This is your important Amazon Seller news for the week:
- “Amazon Takes a 50% Cut of Sellers’ Revenue”: According to Marketplace Pulse, Amazon takes a 50% cut of third-party seller revenue as platform fees. The report highlights that despite this high fee, many businesses still choose to sell on Amazon.
Link: https://www.marketplacepulse.com/articles/amazon-takes-a-50-cut-of-sellers-revenue
- “Amazon Changes Sourcing Strategy in Europe”: EcommerceBytes reports that Amazon is moving away from smaller suppliers and focusing on larger manufacturers in Europe. This shift may impact small businesses who rely on selling their products through Amazon.
Link: https://www.ecommercebytes.com/2023/02/16/amazon-changes-sourcing-strategy-in-europe/
- “How Amazon Aggregators Have Evolved in 2023”: Modern Retail explores how Amazon aggregators have evolved in 2023, with many buying assets at lower prices due to the pandemic’s impact on the retail sector.
- “AI Listing Architect: The Future of Product Listings?”: SmartScout discusses the AI Listing Architect, an innovative tool that uses artificial intelligence to create optimized product listings for ecommerce businesses.
Link: https://www.smartscout.com/ai-listing-architect/
- “Seller Gets 20 Months in Prison for Bribing Amazon Employees”: An Ohio seller was sentenced to 20 months in prison for bribing Amazon employees to reinstate his suspended accounts and manipulate product reviews.
- “EU Amazon Prime Eligibility Criteria Changes”: ChannelX reports that changes have been made to the criteria for EU customers seeking eligibility for free shipping under Amazon Prime.
Link: https://channelx.world/2023/02/eu-amazon-prime-eligibility-criteria-changes/
- “The State of the Amazon Seller Report – Q1 2023 Edition”: Jungle Scout’s latest report provides insights into the state of selling on Amazon, including trends, challenges, and opportunities for sellers.
