Online Shopping Death Spiral {VLOG}
Try shopping for just about anything online these days. It’s becoming a freak show!
For starters, we think “global commerce” (on paper) has some wonderful opportunities not really possible a few decades ago. Like the chance to buy genuine good things – that are just not made locally. The world is our market, they say.
However, when just a FEW major companies MONOPOLIZE the worldwide markets – it is the worst of the worst.
In this case, you have Alibaba / AliExpress in conjunction with both Amazon “FBA” (as well as eBay to a degree) essentially KILLING everyone else.
Try looking up a “mini chainsaw” on Amazon.
Let me read off just 10 of the results (See photos below).
- F.EASY.D Mini Chainsaw
- WEGSD “”
- TORRYZA “”
- NBW “”
- DEYSEN “”
- NXowzf “”
- generic “4-inch” and “mini cordless” (no brand)
- Laecabv “”
- Vogvigo “”
- AOEIUV “”
Notice how they’re all the same? But have different unintelligible names? Seems like a monkey throws darts at an alphabet on the wall to pick the names.
You can get these exact same things on AliExpress for about 20% less.
And if you buy in bulk on Alibaba – the cost is about 60-80% less overall. But who wants to buy a lot of 100 units – just to get one piece of crap?
That is what tens of thousands of “entrepreneurs” are doing. (NOTE – we’re not knocking those small businesses. That is what capitalism is all about. However, while it is nice that these independent people are making a few bucks re-selling Chinese junk, you need to see the bigger picture. It’s still a monopoly between the China-junk and the King of logistics – Amazon. And thanks to advanced technology – we have a sea of crap at light speed.)
And it’s truly muddying the waters out there. Everyone getting just a tiny slice of the pie. While these massive corporations just get bigger and bigger.
Naturally – who loses? The end-consumer.
