson
Amazon.com (NASDAQ:AMZN) is a fearsome competitor. No company has posted the growth that it has for so many years off such a large base. And no stock has been given so much leeway by investors. It’s remained on pretty much every list of best stocks to buy, and traded at huge valuations. That patience has allowed Amazon to trade near-term margins for long-term market share. Its reach has become so vast that it almost seems that there are no Amazon-proof stocks left.
In December 2014, Amazon announced that as a benefit to Prime members located in parts of Manhattan and New York City the capability to get products delivered to them within one hour for a fee of $7.99, or within two hours for no additional fee. As of 2014, 25,000 daily essential products were available with this delivery service. In February 2015, the service was extended to include all of Manhattan. By mid-2016, it had been expanded in the United States to include parts of Chicago, Miami, Baltimore, Seattle, Dallas, Atlanta, Austin, Nashville, Portland, San Antonio, and Tampa. Outside of the United States, it has expanded to parts of the United Kingdom, Italy, Germany, France, Spain, Japan, and Singapore. To meet the on-demand needs of Prime Now, Amazon further launched Amazon Flex, a platform for independent contractors to provide delivery services.
Good delivery system, reasonably priced, decent movie and tv show selection, but some of the original programming is mediocre ranging to so-bad-it’ll-set-your-teeth-on-edge bad, shows like Transparent or Mozart in the Jungle start off strong but quickly degenerate into the worst Showtime-like cheesy schmaltz of star pimping, tired old tropes taking the place of plots, and comic relief comprising little more than a parade of characters written solely as one walking quirk each, while others like The Man in the High Castle are just jarringly bad from the get-go, seemingly written by a committee who studied what tonal elements make up a dystopian setting and then assembled these elements while committing zero interiority to the show. Aesthetics and taste are not Jeff Bezos’ strong suits, apparently. But otherwise this is a fine service, just don’t accidentally step off into Amazon’s own focus group-driven attempts at film or television production and you’ll be fine.
Sprint Unlimited Premium Plan: Includes unlimited domestic calling, texting, 50GB LTE MHS, VPN & P2P & data. MHS reduced to 3G speeds after 50GB/mo. Third-party content/downloads are add’l charge. Plan not avail. for tablets or MBB devices. Select Int’l svcs are included for phone lines. See sprint.com/globalroaming. Subsidized devices incur an add’l. $25/mo. charge. Must remain on Premium plan for a minimum of 30 days.
This camera is designed for the more-than-casual shooter, but is also a great gift for amateur photographers looking to get to the next step. The analog dials offer more control over settings, so you don’t have to rely as much on auto features. With mirrorless technology, the Olympus OM-D E-M10 weighs much less than a standard DSLR, but has the same versatility. For a top-notch Olympus, you can’t beat the price.