#56 - Amazon Warns Sellers about New Policy, and more
Amazon Warns Sellers about New Electronics Policy
If you sell any type of electronics, including home electronics, Amazon has a warning for you.
The total gross merchandise volume (GMV), including sales by Amazon itself and by the marketplace, was almost $490 billion, according to Marketplace Pulse estimates based on Amazon disclosures.
Maryland Passes New Tax on Internet Advertising
The tax is aimed at tech giants like Google, Facebook and Amazon, and would range from 2.5% to 10% of ad revenue, depending on the company’s size.
Outsmart your competition with Seller Snap’s AI Amazon Repricer
Good to Know
First Product on Amazon With One Million Reviews
Popular products on Amazon have exploded in the number of reviews, thus changing their perceived value after the company introduced one-tap ratings in late 2019.
Amazon and Ferragamo Sue Third-Party Sellers for Allegedly Peddling Counterfeit Luxury Goods
Amazon and Italian luxury brand Salvatore Ferragamo filed two joint lawsuits against four sellers and three businesses for allegedly advertising and facilitating the sale of counterfeit goods.
Trending: Amazon Merch That Says “Trust Me, I’m Vaccinated”
Amazon sellers know just the thing: graphic tees, pins, hats, and masks bearing the simple phrase, “I’m vaccinated.”
Wall Street Hunts for Tiny Mom-and-Pop Sellers that Can Grow on Amazon
Some of the biggest names on Wall Street and in Silicon Valley — JPMorgan Chase, Advent International, Khosla Ventures among them — are pumping billions of dollars into mom-and-pops selling everything from tea kettles to jock itch remedies on Amazon.com.
Amazon’s Third-Party Marketplace Is Its Cash Cow, Not AWS
Net product retail sales made up over half of that total, or $215.9 billion, with service sales making up the rest, $170.2 billion.
Sellers Choice 2021 Marketplace Ratings: Amazon
This year, Amazon held onto their 7th position by the slimmest of margins – .005. A highly competitive marketplace, Amazon can deliver on eyeballs, but profits remain elusive for some sellers.
Amazon Seller Blasts the Company’s Forced Arbitration Policy in Congressional Hearing on Antitrust
Democrats on the House Judiciary subcommittee on antitrust identified forced arbitration clauses as one aspect harming competition in digital markets in a report last fall.
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Amazon FBA Small and Light label and Prep Services Launched
Amazon have announced that they have now launched label and prep services for inventory enrolled in FBA Small and Light in the UK, Germany, France, Italy and Spain.
On Amazon You Are Probably Not Nike
Most brands aspire to be Apple or Nike, but on Amazon, they are closer to AmazonBasics. That is, shoppers buy their products when searching using unbranded search terms.
Amazon to Build Incubator for Startup Trucking Companies
Company to recruit hundreds to start trucking companies and drive only for Amazon, say consultant and publication The Information.
Amazon.com Announces Financial Results and CEO Transition
Amazon.com today announced financial results for its fourth quarter ended December 31, 2020.
Target Global Leads $150M Round for Amazon Marketplace Consolidator Branded
There’s been a profusion of startups emerging in the last year around the concept of rolling up smaller e-commerce businesses — operations that mainly sell and distribute their products on marketplace platforms like Amazon’s — using economies of scale to bring them together to run and grow them more efficiently.
Tips and Tricks
How to Use Amazon Sponsored Brand Ads
Let’s dive deeper into what exactly Sponsored Brand Ads are, how they work, and how to set them up.
Dropshipping: How to Use Amazon and eBay to Become Your Own Boss
Dropshipping is a business model that allows entrepreneurs to sell products to their customers without ever having to stock inventory themselves. In this growing niche, the retailer is a middleman between buyer and supplier.
When & How to Add Your Amazon Brand to Big Box Retail Stores with Jim Debetta
Jim who’s been in the business of inventing and being one of the sharks of Shark Tanks reality show, hear him what you need to know to turn your invention into a real business.