If someone made such efforts to buy something from me I'd be more reluctant to sell it I think. Maybe sellers who have big potential to scale could in stead get the services of some advertising agency and data science experts for some hours. Employ students for extra work etc if they lack certain skill sets and maybe take some online business course. I know these aggregators have economy of scale but if there's great potential in what you started to build maybe you'd like to keep growing it and get the continued earnings rather than a one time sum. Unless you're fed up with it.
I personally will buy from the same seller if the last thing was a good product that works. This is more important on eBay and fb marketplace but it can work for Amazon too.
A bunch of people using money to not work, and pretend they run the whole thing.. typical silicon valley and NYC rich kids who have no real value or skills in life, typically.
It's not a fair Marketplace. These big aggregators won't win because the largest aggregator of them all is Amazon themselves and when something sells good enough Amazon buys it directly from the source and removes all the middle men almost every single time and that includes these aggregated companies that want to be the next big brand. Amazon has more data than all of these small companies combined and always uses it to knock the others out of the competition including some aggregator which uses Amazon
@@NadeemAhmed-nv2br i dont think thats what amazon wwants. they already take a cut from all these people under their umbrella. why would amazon want to take over a paying tenant?
@@aj-sz8mu To get even more rich. Nadeem is absolutely correct. You'd know this from personal experience if you'd sold any kind of good profit margin products (particularly for over a year) as an Amazon vendor. Out of nowhere you'll see models identical to yours, sold by Amazon themselves, and priced at least ~3-10%+ cheaper.
@@spicysalsaking791 oh i fully know it. duh amazon even have "amazon products"... Amazon products are NOT some "bought previously 3rd party amazon associate". they may make competing products, but they definitely wont buy the hundreds of different labels that is basically the same thing. Thus why amazon went with their business plan in the first place. they are always going to be a 3rd party selling field. Having other people do the work is literally why they're rich and it works. Their main product is their website. They can screw 3rd party sellers a whole lot easier if they stay that way, as 3rd party. The same exact thing is literally why they'd rather hire contractors for delivery than use ups etc. Amazon isnt suddenly a "delivery service" (like you're saying.. "buying up the business", lol its not). nope. they want it cheaper, and the way to do that is to leave the 3rd party folks to make up the delivery system for them.
Yoo, I was going to say the same thing. I dislike even telling people I’m an entrepreneur now cause people have ideas to be bought out not to actually grow anything.
They are doing something though? Marketing, supply chain management, improving product, increasing efficiency, lowering costs, increasing margin etc. You just don’t know anything about business and probably think you have to “create” a “new” product to be productive or something
@@danielromerosol4158 Top country in number of patents filed... Business leaders and innovators flock to the US for funding and development of their products.... I don't see the problem. I don't see a country that is doing better and if you say China, congrats! You fell for propaganda
Couldn't agree more. I've been buying on Amazon since 2010. Recently it has been filled with crap or resold crap that's 2x the price. I've honestly started to consider canceling my prime membership. It doesn't seem that great anymore. I saw an electric kettle that was $45 on Amazon. Went to Walmart and found it for $25. Exact same brand and model. Ridiculous. A lot of sellers sell products at normal prices and once they get 5 stars they jack up the price and people keep buying because of the reviews.
They are are on snake territory. They better aggregate quickly and leave amazon. Maybe setup their own online stores. Otherwise, they will get bitten by the snake.
You started a company that resells cheap junk you found on aliexpress. You managed to get that product to sell well on Amazon. Agreggator comes in and buys your company and pours more money into advertising your cheap junk. Rinse repeat with as many companies that sell cheap junk.
This sounds like a way for large companies to hide behind small sellers. no one will see how big these aggregators are getting because we will not see their names plastered every where.
I avoid buying from third-party sellers even if they are being shipped by Amazon. That's how you get counterfeits. Unless the third-party seller is the actual brand I want to buy.
Doesn’t make a difference….even if Amazon fulfils the third party product, they lump the counterfeit and legit brands together and sell it. Go to the actual brand online store and get your legit product
The problem with Amazon (or Walmart) third-party seller businesses is that they are one-horse towns; i.e., they are totally dependent on the Amazon platform for their revenue and survival. Once Amazon decides to change their terms of service, their customer base can disappear overnight. This has always happened in the business world,whether it was affiliate marketers relying on Google for SEO only to have a Google algorithm change wipe out their traffic, or in old school business having GM suddenly moving car manufacturing to China or Mexico, thus wiping out the economy of Detroit.
I was doing well until they decided to suspend my account for a reason they didn't want to specify. Months later they magically reinstate my account. After losing all my inventory , no thanks.
