This episode dives into the performance of Prime Day 2023, revealing surprisingly strong sales for many sellers despite initial low expectations. It also alerts Amazon and Shopify sellers to emerging threats like Temu cloning products and the risk of unknowingly selling stolen goods. Finally, it prepares merchants for a potential UPS strike and its impact on shipping, offering crucial insights for contingency planning.
Key takeaways
Understand that while Amazon's Prime Day showed overall growth, individual seller experiences varied; analyze your own Prime Day performance relative to broader trends and competitor strategies (e.g., email campaigns to external audiences) to refine future promotional efforts.
Proactively monitor platforms like Temu for product listing infringement, as stolen listing content and lower prices can significantly impact your sales, and be prepared to report such instances directly to the platform.
Exercise extreme vigilance when sourcing products, especially branded goods with 'too good to be true' deals, to avoid unknowingly selling stolen merchandise, which can lead to account suspension on Amazon.
Stay informed about the potential UPS strike and its implications for your specific shipping operations, particularly if you rely on FBM or use UPS for small parcel shipments to Amazon warehouses, and develop contingency plans with alternative carriers.
Explore new sales channels and integration opportunities, such as the Roku-Shopify collaboration, which allows direct purchases through smart TVs, to diversify your revenue streams beyond traditional marketplaces.
In this episode, we cover the latest news in Amazon and the E-commerce industry. This week’s breaking news includes results from Prime Day, how the UPS strike can affect your business, and more!
What does this episode say about amazon & marketplaces?
Understand that while Amazon's Prime Day showed overall growth, individual seller experiences varied; analyze your own Prime Day performance relative to broader trends and competitor strategies (e.g., email campaigns to external audiences) to refine future promotional efforts.
What does this episode say about supply chain & operations?
Proactively monitor platforms like Temu for product listing infringement, as stolen listing content and lower prices can significantly impact your sales, and be prepared to report such instances directly to the platform.
What does this episode say about shopify & ecommerce platforms?
Exercise extreme vigilance when sourcing products, especially branded goods with 'too good to be true' deals, to avoid unknowingly selling stolen merchandise, which can lead to account suspension on Amazon.
What does this episode say about ai & automation?
Stay informed about the potential UPS strike and its implications for your specific shipping operations, particularly if you rely on FBM or use UPS for small parcel shipments to Amazon warehouses, and develop contingency plans with alternative carriers.
What does this episode say about amazon & marketplaces?
Explore new sales channels and integration opportunities, such as the Roku-Shopify collaboration, which allows direct purchases through smart TVs, to diversify your revenue streams beyond traditional marketplaces.