Here is your midweek jetpack of Amazon seller news, updates, and other useful clicks for your e-commerce business…
We are Giving Away Online Arbitrage Leads… Again
To celebrate the new year, we are giving away 200+ online arbitrage leads to two lucky winners. ($185 value each)
You can enter the giveaway here.
There are several simple ways to enter and gain more entries. Good luck! Click here to enter.
Bezos to Return to the Amazon Command Center in 2023?
Michael Batnick made a bold prediction that Jeff Bezos may return as Amazon CEO in 2023.
Batnick, a managing partner at Ritholdz Wealth Management, anchors his prediction on Amazon’s depressed stock price, which plunged by 50%, the largest dive the company has experienced since the year 2000. He thinks the recent struggles are enough to prompt the return of Bezos to his command center.
Similar moves have been made by Disney’s Bob Iger and Starbuck’s Howard Schultz in the past.
This is one of the 10 financial market predictions Batnick made for 2023.
Read the full story here.
Amazon Still Occupies Top Spot in World E-commerce Rankings
Internet cybersecurity company Cloudflare recently reported that Amazon remained the most shopped e-commerce website globally in 2022.
According to Cloudflare’s data, the top 10 e-commerce sites globally are:
- Amazon
- Ebay (yes really)
- TaoBao
- Shopify
- Alibaba
- AliExpress
- Home Depot
- Rakuten
- Walmart
- Mercado Livre and Shein
Read the full story here.
Everything You Need to Know About January Amazon FBA Fee Increases
FBA fulfillment fee changes are taking effect starting Jan 17th. *sigh*
This blog post from Feedvisor gives a great overview of all upcoming fee changes sellers can expect. The post breaks down changes in:
- FBA Outbound Fee
- Reduced Returns Processing Fees for Apparel and Shoes (yay)
- Increase in Storage Fee
- Increase in Removal and Disposal Fees
- Other Reduced Fees in 2023 (yay)
- Additional FBA Seller Fees and Costs
Top Retail Trends Influencing Consumer Behavior
This blog post from Jungle Scout talks about the top retail trends for January influencing consumer behavior, as well as the 13 top products on Amazon from the past month.
Updated Amazon Sales Rank Charts
Recently our friend Chris Grant shared his updated Amazon Sales Rank Charts for Amazon’s North American and UK marketplaces.
These charts are great guides that can greatly help in product sourcing decisions.
Amazon Liable for Counterfeits and Kock-off ads on its Platform?
Brands are pushing back against Amazon for allowing sponsored ads that target specific brands. Essentially, companies that are ripping off brands can run ads based on the brand keywords and trick people into thinking it’s the real brand.
Changes may be on the way thanks to a December 22 preliminary ruling in a lawsuit brought against Amazon by Christian Louboutin.
The suit, which was originally raised in 2019, alleges that Amazon should be liable for “the surfeit of sponsored posts for knockoff Louboutin shoes, complete with the brand’s trademarked red soles.”
This could lead to a change in the way Amazon does keyword advertising.
Learning Opportunities: Start of the Year Prep and Planning
January is all about carrying the Q4 momentum into the New Year and setting a foundation for the best year yet. Here are a few resources to help:
- Blog Post – 8 Things Amazon Sellers Should Do in Q1 by OA Challenge // Chris Grant
- Podcast – Amazon Reseller New Year’s Resolutions by Full-Time FBA
Other Quick Clicks
- 60-minute Amazon drone delivery is now a reality
- Why Amazon is betting on sports as it looks to expand revenue streams
- Amazon Fashion debuts new AR shopping experience with Snap
- Amazon secures $8 billion loan
Thank you for reading. If you have any questions, comments or violent reactions, let us know below!
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