I bet the brand loyalty in Amazon is the "Buy this again" button. If Amazon gets that fulfilled by another seller, the buyer won't even notice the difference.
Just know they never last long these are cash grab business that act similar to a investment stock. It is extremely volatile and the only ones who will profit are the ones who got in on the hype first. Once Amazon changes the business model they will sell everything lol. I can see that happening in the next two to three years
Maybe I’m missing something but the only thing I see different between aggregators and a company like Proctor & Gamble is the fact that once a brand is inquired, they may change the brands image in multiple aspects to make it look better. I suppose P&G would never do that. But otherwise, it’s just a smaller scale P&G, flexing their money, buying up smaller independent sellers. But I can’t really blame them if the independent sellers are willing to take a couple million, not realizing that the aggregator will make 5x what they’ve made off their own business.
For some that's the dream: build a small to medium sized business, get bought out without needing to scale up (and the intricacies/stress associated with scaling up), rinse and repeat. It's pretty common especially since the tech world where people will start companies hoping to one day be bought out by one of the tech giants before needing to hire too many people and deal with becoming a fully fledged company.
With all these resellers and aggregators the quality went down the hill. 7-10 years ago Amazon used to be a place where you could get quality products and great service.. Not anymore! The focus is now shifted to reaping profits and I try not to buy from Amazon whenever possible.
Exactly. People who do nothing, and wholesale while having 1 or 2 lowpay employees run the whole thing for them... stop support these corporate people, they are worthless to society and just raise rates on basic goods to resell to us. Support local companies that care.
I just need someone to tell me what product I should start selling this month or next on Amazon. My budget is $2,000. I have been searching for product for the past 11 months using Jungle Scout to no success. Thanks in advance!
No one is going to tell you what to sell. It’s just part of being a seller on Amazon. You need to do your own due diligence otherwise you won’t progress.
@@Emma-hd2de i would recommend starting your own woo commerce store or something similar. Amazon waits until a product does well and then buys the product and sells it and pushes your listing so far down no one can find it.
I totally agree with you. It's been so so wonderful!! after I met a Professional from a reputable firm earlier this year... Retiring by next year with absolutely no fears!!
Thats really impressive. Have tried doing that on my own without luck for sometime now. Getting fed up by the day. Tips will be appreciated. Do reply thanks.
I worked with "Sandra Yvonne Webster", she was in the news when she revived Manning and Napier. In all honesty, she's an Angel. You can look her up to get more on her!
just do something that will earn you some money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life could be like without your usual income stream and everyone had to stay home. Well I never felt it because I invested in a trading company where I earn 4 digit per week. The best thing you can do for yourself is invest more and spend less
talking about investment, the forex market is by far the biggest and most popular market in the world, traded globally by large number of individuals and organizations.
there are lots of good experts out there but most offer little ROI’S. I have also been trading with Patricia team n have mad over $24,000 on average Month from their trading bots. Her profits are secured and over 💯 return of investment.
These experts, with their way to get their items at the top of searches even when they are irrelevant, are annoying. The search function for Amazon sucks now.
I usually scroll dow the page a little. Too many sponsored, I want to buy your business/customer at the top. Click on every sponsored add you come across. The companies pay per click for a higher posting. If more people did that, it would crash Amazon’s business model.
They should really be following the propose legislation from Washington that could end third party selling on Amazon as well as many other market places, if Amazon is forced to chose between serving as a market place or selling it's own products within the market place it controls.
Selling more and more cheap polluting Chinese made junk online seems the way to go. Those "aggregators" present themselves as "unicorns" but in the end it's Amazon that will eat them all :-)
I think someone, for example one or more aggregators, should perhaps start their own Amazon. Considering how profitable Amazon is, I think it should be possible. Cause they could compare the price with Amazon and sell to a competetive price.
You know when I start seeing “Amazon best selling” badge and high ratings on stuffs that don’t look promising, I always wonder if there is some type of market/analytics manipulation behind the scene. I cant help wonder if these aggregators are behind those products rating or product pushes.
Speaking of Amazon I ordered a thesaurus from Amazon but when it arrived I found all of the pages were blank. I have no words to describe how angry I am.
what I understand from this video based on your definition of aggregator and the description of their role is that aggregators are the online version of a franchise holder.
