Amazon Fees Kill Bookseller
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A story about how Amazon suddenly increased their take rate, destroying a friend's successful book-selling business.
"I have a friend who was doing $1,000,000 of dollars of book sales as a third party bookseller on Amazon. Then Amazon was like 'you know what, now our take rate on books is not 10%, we're gonna do 25% thanks' and that killed their business."
03:44 - 04:02
Full video: 01:02:11SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.