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Amazon sellers are actually researching the market and designing new products, which can't be said about domestic Chinese brands and sellers that are mired in
by nomay 4y ago
Amazon sellers are actually researching the market and designing new products, which
can't be said about domestic Chinese brands and sellers that are mired in cutthroat price dogfights.
The profits maybe not be that big, but big enough to drive a skeleton team, make a small fortune. One item with $500 a day in revenue can let you make more money than a typical coder.
- notatoad 4y ago>Amazon sellers are actually researching the market and designing new products some of them are, but a lot are just dropshipping stuff from alibaba
- Ztynovovk 4y ago[dead]
- rcme 4y ago$500 * 365 days is 182,500 / year. With a 50% margin, that's only $91,250.
- selectodude 4y agoAverage income in China is about $15,000/yr, so $90,000 is pretty damn good.
- rcme 4y agoThe comparison was to a software engineer, which earns more than $15,000 in China. And also with a 50% margin, which is extremely generous. Most margins are closer to 10% - 20% in manufacturing.
- catach 4y agoThat's a big potential impact for an individual sure, but the context here is the existing impact for entire economies.