SO...what this all means is...we got these aggregator companies in the disrupter market funded by other companies to get money to buy out indie ecomm sellers and they have enough investor money to 8x a single brand for better ROI back to the investors as well as for these aggregators...easier for AMZN sellers to maneuver via AMZN rules, policies, etc and a higher chance to get bought FASTER BUT also for cheaper vs. if these aggregators didnt exist...can be a lot of money, MANPOWER, and resources to run just one small business - regardless if its brick & mortar or 100% online...now 100x that...that is an aggregator... final question would be what does this mean for amazon...are aggregators a threat/more competition? Cuz any one of these aggregators can start copying each of these brands since they did buyout/acquire the small businesses...and they can continue getting more investor money to start buying out OTHER AGGREGATORS...AMZN products...will soon turn into Thrasio products...but of course...even though these aggregators are already making lots of ROI both back to their investors and themselves...they would still need to scale create other subsidiaries to compete with AMZN in other markets...cloud IT, entertainment, logistics, news media, brick and mortar retail...etc. by that time...AMZN would probably buy them out...or...you might have a three way war between walmart, AMZN, and an AMZN aggregator turned solo behemoth competitor.
Let them have an all out war that would be good. If Amazon and aggregator would collaborate then it would be to destructive for consumer. And there could be or need to be a rise of new competitor.
Nice post. Could go either ways. For Amazon's viewpoint it could be positive, as these aggregators would work (market, operations, sales) harder to sell more on Amazon to 5x - 10x the business they acquired. As long as, they stay on the platform, Amazon will continue to get their commission. However, they could be a flipside as well. These aggregators would have more negotiating power & probably ask Amazon for better services or reduced commission or they might go n set up their own store. This is assuming they develop their own brand over time
That won’t happen. Amazon bullies huge billion dollar brand name companies right now. They do it because they own the most important part of the puzzle. The customer data.
@@rockjockchick yeah customer / people data…FB got in trouble for selling data…but I’m confused cuz it’s still ok to own and sell data? So is it ok to gather, own and sell data for billions or is it not ok to touch data…what can you do and can’t you do with customer / people data?
If alibaba or Ali express get there shipping infrastructure where they want it (3 day shipping from China to the states) Amazon will panic for the first time since it’s existence
Unless we can have manufacturing back to America otherwise it is hard to fix this problem. Most of the stuff people buy are non tech stuff. It is what American do not want to make.
I just cant believe that we’ve come this far, and people are choosing to “innovate in the dividable container market”… Not like there’s diseases that need to be cured, or people that need clean water right?
Amazon killed the m&p store and this cancer goes even further ... I had more hope for diversity 😯 soon you can only buy the same 2-3 things and they are all crap.
Dave, is anyone paying you to endorse these cigarettes of finance?--Even if they're not, plugging these things to those who you aren't 100% sure are financially disciplined is very irresponsible.
Kinda sounds like these businesses are gonna ruin it for future people who wish to sell on Amazon. Before you know it the barrier for entry on their platform will be too high for everyday folk and before you know it you'll be forced to work a deal with these aggregators before you can even get a listing up. We'll see how this video ages in 5 years. And then 5 years after that.
So their just adding marketing value, educating sellers, and providing a network for them to sell efficiently? All at the same time promoting competition and lowering prices? sounds like a better shopify, but could you really purchase almost all goods online versus brick n mortar?
I am extremely loyal to good brands on Amazon. Good quality items can be very hard to find, even between stores and online. Once I find a good brand I stick with them.
lol the founder of Amazon, Jeff Bezos, is literally the richest man on earth right now, so of course, Amazon is big. its true to its name, an amazon rainforest jungle.
So do these guys buy small little Etsy style brands and then run them like shelf in a supermarket? Or do they buy any popular drop shipping style retailer. Like are mom & pop shops becoming more visible or will cheap imported plastic crap be hawked even more now?
These aggregators are selling software subscription to the companies that already survived the startup phase so it’s less risky to be an aggregator. How come I didn’t think of that. Lol
When working hard isn't literally sweat and muscle power under the sun but sitting on your comfy couch just tapping the screen away. Currency do seem less of a worry when it's all digitized, it's all just numbers on the screen. How do you think those casino slot machines make so much money from addicted gamblers? What do you think the bankers were thinking when they were trading in Wall Street? Properties pricing is almost doubling up soon, while more and more people fell into the homeless curse from eviction, jobless, covid and knowing that plenty of vultures such as the Koch Bros' partners will be pouncing at their home when it's up for auction.
I think there's a reason this looks like one of those MLM conventions
My first reactions exactly
The world economy is build now on every day ponzi schemes. Its good money but you need to diversify your portfolio.
