CHAPTER 11

MARKETPLACE MANIA

What’s dangerous is not to evolve.

—Jeff Bezos

Sure, a large social following is great, but even still, I have a question for you: Do you shop on Amazon? Of course you do. I do too. We all do.

And that’s the point.

If the whole world is shopping on Amazon.com, if the site gets almost 10 million visitors a day, and if you are looking to grow, then it should make sense that, aside from buying on Amazon, you should sell there, too. Right?

Amazon is, quite frankly, a small business boom factory.

   Annual sales by all Amazon third-party sellers during the otherwise annus horribilis of 2020 grew from an average of $100,000 a year to $160,000.1

   More than 15,000 small and medium businesses surpassed $1 million in sales ...

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