- Amazon is rethinking its strategy around items it sells that it refers to internally as "CRaP", which stands for "Can't realize a profit," according to a report by the Wall Street Journal.
- These items include things like bottles of water, paper towels, and snack foods, which are usually sold for less than $15 and are heavy or bulky, leading to slim margins or worse.
- It's now trying to focus on more profitable items instead, and wants to get rid of its CRaP items.
Amazon wants customers to buy less "CRaP" online.
The e-commerce giant is rethinking its strategy around some items it sells which it calls internally "Can't realize a profit" — or "CRaP" for short, according to a new report from the Wall Street Journal.
See the rest of the story at Business Insider
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from Business Insider https://ift.tt/2GllOV7
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