How Amazon won playing the long game and you can too
Season 1, Episode 537, Jun 12, 2019, 10:00 AM
Have you heard the story of Jeff Bezos and Amazon and how they underpriced diapers? He asked how much diapers are and then cut the price in half. They made money playing the long game. It's a common grocery store strategy, like how they put the low-priced milk at the back of the store. There are times when it's okay to break even or even lose money to acquire a customer.