The Dr Boyce Breakdown

The Dr Boyce Breakdown

By Dr Boyce WatkinsBusinessInvesting
Download on the App Store

The Dr Boyce Breakdown episodes

  • Amazon's Global Takeover: 7 Reasons Why No One Can Compete

    Here are some impressive facts about Amazon and how they make so much money:


    1. Net Revenue: In 2020, Amazon reported a net revenue of $386 billion, an impressive increase of 38% compared to 2019. The company's diverse revenue streams, including e-commerce, Amazon Web Services, and advertising, have contributed to this exceptional growth.

    2. Amazon Web Services (AWS): In 2020, AWS generated $45.4 billion in net sales, accounting for 12% of Amazon's total revenue. AWS is the world's leading cloud computing provider, powering millions of businesses worldwide with its scalable and reliable infrastructure services.

    3. Third-Party Seller Services: Third-party sellers accounted for 54% of paid units sold on Amazon in 2020. The company made $80 billion from these services in 2020, earning money through commissions, subscription fees, and fulfillment services like FBA (Fulfillment by Amazon).

    4. Prime Membership: As of 2021, Amazon Prime had over 200 million subscribers globally. With an annual fee of $119 (or $12.99/month), Prime membership generates significant recurring revenue while encouraging customer loyalty and increasing overall spending on the platform.

    5. Advertising Business: Amazon's advertising business brought in more than $21 billion in 2020. As the third-largest digital advertiser in the United States, Amazon capitalizes on its vast customer data and targeted advertising capabilities to generate revenue from sponsored products, display ads, and video ads.

    6. Physical Stores: As of 2021, Amazon operated over 600 physical retail locations, including Amazon Go, Amazon Books, Whole Foods Market, and Amazon 4-star. These stores not only drive sales but also offer valuable customer insights and serve as testing grounds for new retail technologies.

    7. Expansion and Diversification: Amazon's constant expansion into new markets and industries, such as healthcare (Amazon Pharmacy), entertainment (Amazon Studios), and logistics (Amazon Air), has allowed the company to increase its revenue sources and maintain a competitive edge. By staying at the forefront of innovation, Amazon continues to dominate the market and grow its financial prowess.

    8. 39 min
    9. Is your money really safe in the bank or are they just blowing smoke?

      ​Hello, I hope you're doing well. 

      As you're likely well aware, there are serious issues in the banking system.  While we have seen certain banks nearly go under, the truth is that the issues are likely deeper than the media has realized.  

      I spoke on the matter today on my podcast, which you can listen to here.  If the link doesn't work, just make sure you sign up at DrBoyceTV.com.  If you want to listen to my podcast via audio, you can find it on Spotify by searching for The Dr Boyce Breakdown. 

      Secondly, if you'd like to look at our financial workbooks for children, you can take a look by visiting FinancialWorkBooks.com.  These specialized tools, designed specifically for black children, will put your child ahead of the curve and help them to avoid the economic despair that many of us experienced when we were young. 

      Please take care and have a wonderful day. 

      Sincerely,

      Dr Boyce Watkins
      PS. 
      I'll be in Houston April 21st and 22nd for a two day Black Wealth Bootcamp with specific training on How to get off the corporate plantation.  If you'd like to join us, please visit BoyceWatkins.com

      23 min

    About The Dr Boyce Breakdown

    From the publisher's feed

    This is a podcast reflecting the fearless perspectives of intelligent Black people around the world. Led by Finance Professor Dr Boyce Watkins, we engage in expansive, open-minded commentary that will…

    More shows like The Dr Boyce Breakdown

    Drink Champs by The Black Effect Podcast Network and iHeartPodcasts

    Drink Champs

    6,805 Listeners

    The Breakfast Club by The Black Effect Podcast Network and iHeartPodcasts

    The Breakfast Club

    14,187 Listeners

    Earn Your Leisure by iHeartPodcasts

    Earn Your Leisure

    7,843 Listeners

    Million Dollaz Worth Of Game by Barstool Sports

    Million Dollaz Worth Of Game

    10,935 Listeners

    BIG FACTS with Big Bank & DJ Scream by The Black Effect Podcast Network and iHeartPodcasts

    BIG FACTS with Big Bank & DJ Scream

    835 Listeners

    Market Mondays by EYL Network

    Market Mondays

    4,043 Listeners

    Club Shay Shay by Shay Shay Media & Playmaker

    Club Shay Shay

    7,412 Listeners

    The Joe Budden Podcast by The Joe Budden Network

    The Joe Budden Podcast

    10,515 Listeners

    The Table with Anthony ONeal by The Neatness Network

    The Table with Anthony ONeal

    2,051 Listeners

    Trappin Tuesday's by Wallstreet Looks Like Us Now Network

    Trappin Tuesday's

    1,933 Listeners

    BLACK OUT: UNFILTERED & UNCUT with Ian Dunlap & Rashad Bilal by EYL Network

    BLACK OUT: UNFILTERED & UNCUT with Ian Dunlap & Rashad Bilal

    162 Listeners

    Money And Wealth With John Hope Bryant by The Black Effect Podcast Network and iHeartPodcasts

    Money And Wealth With John Hope Bryant

    297 Listeners

    Perspektives by The Black Effect Podcast Network and iHeartPodcasts

    Perspektives

    83 Listeners

    Joe and Jada by iHeartPodcasts and The Volume

    Joe and Jada

    472 Listeners

    ROC Solid by The Black Effect Podcast Network and iHeartPodcasts

    ROC Solid

    166 Listeners