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Thoughts on Ecommerce: The Status Quo
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- godzillabrennus 6y agoNow the Facebook of e-commerce is Facebook. https://about.fb.com/news/2020/05/introducing-facebook-shops/ https://about.fb.com/news/2020/05/introducing-facebook-shops...
- ozfive 6y agoHow poignant!
- agustif 6y agoOwning your own unique niche is the only way nowadays
- lecarore 6y agoThe ads I can see on Instagram are always following the same pattern : find 1-10 interesting products on AliExpress that are visually appealing. Multiply the price by a factor of two to three. Make a website dedicated to this product only, constantly pretending there's a big exceptional sale right now. They only do droppshipping so the margins are huge. They provide almost no value. And they win the ads auctions. Customers usually get disappointed by the quality as they just bought a cheap Chinese item at a price that makes you think it's high quality.