The Amazon 3rd Party Seller Ecosystem Might be the Most Important Thing Since the iOS App Store
Ali Hamedcrossstack.substack.com
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The Amazon 3rd Party Seller Ecosystem Might be the Most Important Thing Since the iOS App Store
As we were all downloading TikTok, learning about NFTs, stumbling upon new brands via our favorite influencers, and diving down the rabbit hole of online potential, we were also ushering in the next revolution in commerce powered by the seller.
Kirsten Green • The next revolution in commerce will be driven by the seller
The last time Amazon was worth $34 billion was in September 2007! Amazon's net revenues that year were $14 billion, with $3.4 billion of gross profit. While most of Amazon's volume at the time was first-party e-commerce, its marketplace business constituted nearly 30% of unit (not dollar) sales. Based on recent filings with more business unit granu... See more
Alex Taussig • Drinking from the Firehose | Alex Taussig, Lightspeed | Substack
Greater Access to Sellers.