3 ms·
I had to look this up, so for other ignoramuses like me: FBA is Fulfillment by Amazon, where you sell things on Amazon and they handle payments and shipping to
by karaterobot 3y ago
I had to look this up, so for other ignoramuses like me:
FBA is Fulfillment by Amazon, where you sell things on Amazon and they handle payments and shipping to customers.
- m463 3y agoI think this is basically becoming a de-facto monopsony for some folks: https://en.wikipedia.org/wiki/Monopsony https://en.wikipedia.org/wiki/Monopsony
- blibble 3y agoit's a genius business for a "retailer" normally they'd need to pay for storage, stock, liquidation of stock they didn't sell, returns etc and instead now you pay for all of that for them and what do you get in return? - a listing on page 17 of their ever increasingly shitty website behind legions of MINFARTO, PATRONICS and GIBRANKER aliexpress garbage - customer service staff with an inability to understand simple english or basic problems - your genuine stock mixed with counterfeits, that then they penalise you for - paying to give your sales information to them as a potential competitor, as if you do well they'll ripoff your product and they take essentially absolutely no risk whatsoever not a good deal at all
- musicale 3y agoI would believe those are actual brand names. Has anyone created software or a web site to generate hilarious Amazon brand names automatically? Edit: Looks like there are lots of AI-fueled Amazon/business name generators. Most of the names weren't as funny as your examples, though I got some good ones (electrofakes.com, etc.) from prompts like "low quality tech products" and "cheap knockoff technology products." Another site gave me the more Amazon-appropriate LAMOFY, HOROLY, YORBAX, etc. (all with .com domains and premade logos.) As the NYT noted, "Amazon is to fake products as Facebook is to fake news."
- toast0 3y agoI mean, MINFARTO has legs. But then again, I remember seeing COBY products right next to SONY products and I guess they're still around. :)
- ilkke 3y agoSQMY is my fav SONY 'tribute brand'
- civilitty 3y agoMy favorites are HILETGO, KeeYees, AITRIP, "Oi ya gai", Treedix, and Gikfun. I bought products from all these Amazon vendors last year, hilariously they're still around.
- Kerb_ 3y agoYoDoIt, the iFixIt knockoff, always gets a laugh from me
- snuxoll 3y agoHiLetgo is legit, they've been around for quite some time and make decent ESP32 boards among other things. You can tell the FBA placeholders from Alibaba drop shippers because they're almost universally six letters and all uppercase like MOREPI; because this is enough for them to get a trademark to participate in the Amazon Brand Registry and get reduced seller fees.
- TMWNN 3y agoNothing can beat ASHAMED. (Yes, really.)
- internet101010 3y agoOh and if you want your inventory isolated so that it doesn't it mixed in with counterfeits... that's another fee.
- danielmarkbruce 3y agoYeah, there is no risk spending billions on fulfillment centers. Amazon has never blown billions by spending too much on that.
- barryrandall 3y agoAnd the vast majority of the products are just rebrands from Alibaba. As a matter of fact, there's an entire economy centered around finding products on Alibaba to resell on Amazon.
- avereveard 3y agoIt's a super interesting segment there are like millions details for the system to work even if the basic product is the same you can have your own barcode and serial number label attached, you can personalize the packaging, you will have to translate the manual, the are entire microverticals that exist just between the no brand manufacturer and the guy flipping the product on a marketplace even before shipping takes it out of the factory you're already paying like four or more services provider, plus coordinators to make all that happen.
- wahern 3y agoNot to be confused (as I was) with FOB, free on board, a term in commercial sales law, especially wrt international shipping: https://en.wikipedia.org/wiki/FOB_(shipping) https://en.wikipedia.org/wiki/FOB_(shipping) I wouldn't be surprised if the similarity in acronyms isn't coincidental as in the abstract there's some conceptual, if not legal, overlap, and Amazon may have been aiming for something that read like authoritative legalese--the legal department must "always be selling" no less than the sales department. But neither would I be surprised if it was coincidental.