CernyM - 10:18 pm on Nov 15, 2011 (gmt 0)
Out of curiosity...
Have people been doing well selling through amazon?
A substantial amount of our ecommerce revenues come through Amazon.
We tried it, had a handful of sales, but again, nothing that converted to customers coming to our site.
The other thing is, if you are on Amazon, you are in competition with dozens of other stores explicitly on price, no?
It depends on what you sell. We manufacture our own products and are the only seller for the brand on Amazon.
But lots of people sell on Amazon, so how are they making it profitable?
Most of the successful people who don't sell their own brand spend a lot of time hunting down profitable niches to exploit. As the profits dry up, they find something else to sell.