28/12/2024
๐๐บ๐ฎ๐๐ผ๐ป ๐ช๐ต๐ผ๐น๐ฒ๐๐ฎ๐น๐ฒ is basically a part of Amazon FBA. When you sell your products on Amazon Wholesale, Amazon itself takes care of everything from selling the product and packaging to customer service.
What you do here is you sell the products of other brands. In this program, you canโt sell products you or your brand creates.
That means you get the products at a wholesale price from the brand, label it and sell it to the customers at your profitable price. Ultimately it means you act as a reseller in this scenario.
Competition between Amazon and Walmart, the two biggest e-commerce giants, is always vivid. Considering retail business, Amazon wasnโt doing as great as Walmart in the first place.
However, from 2015 to 2021, Amazonโs retail revenue CAGR (Compound Annual Growth Rate) stood at significantly 3% higher than Walmartโs.