by Chris Black
Amazon started out as an online book seller.
Today they are basically the go-to place for fatmericans looking to buy cheap crap from China.
Amazon controls the online retail market quasi-totally, together with maybe another one or two big players like eBay and the like.
Amazon is embedded with the US government heavily, as they have a quasi monopoly on the internet, yet no one asks them sh*t about their business practices.
Which makes me wonder why.
Rhetorical question.
Little known fact speaking of business practices: if you are signed into Amazon, you’ll see different prices than if you aren’t.
The cookies track the items you look at, and what you’ve bought.
The algorithm adjusts prices based on your purchase history.
Sounds like fun, right?
Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm ~ Read article here: https://t.co/ZO1Y4xmpfC pic.twitter.com/vGRg0qyg5h
— NATURAL IMMUNITY (@forcedanarchy) November 7, 2023
What else does Amazon do?
They knowingly sell counterfeit product.
Not knockoffs with different names, which they also sell. But actual counterfeits with real brand logos.
Amazon claims they are marketplace sellers shipping their own merchandise, so they have no control over it.
When a company I worked for ordered the counterfeit, it was shipped from an Amazon warehouse.
So Amazon imported, warehoused, sold, and shipped counterfeit merchandise, which is illegal and any other business would have been shut down by the FTC.
We filled complaints and lawsuits which went nowhere.
Do you know what happens to a business when other accounts you have see your product being sold on Amazon for half what they sell it for?
Regardless of you telling them it is counterfeit, you lose the account.
Amazon actually put the company out of business.
What else does Amazon do?
They buy a small company’s product and then knock it off. Then they advertise their own knockoff on your page for less money.
They can always sell it for less because they removed an entire link in the sales chain.
I helped a small company grow their yard game product line. I told them not to sell on Amazon.
They didn’t listen.
Year one, sales were fantastic. Year two, Amazon knocked off every product and sold them for what the wholesale cost was for the company.
Year three the company went bankrupt.
What else do they do?
They force you to take returns at your cost when items were shipped from an Amazon warehouse.
Enterprising scammers figured out that they could buy items, fill the box with junk, and return it for full credit. This is the same as theft. You lose your merchandise and now have to sell three units to make up for that lost one.
When that is brought up with Amazon, they say you can’t prove the customer sent back junk, basically telling you to eat it.
There are far more illegal and noncompetitive tactics Amazon employs on a daily basis.
The company should have been forced to close its doors long ago, but, they are too important to Wall Street.