Post AkZfxWOD7ZmmwYJmSm by ashwin@union.place
 (DIR) More posts by ashwin@union.place
 (DIR) Post #AkZfxFxkCD6lzpoPzM by WarnerCrocker@mastodon.social
       2024-08-01T21:11:43Z
       
       0 likes, 0 repeats
       
       “Federal regulators found that Amazon is a “distributor” and must submit a plan to recall hundreds of thousands of faulty products.”It’s Official: Amazon Is Responsible for Defective Products Sold on Its Platform https://substack.perfectunion.us/p/its-official-amazon-is-responsible
       
 (DIR) Post #AkZfxGrOrHcymRqrjs by nottrobin@union.place
       2024-08-02T21:00:23Z
       
       1 likes, 0 repeats
       
       @WarnerCrocker Wait...> More than 60 percent of sales on Amazon’s webstore are from independent sellers, according to the company.You mean nearly 40% of sales on Amazon *aren't* from independent sellers? As in, 40% of all Amazon sales are sold directly by Amazon? Isn't that absolutely mind-blowing?
       
 (DIR) Post #AkZfxWOD7ZmmwYJmSm by ashwin@union.place
       2024-08-02T21:14:56Z
       
       1 likes, 0 repeats
       
       @nottrobin @WarnerCrocker When Amazon was starting out as a bookstore, they would lose 1 cent on every dollar they made. I used to LOL at how a business could even survive, when they lost 1% on every sale.Given enough VC funding, they killed the competition.The "60% independent sellers" were small businesses, Mom & Pop stores, before Amazon muscled in with its money. Now, Amazon gets a cut out of their pockets.