A hot-selling product turned into a slump! A man hoarded 17,000 pieces of goods, suffered a huge loss and received death threats

As the COVID-19 outbreak spread around the world, there was also a frantic rush for protective supplies abroad. Many sellers took advantage of this wave to make huge profits, but as the platform tightened control, popular products became pitfalls, and many sellers failed!

Official statement

Just today, Amazon Global Selling released an official statement, which clearly stated: Amazon has recently blocked and removed tens of thousands of products that violated the "Amazon Store Fair Pricing Policy ". More stringent control measures will be taken in the future, and new sales applications for such products will not be accepted at this time!

This policy is not only implemented in Europe and the United States, but also in Japan !

Of course, it’s not just Amazon. eBay, including the United States and Canada , has also begun to ban the sale of a variety of masks and disinfection products. As for Wish and AliExpress, the situation is probably similar.

Therefore, there are only a few foreign trade e-commerce platforms that can sell masks and other protective materials. Domestic protective resources are gradually becoming sufficient, and export is a good choice. Unexpectedly, various e-commerce platforms have blocked the road.

Sellers who entered the market early have already made a fortune, but as the platform cracks down on various dimensions, many sellers have been blocked, their inventory has been squeezed, their funds have been frozen, and they have suffered heavy losses!

Stockpiling 17,000 items and facing death threats

Recently, sellers have gone from asking for masks to clearing masks . With the increase in domestic production capacity, the price of masks has been falling in the past few days. When many sellers hoarded a lot of masks and planned to make a fortune, the e-commerce platforms banned the sale of related products. Some sellers were judged by the platform to violate the principle of fair pricing because of selling masks, resulting in the freezing of funds, and the hoarded goods had nowhere to sell...

However, losing money is fine, one seller even faced personal safety issues...

However, the next day, Amazon removed all the products from his store and warned that if he continued to drive up the prices, his account would be blocked! Now, he had 17,700 bottles of hand sanitizer in his warehouse, but he didn’t know how to sell them.

The incident was reported by local media, and people who could not buy masks and disinfectants attacked him and cursed him angrily. Some even issued death threats, saying "Your actions will end with someone killing you, your wife, and your son."

This is not about money, this is about life!

In the end, the seller chose to donate the hand sanitizer he had stockpiled.

At present, this type of product is very risky. Sellers who enter the market later are advised to be cautious and careful not to become green leeks...