#81 - What to Expect in 2022, Amazon Strategies and more
Hot News
Amazon.com Announces Fourth Quarter Results
SEATTLE--(BUSINESS WIRE)--Feb. 3, 2022-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2021.
aboutamazon.com
What to Expect in 2022: 3 Strategies That Should be Top of Mind for Retailers
Following the New Year inundation of year-in-review happenings and trend predictions for the year to come, there is a lot to discuss. In conversations with retailers, technology partners and industry veterans in my network, several points have stood out.
retailtouchpoints.com
Amazon Marketplace is 25% of US E-commerce
Twenty-five cents of every dollar spent shopping online goes to the Amazon third-party marketplace. Were Amazon’s marketplace an independent platform, it would be the largest online retailer in the U.S.
marketplacepulse.com
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Good to Know
Blacklisted by Amazon, Chinese Sellers Flock to Walmart
There’s no shortage of industry bloggers or consultants on Chinese social media sites such as WeChat offering unscrupulous sellers so-called brushing services that help them create bogus reviews, credit card details, home addresses, and wish lists—all to simulate browsing histories and allow the placement of fake orders on retail websites.
goodereader.com
Amazon GMV Reached $600 Billion in 2021
$600 billion worth of goods were sold on Amazon in 2021. The total gross merchandise volume (GMV), including sales by Amazon itself and by the marketplace, doubled in three years. Most of that growth came from the marketplace.
marketplacepulse.com
Missing Profits: 93% of Amazon Sellers Lost Revenue From Supply Chain Disruptions
While most of the focus has been on the quantifiable impacts of this chaos, there is another segment of the economy that has not been addressed as much — the e-commerce seller, many of which are small to midsized companies that rely on the global supply chain for their livelihoods.
freightwaves.com
The day of the week with the highest Conversion Rate on Amazon is Wednesday — 11.72%
Profit Whales, a marketing agency, has come out with an Annual Amazon PPC report. In this retrospective summary, they analyse the past year own data and put the metrics in trend graphs.
profitwhales.com - [SPONSOR]
Amazon Helps Foreign Sellers Comply with Its Returns Policy
According to Amazon’s return policy, “Third-party sellers must either provide a return address within the United States, provide a prepaid return label, or offer a full refund without requesting the item be returned.”
ecommercebytes.com
One of Amazon's Seller Programs Has Been Found to be Unlawful
Amazon enrolled a small number of third-party sellers into the program while it was available. The retailer promised sellers they would earn a guaranteed minimum on their products, provided they agreed not to compete with the company.
engadget.com
What Really Happens to Amazon Returns
Sending back an online order has never been easier. It’s often free for the customer, with some retailers even allowing customers to keep the item while offering a full refund.
cnbc.com
Amazon’s ‘Price-Fixing’ Program Shut Down
Following a recent investigation by the attorney general of Washington, Amazon was ordered to pay $2.25 million and permanently shut down its “Sold by Amazon” program. Fundamentally, it was found that the program was based on price-fixing.
goodereader.com
Amazon vs. N.Y.’s Small Businesses: The Little Guys Need a 21st Century Antitrust Act
As a small business owner in Brooklyn, I first came to understand what predatory pricing really meant in 2014. Amazon’s losses were intended to capture greater market share — and it has worked. Between 2000 and 2015, the U.S. lost 108,000 independent retailers.
nydailynews.com
Boost Your Performance with Editorial Recommendations from Seller Rocket
Gain valuable positioning in Buying Guides and Editorial Recommendations from top publishers by partnering with Seller Rocket. These highly visible placements are proven to increase conversions.
sellerrocket.io - [SPONSOR]
Amazon Adds Price Comparison to Help Sellers Win the Buy Box
“With the newly launched Pricing Status feature, you can view how your price compares to other prices on Amazon or outside of Amazon in the Price + Shipping column on the Manage Inventory page,” it stated.
ecommercebytes.com
Asian Shares Rise As Amazon Reports Strong Results
Strong earnings from the likes of Amazon, Snap Inc. and Pinterest helped investors shrug off a tech-led selloff on Wall Street overnight following disappointing earnings from Facebook parent Meta in the wake of privacy changes by Apple and increased competition from TikTok.
nasdaq.com
Amazon Electronics Sellers Must Add New RFD Attribute to Listings
“The FCC Radio Frequency Emission Compliance attribute is now available for you to add your FCC compliance information to radio frequency devices that you offer for sale on Amazon,” the marketplace informed sellers today.
ecommercebytes.com
How Do You Say Amazon in Italian? Monopolista
Italian, French, and German regulators are stepping up fines on Big Tech for antitrust and privacy violations before Europe’s upcoming Digital Markets Act risks diluting their authority.
cepa.org
Amazon Marketplace Owners Can Now Be Bought Out in Crypto
Amazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto. Elevate Brands, which holds a portfolio of Amazon-focused consumer products companies, is teaming up with Coinbase Prime to offer the option.
coindesk.com
Tips and Tricks
How to Buy UPC Codes for Amazon in 2022
While it may sound a little intimidating to a new seller, the process is relatively simple. In this article, we’ll go over what a UPC is, why you need one, and where to purchase one that’s compliant with Amazon’s Terms of Service.
junglescout.com
I Made £500 Profit in One Hour After Sorting Through Amazon Returns, Anyone Can Do It
Speaking in the video, she explained: “Bin stores are typically Amazon returns stores where they just put everything in bins - everything is just one flat price.
the-sun.com
How Jungle Scout Customer Support Helps Amazon Sellers
Our Customer Support team is the liaison between Jungle Scout and our customers. From guiding you through the first steps of starting a business to a new seller feature, Customer Support is well-versed in all things Amazon.
junglescout.com
Best Online Arbitrage Tools for 2022
Online arbitrage is an incredible opportunity to make money on Amazon, without having to leave your home. In this article, we’re going to go over the best online arbitrage tools for your Amazon reselling business.
junglescout.com
Podcasts
Why You Should Raise Your ASP (Average Selling Price)
In this episode, we delve into all the benefits of raising your ASP and you’ll discover the direct link between long-term success selling on Amazon and having a higher ASP.
podcasts.apple.com
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