Scammers
If someone made such efforts to buy something from me I'd be more reluctant to sell it I think. Maybe sellers who have big potential to scale could in stead get the services of some advertising agency and data science experts for some hours. Employ students for extra work etc if they lack certain skill sets and maybe take some online business course. I know these aggregators have economy of scale but if there's great potential in what you started to build maybe you'd like to keep growing it and get the continued earnings rather than a one time sum. Unless you're fed up with it.
Thank you! I can’t explain why but I just feel like this is going to turn out to be corrupt somehow
Is there really brand loyalty on Amazon? I thought most people just bought the cheapest item with a decent rating.
Mostly scams.
I personally will buy from the same seller if the last thing was a good product that works. This is more important on eBay and fb marketplace but it can work for Amazon too.
on eBay I only buy from sellers that have 100% ratings
yup there is hardly any brand royality in amazon. just fake reviews sells more stuff
Honesty
Remember it wasn't the miners that got rich during the gold rush. It was the vendors selling tools and dreams on the way to the hills.
In this case small businesses?
True
@@kolacao8134 he means the aggregators
Same thing my history teacher said years ago
@@kolacao8134 Aggregators are the dream dealers and small businesses are the miners that did all the hard work to be taken advantage of in the end.
So many buzzwords I could write a Silicon Valley Spin-off.
There's so much mumbojumbo in this video it's hilarious 😂
Asset class
Unicorn status
Disrupter
Didn’t you hear? they use a 503 point elimination process
Why do so many of these Amazon-adjacent people look like they got fired from Starbucks?
A bunch of people using money to not work, and pretend they run the whole thing.. typical silicon valley and NYC rich kids who have no real value or skills in life, typically.
They DID get fired from Starbucks
Seattle company
OH MY GOD. 😂😂 how factually accurate this comment is 👏🏼👏🏼👏🏼👏🏼
@@dertythegrower Hedge Funds are mostly ran by old people tho?
I bet some aggregators are going to merge with each other to get more leverage over smaller aggregators.
It's not a fair Marketplace. These big aggregators won't win because the largest aggregator of them all is Amazon themselves and when something sells good enough Amazon buys it directly from the source and removes all the middle men almost every single time and that includes these aggregated companies that want to be the next big brand. Amazon has more data than all of these small companies combined and always uses it to knock the others out of the competition including some aggregator which uses Amazon
@@NadeemAhmed-nv2br i dont think thats what amazon wwants. they already take a cut from all these people under their umbrella. why would amazon want to take over a paying tenant?
@@aj-sz8mu To get even more rich. Nadeem is absolutely correct. You'd know this from personal experience if you'd sold any kind of good profit margin products (particularly for over a year) as an Amazon vendor. Out of nowhere you'll see models identical to yours, sold by Amazon themselves, and priced at least ~3-10%+ cheaper.
@@spicysalsaking791 oh i fully know it. duh amazon even have "amazon products"... Amazon products are NOT some "bought previously 3rd party amazon associate". they may make competing products, but they definitely wont buy the hundreds of different labels that is basically the same thing. Thus why amazon went with their business plan in the first place. they are always going to be a 3rd party selling field. Having other people do the work is literally why they're rich and it works. Their main product is their website. They can screw 3rd party sellers a whole lot easier if they stay that way, as 3rd party. The same exact thing is literally why they'd rather hire contractors for delivery than use ups etc. Amazon isnt suddenly a "delivery service" (like you're saying.. "buying up the business", lol its not). nope. they want it cheaper, and the way to do that is to leave the 3rd party folks to make up the delivery system for them.
Then Amazon buys them out.
Love this country… intermediaries… you can pretend to create value by doing nothing
How did America become the nation of leechers that call themselves entrepeneurs? Everything has intermediaries that earn millions.
Yoo, I was going to say the same thing.
I dislike even telling people I’m an entrepreneur now cause people have ideas to be bought out not to actually grow anything.
They are doing something though? Marketing, supply chain management, improving product, increasing efficiency, lowering costs, increasing margin etc. You just don’t know anything about business and probably think you have to “create” a “new” product to be productive or something
@@danielromerosol4158 Top country in number of patents filed... Business leaders and innovators flock to the US for funding and development of their products.... I don't see the problem. I don't see a country that is doing better and if you say China, congrats! You fell for propaganda
@@ling636 ok murica brainwashed propaganda victim 😂
Huh, it's no wonder that there's so much garbage product on Amazon these days...
OMG yes….tonsssss of crap. Hence the high product return.
This is exactly why
You noticed that too hey? so much junk!
Couldn't agree more. I've been buying on Amazon since 2010. Recently it has been filled with crap or resold crap that's 2x the price. I've honestly started to consider canceling my prime membership. It doesn't seem that great anymore.
