Amazon Webstore allowed businesses to create custom e-commerce online stores using Amazon technology. Sellers selected the category for their business, and paid a commission of 1-2%, plus credit-card processing fees and fraud protection, and a subscription fee depending on the bundle option for an unlimited number of listings. Amazon has chosen a limited number of companies to become an implementation solution provider for them. The Amazon Webstore is no longer available to new merchants.
Amazon may not be able to ship you the aforementioned rich-people stuff, but it is filled with impossibly clever products everyone needs to own. Never again will you wrestle with your fitted sheet or struggle to find the correct lid for your travel mug. Suddenly, under-eye circles, spoiled wine, and pancake batter drips become a thing of the past. You can even effectively pee in the dark without turning the overhead light on. Classy life, right?
Some of this data is also available to big brands or vendors selling on Amazon’s platform through a program called Amazon Retail Analytics Premium. But it is expensive, with vendors paying 1 percent of their wholesale cost of goods sold to Amazon or a minimum of $100,000 to get access to a database that lets them see some, but not all, of the data Amazon has compiled.
I started selling furniture on Craigslist 18 months ago. While searching for pieces I actually needed, I began to notice, “Hey, the desk this guy is asking $50 for would totally sell for $150.” Being freshly unemployed, I slid into the furniture flip game, and now I buy lamps off of Amazon and resell them on Craigslist for twice (sometimes five times) as much. Last month, lamps paid my rent. 2018 has become the year of my Lamp Baronry.
A meaningful 18.8% of Amazon apparel shoppers are interested in trying the retailer’s still-new private-label fashion ranges. Just 12% think that the website could be made easier to browse, indicating that the majority of the site’s apparel shoppers are satisified with the Amazon Fashion shopping experience. Younger consumers we surveyed registered higher-than-average responses to each of the statements below, reflecting a higher level of interest in trying new Amazon Fashion products and services.
Amazon Prime membership in Germany, the United Kingdom, India, and the United States also provides Amazon Video, the instant streaming of selected movies and TV shows at no additional cost. In November 2011, it was announced that Prime members have access to the Kindle Owners’ Lending Library, which allows users to borrow certain popular Kindle e-books for free reading on Kindle hardware, up to one book a month, with no due date.