Kak
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Three years ago Amazon was flush with low hanging fruit for the taking. Now, Amazon is starting to look a bit like a saturated bubble to me honestly. The window of opportunity is far more narrow than when I got into it. I have been saying it for years, Amazon should be a spoke to the wheel... not the wheel itself.
The barrier to entry is too low. Any idiot with 2 grand to blow can start an “amazon business” and further push prices in the category to rock bottom and advertising costs into the stratosphere while furthering the reputation that 3rd party sellers pedal a bunch of useless junk and don’t stand behind their products. Only Amazon will be making money once this kind of racket runs its course.
At this point, unless you want to dissect the inner workings of Amazon (NOT YOUR COMPANY AND YOU SHOULDN'T WANT TO) and pull all the magic strings at just the right time forever, it is a distraction devoid of true control.
If I were a brand new entrepreneur, I would be looking for other opportunities. I know this is an unpopular viewpoint, but I don’t give a shit. Folks should be thinking bigger than solopreneur “amazon business” anyways.
The barrier to entry is too low. Any idiot with 2 grand to blow can start an “amazon business” and further push prices in the category to rock bottom and advertising costs into the stratosphere while furthering the reputation that 3rd party sellers pedal a bunch of useless junk and don’t stand behind their products. Only Amazon will be making money once this kind of racket runs its course.
At this point, unless you want to dissect the inner workings of Amazon (NOT YOUR COMPANY AND YOU SHOULDN'T WANT TO) and pull all the magic strings at just the right time forever, it is a distraction devoid of true control.
If I were a brand new entrepreneur, I would be looking for other opportunities. I know this is an unpopular viewpoint, but I don’t give a shit. Folks should be thinking bigger than solopreneur “amazon business” anyways.
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