Zinc was Jet.com's biggest service vendor prior to its launch
Max Kolysh · 1303 Ebay to Amazon Dropshipping Arbitrage CEO Makes $5.4M · Feb 17, 2019 · at 17:19
Max Kolysh, CEO of Zinc.io, discusses past commercial partnerships with e-commerce retailers competing against Amazon.
0:00 / 0:09exact quote · 9.4s
720p mp4 · rendered on demand · StarZero watermark
“We were actually like a, their kind of biggest vendor of services before they launched for a year and after they launched, a lot of their sales were actually happening through us.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Max Kolysh
The Amazon-to-eBay retail arbitrage market is heavily saturated and exhausted
“Amazon to eBay, it's definitely kind of exhausted. There's a lot of sellers doing it.”
Long-tail arbitrage niches are too fragmented for software companies to pursue
“There's a lot of niche opportunities that aren't super, you know, they're not million dollar opportunities each, but they may, they might make somebody a hundred K, 200 K a year. And so not an R incentive to kind of seek all these out.”
Zinc bought cheap eBay items to acquire dropshipper phone numbers
“So for a while you're actually just buying stuff from eBay from almost every seller. And we would, you know, our office was basically filled with junk. We threw a couple office parties where we just gave away lots of stuff and it would be like the cheapest thi…”
Kolysh believes Zinc is a top-two scraper of Amazon
“We are probably like the number one or number
Two scraper of Amazon and all these other sites.”
Kolysh would reject a $25M buyout for Zinc, but accept $100M
“Twenty five million? Probably not, but somewhere. That way I'm pretty like optimistic about the company as a whole. And there's a number for sure. I mean, everybody has a number, right? It's not, you know, I would sell for a hundred for sure.”