Punit Soni thinks Jeff Bezos is planning in decades with Amazon Prime
Amazon nailed it with Prime. Nothing like a high value loyalty service to keep your users. Killer feature.
— punitsoni (@punitsoni) July 26, 2016
— punitsoni (@punitsoni) July 26, 2016
Great products take time and patience.
Amazon launched Prime in 2005. 11 years of iteration & sticking to the plan.
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.Superpower: planning with time horizons of decades. That kind of game is unwinnable by companies moving from qtr to qtr
— punitsoni (@punitsoni) July 26, 2016
Examples: Goog, AMZN
If I was forced to invest all my money in one company today, it would be Amazon.
— punitsoni (@punitsoni) July 26, 2016
Killer instinct, incredibly long view, deep product/tech
“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
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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