Steven Pope

It's a double whammy for the Amazon sellers.

Think about this.

Imagine you spend $50,000, $100,000 a month on Amazon ads.

That was an extra $1,000, $2,000 in your pocket every month.

And times that by 12, that's $10,000 to $20,000 a year that you just literally just lost all of a sudden.

Crazy.

crazy amount of change for Amazon sellers to just absorb.

This is on top of their surcharge for taxes for $4 a dollar a gallon in taxes.

And it hit at the same time, the same day.

They probably didn't do that on purpose.

I bet this change was thought about like six months ago and they finally enacted it and they had to program around it and get rid of the option to use a credit card.

But like, man, this hurts.

I have a 2% credit card cash back.

And I'm telling you as a business owner operating nearly $20 million in annual top line revenue and my expenses are substantial on my credit card.

Like I got a 200K limit on my credit card just for perspective.

And...

I make bank on points.

And as an Amazon seller, I was using that too.

And I think some people even double dip with like Amex's special perk for Amazon, for advertising to get extra points on it.

And that's going away too.