Amazon Vendors Panic After Online Giant Suddenly Halts Purchases

[The Curator]

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After Amazon successfully put a majority of its retail "brick and mortar" competitors out of business, it is now cracking down on its own supply chain.

In Jeff Bezos latest move to boost flagging profits and razor-thin margins at the company's core e-commerce business, Amazon abruptly stopped buying products over the past two weeks from many of its wholesale vendors, encouraging them to instead sell their products directly to consumers on Amazon’s marketplace, even if that means disrupting relationships with longtime suppliers and potentially limiting customer choice. And, according to Bloomberg which cited consultants who help clients sell on Amazon, thousands of vendors are affected.
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[patriotnews]

I disagreed from the start of the article.
Amazon put 0 competitors out of business, no less, no more. The author's Amazon blame game kept them from going in-depth into this actual story, and looking at why.

 

[perrymason]

That is a great move on Amazon, considering the large amount of penalty fees Amazon has on the sellers within their marketplace if the product arrives late, if they get too many refunds, etc. Now it will be all on them and I bet fees will increase and become tougher.

 

[The Curator]

I disagreed from the start of the article.
Amazon put 0 competitors out of business, no less, no more. The author's Amazon blame game kept them from going in-depth into this actual story, and looking at why.

0 competitors? In what world are you living in?
https://www.retaildive.com/news/the-running-list-of-2019-bankruptcy-victims/545774/

 

[patriotnews]

0 competitors? In what world are you living in?
https://www.retaildive.com/news/the-running-list-of-2019-bankruptcy-victims/545774/

Yay bankruptcies!
Not Amazon's fault.
Amazon gave the consumer what they wanted instead of forcing what the company wanted on the consumer

 

[randybishop]

They are weeding out bootleg shit.