The way this world works is simple:
There’s always an ebb and flow…
A rise and fall.
At one point, Sears was the biggest retailer in the US. In fact, all through the 80’s – Sears held this title…
However, things change – and by 2018 – Sears’ parent company was forced to file for Chapter 11 bankruptcy and the brand is all-but-dead.
Things change…
And preferences change.
Even though physical retail is still the number one way people purchase goods…
But online retail is quickly closing the gap.
Now, Amazon is one of the biggest retailers on the planet – and to a greater extent – one of the biggest retailers to ever exist.
In fact, it seems like nobody will ever be able touch it…
Well, it DID seem like it was untouchable – because there’s a company coming up that’s targeting a HUGE chunk of Amazon’s online business.
See who it is by reading on…
If you think that it’s Walmart (WMT) or another big box retailer knocking on Amazon’s (AMZN) door – you’d be wrong.
In the grand scheme of things – TikTok, the reigning champion of making parents’ lives a living dance hell and turning preteens into overnight millionaires – has set its sights on something even more ambitious for 2024…
Taking Amazon down a peg or two.
Yes, we’re talking about a social media platform and online shopping…
TikTok, the brainchild of ByteDance – is aiming to turn its TikTok Shop into a retail juggernaut – eyeing a cool $17.5 billion in sales in the U.S. alone.
Watch out, Amazon – there’s a new kid on the ecommerce block – and it’s not playing around.
But wait, what’s the big deal?
There’s no way it can come close to Amazon, right?
It might…
Because, for starters, it’s not just a battle of brands – it’s an international showdown.
TikTok isn’t just aiming to be a quirky app where you watch people dance to trending tunes…
No, sir – it’s setting itself up to go toe-to-toe with the likes of Amazon and other Chinese heavyweights like Temu and Shein – who have already sunk their teeth into the young, trendy, American consumer market.
Now, let’s be clear…
TikTok Shop isn’t exactly starting from zero.
It has already charmed a fair share of shoppers in Asia.
TikTok made a whopping nearly $20 billion from selling merchandise last year alone…
But there’s a twist.
With the U.S. government eyeing TikTok like a hawk and contemplating a ban due to its Chinese roots…
Amazon might just keep its crown… for now.
Especially when you consider that Amazon, in its infinite wisdom, has decided that what the world really needs is more ads – because starting early February – Amazon’s Prime streaming service will be inundated with video advertisements.
Because nothing says “relaxing Sunday evening” like a bunch of ads popping up in your binge-watching marathon.
This genius move is expected to stuff an extra $5 billion into Amazon’s already overflowing pockets annually – but goes against the reason for PAYING for the service in the first place.
Will the extra $5 billion in revenue help it? Or hurt it?
Guess we’ll find out, won’t we?
What’s clear is things are changing online…
And you know who will know if there’s a profit play before anybody?
Remember, our trading matrix is based off data – and when the numbers are right – they trigger a recommendation.
Real numbers mean you get real results…
So, if you’re tired of guessing and praying – you might want to become a member of GorillaTrades today.
We’ll help you find incredible opportunities that could put a lot of $$$ in your pocket.
The choice is yours…
Either way – keep your eye on TikTok and Amazon – could be a something that could lead to HUGE profits.
“Obsess about customers, not competitors.” – Jeff Bezos