Is This The Beginning Of Amazon’s Meltdown?
Anyone Can Be Amazon Right Now
This may surprise you, but today any mom-and-pop store can run an online store as good as Amazon’s. Thanks to a new breed of tech companies, now you can easily farm out every step of the online store process—from shipping to returns and even one-day delivery.
Here’s a quick rundown:
- You can build an online store with Shopify (SHOP)
- run guided advertising campaigns with Facebook or Instagram
- handle payments with Stripe
- give credit with Affirm
- store your inventory and fulfill orders with ShipBob
- Handle returns with Returnly
- Even provide Amazon’s famous same-day delivery with DarkStore
All of them are charging either a small monthly fee or a little commission off sales. That means anyone with a couple hundred bucks can sell stuff online as effectively as Amazon.
A massive disruption is blowing in right before our very eyes. Just like the internet liberated retailers from brick-and-mortar stores, these companies are freeing them from Amazon’s clutches.
Shopify Is King of This Megatrend
If you’ve been reading me, you know that I recommended Shopify (SHOP) a month ago. Since then, it jumped 30%.
In short, Shopify helps you sell your products online on your own website. Just like Nike, Birkenstock, and other big-name retailers do.
For as little as $29/month, Shopify sets you up with a full-fledged custom online store. It can even hold your inventory in its warehouses and ship your products...
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