The Chart that Everyone's going nuts over
If I had a dollar for every LinkedIn post I saw on this. Sheesh. So some people may have takes of their own on this.
Mine extends beyond this graph though. I view this graph in tandem with the below graph. You'll see what I mean.
Exactly.
Walmart is either in or approaching their 2016 moment. (I can't believe I'm partaking in this whole 2016 nostalgia thing).
But hey, something to keep an eye on.
I think less sellers registered to sell on Amazon for the simple reason that people woke up and saw how easily the platform can suck your margin up.
You used ot get away with giving a measly 47% of gross sales to Amazon. Nowadays you're lucky if you're giving them below 60%.
As of now Walmart is much cheaper than Amazon in terms of fees. But profitability on the platform is that much harder.
I've long said I treat my Walmart selling as an insurance policy against Walmart overtaking Amazon one day (I think as it stands, they are the only ones remotely capable of doing so). The question is how they'll adapt if at all to the trend Amazon is showing.
Will they mirror or modify the Amazon trend?