#42 - Selling on Shopify vs. Selling on Amazon
I’ve put together a detailed post that covers everything you need to know about both these platforms to make an educated decision.
Does the e-commerce juggernaut need third-party sellers to succeed? Rep. Lucy McBath (D-GA) played testimony from a third-party textbook seller on Amazon, who believed the company had started blocking their store as it grew more successful.
Testimony before the Subcommittee on Antitrust, Commercial, and Administrative Law.
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Good to Know
The new shopping push coincides with rising complaints from some small businesses that Amazon is squeezing them for more fees.
Sellers who don’t remove slow-moving inventory from Amazon’s facilities by then will incur a surcharge.
Amazon has increased the number of ads allocated to promoting its brands. Out of the standard twelve ad spots on its website and six on its mobile app, three feature its private label products.
The study reviews Sellercloud proprietary data collected from over 500 customers who process billions of dollars in ‘Gross Merchandise Volume’ (GMV) each year using Sellercloud omnichannel e-commerce growth platform. Data was extracted for the period January to May to reveal impacts of the COVID-19 pandemic.
Amazon will explain how sellers can use Prime Member Vouchers and Prime Exclusive Discounts.
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Amazon are warning sellers that having promotional or company details in product descriptions will lead to a suppressed ASIN in search.
Amazon offering sellers the ability to send their off-Amazon orders in non-Amazon branded boxes at no extra charge.
Developed by Amazon sellers with the same problem, A2X syncs to Seller Central to import, summarize and send tidy summarises that match the money in your bank account.
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“Third-party sales again grew faster this quarter than Amazon’s first-party sales,” confirmed Jeff Bezos, CEO of Amazon.
Amazon said it was running out of space for inventory due to higher pandemic-related demand from customers - especially from Prime users who shopped more often and had bigger shopping baskets.
The company spent $4.8 billion on marketing-related expenses in the first quarter of 2020 but captured $3.9 in revenues from hosting advertising.
aShop - Effortless Stores for Amazon Sellers
Tips and Tricks
Did you know that Amazon has surpassed Google as the go-to search platform for shoppers looking for products? This post covers the key differences to help you thrive on both platforms.
Amazon just dropped some news that might make many FBA sellers freak out a little – or a lot. But let’s take a few calming deep breaths while we take some time to work through the latest announcement together.
It’s unlikely that Amazon will ever divulge the ins and outs of its ranking system, there is information about its sales rank that every seller should know in order to increase their chances of success.
Selling the right product at the right time can play a pivotal role in when you wish you to sell successfully on Amazon.
Adding variations to your listings can significantly improve your customer’s experience. This can help increase your product discoverability and conversions.
Listen to this episode to find out if selling on Poshmark is the right move for your business.