The vast majority of Amazon third-party sellers are small operations, oftentimes just one or two people, and for many of them selling on Amazon is just a side business.
Ryan Gnesin first became interested in the Amazon marketplace model in 2016, when he tired of the constant travel that his job as a commodities trader demanded. He was looking to make a change, so he attended an Amazon sellers conference.
“What I found really interesting was there were all these sellers who were running what was essentially a side hustle, but the side hustles were real businesses,” he said in an interview with Retail TouchPoints.
Read the full article: Why Investors are Racing to Buy Up Amazon’s Hottest Third-Party Sellers
