E-commerce
Prime Power: How Amazon Squeezes the Businesses Behind Its…
This article sadly articulates the reality of how Amazon treats sellers. I could provide anecdotes point by point but the article and its stories speak for itself. The revelation that Bezos sees the marketplace as his cash cow for expensive side projects makes sense and shows how he has lost his vision.
The only one I’ll mention is that I don’t know of anyone selling on Amazon who only has them take 27 points of margin. Try more like 38. And consumers should know there is no way Amazon is the lowest price as sellers are forced to pass these costs on. They need to be regulated as there is no avoiding them nor control any seller has which is the definition of monopoly power.
But to make it all work, Amazon runs a machine that squeezes ever more money out of the hundreds of thousands of companies, from tiny start-ups to giant brands, that put the everything into Amazon’s Everything Store.
https://www.nytimes.com/2019/12/19/technology/amazon-sellers.html