I saw an electric kettle that was $45 on Amazon. Went to Walmart and found it for $25. Exact same brand and model. Ridiculous. A lot of sellers sell products at normal prices and once they get 5 stars they jack up the price and people keep buying because of the reviews.
Amazon Basics is the ultimate Aggregator 👀
True!
Haha I cannot agree more.
So how did you come up with the name Perch?
“Well we started with poach, but figured that was a bit too honest”
underrated af
Haha
And then amazon will buy out all the aggregators or force them to sell by preventing them from using amazon services.
Hahahhaaaaaaaaahahaaaa
That would be a bad idea if amazon is already making money and wants expand aggregators business.
They are are on snake territory. They better aggregate quickly and leave amazon. Maybe setup their own online stores. Otherwise, they will get bitten by the snake.
The last guy said he wants to distribute brands in others ways than amazon...they wouldn't like that
Ya there is no way that would fly. Sec would be after them
Still have no idea what a Amazon aggregator is.
I know I still don't get crypto the best I could come up with is Chucky Cheese 💵
lol
@@charlesoliver6595 haha 😆
A large company that buys smaller companies.
You started a company that resells cheap junk you found on aliexpress. You managed to get that product to sell well on Amazon. Agreggator comes in and buys your company and pours more money into advertising your cheap junk. Rinse repeat with as many companies that sell cheap junk.
This sounds like a way for large companies to hide behind small sellers. no one will see how big these aggregators are getting because we will not see their names plastered every where.
Bingo!
Until FTC breaks them up. It just takes a competitor to make an anonymous report.
@@Nicholas-f5 Why haven't they broken Amazon up?
@@Nicholas-f5 Break them up? hahah
HAHAHAHAHAAAHAHAAH
Must be nice living in a bubble.
I avoid buying from third-party sellers even if they are being shipped by Amazon. That's how you get counterfeits. Unless the third-party seller is the actual brand I want to buy.
i usually go by the reviews of the product in particular before I buy something from Amazon
I usually only buy movies or books third party.
@@jorgeir3582 60-80% of reviews are now fake or sponsored. just can't trust them
@@antonzhloba6929 I know about that too but yk I pretty much I can tell which ones are legit
Doesn’t make a difference….even if Amazon fulfils the third party product, they lump the counterfeit and legit brands together and sell it. Go to the actual brand online store and get your legit product
We've come millions of years in evolution to selling crap to each other 🤣
Haha it is true. It is also how economy works too.
The problem with Amazon (or Walmart) third-party seller businesses is that they are one-horse towns; i.e., they are totally dependent on the Amazon platform for their revenue and survival. Once Amazon decides to change their terms of service, their customer base can disappear overnight. This has always happened in the business world,whether it was affiliate marketers relying on Google for SEO only to have a Google algorithm change wipe out their traffic, or in old school business having GM suddenly moving car manufacturing to China or Mexico, thus wiping out the economy of Detroit.
Is this capitalism or neoliberalism?
it happens all the time. its a problem yes. but a gamble that may pay off if you ride the boat well enough before it sinks.
You think they don’t know that?
Ask any sellers who sold Apple products before Amazon and Apple made a deal. Business is both risky, and full of opportunities.
I was doing well until they decided to suspend my account for a reason they didn't want to specify. Months later they magically reinstate my account. After losing all my inventory , no thanks.
I bet the brand loyalty in Amazon is the "Buy this again" button. If Amazon gets that fulfilled by another seller, the buyer won't even notice the difference.
Love learning about a new segment of the market I wasn't aware of until now.
There is nothing but lies being taught in the democratically run public schools! Fact!
Just know they never last long these are cash grab business that act similar to a investment stock. It is extremely volatile and the only ones who will profit are the ones who got in on the hype first. Once Amazon changes the business model they will sell everything lol. I can see that happening in the next two to three years
It's just shark tank/dragon's den for Amazon.
“Amazon really cares about the small third party sellers like us”
- Says an “amazon aggregator” who just bought out another brand
She isnt an aggregator genius
@@noahno she literally just bought out another amazon-only brand, she’s an aggregator
Overall business plan is the automate the automated by automating the automated. Code the coder…
Code in the consumers as well. Automate the whole process.
It's simply a monopolising trend in the market. Once they become well established, it's no different to P&G
Maybe I’m missing something but the only thing I see different between aggregators and a company like Proctor & Gamble is the fact that once a brand is inquired, they may change the brands image in multiple aspects to make it look better. I suppose P&G would never do that. But otherwise, it’s just a smaller scale P&G, flexing their money, buying up smaller independent sellers. But I can’t really blame them if the independent sellers are willing to take a couple million, not realizing that the aggregator will make 5x what they’ve made off their own business.
