How Pharmapacks makes $70 million selling random stuff on

Interesting look at the incredible success of Pharmapacks, one of the top marketplace retailers, by the Inc. magazine. Thanks in no part to their development of proprietary algorithms, and a look at the general rise of companies selling through third-party marketplaces.

“How This Company Makes $70 Million Selling Random Stuff on Amazon”:

The next time you buy some humdrum product on Amazon, pause for a moment and check the Other Sellers listed on the right side of the page. That lip balm? Thirteen vendors offer it. Those vitamins? Twenty. As you click and shop, a battle rages in that little box, fought every day by entrepreneurs like Vagenas and Tramunti on practically every one of Amazon’s 410 million product pages.

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Juozas Kaziuk─Śnas

Founder of Marketplace Pulse, Juozas wears multiple hats in the management of Marketplace Pulse, including writing most of the articles. Based in New York City. Advisor to other startups and entrepreneurs. Occasional speaker at conferences.

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