Amazon wanted its brands to make up more than 10% of retail sales by 2022. Two things: 1. This will never happen 2. By trying to make it happen, Amazon has opened an obvious anticompetitive hole Amazon will regret trying to build own brands.https://www.wsj.com/articles/amazon-scooped-up-data-from-its-own-sellers-to-launch-competing-products-11587650015 …
I independently reached the exact same conclusion. Private label outside of grocery is a very foolish move by Amazon.
-
-
As a consumer, I'll be sad if Amazon curtails its private label ambitions. I've found Amazon stuff to be excellent value, similar to Costco's Kirkland private label.
-
I don't actually agree exactly with what Joe wrote. I think it's dumb for Amazon to do this, but I don't believe it's anticompetitive. I think that other people think it is, so it will get them in trouble.https://twitter.com/Molson_Hart/status/1253344466452336640 …
- 5 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.