What's your thoughts on Amazon? Do you think they're getting too big or do you think it's just the markets doing what they do?
I sometimes complain about them but at the same time I'm selling through their Merch Program, selling on FBA, I'm a Prime Subscriber, I buy a lot of stuff off Amazon.
I see a lot of similarities to a few years back when everyone was complaining about Walmart ruining their communities yet liked the low prices and shopped there which I would say I'm kind of guilty of myself.
I personally love bookstores and was kind of sad to see AMazon drive them out of business.
I notice kind of a wierd similarity between Amazon and Uber as well. Great for the end user/buyer, not so great for people trying to earn with them.
With Uber as a passenger I love it, its cheap, its convenient, its cheap lol. For drivers however I hear that unless it's peak times or you happen to live in a city with high rates it's either a losing proposition or best case scenario you're maybe making min wage but many people from waht I hear don't even make that.
I notice the same thing with Amazon FBA. While many sellers do very well and make a nice living and love it, I would say many more people wind up losing out or making very little after FBA storage fees, fulfillment fees, final value fees. Most products start off good and get driven to the lowest price possible nobody is making money, etc.
I'm not really knocking them nobody is forcing anyone to drive uber or sell on FBA but just kinda something interesting I noticed.
RE: Why Amazon is buying Whole Foods for $13.4 Billion