the platform makes money.
Amazon is a huge e-commerce platform, which provides broad market opportunities, but it also faces fierce competition.
The factors that affect the profit of opening a store on Amazon are product selection and supply chain management.
1. product selection: it is the key to choose products with market demand, less competition and profit margin. Conduct market research, understand consumer needs and trends, and choose popular or potential product categories.
2. Supply chain management: ensure a stable supply of goods, good inventory management and logistics distribution capabilities to meet customers' orders and provide quality customer service.