Amazon and Apple Deal Devastated Third-Party Resellers

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Back in November, Apple and Amazon cut a deal that allowed new and refurbished Apple products via the online retailer. The move was good for the two firms but, The Verge reported, a disaster for those already selling Apple products through the Amazon Marketplace. The deal meant they were banned from doing so, putting severe pressure on a number of businesses.

Companies that want to sell Apple products through Amazon now have to meet one of two requirements. The first is to purchase at least $2.5 million worth of refurbished inventory every 90 days from Apple itself or through a retailer with more than $5 billion in annual sales, like a wireless carrier or big-box retailers like Target or Walmart. The second is to reach out directly to Apple to become an authorized reseller. Apple has yet to make its reseller requirements known to the public, but to become an Apple-authorized provider of repairs requires a physical retail space for customers to enter. By cutting this deal, Apple and Amazon benefit while knocking out millions of dollars worth of business for small sellers.

Check It Out: Amazon and Apple Deal Devastated Third-Party Resellers

Amazon and Apple Deal Devastated Third-Party Resellers
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