Amazon gives non-Prime members free shipping at $35 or more of eligible items. Instead of simply letting users get the product with free shipping, they’ve added a discount that prices it exactly one cent below the $35 limit, while only subsidizing the price with $3.38, which is about half of what they’ll then charge you for shipping.

  • ricecake@sh.itjust.worksEnglish
    11·
    3 days ago

    Heh, “revenue is not profit”.

    Non-profits are specifically not allowed to have revenue in excess of expenses. If they take in too much money, the excess has to be put back in for operational expenses in the future, an endowment or something like that.

    • Crassus@feddit.nlEnglish
      2·
      3 days ago

      (In the Netherlands) Non profits are allowed to make profit, they just need to pay tax above a certain amount of net profit. The thing that makes them “non-profit” is that they are prohibited to pay out that profit. Hence there is no incentive for (excessive) profit.

    • NotMyOldRedditName@lemmy.worldEnglish
      11·
      3 days ago

      Yes, nonprofits in the United States can earn a profit, but they must reinvest it back into the organization. Nonprofits are tax-exempt and are formed to serve the public, so they can’t distribute profits to individuals. How nonprofits make money

      Donations and fundraising: Nonprofits raise money through donations and fundraising events

      Earned income: Nonprofits generate income through activities related to their mission, such as:

      Selling merchandise

      Charging fees for services Renting out space Selling food

      How nonprofits use their profits Program growth: Nonprofits use profits to grow their programs, hire staff, and upgrade technology Sustainability: Nonprofits use profits to build reserves for long-term sustainability Fundraising: Nonprofits use profits to attract more support through fundraising efforts

      Restrictions on nonprofit profits

      Nonprofits can’t distribute profits to individuals Nonprofits must reinvest all surplus funds back into the organization Nonprofits must ensure that their revenue is directly related to their mission

      • ricecake@sh.itjust.worksEnglish
        1·
        3 days ago

        Copying a bunch of unsourced text at someone without context is a great way to get them to not bother reading it. Why don’t you type the point you were hoping to make?