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, TikTok Finally Hook Up
Amazon and TIkTok have entered a partnership that will allow TikTok users to buy from Amazon without leaving the TikTok app.
US shoppers who choose to link their account will start seeing select Amazon product ads with real-time pricing, Prime eligibility, delivery estimates, and product details.
This is a huge step toward the future dominance of social media commerce (or at least a way for Amazon to keep their chokehold on the markets.)
Pluto-22 Has Two Spots Open
Our online arbitrage lead list, Pluto-22, has two spots open. This list doesn’t pop open very often.
If you want to jump on to prep for Q4, do it now.
First come, first serve.
Use promo code 30%OFFFIRSTMONTH for 30% off your first month.
Happy Selling!
Amazon Liable for Third-Party Defective Goods
The U.S. Consumer Product Safety Commission has ruled that Amazon can be held responsible for defective goods sold by third-party merchants on its marketplace.
Amazon:
Under this ruling, Amazon will now be required to develop a plan to notify purchasers and the public about product hazards, as well as offer shoppers refunds or replacements for the affected products.
As expected, Amazon is all set to appeal the decision.
Did Competition Force Amazon to Lower Its Fees?
According to this article from Marketplace Pulse, yes.
Stiff competition from Shein and Temu reportedly forced Amazon’s hand to lower its fees, particularly in the Clothing and Apparel category, which in turn have enabled sellers to also lower their prices to drive up sales.
In January, Amazon dropped its seller fees on clothing priced lower than $15 to 5% from 17%, while seller fees for clothing priced $15 to $20 dropped to 10%. According to CEO Andy Jassy, this has caused significant year-over-year unit growth in apparel in Q2.
Amazon will be continuing to work on reducing its seller fees to enable it to sell lower-priced items on Prime.
Feeding Product Trends in Amazon’s Baby Category
Jungle Scout has released a report on feeding product trends in Amazon’s red hot Baby category. The report explores leading brands including Momcozy, Dr. Brown’s, and Boppy, as well as feeding products such as baby bottles, pacifiers, nursing pillows and more.
Key takeaways from the report:
- Factors which caused sales spikes of up over 400% in 90 days.
- Actions brands can take to respond to the 20% year-over-year growth in first-party revenue.
- How to increase and leverage reviews.
Get access to the report here.
OA News, Tips, & Tricks
Estee to be Gated – According to Chris Grant, Estee Lauder will be gated to sellers starting September 23, 2024.
More from Chris – If you haven’t followed Chris Grant (@cleartheshelf), here are some recent great posts on X:
- Maximize Discounts for Your OA Products – Chris wrote a 7-page guide that details discount strategies you can use to maximize your profits. Click on the post on X and get your copy.
- Reverse Sourcing– In this thread, Chris provides a guide on how you can make your reverse sourcing 10x more effective.
Everything You Need to Know about Q4 – In this thread, @flips4miles gives you everything you need to know about Q4 including important dates, a full FBM guide, Q4 sourcing, Black Friday tips, and mistakes to avoid.
Great Sourcing Tips – With Q4 fast approaching, it’s definitely crunchtime for OA sellers. Here are some great sourcing tips that will elevate your sourcing game:
- 6 Types of OA Products to Watch Out for – @alloutmazon talks about six types of OA products to watch out for when sourcing.
- Low-competition items– @fieldsofprofit shares products which sellers usually skip over which can be huge game changers especially this Q4.
Important Amazon Seller Updates
Returnless Resolutions Launched – Amazon has just launched the Returnless Resolutions program which promises to streamline returns for sellers. This program allows you to offer your customers a full refund without them having to return the item.
Updated Bullet Point Requirements – Effective August 15, Amazon will be implementing the following key changes to bullet point requirements:
- Restriction of special characters, emojis, and some phrases, such as refund-related guarantees.
- Guidance to help sellers create high-quality bullet points that are clear and concise.
Moreover, Amazon will start removing non-compliant content, and utilize AI to generate compliant, high-quality bullet points which will be shared to you for review before Amazon publishes them to your listings.
2024 Holiday Peak Fulfillment Fees – Amazon has already shared its annual holiday peak fulfillment fees which will apply from October 15, 2024 up to January 15, 2024.
Click here to view US Fulfillment by Amazon fee rates.
Turn Customer Returns to Sales with FBA Grade and Resell – Sellers can now participate in the FBA Grade and Resell program, an optional fee-based service that grades and relists returned products.
Select a Preferred Carrier When Shipping to Amazon – Amazon has now added the option to select a preferred carrier in the Send to Amazon shipment creation workflow.
Offer Deals for Upcoming Labor Day Sale – Amazon will be holding its annual Labor Day Sale from August 26 to September 3. You can participate in this promotional event by offering deals.
Click here for more information about eligibility and submission process for deals.
This Week in Seller School
Blog Posts
- What is Amazon Seller-Fulfilled Prime – Should Sellers Jump on It? by Clear the Shelf
- FBA vs FBM Fees (Comparison Guide) by GETIDA
- The Impact of Returns and Refunds on Amazon Seller Ratings by Refunds Manager
Podcasts
- The Blueprint to Running a Well-Balanced FBA Business by Full-Time FBA
- 14 Top Amazon Sellers Discuss Their Top Products for 2024 by The Next Top Amazon Seller
- Crucial FBA Reimbursement Updates by eCommerceChris
Other Quick Clicks
- More than two-thirds of US consumers now subscribe to Amazon Prime
- Amazon sets new delivery record
- Amazon meets 100% renewable energy goal 7 years early
- What is true AI and how can it help Amazon sellers
- Amazon reports 10% increase in net sales in Q2 FY 2024
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.
