43 ms·
> Middlemen, example Amazon, have never been stronger. The strength of a middleman can be directly measured by how much they mark up prices. Does amazon really
by samolang 9y ago
> Middlemen, example Amazon, have never been stronger.
The strength of a middleman can be directly measured by how much they mark up prices. Does amazon really mark up prices more than the brick and mortar retailers it replaced?
- astura 9y agoYou're forgetting Amazon is a "marketplace" and not just a "retail store." Anyway, I don't think "markup" is very much related to how strong they are. I define "strong" as "how critical for business that service is." I'm just using Amazon as an example, one that everyone can understand has a massive amount of power. I think of distributors, not retail stores, to be pretty much the strongest middlemen there is. If you're making a widget are you going to hire someone full time to market your product to individual stores and then hire and maintain a fleet to deliver them? Fuck no you aren't, you're going to call a distributor.
- meh2frdf 9y agoHmm or how much they can out price competitors, which has largely been amazon approach, further more they keep expanding yo new markets!