One such economic moat is a first-mover advantage, especially important for software, internet, and e-commerce companies. In addition, having more historical customer data allows first-mover companies to improve their offerings for both buyers and sellers at a faster pace than their rivals. Founded in 1994 by Jeff Bezos originally as an online bookseller, Amazon soon realized that it could sell just about anything on a new invention called "the internet." Read More...
3 E-Commerce Stocks That Have a Killer Advantage
One such economic moat is a first-mover advantage, especially important for software, internet, and e-commerce companies. In addition, having more historical customer data allows first-mover companies to improve their offerings for both buyers and sellers at a faster pace than their rivals. Founded in 1994 by Jeff Bezos originally as an online bookseller, Amazon soon realized that it could sell just about anything on a new invention called “the internet.”
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