Have spent time thinking about and discussing the professionalization of supply on marketplaces, and how it seems an inevitability.
Can see capital really starting to pour into professionalizing Third Party sellers on Amazon now.
marketplacepulse.com/acquirers
Was interesting to go back and read the ILTB with CEO of Thrasio.
"It was like entrepreneurship in a box, and now suddenly they're having to do all this stuff, have this particularly expertise, and then it's getting very competitive"
joincolossus.com/episodes/28372…
Amazon had clearly already commodotized supply just given their dominance of ecommerce demand, but still interesting to see it take shape as expected, with smaller suppliers losing out over time in marketplaces
An awesome piece about this natural evolution is from @kevinakwok
And just because I love the quote so much. What an incredible if accidental insight this eBay seller had...
Hmm. Meanwhile...
“And at the end of the day, we want Marketplace to focus on community-focused business,” Liu* said.
*Deb Liu, founder and vp of Facebook Marketplace
modernretail.co/platforms/face…
“The way we think about Amazon is very simple,” Mr. Silberstein said. “Our interests are aligned.” Companies like Thrasio, he suggested, are professionalizing Amazon Marketplace, moving more product and providing a more reliable experience to customers.
nytimes.com/2021/03/17/sty…
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