Silent Sales Machine Radio #948: Why do some long term sellers drop off Amazon?
20 snips
Jan 9, 2025 Long-term Amazon sellers are leaving the platform, raising questions about why they quit. The discussion reveals the critical importance of income diversification to avoid frustration and burnout. Selling on multiple platforms like Walmart is encouraged, along with automating processes to streamline operations. It also highlights the risks of over-relying on specific brands and methods. Building a resilient e-commerce business hinges on adaptability and community support, fostering a positive outlook amid challenges.
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E-commerce Growth & Amazon Opportunity
- E-commerce is projected to grow significantly, more than any other economic sector.
- Amazon, as the dominant player, offers substantial opportunities despite its size.
Focus on Underserved Shelf Space
- Start by filling underserved shelf space at Amazon warehouses for low investment and high success.
- This approach offers the greatest odds of building a sustainable, profitable business.
Diversify Income Streams
- Diversify income streams across multiple platforms.
- This protects you from platform dependence and mitigates risk.
