
It would be ironic if Amazon’s fall were to come about due to the failure of its third-party sellers, given that Amazon has received so much criticism for pushing smaller retailers and brands out of business. Yet it remains a possibility.
Over 50% of Amazon sales are made through third-party sellers, and they are the foundation of Amazon’s meteoric growth in the last few years. However, Amazon has been slowly selling them out, and COVID-19 could finally push them under.
For many vendors, Amazon is their only point of contact with customers, but now Amazon is turning away shipments of “non-essentials” to FBA (Fulfilled By Amazon) warehouses, in order to support smooth flow of “essentials.” This decision has affected approximately 53% of Amazon sellers, preventing them from shipping products to their customers.
via Could COVID-19 Be Amazon’s kryptonite? – Big Think
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Amazon is lucky to get stuff to people within a MONTH now, which means it is failing to meet it’s primary reason for being, which is 1 day delivery.
As truckers get resistance from cities and states locking down, and they are getting sick too, that disrupts things more.
People are waking up to the darkness that is Amazon, and they are switching to local sellers, suppliers and local farmers.
The giant didn’t know it could also get the virus.
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I guess every cloud has a silver lining, Trace.
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Isn’t that the truth!
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If you were trying to cheer me up with this post… you succeeded beyond your wildests dreams. To see Amazon collapse, that would be marvelous indeed.
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BUT THE TARGETS are the small companies etc to consume for monopoly profit
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This is true, finolamoss, but up until recently Amazon made massive profits from small business owners by charging them exorbitant rates to advertise on the Amazon platform. Apparently there a big problems with Amazon delivery at the moment, and many people find it’s quicker to order stuff from local vendors.
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but that does not explain the issue, that big business thrive ie amazon, at expense of small ,furthering the virus modus of monopoly take over and globerlisation.
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I totally agree, finolamoss. I believe the author of the article is merely trying to point out that big monopolies are also susceptible to the effects of the coronavirus economic collapse.
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I Agree with you, To see Amazon collapse, that would be marvelous indeed!!!!!!!!!!!!!!!!!!!!!
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Same here, windwalker11.
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I have to admit, Sha’Tara, that it really cheered up my own mood a lot.
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