Perfect Competition is a theoretical market scenario where no sellers achieve profit above break-even and every seller is a 'price taker'. Some e-commerce markets are so competitive that their sellers are almost in Perfect Competition.
As e-commerce marketplaces continue to improve the efficiency of transactions bringing more efficient supply from more sellers, the marketplace begins to move towards a perfectly competitive scenario.
An understanding of a perfectly competitive market can help you take control of your business's supply strategy, so you're acting strategically, and looking for opportunities that other suppliers cannot execute on.
When you download this whitepaper, you'll learn:
