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by pjc50
150 days ago
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Like etsy, they long since worked out that most volume is through dropshippers of products mass produced in China. Or a few physical businesses like houseclearers which can manage a high throughput. If you're a random private seller with a single item, you're an inconvenience to them. |
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There was a business a while back that was like "pay $50-100 to carpool from SF to LA" and the post-mortem was: "your earning potential was limited, no power-seller support" b/c eventually just turn into a bus-driver/bus company. (Uber is an interesting contra-example).
It's stuck with me as a quick analysis of business-types: how does the power-seller eventually make 10x, or at least 2x median wages?