#86 - Amazon Hikes Fees for Seller's Orders, and much more
Amazon is raising fees for sellers who use its fulfillment services to store their inventory and deliver their orders to buyers.
Thousands of new sellers are joining the Amazon marketplace every day. For over five years, the figure has remained virtually unchanged. According to Marketplace Pulse research, more than 2,000 new sellers have joined Amazon’s twenty global marketplaces every day since 2016.
This week the Securities and Exchange Commission (SEC) ruled in favour of Amazon shareholders having a vote on whether the company will sign up to the Global Reporting Initiative (GRI).
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Good to Know
I’ve bought plenty of things on Amazon before (and usually hate myself for it), but the situation with microSDs really shocked me.
Amazon’s Utility Patent Neutral Evaluation (“UPNE”) process is intended to be a fast and efficient method for resolving claims of patent infringement by products listed on the Amazon site.
A mother contacted Channel 9 after her daughter spent hundreds on Amazon for something that didn’t work and she couldn’t get a refund.
Amazon is delaying making changes to the buyer-cancellation process and it provided more information about the changes. Amazon will now roll out the new process on May 10 instead of April 27th.
A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 billion.
The reaction from sellers (always a witty bunch) was puzzlement and jokes, given the fact that most sellers use shipping carriers to deliver their orders to customers.
One pair of headphones, which had a four out of five star rating, featured reviews for “plushie” toys - a “cute” and “adorable” cuddly stuffed animal apparently loved by children and adults alike - and electronic cables
Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% “fuel and inflation surcharge” to fees it charges third-party sellers who use the e-commerce giant’s fulfillment services.
A Wall Street Journal investigation from 2020 found that Amazon employees have used third-party seller data from its platform to benefit its own private label products, a practice the company has denied engaging in.
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Tips and Tricks
Check out these expert tips to help you write better titles and bullets that convert more searchers to buyers on your Amazon listings.
Amazon is an undisputed leader in the ecommerce space and hence, attracts millions of sellers worldwide. With so much competition, valuating your FBA business during a potential exit depends a lot on your sales.
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In the Amazon Business (B2B) Seller Program, sellers are able to combine proprietary features that are designed to streamline B2B transactions with features they have developed exclusively for Business Customers.
In the U.S., most transactions involving the purchase of an Amazon FBA business involve the purchase of the business’ assets as opposed to the entirety of the business.
To get an idea of how these business aspects can be navigated, we interviewed several local businesses that have built an international presence to learn their strategies for selling products internationally.
With 9.5 million Amazon sellers globally and 73% of sellers using FBA (Fulfillment by Amazon), there’s no doubt that joining this lucrative market in 2022 is a phenomenal idea.
Selling board games, both new and used, on Amazon can make you big profits! Board games are an underrated item to sell in your Amazon business.
We start doing research to learn more and get lost in it. So, obviously, this is not your next move. So that's what we need to figure out. I want to give you some ideas to think about and some questions to ask yourself.