The Atlantic shares how Chinese factories have found a new way around U.S. retailers and into our homes: Chinese apps. SHEIN and other Chinese apps are bypassing Amazon to be a new leader in Chinese goods. In addition to Amazon, Target, Walmart, and indie shops now have a new group of digital competitors embedded in customers’ pockets.
Except from The Atlantic article:
MATERIAL WORLD
IS THIS HOW AMAZON ENDS?
An open embrace of cheap foreign products has helped ...
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How we can celebrate indie stores and promote sales by hosting a Save Local event.
February 23, 2023
When one thinks of shopping locally, some consider it an act of charity. One may pay more and get less selection. That’s not a recipe for success. In contrast, the world’s most successful retailers, Walmart and Amazon, operate on just the opposite principles: low prices and massive selection. When I’m in Walmart's Panama City Beach location, it’s so massive I feel like I’m in the Giants' stadium. Amazon sells 12m items on its website (350m if you count the third-...
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If someone has an American flag flying on their porch and Amazon boxes often at their doorstep, maybe they should take the flag down and put up a Chinese flag. Amazon appears to be profiting by cutting out much our domestic retail community and instead helping Chinese businesses. And don’t expect Amazon to pay much in local taxes either.
This past weekend’s WSJ shares how third-party sellers, many of them from China, have flooded Amazon with spurious listings, leaving ...
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During this holiday season, does one want to tell their family and friends that they sell knock offs--or that they help Main Street? I'd vote for the latter. Yet, a new service is trying to sell knock offs and eat in to retailers' lunches.
For the last few years, retailers have been having a hard time of it: they are increasingly circumvented by the brands. With the advent of the e-commerce websites and social media, brands are pitching their wares directly to consumers and ...
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Retailers have had a difficult time in recent years, as brands have increasingly circumvented them. With the advent of e-commerce websites and social media, brands are pitching their wares directly to consumers and cutting out retailers.
I’ve sometimes wondered: What if the factory decides to do the same and cut out the brands? If the retailers don’t like it, how will the brands? Some businesses are now trying this. Services like Italic allow a consumer to bypass...
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Saks formed new company a called Saks.com that will lead the company, shares today's WSJ. The physical stores will be moved from the 'drivers seat' to the 'passengers seat.' In a nod to Amazon.com and Walmart's success with third-party sellers, Saks.com will offer a marketplace and pay third-party sellers a commission.
There is a general feeling among the public that Amazon is a ruthless behemoth. A survey conducted by CNBC|SurveyMonkey Small Business Survey showed that 59% of the public think Amazon is bad for business. "This represents a significant shift from just two years ago, when opinion was nearly split between those saying Amazon is bad for small businesses (37%) and those saying it’s good (33%)."
One of the many reasons Amazon is viewed this way is because of ...
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Walmart is building an advertising platform and seeks to acquire entities like TikTok that have lots of eyeballs. It can advertise its own products as well as those from its third-party sellers.
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Do businesses like Amazon that short-change our community affect our ability to respond to a crisis?
In this pandemic, Bridge thanks first responders and the many people that help our communities work together. When I think of communities during Covid-19, Amazon comes to mind. I do think there is value in looking back at the last 24 months leading up to today and asking: did Amazon slow down our community's ability to respond?
Amazon historically pays less in corporate taxes than other ...
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September 1, 2019
September 1, 2019
Amazon is selling products that may kill people, and Amazon doesn't seem too interested in stopping it shares the Wall St. Journal:
Be cautious when buying: - Children or baby items - Electronics - Products ...
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August 29, 2019
August 29, 2019
Amazon and Chinese companies have teamed up to bypass Main Street and ship goods directly to doorsteps. This is hurting American manufacturing as well as local city governments. To accomplish this, they're misleading Americans by putting out press releases that cherry-pick statistics.
Follow these 3 steps to see the issue at hand:
1. In an Amazon press release last week, Amazon claimed:
"Independent third-party sellers – primarily small and medium-sized businesses – ...
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August 18, 2019
August 18, 2019
Is Amazon a 'Retail Hacker'?
Amazon may be spying on your business. It may be crawling your website, checking your prices, and then stealing your customers. If this sounds creepy, it is.
Every week over the last few years, I have found Amazon-hosted bots crawling my 400+ retailers' web pages. In the example shown, I'm displaying a bot that crawls my site and its IP address (34.217.74.229). I look up its IP address (https://www.infobyip.com/ip-34.217.74.229.html) and we see that it's hosted at ...
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What company in the tabletop industry has invested in a tech company? I don't know of one. I believe our industry should be doing what UPS does and investing in tech--and I'll explain why.
As today's WSJ shares, UPS has a venture capital arm and it has this because smart businesses know that most businesses are becoming more like: software businesses. Therefore, businesses have to ‘buy’ that know-how by investing in a tech company. UPS knows that it doesn't have the internal tech know-how to...
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July 2, 2019
July 2, 2019
Good news: your indie store just gained some ground on Amazon.
About 60% of Amazon sales are via third-party sellers. They pass thru what it calls the 'marketplace.' These Amazon purchases have not historically been taxed because the purchase is made from a business in one state and shipped to another state. But that loophole started to close last year when the Supreme Court ruled that states can collect tax on these types of Internet purchases.
Many state laws have acted on that Supreme ...
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November 16, 2017
November 16, 2017
Today’s Times highlights the current loophole that Amazon uses when charging taxes. Amazon doesn’t charge tax on its marketplace sales, which total in the billions. Third-party sellers such as stores use the marketplace to sell goods and often don’t charge (nor collect) sales tax that they should be.
Side note: the e-commence tax debate goes back to 1992 with Quill Corporation vs. North Dakota court decision.
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