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Amazon reported that in 2018, customers spent $160 billion on items from third-party sellers — 58% of all sales on the site. More than 1 million sellers joined
by AmVess 7y ago
Amazon reported that in 2018, customers spent $160 billion on items from third-party sellers — 58% of all sales on the site. More than 1 million sellers joined Amazon marketplaces around the world that year, according to e-commerce data firm Marketplace Pulse. In this year’s shareholder letter, Amazon CEO Jeff Bezos wrote: “Third-party sellers are kicking our first party butt. Badly.”
This tells me that Amazon is never going to fix the gamed reviews, or the counterfeit items, because doing so will impact their profits.