With more and more sellers jumping onto the Amazon marketplace as a viable place to sell generic or unique products that are available on the market, Amazon has started to look inward and use their marketplace as a means of increasing their own revenues. In doing so, the company has introduced a wide range of private labeled products that essentially undercut other sellers, and provide similar generic products at a fraction of the cost to potential buyers.
- A recent, New York-based pop up, hosted by Amazon.com proved that the giant is still hard-selling its smart speakers, like Echo.
- What was not expected by pop-up attendees was the wealth of other home products displayed, small daily essential items.
- There were eggs, paper towels, snacks, coffee pods, hand soap, even gourmet dog food.
“With Amazon repeatedly proving its industrywide disruptive impact, the online giant?s private-label expansion, even to categories like furniture that are traditionally considered ?Amazon-proof,? should be taken seriously.”
Read more: https://www.forbes.com/sites/andriacheng/2018/08/12/this-shows-how-serious-amazon-is-about-its-private-label-business/#2396071a5981