Every other week, we share quick bites of Amazon seller news, tips, and other goodies. Here is a quick roundup of seller snacks to munch on:
Amazon’s 10th Prime Day Will Be on July 16-17
It’s official. Amazon will be holding its 10th Prime Day on July 16-17.
Data intelligence firm Similarweb expects Prime Day to bring in $14.7 billion in sales, beating last year’s record.
Enjoy the uptick in sales!
Jungle Scout’s Product Pricing Report 2024
Jungle Scout has just released its Amazon Product Pricing Report for 2024 which provides a snapshot of price trends among this year’s best-selling products.
The report identifies the most impactful factors in pricing from the past year, the influence of popular sales events like Prime Day and Black Friday on prices, Amazon product categories seeing the biggest price drops and hikes, and top tips for a successful pricing strategy.
Read the report here.
Amazon Hooking Up With Big Beauty Brands
According to CivicScience data, Amazon is where most shoppers looking to buy beauty products begin their search, outranking Google, YouTube, and other social platforms and online stores.
More importantly, a significant 68% of shoppers who buy beauty and personal care products make their purchases on Amazon.
If you’re wondering why brands like Kiehl’s are hooking up with Amazon, here’s the reason…
Are FBA Refund Providers Taking Advantage of You?
According to Eytan Wiener of GETIDA, some Amazon refund providers do.
In this LinkedIn post, Wiener explains that some Amazon refund providers have been exploiting a loophole related to Customer Returns to charge Amazon sellers for refunds Amazon was going to reimburse anyway.
According to Wiener’s breakdown, Amazon is supposed to reimburse sellers for returns refunded in which the sellers didn’t get their products back in 60 days, However, due to an internal error, Amazon ends up reimbursing the sellers their refunds in 64 days.
Some refund providers open cases with Amazon for this claim type between day 60-64, and are charging customers for reimbursements they would have gotten anyway.
Naughty, naughty.
If you are using a refund provider, make sure you watch this YouTube video to check so you can make sure you aren’t being taken advantage of.
OA News, Tips, & Tricks
- More from Chris: Chris Grant’s Rule of 100 – Chris Grant is one of the most successful OA teachers, and according to him, one of his keys to success is his “Rule of 100.” View this awesome thread on X.
- What Does a Flat Buy Box Line Mean? – ever seen a flat buy box line on Keepa? In this thread on X, @alloutamazon explains that a flat buy box line can mean two things, and can have vastly different effects on your business.
Important Amazon Seller Updates
Updated FBA Enrollment Opportunities Tool – the updated FBA Enrollment Opportunities Tool can help find lower FBA rates and help you decide which of your products to enroll in FBA. The updated tool has also been integrated with Amazon’s revenue calculator which can help you better understand your fulfillment costs.
Subscribe and Save Launch for MF Orders– seller-fulfilled products will be included in Amazon Subscribe and Save program when it launches on June 27. The program offers customers discounts on frequently used products with the convenience of auto-delivery.
Your eligible, replenishable products will be auto-enrolled in the program (you can opt out if you wish) at the default discount you’ve set in your Subscribe and Save settings.
This Week in Seller School
Blog Posts
- How to Appeal an A-Z Claim by Your Selling Guide
- How Can You Resell Used Items on Amazon by Bqool
- Dealing with Negative Reviews on Amazon by AMZ Advisers
- FBA Shipment Creation for Amazon Sellers by SellerEngine
Podcasts
- What Is the New FBA New Selection and How It Might Benefit You as a Seller by The Next Amazon Top Seller
- How to Source Inventory that Will Sell within 30 Days by Full-Time FBA
Other Quick Clicks
- Amazon developing AI Chatbot that would compete with ChatGPT and others
- Amazon’s new AI-powered tools help advertisers easily create engaging and vibrant images
- How Amazon brands are adjusting to new normal as fee changes squeeze margins
Thank you for reading. If you have any questions, comments or violent reactions, just hit “reply.”
Let’s make kajillions!
Heath, Jason, and the FBALeadList team
Need Online Arbitrage Leads?
We offer handcrafted MANUALLY SOURCED online arbitrage lead subscriptions at FBALEADLIST.COM. First come, first serve.
Collaboration?
If you want to partner in sharing something through this newsletter, please contact us at he***@*********st.com. Thanks.
Some links may be affiliate links. We may get paid if you buy something or take an action after clicking one of these. We appreciate the support.
