Viewing profile — wiremonger

IMO the significant differences in how Pro and Max are stratified in M1/M2 vs M3 will probably make a lot more sense when M3 Ultra comes out.

Can confirm. Amazon's warehouses have been absolutely packed lately, sellers have have been complaining about inbound shipping limits for most of Q4. This is despite Amazon growing…

We were deciding on a business name at the time, so we didn’t already own the trademark. Based on other similar names that we were considering, voltive.com should probably have bee…

Here’s another perspective. We own voltive.com. It cost us $28k. “Us” is me and my partner, small business owners with families and bills, working to build something of value in th…

For our purposes (and most businesses), those are marginal improvements. And there's absolutely no way the very significant risks involved with handling cryptocurrency are worth it…

We regularly wire our overseas suppliers > $100k. Costs $40 per transaction. Zero paperwork. Takes several hours for them to receive.

I agree, seems to me like a lot of their popularity was tied to pandemic lockdowns coupled with people's balance sheets going up because of stock, real estate, etc. Basically, a mi…

Our products are popular with the vanlife crowd. We’ve sold to dozens of conversion companies at this point (we sell wire that can be used to hook up all the low voltage devices th…

Flexport is a freight forwarder. You tell them where you want your international shipment to go and they make all the arrangements with the various intermediaries to get it from or…

By your theory, any business with suppliers or retail customers is one hire away from extinction. But we don’t actually see all that much of this kind of competition out in the rea…

How would another marketplace lowering their referral fee cause sellers to raise their prices? They can either keep the extra margin at the marketplace with the lower fees, or they…

Counterfactual is a good term for the scenario you described since it is counter to the actual facts in this situation, which are that Amazon's referral fees are in line with all t…

> Fees are even less if they sell direct on Ebay or Shopify. eBay charges similar fees: https://www.ebay.com/help/selling/fees-credits-invoices/sell... Shopify is not a meaningful …

This is nuts. Amazon is simply choosing not to show the product. It's the seller who decides what to do about that. They can raise the price at the other retailer or they can lower…

> 10-15% could be 50-60% profit for most sellers. Yup. Amazon provides an extremely valuable service to us: they provide a stream of customers who are at the end of the sales funne…

They (as in, Amazon) are not setting prices. The 3rd party sellers decide what the prices are: they can either lower the price on Amazon or raise the price at the other retailer. A…

> Selling on Amazon takes a 18-33% markup on the price of the product. Amazon forces this margin consumers by requiring sellers to not sell cheaper elsewhere Amazon charges a refer…

But Amazon isn't doing this so that they can make the other retailer's customers pay more. They're doing it to make sure their own customers pay the lowest price that prevails in t…

> with insane fees on sellers We sell on Amazon. The fees are not insane. It varies by category, but typically they range from 10-15%. Amazon brings tons of value to the relationsh…

Agree with your larger point, but prices actually were flat or slightly down in July vs June, which is deflation (they were up year over year, but that’s due to inflation in preced…

> This seems like a non-story. It’s still very much a story. A big question has been whether recent inflation would be transitory. Ocean shipping rates coming back down means that …

Small tidbit: for cables that are permanently installed in buildings, the insulation and jacket material is more important than the thickness. Typically these installations are ins…

> I suspect that our largest improvement would come from investment in transportation infrastructure for goods -- all of that is super choked right now and it affects everything. J…