💰 Amazon Has Conquered Christmas—But Its Reign May Be Ending

TL;DR

For years, the ecommerce giant has stuck its fingers into every pie going—Amazon wind farms and an Amazon airline are no longer something to Amazon Blink at.Yet now Jeff Bezos has stuck his finger in the pie pie: For £2.04 ($2.50), British Amazon customers can get six deep-filled “by Amazon” mince pies delivered to their door.And so with every bite it becomes harder to resist the gradual monopolization of the entire planet by a man who throws his head back when he laughs.Things looked good for third-party sellers when, also in 2019, research by ecommerce analysts Marketplace Pulse found that “Amazon-owned private-label brands are not nearly as successful as many paint them to be.” The report found that only 1.7 percent of the top 500,000 search terms on Amazon result in a customer clicking on an AmazonBasics-branded product.According to The Wall Street Journal, Amazopn began cutting back on its private-label products this summer after poor sales."

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