https://www.awesomers.com/147 <-- Show notes FTC and DOJ negotiate jurisdiction over anti trust of big tech companies. Apple, Alphabet (owns Google, Amazon and Facebook) are in the cross heirs of the government for anti-competitive behavior. https://techcrunch.com/2019/06/03/alphabet-apple-amazon-and-facebook-are-in-the-crosshairs-of-the-ftc-and-doj/ The FTC will investigate different aspects of Amazon’s business model. https://www.vox.com/recode/2019/6/4/18651694/amazon-ftc-antitrust-investigation-prime Jeff Wilke, which is the #2 most powerful Jeff at Amazon says criticism is warranted, but company breakup is too far. https://www.marketwatch.com/story/amazon-retail-chief-says-scrutiny-is-warranted-but-companys-breakup-is-not-2019-06-05 Wilke claims: But Wilke said that no one inside Amazon shares seller data to create new products and said that its private-label brand business accounts for less than 1% of sales. (of course the fact that Chinese Sellers have all of this data and use it regardless of “rules” or “policies” at Amazon show that any goes inside Amazon. His claim of less than 1% of sales is interesting because other places claim the private label sales rate is much higher. Prime Day Inventory is due into Amazon by June 27th. https://www.ecommercebytes.com/2019/06/06/amazon-prime-day-inventory-is-due-by-june-27/ Past Prime Day: July 15, 2015 July 12, 2016 July 11, 2017 (kicked off on the 10th and ran for 30 hours) July 17, 2018 (kicked off on the 16th and ran for 36 hours) This year it is predicted that Prime Day will begin either July 9th or 16th. It is still not announced. Amazon’s multi-channel FBA service may in and of itself be anti-competitive. https://www.businessinsider.com/amazon-delivers-items-bought-on-ebay-or-etsy-ftc-interest-2019-6 Amazon faces so much pressure that stories about sellers asking for review reversals could cause a back lash. https://www.insider.com/amazon-seller-negative-review-reddit-2019-5 The pressure for both Amazon and Marketplace sellers will increase as these types of stories keep coming to light about 5 star reviews flooding in. https://www.businessinsider.com/amazon-flooded-by-fake-five-star-reviews-2019-4?_ga=2.68271763.349584577.1559841136-151385749.1559841136 Amazon successfully defended a $300,000 product liability lawsuit regarding a fire that was caused allegedly by a product purchased on Amazon. https://www.insurancejournal.com/news/east/2019/06/04/528240.htm The case was dismissed on summary judgement saying that a “publisher of third party’s information” has no liability. It went to the appeals court which agreed that Amazon was not the seller. The likely result is that product liability insurance for sellers may face increased validation as a part of their ability to sell on Amazon. Amazon continues to push this “marketplace” concept although some would argue that it’s control and market share make it a monopoly vs. a marketplace. https://www.fool.com/investing/2019/06/02/amazon-wants-to-be-more-like-ebay-less-like-walmar.aspx eBay suggests strongly that FREE SHIPPING should be part of every seller’s strategy. https://www.ecommercebytes.com/2019/06/04/ebay-says-sellers-can-offer-free-shipping-without-a-big-risk/ Buyers at Amazon and eBay know how to work the system: https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2019/6/1559587375.html eBay commits to a more positive seller experience. https://tamebay.com/2019/06/ebay-3-seller-focused-strategies-velocity-protection-and-comfortable-selling.html https://KevinandSteve.com Thanks for being Awesomer! https://www.awesomers.com/147 <-- Show notes
If you are an Amazon seller, ecommerce entrepreneur, ebay seller or you want to learn how to sell online this Podcast is for YOU! What is an Awesomer? An Awesomer is someone who through a series of long-term actions and behaviors has demonstrated that they are not satisfied with normal. They are achievers to a penultimate degree in their own industry specialty or area of interest. There are no monetary criteria to be an Awesomer, in fact, many mega-wealthy people are not Awesomers. Some of them are Normies. Others are even Basics! Awesomers want to thrive; not just survive. Awesomers are trying to improve their lives and the lives of those around them. They are trying to make an impact, in whatever way they can, on the world. Many Amazon Sellers are awesomers. They took the Amazon FBA opportunity and they siezed the moment by taking action. If you are an Amazon Seller or interested in selling in eCommerce you should take a moment now and listen to all the Awesomer origin stories. Entrepreneurs solve problems in the world. They don’t create them. Awesomers are never done learning or improving. To become an Awesomer one must realize the journey to improve is perpetual. In other words, you don't arrive to the land of the Awesomer as a destination. Being an Awesomer means you are on the path of achievement for the sake of improving your life and those around you. Awesomers are 75% more likely to listen to educational or improvement podcasts.** What is a Normie? A Normie is someone who is stable and well established in life and ultimately is satisfied with the status quo. They don't want to rock the boat. They don't want to take risks. Normies are satisfied to survive. Normies are fine, just ask them. Awesomers have no problems with Normies. In fact, most Awesomers are surrounded by Normies who are their close friends and even family. More often than not Normies do not understand the plight of the Awesomer so they will warn the Awesomer to “be careful” or “don’t do it” or provide other guidance they mean to be helpful, but it is really just negativity that the Awesomer must overcome. We all know and love Normies and we are not criticizing Normies. We're only delineating some of the differences that exist between Awesomers and Normies. Normies are 84% more likely to listen to news about the Kardashians than Awesomers.** What is a Basic? A basic is someone who doesn't care about anyone which is often including themselves. They self-sabotage, they create problems, and they are not people that anyone should hang out with. They suck the life out of everyone around them by manufacturing drama, problems, or other nonsense. These people have chosen a path for themselves often by years and years of behaviors and actions which lead them to the life they have today; which is ok with us. We’re not judging. We just choose not to have our journey detoured by crossing the path of a Basic. (We also refer to this as the no A-HOLE rule.) 63% of basics have a cell phone only to play games, consume news or "vent" on social media.** **The preceding statistics for each archetype above is 100% made up. We like to make jokes. But we'll always tell the truth and set the record straight. The Awesomers.com podcast, hosted by Steve Simonson, will showcase some of the amazing origin stories of Awesomers from around the world. There are so many truly inspiring stories from people from all walks of life, but most often the Awesomers that will be focused on will be those who are also entrepreneurs. We'll be launching in the last half of 2018 as we build the systems and a team to support this important effort. We hope you will join us for this exhilarating journey! Many of these awesomers are Amazon sellers who have built an Amazon FBA ecommerce business and have started to see positive financial and lifestyle results.