For some that's the dream: build a small to medium sized business, get bought out without needing to scale up (and the intricacies/stress associated with scaling up), rinse and repeat. It's pretty common especially since the tech world where people will start companies hoping to one day be bought out by one of the tech giants before needing to hire too many people and deal with becoming a fully fledged company.
@@ktk6049 So the sellers continue to get paid from their business or they just get that one lump sum?
For some a couple of millions is enough
So now we know where all the fired Whole Foods employees went.
With all these resellers and aggregators the quality went down the hill. 7-10 years ago Amazon used to be a place where you could get quality products and great service.. Not anymore! The focus is now shifted to reaping profits and I try not to buy from Amazon whenever possible.
Same here
Exactly.
People who do nothing, and wholesale while having 1 or 2 lowpay employees run the whole thing for them... stop support these corporate people, they are worthless to society and just raise rates on basic goods to resell to us. Support local companies that care.
He looked at that blue shirt and thought “Put a bird on it!”
Well, his company is named Perch.
Thanks for reminding us about why everyone should boycott Amazon.
Mom and pops would have still been bought out or ran out of business. Amazon is just a bigger platform that its happening in.
Amazon forever
yeah this won't last. sellers need to be in tune with the market you cant just buy a seller and keep selling what they're already selling indefinitely
I just need someone to tell me what product I should start selling this month or next on Amazon. My budget is $2,000. I have been searching for product for the past 11 months using Jungle Scout to no success. Thanks in advance!
No one is going to tell you what to sell. It’s just part of being a seller on Amazon. You need to do your own due diligence otherwise you won’t progress.
@@tonythvch3500 Okay, thank you!
Err that's a huge assumption of what companies they're buying.
@@Emma-hd2de i would recommend starting your own woo commerce store or something similar. Amazon waits until a product does well and then buys the product and sells it and pushes your listing so far down no one can find it.
And then amazon will undercut these aggregators and drive them out of business.
They are already doing that with the big name brands too.
Aggregators are aggregating aggregators now :)
The CEO of Perch seems to be a knowledgeable kind of guy. The VP of Thrasio I wouldn't trust with a lemonade stand.
Got the same vibe
They're all scum.
lol - Casey Gauss is one of the nicest guys in the game. Didn't your mama tell you ever judge a book by its cover?
He's the VP of SEO of Thrasio... he's not the VP of the Company.
Lemonade stands are overrated anyway.
Biden of course! I maintain that investing in stock is still one of the very best means of doubling or holding your funds. Who thinks otherwise?
I totally agree with you. It's been so so wonderful!! after I met a Professional from a reputable firm earlier this year... Retiring by next year with absolutely no fears!!
Thats really impressive. Have tried doing that on my own without luck for sometime now. Getting fed up by the day. Tips will be appreciated. Do reply thanks.
I worked with "Sandra Yvonne Webster", she was in the news when she revived Manning and Napier. In all honesty, she's an Angel. You can look her up to get more on her!
Living off Nasdaq stocks currently. It's fun!🤣🤣🤣🤣
Being holding health stocks for years now.
It's amazing how much money people spend on total crap
Amazon needs a big competitor. they have way too much power over sellers.
lol they screw the resselrs by copying their products thru Basics and want more sellers to come in?
just do something that will earn you some money while you sleep, no matter how little. A pandemic is the perfect way to open your eyes to really see what life could be like without your usual income stream and everyone had to stay home. Well I never felt it because I invested in a trading company where I earn 4 digit per week. The best thing you can do for yourself is invest more and spend less
talking about investment, the forex market is by far the biggest and most popular market in the world, traded globally by large number of individuals and organizations.
trading crypto now would’ve wise but trading without professional is really bad, I tried alone. I completely lost money.
I have heard a lot about investing with Mrs Patricia James and how good she is, please how safe are the profits?
there are lots of good experts out there but most offer little ROI’S. I have also been trading with Patricia team n have mad over $24,000 on average Month from their trading bots. Her profits are secured and over 💯 return of investment.
you can easily reach Mrs Patricia with this ☝️ she is the one handling my investment currently
Amazon needs to get the market in line before it gets out of hand
I have no clue what any of these people do or how I could tell if they're useful, but make that money while you can and check out of the system ASAP!
These experts, with their way to get their items at the top of searches even when they are irrelevant, are annoying. The search function for Amazon sucks now.
Same with google searches; algorithms have made search information results very limited, repetitive and often irrelevant.
I usually scroll dow the page a little. Too many sponsored, I want to buy your business/customer at the top.
