Kak
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Lol... I just looked up Jungle Scout... My gosh there is even an app devoted to finding "opportunity" on Amazon that all of the competition has access to. Now you need to use all the tools just to keep up.
Can you say perfect competition? Wow. This is unprecedented.
From investopedia:
Perfect competition is the opposite of a monopoly, in which only a single firm supplies a good or service and that firm can charge whatever price it wants, since consumers have no alternatives and it is difficult for would-be competitors to enter the marketplace. Under perfect competition, there are many buyers and sellers, and prices reflect supply and demand. Companies earn just enough profit to stay in business and no more. If they were to earn excess profits, other companies would enter the market and drive profits down.
Read more: Perfect Competition Perfect Competition
Good luck to you @Ayanle Farah you're going to need it. Honestly it seems like you understand these pitfalls... Why then did you choose FBA?
Can you say perfect competition? Wow. This is unprecedented.
From investopedia:
Perfect competition is the opposite of a monopoly, in which only a single firm supplies a good or service and that firm can charge whatever price it wants, since consumers have no alternatives and it is difficult for would-be competitors to enter the marketplace. Under perfect competition, there are many buyers and sellers, and prices reflect supply and demand. Companies earn just enough profit to stay in business and no more. If they were to earn excess profits, other companies would enter the market and drive profits down.
Read more: Perfect Competition Perfect Competition
Good luck to you @Ayanle Farah you're going to need it. Honestly it seems like you understand these pitfalls... Why then did you choose FBA?
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