Who is kicking Jeff Bezos’ Butt Badly?

With Amazon making record sales of up to $11,000 per second…

You may ask yourself…well who is sharing in that wealth…

Well, definitely 3rd party sellers on the Amazon market place are getting their fair share.

3rd party sellers are companies & private label brands who sell their products on Amazon – this is how I make money on Amazon.

And, we are going from strength to strength on the Amazon platform.

In fact, here’s how the market-share of 3rd party sellers has tracked compared to Amazons own products.

  • 1999 – 3%
  • 2000 – 3%
  • 2001 – 6%
  • 2002 – 17%
  • 2003 – 22% 2018 – 58%
  • 2004 – 25%
  • 2005 – 28%
  • 2006 – 28%
  • 2007 – 29%
  • 2008 – 30%
  • 2009 – 31%
  • 2010 – 34%
  • 2011 – 38%
  • 2012 – 42%
  • 2013 – 46%
  • 2014 – 49%
  • 2015 – 51%
  • 2016 – 54%
  • 2017 – 56%

And, by 2018 3rd party sellers accounted for whopping 58% of all sales – that’s more than ½ of all sales on Amazon.

As Jeff Bezos said himself

“Third-party sellers are kicking our first party butt- Badly”

Not that Jeff is crying.  Afterall, when 3rd party sellers, make money he makes money.

And, with over 140,000 sellers making over $100,000 per year in sales on Amazon, he’s doing ok!

In fact, he’s the richest man on earth by a long shot…and the recent online shopping boom has only made him richer….

Are you interested in being a 3rd party seller on Amazon – and potentially getting your share of the wealth created?

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