Amazon can smell the blood in Ads. And it’s going for it
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Re: Amazon can smell the blood in Ads. And it’s going for it
#2> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday.
> In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue.
> Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the returns costs and outrageously even the disposal costs for returned items. Sellers lose up to 200% or more of the product cost on every return.
At some point something has to break and people will start leaving for other ecommerce platforms...right?
Re: Amazon can smell the blood in Ads. And it’s going for it
#3[deleted]
Re: Amazon can smell the blood in Ads. And it’s going for it
#4Yep, the experience has become a complete piece of shit. It looks like an infestation of MBAs. I'm surprised nevertheless, I have always been impressed by Amazon and I didn't expect this short sighted change of direction
Re: Amazon can smell the blood in Ads. And it’s going for it
#5> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday. > In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue. > Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the retur…
First those other eCommerce platforms need to show up. I've been looking for PC parts in the EU and there don't seem to be great choices. Newegg has a good interface but their offer in the EU is poor compared to the US.
Amazon filled a lot of these verticals with sometimes the best service they've ever had and often just good enough. Finding someone else for each is hard. But it may be a good business model fot the next 10 years. Spin up good customer-focused eCommerce operations for a vertical you know well in a market that's large enough (US and EU are both huge). Fraud and cut-throat pricing may eat you up though.
Re: Amazon can smell the blood in Ads. And it’s going for it
#6> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday. > In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue. > Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the retur…
First those other eCommerce platforms need to show up. I've been looking for PC parts in the EU and there don't seem to be great choices. Newegg has a good interface but their offer in the EU is poor compared to the US. Amazon filled a lot of these verticals with sometimes the best service they've ever had and often just good enough. Finding someone else for each is hard. But it may be a good business model fot the n…
[deleted]
Re: Amazon can smell the blood in Ads. And it’s going for it
#7> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday. > In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue. > Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the retur…
First those other eCommerce platforms need to show up. I've been looking for PC parts in the EU and there don't seem to be great choices. Newegg has a good interface but their offer in the EU is poor compared to the US. Amazon filled a lot of these verticals with sometimes the best service they've ever had and often just good enough. Finding someone else for each is hard. But it may be a good business model fot the n…
[deleted]
Re: Amazon can smell the blood in Ads. And it’s going for it
#8> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday. > In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue. > Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the retur…
First those other eCommerce platforms need to show up. I've been looking for PC parts in the EU and there don't seem to be great choices. Newegg has a good interface but their offer in the EU is poor compared to the US. Amazon filled a lot of these verticals with sometimes the best service they've ever had and often just good enough. Finding someone else for each is hard. But it may be a good business model fot the n…
>I've been looking for PC parts in the EU and there don't seem to be great choices.
Have you tried online stores in your country? At least in my country many options exist and they have competitive prices. EU-wide ecommerce is a pipe dream
Re: Amazon can smell the blood in Ads. And it’s going for it
#9> Selling on Amazon has become very similar to gambling in a casino. The lucky few get rich with the millions gambling away their fortunes in the hopes of making it big someday. > In effect Amazon takes at the minimum of 65% of the product cost as it’s revenue. > Even worse is that returns are almost always borne by the seller...Amazon goes so far as to charge the sellers for the selling fees, the ad costs, the retur…
Shopify appears to have a ton of momentum and I've heard it mentioned a few times as a serious future competitor to Amazon's ecommerce business.
Re: Amazon can smell the blood in Ads. And it’s going for it
#10Yep, the experience has become a complete piece of shit. It looks like an infestation of MBAs. I'm surprised nevertheless, I have always been impressed by Amazon and I didn't expect this short sighted change of direction
I think these things become kind of inevitable in big companies once job-hopping careerists take over most of the decision making, optimizing for the short-term metrics that make them look better. It doesn't help that big companies tend to encourage their performance review / promotion culture over time to be hinged almost entirely on delivering 'impact' through these metrics. Of course it's done in the name of being fair and data-driven.