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A comment on Amazon has radically transformed small businesses in both the U.S. and China. Parent comment

Re:Amazon has radically transformed small businesses in both... by nomay on Wednesday January 25, 2023 @03:02PM (#34523384)
Amazon sellers are actually researching the market and designing new products, which can't be said about domestic Chinese brands and sellers that are mired in cutthroat price dogfights.

The profits maybe not be that big, but big enough to drive a skeleton team, make a small fortune. One item with $500 a day in revenue can let you make more money than a typical coder.

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Re:Amazon has radically transformed small businesses in both... by rcme on Wednesday January 25, 2023 @03:09PM (#34523480)
$500 * 365 days is 182,500 / year. With a 50% margin, that's only $91,250.
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Re:Amazon has radically transformed small businesses in both... by selectodude on Wednesday January 25, 2023 @03:15PM (#34523547)
Average income in China is about $15,000/yr, so $90,000 is pretty damn good.
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Re:Amazon has radically transformed small businesses in both... by rcme on Wednesday January 25, 2023 @03:19PM (#34523605)
The comparison was to a software engineer, which earns more than $15,000 in China. And also with a 50% margin, which is extremely generous. Most margins are closer to 10% - 20% in manufacturing.
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Re:Amazon has radically transformed small businesses in both... by catach on Wednesday January 25, 2023 @03:12PM (#34523508)
That's a big potential impact for an individual sure, but the context here is the existing impact for entire economies.
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Re:Amazon has radically transformed small businesses in both... by notatoad on Wednesday January 25, 2023 @06:47PM (#34525841)
>Amazon sellers are actually researching the market and designing new products

some of them are, but a lot are just dropshipping stuff from alibaba

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