Report: Amazon collects 30%, on average, of each sale made by independent sellers on its site, up from 19% just five years ago; seller fees netted ~$60B in 2019 (Institute for Local Self-Reliance)

Institute for Local Self-Reliance:
Report: Amazon collects 30%, on average, of each sale made by independent sellers on its site, up from 19% just five years ago; seller fees netted ~$60B in 2019  —  Amazon's dominance of online retail means that hundreds of thousands of small businesses must rely on its site to reach customers.



from Techmeme https://ift.tt/3hNRws6

Comments

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation (Emma Lee/TechNode)

SetSail raises $26M Series A for its service that recommends when to pay salespeople, by monitoring the progress of sales across CRM, email, and other systems (Ron Miller/TechCrunch)