#92 - Amazon Shipping Rate Hike, Prime Day Tips, and much more
Amazon sellers got a surprise on Friday when they printed USPS Media Mail shipping labels. Instead of costing $3.19, Amazon showed the rate as $3.49.
Amazon aggregators have raised just $2.2 billion in the first half of the year after raising $5.1 billion in the first half of 2021. The race to launch and fund new aggregators has ceased.
Prime Day 2021 was the biggest two-day period ever for Amazon’s third party sellers, nearly all of which were small and medium-sized businesses, the marketplace said.
Is Amazon giving you headaches?
Good to Know
On June 14, sellers noticed Amazon was expecting them to ship on a postal holiday (June 20) despite the fact the USPS would not be accepting or delivering mail that day.
In a gigantic loophole that certainly damages the pocketbooks of writers, Amazon is under fire for allowing the return of purchased e-books after a week.
Amazon is making it easier for European Prime members to cancel their subscriptions following complaints from consumer groups. The changes immediately apply to all E.U. Amazon websites accessed through desktop computers, mobile devices and tablets.
There are rules and regulations for different types of products, designs, and trade secrets differing by country and region. It takes years to develop unique products and bring solutions to market to consumers, with a tremendous amount of IP involved.
"What they'll do is they'll send people very cheap products that only cost a few cents... They'll then ship that product to somebody and then create a review for a different product, more expensive product," said one expert.
Now has notified Amazon about a brand posting Certificates of Analysis from a third-party testing lab on their website which confirm the fill weight of its products, but not the identity, potency, or purity.
Internet commerce giant Amazon.com Inc can be sued under New Jersey law for defective products sold by third parties through its online marketplace, a second federal judge in the state has ruled.
What isn’t so well known, is that Walmart.com has almost 50% of the online traffic that Amazon.com has, whilst having only 3% of the number of sellers.
“Amazon is a very competitive arena, using both what we might call white-hat and black-hat tactics. This is clearly on the more black-hat side of things,” Rick Watson, founder and CEO of RMW Commerce Consulting said.
“Due to regulatory requirements, all Mylar bags that are not clear or single-colored must be removed from the Amazon store by August 5, 2022.”
The U.K.’s Competition and Markets Authority said it is probing Amazon over practices affecting sellers on its domestic marketplace that “may be anti-competitive and could result in a worse deal for customers.”
In the age of side hustles, Amazon may seem like an unlikely place to start, but you can make just as much selling on Amazon as you usually spend. Lauren Stark is the head of business strategy for mDesign, one of the largest home storage brands on Amazon.
Briefcake - A Daily Email from Your Favorite Websites
Tips and Tricks
Dropshipping is a unique business model because you never take ownership of a product; you simply list the product for sale, wait for it to sell, and send the order to your supplier. As a result, it requires only a minimal upfront investment.
In less than two weeks, Amazon will launch Prime Day, a massive summer shopping event that was once known for its hefty discounts. However, given the current difficult macroeconomic climate and limited inventory, some brands might not offer as deep of discounts as they normally have.
Plenty of online stores offer flash sales and steep discounts to keep product moving out the door. Both provide quick sales. The downside, however, is lower profit.
Just like every other Amazon seller, we are navigating these choppy waters. We're thinking about what type of hard decisions we need to make over the next 6 to 12 months—to make sure we are mitigating the down risk and maximizing our upside.
In this episode, Kevin welcomes an Amazon marketing expert to talk about how content, community, and social listening can level up your business.
Here we will be discussing three types of emails you must send to your email list. Now I've been talking to a lot of e-commerce sellers lately. We've been doing these game plan calls where we're allowing people to hop on a call with us and dig into their business. We're seeing if there are some holes that we can find.