Amazon CEO Andy Jassy just joined the company's earnings call for the first time ever and shared 4 of his top priorities: 'Each era is different'
"For any leadership team, each era is different, and it's often meaningfully impacted by what's happening around you," Jassy said.Amazon expanded significantly during the pandemic, doubling its fulfillment center footprint in a couple of years. It also built out a transportation network"roughly the size of UPS" in that same period, Jassy said. That means Amazon has a lot to figure out on how to optimize costs and how to make more efficient decisions.
And when there's more product selection that is delivered quickly, it only leads to high customer satisfaction.In the current economy, customers are"very conscious" about how much they're spending, Jassy said, which makes pricing an even more important factor for them. Amazon has run a number of different deals and promotions recently to help alleviate some of those concerns."We'll continue to work really hard on being sharp on pricing," Jassy said.
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