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>A lot of mom and pop businesses (~$20 million) have been built on Amazon over the past 10 years. Most of us are in the $250k to $5 million dollar range. It's
by iancmceachern 3y ago
>A lot of mom and pop businesses (~$20 million) have been built on Amazon over the past 10 years. Most of us are in the $250k to $5 million dollar range.
It's interesting, Amazon also put a lot of mom and pop businesses out of business during this time period as well. The overhead that used to go to local commercial property owners, independent trucking and warehousing companies and such now all goes to Amazon. It's a total monopoly in the old school robber barron sense. Not only do they own the railroad they also own the steel plant and the coal mine.
Break 'em up like Bell I say!
- jollofricepeas 3y agoSelling anything in America is incredibly difficult even when you make design and or manufacture your own products. Amazon controls the connection to the customer. Walmart/Family Dollar control pricing. Stamps.com controls independent shipping/stamps. Stripe and the major card companies take a chunk of fees for credit card transactions.
- TheKarateKid 3y agoeBay controls the consumer reseller market. (FB Marketplace, etc. are designed for local, not national, sales)