http://www.prestonwily.com/archives/14-margins-nice-one-overstock Marketing, experiences, random thoughts... Fri, 08 Aug 2008 00:41:07 +0000 http://wordpress.org/?v=2.2.3 http://www.prestonwily.com/archives/14-margins-nice-one-overstock#comment-2471 admin Wed, 04 Oct 2006 14:43:03 +0000 http://www.prestonwily.com/archives/14-margins-nice-one-overstock#comment-2471 Dave, thanks for your comment - I agree that the consumers are getting a good deal with Overstock. It's the investors who I feel aren't getting a fair shake. As I was reminded by a friend recently, though, nobody is getting rich on Overstock right now and they very well could pull off an Amazon-like transformation to profitability. I sincerely hope that they do. Dave, thanks for your comment - I agree that the consumers are getting a good deal with Overstock. It’s the investors who I feel aren’t getting a fair shake. As I was reminded by a friend recently, though, nobody is getting rich on Overstock right now and they very well could pull off an Amazon-like transformation to profitability. I sincerely hope that they do.

]]> http://www.prestonwily.com/archives/14-margins-nice-one-overstock#comment-2467 David Kasteler Wed, 04 Oct 2006 02:52:01 +0000 http://www.prestonwily.com/archives/14-margins-nice-one-overstock#comment-2467 As a customer I have been really impressed by Overstock's prices and their ridiculous shipping costs. For our company we order all our shipping materials from them saving us about $100 per month in shipping alone. $1 shipping for a $400 dollar order is unbelievable--that might explain the 14% gross margin. But on the other-hand they have a loyal customer. But will that equate to higher revenues in the long-run by losing on their shipping & handling...they seem to think so. As a customer I have been really impressed by Overstock’s prices and their ridiculous shipping costs. For our company we order all our shipping materials from them saving us about $100 per month in shipping alone. $1 shipping for a $400 dollar order is unbelievable–that might explain the 14% gross margin. But on the other-hand they have a loyal customer. But will that equate to higher revenues in the long-run by losing on their shipping & handling…they seem to think so.

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