Out of its 30 apparel brands, Amazon is eliminating 27, leaving only three.
Is this move to slash expenses or is it motivated by the looming antitrust cases the company will soon face?
Expect Your Products Within
It’s not uncommon for importers to have their products destroyed, donated, or sold at a loss simply because it would be more expensive for them to keep paying the storage fees.
Importing can be a lucrative business, but you have to contend with problems and expenses like container fees, import duties, terminal handling charges, and documentation fees. On top of that, there’s also no guarantee that your shipment will arrive on time.
Wouldn’t it be nice if you can ship your products directly to your customers as they order them?
Amazon Top Terms
Time to dive into the last two weeks and check out the top 10 Amazon search terms that got popular from July 30 to August 12. Get ready for some insights into the keywords that are causing a stir on Amazon!
In this week's Amazon top 10 terms, the spotlight is on the “fino hair mask” at #2. Sales have surged from 18 to a whopping 181 units per day in just two weeks.
What's the fuss? This mask has become a social media sensation, with people all over social media discussing its remarkable effects on hair.
Just like the mask's popularity, our article Amazon Arbitrage in 2023 delves into making cash by reselling hot items like this on Amazon.
Additional Fees for SFP Sellers
Two months ago, Amazon announced that it will reopen enrollment for its Seller Fulfilled Prime Program. However, members won’t be too happy with the extra seller fees the company will impose starting October 1. Amazon will be imposing a 2% fee on each product sold by SFP sellers on top of the usual fees they’re already paying. There are other changes and updates to the program, including a 99% or higher valid tracking rate and a 93.5% or higher on-time delivery requirement. These changes, according to Amazon, will “ensure that it provides customers a great and consistent Prime experience.”
Working injured? Based on a recent investigation, some Amazon employees are advised by the company’s in-house clinics to continue working despite injuries.
True Fit. Shopify is working with an AI-powered fit guidance company to make it easier for customers to shop for apparel.
Bye, Dave! Amazon’s senior vice president of devices and services is planning to step down. He was responsible for the development of products like Kindle, Echo, and Alexa.