Disillusioned Amazon Seller Forums Show all may not be well at the World’s largest E-commerce Company

Total Exchange
Total Exchange (Tex)
3 min readNov 6, 2020

Amazon is currently among the top three most valuable companies in the world with a net valuation of over $920 billion. Its shares are performing well and are even looking to hire more than 100,000 new workers in the US alone as e-commerce’s demand is skyrocketing due to the ongoing Coronavirus pandemic. However, Amazon is also facing criticism as sellers continue to feel disenfranchised with the world’s largest marketplace. Jeff Bezos’ company continues to expand and even the Coronavirus scare hasn’t curtailed growth, rather Amazon is experiencing increased demand because of increased tendency to shop remotely and adopt the social distancing guidelines from healthcare experts. Despite the immense value Amazon brings to its customers, Amazon’s ill treatment of thousands of sellers deserves close scrutiny.

Amazon-a Tale of Unsatisfied Sellers

Amazon is making billions through its e-commerce platforms but the sellers are now being forced to deal with what some may call a monopolist setup at the company. No other e-commerce company comes close to challenging Amazon and it is predicted that in the future even other platforms may eventually be absorbed into the company. Physical stores are already bearing the brunt of the virus attack and it is expected that the share of Amazon in the market will grow further, eating into other regular commerce industries as well. With increased power to go around and allegations of monopolistic control, sellers are going to be frustrated as they will be manipulated into diminishing returns with no alternative competitive platforms to enable the switch. Many of them are already disillusioned with the platform as Amazon’s seller forums may tell you. The top two topics are “Bye Everyone” and “I’m leaving too” in the forums. Many sellers are reportedly just surviving on thin margins and lack of a fair alternative is forcing their hands to continue going down the same road.

To sum up their relationship with the company:

  1. Amazon has high fees and thus thinner margins for sellers posing a problematic dilemma for sellers. Amazon has a complete control on every step of the process and that includes transaction fees from the platform. This is especially disconcerting because Amazon reportedly gets huge tax breaks from the government and instead of passing the benefits down to sellers, it rewards shareholders and company professionals.
  2. Amazon’s customizability is outdated according to sellers. As new and innovative products enter the market, they need much more than an outdated page like Amazon’s average product page.
  3. Private sellers have to compete with Amazon itself as the shipping giant’s Prime delivery services bring it within direct competition with private sellers on its own platform.
  4. Amazon collects users’ data and can out-compete private sellers based on this data on its discretion.
  5. Given these concerns piling up the pressure on Amazon sellers, it can easily be deduced that sellers aren’t wholeheartedly content with the platform.

Introducing the Tex Market

The Total Exchange (Tex) Marketplace is one of the world’s first decentralized marketplaces that will challenge Amazon on the e-commerce front. Giving liberty to both sellers and buyers is an essential part of the new platform. Sellers and buyers are empowered to transact effectively without the Amazon’s Goliath presence always tipping the scales in favour of themselves. With zero fees, zero transaction costs and borderless accessibility and delivery, Tex Market enables global commerce of the future, bringing digital solutions to the masses that increase transparency and benefit commerce. We invite all sellers to register as vendor on Tex Market, without any fees:

https://market.total.exchange/my-account/

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Total Exchange (Tex)
Total Exchange (Tex)

Published in Total Exchange (Tex)

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Total Exchange
Total Exchange

Written by Total Exchange

World’s Largest Crypto and Goods Market. Secure, Compliant and Efficient Commerce for All. https://total.exchange TEX Marketplace: https://market.total.exchange