Curation of Information (Photo credit: gcouros) Amazon and Google are content curation giants, major media entities that curate other people’s information. Why Amazon and Google are media entities: Publish information tailored to their audience’s specific needs. Update information on regular basis, namely continuously. Provide multiple points of view. Google displays a variety of content from […]
The Art of Raising Prices: Lessons from Amazon Prime
With the economy on the upswing, most companies are contemplating increasing prices. Amazon recently hiked the price of its Prime service, which includes two-day shipping, Kindle book loans, and streaming video. Raising Prime’s price is especially risky as it’s a key marketing conduit that draws in and engenders loyalty from customers. With a P/E ratio […]