Mike Munslow

[Mike Munslow @mikemuns1]

@SammyReidFI

[Mike Munslow @mikemuns1]

@sairahul1 Plot twist, we are the monkey Claude is the guy handing us the AK

[Mike Munslow @mikemuns1]

@AdamSchefter @grok where can I read the report cards

[Mike Munslow @mikemuns1]

@SammyReidFI LFG I’ve listened to man bun battles like 3 times. Pt2 when?

[Sean Frank @Seanfrank]

Why are there LESS FBA brands now?

FBA had a boom.
Partly covid related, partly guru related.

Everyone was promising free cash and automated stores... now they are in jail

why is amazon harder now?
1- every brand just KNOWS they need to be there.
this removes the white space that DTC darlings left

someone could sell the away clone on amazon for a profit because away wasnt there..

thats gone now

2- established brands are willing to lose money to get started.

newbies could find 1k-5k a day PROFITABLE niches just 3 years ago.

Now, if ridge wants to launch a new listing, we are willing to go in the hole 100k to get it set up.

how can you compete?

3- Chinese sellers won... and then lost.
Chinese sellers are now at 50% of all amazon sellers.

and they were 65% of all NEW sellers.

Amazon was throwing conferences in china to recruit and celebrate top sellers.

BUT-
That era is coming to an end.
The Chinese government has caught on to tax loopholes.

They are coming for their cut and lots of sellers just straight up abandoned ship.

Add in tariff pressure and the RAZOR thin margins of low end amazon sales...

there just isnt any money left in large parts of amazon

and 4-
Amazon is at peak value extraction

Overstocked? Fee
Out of stock? Fee
Large item? Fee
Small item? we lost it
15% selling fee, plus freight, plus random fees=
more like 22% of revenue

then add in ads...

----
Amazon won half of all consumers.
They are milking the ecom side to fund their future bets

The first to die are the low margin sellers.
commodity goods, anything that can be competed away

on top of this, ecom is mature.
every brand knows amazon is a MUST

What this leads to is more legacy brands coming in and taking back their spot

great time to be amazon, bad time to be a new brand on amazon

[Alex Hormozi @AlexHormozi]

The key to being fearless is to have nothing to lose. And the only way to have nothing to lose is to realize nothing in this world belonged to you to begin with.

[Mike Munslow @mikemuns1]

@adamlevitan As someone who has seen the poker and DFS market evolve and advance more towards “solved”. Where do you think season long is in its life cycle?

Seems like the edge is shrinking with the defaults getting closer to optimal, and the waiver wire is dry af. Is this cope? Thanks

[Mike Munslow @mikemuns1]

@seanfrank People get so confused when I tell them I use twitter for business stuff and mute everything political. It’s actually such a huge hack

[Mike Munslow @mikemuns1]

@natelagos This is the funniest tweet I’ve seen on this app in a long time

[Mike Munslow @mikemuns1]

@ShipMyMoneyDFS My timeline with some great context here

[Mike Munslow @mikemuns1]

@adamlevitan Thank you!!

[Mike Munslow @mikemuns1]

@dmuney_ @kyletweetshere Best shape of his life

[Mike Munslow @mikemuns1]

@realEstateTrent When you have enough money that your time becomes more valuable to you than more money, that line is different for everyone imo

[Mike Munslow @mikemuns1]

@THEChrisMack @colin_dunlap This guy is verified on Twitter 🤣

[Mike Munslow @mikemuns1]

@adamlevitan Condia interview here

https://t.co/dO2OLEzixE