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In a sense entering the market is easy -- sign up to Shopify, drop ship from China, etc. On the other hand, competing in the market is not easy. Maybe that's
by donogh 6y ago
In a sense entering the market is easy -- sign up to Shopify, drop ship from China, etc.
On the other hand, competing in the market is not easy.
Maybe that's what he meant?
- lotsofpulp 6y agoCompeting in any market isn’t easy, especially with low margins. If it was, someone would be doing it, since people have a goal to earn money. The comment I replied claimed Amazon didn’t have competition, to which I wanted to point out that the retail side of Amazon has a ton of competition. And single digit profit margins are pretty hard proof of competition, and/or low barrier to entry. Because again, people have a goal of earning money, and the only reason they would accept single digit margins is if others would take their business.