success stories of other companies that have sold primarily or exclusively as third parties on Amazon's marketplace
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Third party sellers have a huge success rate at selling at Amazon market place.
- Amazon is not just providing them online platform for sales but also a digital marketplace.
- In 3rd quarter sales report it shows that 53% of sales have been done by third party sellers in Amazon.
- This number is much higher than the previous years and it is exponentially rising.
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Reasons why third-party sellers in Amazon are successful:
- Third-party sellers are people who sell products and items at a fixed online market price.
- The sellers initially needs to open an seller account in Amazon dot com and then the seller can access to huge customer base through Amazon website.
- The seller need to give monthly fee for using the Amazon dot com. The three paths used by the sellers are private label, wholesale and retail arbitrage.
- The items purchased by the customers are either shipped and delivered by the merchants or Amazon itself.
- This way, both the Amazon and third-party sellers can gain profits. This makes third-party sellers successful companies.
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