Posts Tagged: "Amazon Prime"

Mark Lopreiato, the inventor of the Forearm Forklift, recorded sales of $4 million in 2008 but since then has seen a 30% drop, which he attributes to cheap replicas available on eBay and Amazon. In point of fact, there have been a number of examples of innovative companies suffering from the sale of replicas on Amazon and other e-commerce sites. In extreme cases, global brands like Birkenstock have stopped business with Amazon and other e-commerce retailers altogether. Sustained pressure on e-commerce sites from both professional and governmental bodies have yielded some results in recent years, with almost every major site now offering some level of IP protection tool or process. This also serves the interest of bigger sites as Amazon, eBay and their Chinese counterpart Alibaba are shielded from legal liability, provided they can offer a timely takedown service for IP owners.

The Internet retail juggernaut that is Amazon.com continues to get stronger and it’s doing so in a way that should worry other players in the consumer electronics sector. In late June, a Deutsche Bank analyst note was issued pointing out the magnitude of Amazon’s increased dominance of consumer electronics. In 2015 there was an increase of $5.6 billion in the consumer electronics sector and Amazon was responsible for $5.1 billion of that increase. That corresponds to a 90 percent share of the 2015 increase in the consumer electronics sector. Deutsche Bank’s Mike Baker also noted that Amazon now commands a 17 percent share of the consumer electronics market, which puts them in second-place behind only Best Buy