Quote

The three most important things in retail are location, location, location. The three most important things for our consumer business are technology, technology, technology.

Jeff Bezos

Change background

T
T
T

Change font

TAGS & TOPICS

Jeff Bezos
Age: 60
Born: 1964
Born: January 12
Astronaut
Computer Scientist
Entrepreneur
Albuquerque
New Mexico
Jeffrey Preston Bezos
Jeffrey Preston Jorgensen
Jeff Preston Bezos
Jeffrey Preston ''Jeff'' Bezos
Location
Consumers
Technology
Business
Three
Important
Things
Retail
Consumer

More quotes by Jeff Bezos

Image
If you look at academic studies, you can see that stock prices are most closely correlated with cash flow. It's such a straightforward number. Cash flow is what will drive shareholder returns.
Jeff Bezos
Image
Because, you know, resilience - if you think of it in terms of the Gold Rush, then you'd be pretty depressed right now because the last nugget of gold would be gone. But the good thing is, with innovation, there isn't a last nugget. Every new thing creates two new questions and two new opportunities.
Jeff Bezos
Image
People who are right most of the time are people who change their minds often
Jeff Bezos
Image
When you receive criticism from well-meaning people, it pays to ask, ‘Are they right?’ And if they are, you need to adapt what they’re doing. If they’re not right, if you really have conviction that they’re not right, you need to have that long-term willingness to be misunderstood. It’s a key part of invention.
Jeff Bezos
Image
Mediocre theoretical physicists make no progress. They spend all their time understanding other people's progress.
Jeff Bezos
Image
Our point of view is we will sell more if we help people make purchasing decisions.
Jeff Bezos
Image
It's hard to find things that won't sell online.
Jeff Bezos
Image
I think technology advanced faster than anticipated. In that whirlwind, a lot of companies didn't survive. The reason we have done well is because, even in that whirlwind, we kept heads-down focused on the customers. All the metrics that we can track about customers have improved every year.
Jeff Bezos
Image
If there’s one reason we have done better than of our peers in the Internet space over the last six years, it is because we have focused like a laser on customer experience.
Jeff Bezos
Image
Word of mouth is very powerful.
Jeff Bezos
Image
If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.
Jeff Bezos
Image
One of the things that I hope will distinguish Amazon.com is that we continue to be a company that defies easy analogy. This requires a lot of innovation, and innovation requires a lot of random walk.
Jeff Bezos
Image
It's not an experiment if you know it's going to work.
Jeff Bezos
Image
I love my life. I love being an inventor.
Jeff Bezos
Image
If you never want to be criticized, for goodness sake don't do anything new.
Jeff Bezos
Image
To get something new done you have to be stubborn and focused, to the point that others might find unreasonable.
Jeff Bezos
Image
We're building a unique global platform...In the last 18 months we found that sellers and partners are interested in complementing their online and offline businesses with Amazon's platform
Jeff Bezos
Image
I'm not saying that advertising is going away. But the balance is shifting. If today the successful recipe is to put 70 percent of your energy into shouting about your service and 30 percent into making it great, over the next 20 years I think that's going to invert.
Jeff Bezos
Image
We watch our competitors, learn from them, see the things that they were doing for customers and copy those things as much as we can.
Jeff Bezos
Image
Obsess about customers, not competitors.
Jeff Bezos