Punit Soni thinks Jeff Bezos is planning in decades with Amazon Prime

Amazon Prime is India, and Flipkart’s former Chief Product Punit Soni this it’s a ‘Killer feature’. The former Flipkart top executive sent out a series of tweets on Amazon.

Amazon nailed it with Prime. Nothing like a high value loyalty service to keep your users. Killer feature.

— punitsoni (@punitsoni) July 26, 2016

Great products take time and patience.

Amazon launched Prime in 2005. 11 years of iteration & sticking to the plan.

— punitsoni (@punitsoni) July 26, 2016

 

Superpower: planning with time horizons of decades. That kind of game is unwinnable by companies moving from qtr to qtr
Examples: Goog, AMZN

— punitsoni (@punitsoni) July 26, 2016

Soni also said Amazon is the company he would bet all his money on. Soni was the Chief Product Officer of Flipkart till April this year. He is a former Google executive from California’s Silicon Valley.

If I was forced to invest all my money in one company today, it would be Amazon.
Killer instinct, incredibly long view, deep product/tech

— punitsoni (@punitsoni) July 26, 2016

“If I was forced to invest all my money in one company today, it would be Amazon”. “You gotta come to the US market to see Amazon’s dominance. Regardless of India where the jury is out, Amazon is the stock to buy!” he said.

You gotta come to the US market to see Amazon's dominance. Regardless of India where the jury is out, Amazon is the stock to buy!

— punitsoni (@punitsoni) July 26, 2016

Amazon Prime is a subscription service that has been launched in over 100 cities in India to enable free one-day and two-day deliveries to Amazon customers. Users can sign up for Amazon Prime, starting with a 60-day free trial. If you sign up now, Amazon Prime will cost Rs 499 for a year after the 60 day trial, though the usual price for Amazon Prime in India will be Rs 999 per year.

Prime members are entitled to enjoy Prime Early Access and free fast delivery. This allows member to buy Lightning Deals half-an-hour early. Prime members also have access to exclusive deals from brands and Amazon sellers.

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