Here is your midweek jetpack of Amazon seller news, updates, and other useful clicks for your e-commerce business…
One of the Largest Chinese E-commerce Companies to Enter the US Market
Pinduoduo, a Chinese e-commerce market powered by one of China’s leading tech firms, plans to launch a cross-border e-commerce platform that will target specific sectors of the American market. Their niche has been bringing “more social and video game-like elements” to online shopping.
Will this cut into the Amazon marketplace? Only time will tell.
The Pharmapacks Shutdown: Good or Bad?
Last week Packable, the parent company of Pharmapacks (a top-3 Amazon reseller who reported $450M of rev in 2021) announced it will be ceasing all Amazon operations after a failed attempt to go public.
This write up from Ecomcrew breaks down what happened and how it might negatively affect other third-party sellers who are trying to massively scale.
We think it brings more opportunity for smaller sellers to fill the gaps.
2022 Holiday Season Amazon Restock Limits
Amazon recently sent out an email informing sellers about an update on restock limits for the holiday season.
All FBA sellers will see their restock limits updated to allow 4 months of inventory. However, those with excess inventory will be restricted from restocking additional products until inventory levels are below the limits.
Make sure to be aware of your limits and how it affects your Q4 buying strategy. If you received this email from Amazon, they point out your current status in the email.
Amazon Announces Black-Owned Business Badge
To celebrate Black Business Month and the one-year anniversary of Amazon’s Black Business Accelerator Program, Amazon announced that it is testing a Black-owned business badge to highlight when the current featured offer for a product is sold by a certified Black-owned business.
View the community discussion here.
Podcast: Q4 Snowball Effect for Massive Profits
A few days ago, Episode 151 from the Full-Time FBA Podcast dropped with some golden nuggets on how to maximize Q4 profits and use those profits to grow your business.
Youtube: OA Strategies with a 7-figure Seller
Earlier this week, the honorable Chris Grant released a new video podcast on youtube with 7-figure seller @Oliverflips dissecting OA strategies for success, business SOPs, data management, and building a 7-figure seller tool stack. Good stuff.
Bezos Crushes McDonald’s in Memory of His First Job
This past Sunday, Bezos tweeted a picture of himself engulfing some of Ronald’s famous grub in memory of his first job — flipping burgers at McDonald’s. Great burger? Debatable. Entrepreneurial success? Undeniable. Read how his first job inspired his management practices.
Other Quick Clicks
- As competitors struggle, inflation helps Amazon back on top
- Amazon expands hydrogen supplier deal with Plug Power as it strives for carbon neutrality
- Amazon’s Global Month of Volunteering includes hundreds of partners
- TikTok’s Gen Z creators discuss why they signed the “People over Prime” pledge refusing to work with Amazon until it meets labor union demands
- DC’s AG looks to revive Antitrust suit against Amazon
- Amazon and DirecTV partnership brings ‘Thursday Night Football’ to 300,000+ bars, restaurants and other venues
Thank you for reading. If you have any questions, comments or violent reactions, let us know below!
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