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After 15 yrs, I think this will be my last year selling on Amazon. It has now become a DEN OF THIEVES. Buyers purchase an expensive item, receive it, claim it's damaged, return it (but what the buyer returns is usually some broken junk they had laying around their house, while they keep what was in the box they received). Amazon issues a refund to the buyer and the seller can be out thousands of dollars. And Amazon ALWAYS sides with the buyer, rarely the seller.
It is also now overrun by Chinese sellers hijacking small mom & pop listings & getting take down orders on the mom & pop listings as I outline in my post below from 2025. And there is literally nothing the small US businesses can do to rectify it.
And now the fees they charge almost make it impossible to make a profit. One absurd fee they rolled out is a "Low inventory fee". If you run out of stock of an item because it sells fast, you get charged a fee FOR BEING OUT OF STOCK. Heaven forbid your supplier is out of stock, or you just don't have any extra inventory of that item, they'll still whack you with a fee each month for not having inventory at their fulfillment center for them to ship out. Coupled with all the other fees they charge, you can easily hit 40% of your sales revenue going straight to Amazon in fees now. That doesn't include YOUR costs, like cost of goods, packaging, etc.
After 15 years, to me, it's just really not worth it anymore. It's been a good run but they've made it almost impossible for small third party sellers to make a profit. They prioritized the low cost Chinese knock offs years ago and now seem to prioritize complete thievery all in the name of Bezos' original mission of being the "Earth’s most customer-centric company.” The first and most important principle of Amazon's Leadership Principles is "Customer Obsession".
But I'll add one tweak: "Customer Obsession: Even if the customer is a blatant thief"
(A recent screenshot of a discussion on their seller forums)
I’ve been selling on Amazon for 14 years. Built a huge business there. It helped fund my exit from corporate America, my re-entry to investment real estate, my lifestyle. But an alarming thing occurred around 2019. I saw A LOT more Chinese sellers popping up. And the crazy thing is, if you took even an hour to scroll through the seller forums Amazon had become rife with Trademark infringements being filed against US sellers. But the caveat was, many of the IP infringement takedowns were coming from a person outside of the US. Amazon would then take the claimants word as gold, destroy the US based sellers account and all of a sudden, a Chinese based seller would pop up on those listings.
The US seller could not fight it and Amazon would not listen. A long standing seller, making their living on Amazon, shut down by a single Copyright infringement “claim”. Then to watch multiple OBVIOUS Chinese selling accounts pop up in their place…was not only common, but rampant. But the most insane thing was: Amazon didn’t care about the sellers in the US. They took fraudulent trademark claims as gold, destroying many third party US sellers in the process.
The tariff impact on these Chinese sellers will be the “Chickens coming home to roost” for Amazon…and it will be glorious for all of those who suffered as a result of Amazon putting a fraudsters word above a mom and pop third party seller based in the US.
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To every American, and to everyone watching France burn from abroad:
Do not blame the French people for this.
We never asked for it. We never voted for it. And the one time we were clearly asked, we said no.
Here are the numbers your media won't show you.
70% of the French say there are too many immigrants in France today.
79% want a tougher immigration policy.
77% disapprove of the government's record on immigration.
83% want foreign criminals and long-term unemployed foreigners sent home.
And no, it's not just the old. 69% of French 18 to 24 year olds support suspending legal immigration for three years.
This is not a fringe. This is the French people.
In 2005, we were asked if we wanted the European Constitution. 55% voted no. Three years later, our politicians passed the same text under another name, through parliament, without ever asking us again.
That is modern France in one sentence. The people say no. The elites do it anyway.
So who is responsible? The politicians who lied to us. A class of leaders formed in the same schools, the same forums, the same networks, loyal to each other before they are loyal to their nations.
In 2017, at Harvard, Klaus Schwab, founder of the World Economic Forum, bragged about his Young Global Leaders program in four words: "We penetrate the cabinets." He added that it was true in France. Emmanuel Macron was one of his Young Global Leaders.
It's the same project in Brussels with Ursula von der Leyen and in Paris with Macron. Borders treated as an obstacle. Nations treated as relics. The people treated as a problem to be managed.
What you are watching in France is not the French people failing. It is the end of the globalist project, an abject, quasi-communist dream of a world run by unelected planners. It is collapsing everywhere in Europe at once, and the West has to cut this cancer out before it takes the rest of the body with it.
The peoples of Europe don't want this. They never did.
So when you see our town halls burning, don't say "the French chose this."
The French never chose this.
They were forced into it.
If you're French and you agree, repost this so the world hears it from us.
If you're American, look at us carefully. Then choose differently on November 3rd.
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My favorite thing about Trump 2.0. The random people who just pop in frame for no reason.
Iron Mike Tyson leaning in to catch a foreign policy question is just peak Trump.
BREAKING: After falling -80% from its record high, Nike, $NKE, will be removed from the S&P 100 at the end of this month, ending a near 18-year run in the index.
The stock has now erased -$230 billion in market cap since its all time high.
A collapse for the history books.
Bros 200 iq idea was launching a coin for every single tweet when all he had to do was shill a couple memes like vlad has done. Crazy.
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Active crypto participants went from being on the cutting edge of new technology and getting rewarded for their risk appetite to defacto exit liquidity for VCs / Private Equity who gamed to extract as much as possible from their users.
We built this project from 0 with the goal of making sure the next meta, RW-Play, sat in the hands of who it should sit in, us.
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Are you really going to fade a team that has been here 47 days and has built an 8.5M treasury alongside some of the coolest shit on @RobinhoodCrypto that exists today?????
NGMI