Click on every sponsored add you come across. The companies pay per click for a higher posting. If more people did that, it would crash Amazon’s business model.
They should really be following the propose legislation from Washington that could end third party selling on Amazon as well as many other market places, if Amazon is forced to chose between serving as a market place or selling it's own products within the market place it controls.
Selling more and more cheap polluting Chinese made junk online seems the way to go. Those "aggregators" present themselves as "unicorns" but in the end it's Amazon that will eat them all :-)
I think someone, for example one or more aggregators, should perhaps start their own Amazon. Considering how profitable Amazon is, I think it should be possible. Cause they could compare the price with Amazon and sell to a competetive price.
that's what's going through my head right now...
they may be able to copy Amazon's site, but it would be near impossible to compete with it's logistics.
You know when I start seeing “Amazon best selling” badge and high ratings on stuffs that don’t look promising, I always wonder if there is some type of market/analytics manipulation behind the scene. I cant help wonder if these aggregators are behind those products rating or product pushes.
Large companies monopolizing and consolidating the small businesses devalued because of the authoritarian lockdowns, so inspiring
Mania of consumption. If you really think about it, you don't need it
Speaking of Amazon I ordered a thesaurus from Amazon but when it arrived I found all of the pages were blank.
I have no words to describe how angry I am.
Haha
Har dee har har
Hahaha shut upp man
I did get a solid belly laugh out of this sir. You have earned my like.
I'd like to "ha ha" like others. However, I didn't get the joke. Y not just return it n get a refund
That thumbnail!!! I thought it said "A reefer seller" ... LOL
what I understand from this video based on your definition of aggregator and the description of their role is that aggregators are the online version of a franchise holder.
Looks pretty much like a private equity firm
Most definitely. AKA financial gangsterism.
Amazon is the ultimate aggregator
Amazon is the mall, these guys are the stores and the brands are the items.
Cost to sell on eBay is half of Amazon. Just sayin
SO...what this all means is...we got these aggregator companies in the disrupter market funded by other companies to get money to buy out indie ecomm sellers and they have enough investor money to 8x a single brand for better ROI back to the investors as well as for these aggregators...easier for AMZN sellers to maneuver via AMZN rules, policies, etc and a higher chance to get bought FASTER BUT also for cheaper vs. if these aggregators didnt exist...can be a lot of money, MANPOWER, and resources to run just one small business - regardless if its brick & mortar or 100% online...now 100x that...that is an aggregator...
final question would be what does this mean for amazon...are aggregators a threat/more competition? Cuz any one of these aggregators can start copying each of these brands since they did buyout/acquire the small businesses...and they can continue getting more investor money to start buying out OTHER AGGREGATORS...AMZN products...will soon turn into Thrasio products...but of course...even though these aggregators are already making lots of ROI both back to their investors and themselves...they would still need to scale create other subsidiaries to compete with AMZN in other markets...cloud IT, entertainment, logistics, news media, brick and mortar retail...etc. by that time...AMZN would probably buy them out...or...you might have a three way war between walmart, AMZN, and an AMZN aggregator turned solo behemoth competitor.
Let them have an all out war that would be good.
If Amazon and aggregator would collaborate then it would be to destructive for consumer.
And there could be or need to be a rise of new competitor.
Nice post. Could go either ways. For Amazon's viewpoint it could be positive, as these aggregators would work (market, operations, sales) harder to sell more on Amazon to 5x - 10x the business they acquired. As long as, they stay on the platform, Amazon will continue to get their commission.
However, they could be a flipside as well. These aggregators would have more negotiating power & probably ask Amazon for better services or reduced commission or they might go n set up their own store. This is assuming they develop their own brand over time
@@karatsurba4791 Shein did such a thing
That won’t happen. Amazon bullies huge billion dollar brand name companies right now. They do it because they own the most important part of the puzzle. The customer data.
@@rockjockchick yeah customer / people data…FB got in trouble for selling data…but I’m confused cuz it’s still ok to own and sell data?
So is it ok to gather, own and sell data for billions or is it not ok to touch data…what can you do and can’t you do with customer / people data?
Buzzword Salad. That VP of SEO from Thrasio, lololol
I'm getting machinima vibes... But I'm sure there's some good ones
I've had my Amazon account since the mid-2000's and I haven't even used my prime free trial
2:40 nice
Underrated comment
welp, we are about to reach full circle of y2k NASDAQ crash again
So basically all this is is the online version of a corporate monopoly...
And aggregators get the small sellers out.😖 this smells of Amway.
