E610: Amazon Has Massive Q2 Ecom Growth
Today, Dave summarizes the most important points sellers should know about from Amazon's Q2 earnings — highlighting an impressive 10% growth, breaking out of the 6% streak they've been seeing for years. However, there's a slight caveat to these good news. This doesn't mean that people are buying more from Amazon. Listen in to find out.
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The Big Takeaways
- E-commerce sales grew 10% year over year, a significant increase.
- FBA fees also grew at a rate of 11%, matching e-commerce sales growth.
- Advertising costs for sellers are rising significantly, up 23% year over year.
- To avoid getting bled out slowly, sellers need to make sure their options are properly set.
- Amazon's growth may not be as positive as it appears on the surface.
- Sellers should consider raising prices in response to increased costs.
Timestamps
- 00:00 – Amazon's Q2 Earnings Overview
- 01:56 – E-commerce Growth Analysis
- 06:45 – FBA Fees and Advertising Costs
- 12:18 – Conclusion and Key Takeaways
As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested.
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Thanks for listening!
Until next time, happy selling!