Recession coming? What do you guys think?
Recession coming? What do you guys think?
125 replies
Seller_Cj39FIFBjVLNf
Not good. My business is not even worth continuing at this point. i didn't take all the government money I could have during COVID and I own no property.
but my former medical job is cold calling me with salaries that are more than twice what they were before covid.
Seller_qV1YN03NgizPC
I am already in the process of selling off all my inventory and calling it quits.
I . am. done.
Seller_IoqKS6j8cPXMF
It is here! in 10 years of selling it has never been so bad
Seller_ZhsMAcpT0bxbN
In the 15 years I've been in business we have never had a Holiday Season so slow. It's really sad to see.
Seller_6i0xhF3Ut9rKe
it's been a recesssion, just not officially declared by governments
Seller_LaXfWb19u77C5
I personally don't think it's "low sales" affecting Amazon as a whole, I think it's sellers having more competition than ever. Sellers are being affected, but Amazon as a whole isn't. Going by their stock, it continues to grow every year with the exception of the dip in sales as COVID-19 started to settle.
Every corner of Amazon is being hit with new sellers popping up from Chinese companies. For instance, years ago if you searched "kids toys" you used to see well-know brands like Mattel, Little Tikes, Barbie, etc. Now it's ZYGO, SHMMATKY, XOKIDZW (just making these up). There is nothing recognizable to me. This is happening from what I can tell in every category on Amazon and it's lowering sales for individual sellers, but increasing them for Amazon. US sellers cannot compete price wise and so their sales go oversees.
Seller_Ha6JyVvDK6Ybs
It was coming back in 2019 covid free money just delayed it.
Seller_ENBrTBTSn3PDq
If we can't make sales during this holiday season is there hope for any other season?
Postage keeps going up several times a year and killing profits. I'm done listing new items here. Amazon is throttling sales.