2:28 - Says Amazon has more than 2 million sellers on its platform. What they forgot to mention is majority of them are located in China.
If alibaba or Ali express get there shipping infrastructure where they want it (3 day shipping from China to the states) Amazon will panic for the first time since it’s existence
It is because they make the stuff.
Unless we can have manufacturing back to America otherwise it is hard to fix this problem. Most of the stuff people buy are non tech stuff. It is what American do not want to make.
Aggregators aka investment companies and conglomerates acquiring smaller brands. This is just business with different names…
then those "sellers" become buyers lol
🧐Call it whatever you want, I call it a monopoly.
All the money is going into fewer and fewer hands.
I luv it
>BLM
AntiRacism AntiFascism AntiClassism
Open a dictionary bro
I just cant believe that we’ve come this far, and people are choosing to “innovate in the dividable container market”… Not like there’s diseases that need to be cured, or people that need clean water right?
Time to write my drop-shipping empire from zero book, LMAO.
Great lets start creating monopolies at an even earlier stage.
Aggregator sounds like someone from a gang that they get to beat you up for not paying up
Sell 80% of the company and let aggregators 10X your business
Get a lump sum then double the income
Not really. They sell to bigger sucker.
They are a major stakeholder: like 50%.
Love this channel!!!
Exactly! The guys selling shovels got rich during the Gold Rush! I know work with 10 of the aggregators to help them by brands :)
Corporation America taking away all small competition
There should be a convention next door on how to convince people not to buy Amazon junk.
The MLM vibes are strong.
Amazon killed the m&p store and this cancer goes even further ... I had more hope for diversity 😯 soon you can only buy the same 2-3 things and they are all crap.
Software/bots to write fake reviews as well?
Amazon is falling out of favor, just watch
I lol'd when i heard "Software that tracks changes to a posting."
There are literally free chrome extensions that do this exact thing
Why I don't like brands, it's all about the marketing.
Dave, is anyone paying you to endorse these cigarettes of finance?--Even if they're not, plugging these things to those who you aren't 100% sure are financially disciplined is very irresponsible.
Greed is not good.......
asume it with just like a simple added salesman cost to your company
Interesting video! Natural consolidation.
I would assume that those aggregators would eventually control an increasing share of sales.
Kinda sounds like these businesses are gonna ruin it for future people who wish to sell on Amazon. Before you know it the barrier for entry on their platform will be too high for everyday folk and before you know it you'll be forced to work a deal with these aggregators before you can even get a listing up. We'll see how this video ages in 5 years. And then 5 years after that.
They already did. You are right.
Shoutout to our eComm manager, Jed, at 0:38! We learned a lot from this conference; pushing to keep our authenticity growing online!
In other words, another start-up to hype up for the IPO cashout for the founding investors and the company founder.
Amazon live streamer here 👋🏼 ready to work! 👏🏼
This just seems shady. Another way for people to profit that offer no real value to society.
Modern Carpetbaggers
Isn't this based on the tv show with sharks?
So their just adding marketing value, educating sellers, and providing a network for them to sell efficiently? All at the same time promoting competition and lowering prices? sounds like a better shopify, but could you really purchase almost all goods online versus brick n mortar?
I am extremely loyal to good brands on Amazon. Good quality items can be very hard to find, even between stores and online. Once I find a good brand I stick with them.
More companies that do nothing.
Kinda scary how big Amazon is getting
yep. even their gill cleaners are unicorns now
lol the founder of Amazon, Jeff Bezos, is literally the richest man on earth right now, so of course, Amazon is big. its true to its name, an amazon rainforest jungle.
this is very interesting subject matter
So do these guys buy small little Etsy style brands and then run them like shelf in a supermarket? Or do they buy any popular drop shipping style retailer. Like are mom & pop shops becoming more visible or will cheap imported plastic crap be hawked even more now?
"Helping business reach a broader audience."
Amazon…. All shall bow. Lol
These aggregators are selling software subscription to the companies that already survived the startup phase so it’s less risky to be an aggregator. How come I didn’t think of that. Lol
Is this a good thing for small biz development?
When working hard isn't literally sweat and muscle power under the sun but sitting on your comfy couch just tapping the screen away. Currency do seem less of a worry when it's all digitized, it's all just numbers on the screen. How do you think those casino slot machines make so much money from addicted gamblers? What do you think the bankers were thinking when they were trading in Wall Street? Properties pricing is almost doubling up soon, while more and more people fell into the homeless curse from eviction, jobless, covid and knowing that plenty of vultures such as the Koch Bros' partners will be pouncing at their home when it's up for auction.
Wow, this is going to end really bad for tons of people.