Jay Samit Quotes

Amazon has well passed any expectations of its ability to change distribution and marketing.

It seems preposterous now, but Amazon began as a bookstore.

Each of us has come to share the same point of view, that a global e-marketplace is absolutely essential if we are to drive new levels of efficiency for the industry.

What we want to be is something completely new. There is no physical analog for what Amazon.com is becoming.

As we have seen again and again, when Amazon doesn't get the economic conditions from suppliers that it seeks, it simply goes its own way. In the book business, that has meant publishing its own titles under the various Kindle imprints. Now it's making diapers.

I see Intershop as a leader in the E-commerce digital economy and believe the company has truly long-term potential.

The difference between Amazon and us is Amazon is more like an empire - everything they control themselves, buy and sell.

After I retired, it seemed to me that there was a whole new world out there, which was a digital world driven by a marketplace, basically, which had a huge potential driven by handheld devices, which would one day become the virtual retail store of India.

I think Amazon is the greatest start-up and the greatest company in the world. The way they are using new technologies is not just disrupting retail, it's getting ready to disrupt everything.

E-Commerce is happening the way all the hype said it would. Internet deployment is happening. Broadband is happening. Everything we ever said about the Internet is happening. And it is very, very early. We can't even glimpse it's potential in changing the way people work and live.

I would think that most of the online business will be conducted by traditional retailers and that over 90 per cent of the e-retailers will, in fact, all go out of business.

Amazon.com strives to be the e-commerce destination where consumers can find and discover anything they want to buy online.

E-commerce is applicable to Russia, just as it's applicable to any other market.

Now along comes the potential creative destruction brought by a different distribution methodology, the Internet.

One of the things it was obvious you could do with an online store is have a much more complete selection.

There's no locality on the web - every market is a global market.

Amazon is a corporation, not a philanthropic trust dedicated to the production of works of art and literature.

Amazon makes money differently from a conventional publisher. It is an infrastructure player.

From the consumer perspective, what happened in the U.S. 10 years ago and Europe five years ago is now happening in Russia. People are beginning to understand that e-commerce is easy and safe.

The biggest part of our business has always been moving things, not paper. With the Internet, people in Mississippi can buy things from Macedonia, without regard to time or place or quantity.

Guess what? The world changes. eBay has defined e-commerce.

I think Snapdeal could become the Alibaba of India.

I was ringside for Amazon and Google.

Amazon's been around for 24 years, and now they're doing what any 24-year-old does: move to New York and gentrify a neighborhood.

The difference between online and offline commerce is basically blurring and disappearing.