We've done price elasticity studies, and the answer is always that we …

Jeff Bezos
148 citations
We've done price elasticity studies, and the answer is always that we should raise prices. We don't do that, because we believe -- and we have to take this as an article of faith -- that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.
Death Hope Time
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