Recent reporting has shown that Amazon uses the data it collects from its online marketplace of third party sellers to learn what products are the most popular and profitable. It then private labels these products as AmazonBasics and sells them directly going forward.
This skims the most profitable products away from the market1. With a combination of these tactics, the efficiency of online retail and the convenience of ordering online, the industry can expect to see margin erosion for hardgoods. Given this reality, it will be increasingly important to maximize the returns from the gas side of your business. This article looks at using cylinder tracking to better manage the gas side of your business.
Cylinders are your biggest asset
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