Amazon abruptly stopped buying goods from third-party sellers

Sharing is Caring!

qz.com/1567934/amazon-sellers-panic-after-the-company-reportedly-canceled-orders/

Amazon is reportedly going cold turkey on thousands of vendors.

The e-commerce behemoth has canceled orders with many wholesalers, pushing them instead to sell directly to consumers on its marketplace, Bloomberg reported today (March 7). Having vendors sell directly to customers is a better arrangement for Amazon because it can charge merchants for services like storing and shipping products and take a commission on each transaction, plus it avoids the risk of buying inventory that doesn’t sell.

See also  Retail buyers went all in buying this dip. If market only goes up why not? Major earnings reporting next week...
See also  Amazon delivery van ransacked, LOOTED by Los Angeles thugs in broad daylight
470 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.