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Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

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Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#41
I might be drinking the amazon koolaid but Shopify’s online service and physical product distribution can’t even come close to what amazon has developed. They’re not a real threat. Amazon is really at least 15 years ahead in distribution and operations. We’re using robotics to automate a ton of processes. Jeff Wilke revolutionized the fulfillment centers. Shopify’s platform mainly sells niche things at low throughputs. Amazon is about how can we sell more in the same amount of time so we can continue lowering prices to get more customers and keep selling more.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#42
post #12

Earlier quoted context omitted.

Shopify grew revenue by 50% in Q2, eBay by 2%.

My kids grew their lemonade stand revenue 125% month-over-month. Truly impressive! :-)

I mean doubling anything over a month is super impressive. You think you're making a dope point but you just come across as a simpleton.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#43
post #41

I might be drinking the amazon koolaid but Shopify’s online service and physical product distribution can’t even come close to what amazon has developed. They’re not a real threat. Amazon is really at least 15 years ahead in distribution and operations. We’re using robotics to automate a ton of processes. Jeff Wilke revolutionized the fulfillment centers. Shopify’s platform mainly sells niche things at low throughput…

What matters more then operations is customers. Operations just makes amazon a low cost leader and in that regard sure. But Shopify can beat Amazon through the platform of independents providing more selection and brand connection that may allow customers to be willing to pay a bit more

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#44

Earlier quoted context omitted.

What does that have to do with revenue vs profit?

I'm asking if buying something on eBay technically means paying eBay (revenue) that they then pay out to the seller in a way that it wouldn't with Shopify's Stripe integration. OP didn't say anything about profit.

Buying something for $100 using eBay’s credit card service does technically imply paying $100 to eBay, but eBay would not recognize $100 in revenue. eBay’s revenue from that transaction would only be the fees they collect, mainly the final value fee which is 10% in most categories plus 2.7% in payment processing, and any other fees they charge.

Similarly, Stripe does not recognize the full value of every transaction as revenue, only their fees.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#45
post #41

I might be drinking the amazon koolaid but Shopify’s online service and physical product distribution can’t even come close to what amazon has developed. They’re not a real threat. Amazon is really at least 15 years ahead in distribution and operations. We’re using robotics to automate a ton of processes. Jeff Wilke revolutionized the fulfillment centers. Shopify’s platform mainly sells niche things at low throughput…

Third-party sellers at Amazon don't have robots, and I suppose they fulfill a considerable amount of the volume.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#47
post #42

Earlier quoted context omitted.

My kids grew their lemonade stand revenue 125% month-over-month. Truly impressive! :-)

I mean doubling anything over a month is super impressive. You think you're making a dope point but you just come across as a simpleton.

Seems legit to me. Kids can go from 25 cents to 50 cents quite easy by selling a second lemonade. The needle is much tougher to move with bigger costs and bigger amounts.

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#48
post #45
post #41

I might be drinking the amazon koolaid but Shopify’s online service and physical product distribution can’t even come close to what amazon has developed. They’re not a real threat. Amazon is really at least 15 years ahead in distribution and operations. We’re using robotics to automate a ton of processes. Jeff Wilke revolutionized the fulfillment centers. Shopify’s platform mainly sells niche things at low throughput…

Third-party sellers at Amazon don't have robots, and I suppose they fulfill a considerable amount of the volume.

Third parties get access to Amazon's robots when they warehouse their product at Amazon. And access to prime shipping, etc..

Re: Now Bigger Than eBay, Shopify Sets Its Sights on Amazon

#49
post #45
post #41

I might be drinking the amazon koolaid but Shopify’s online service and physical product distribution can’t even come close to what amazon has developed. They’re not a real threat. Amazon is really at least 15 years ahead in distribution and operations. We’re using robotics to automate a ton of processes. Jeff Wilke revolutionized the fulfillment centers. Shopify’s platform mainly sells niche things at low throughput…

Third-party sellers at Amazon don't have robots, and I suppose they fulfill a considerable amount of the volume.

Sure they do, Amazon fulfillment is a giant business.

https://services.amazon.com/fulfillment-by-amazon/benefits.h...

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