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Leaked files seen by the Business Insider (BI) show that Amazon may be planning a second Prime Day in the fall to boost growth. Amazon Is Looking to Replicate Prime Day 2022 Success Prime Day 2022 results are out, and Digital Commerce 360 estimates that the eComm giant made $12.09B globally during the 2-day extravaganza that ran […] Read More
⚠️ Brace for potential delivery delays in Q4 as UPS places shipping limits on Amazon to pursue more profitable shipments, such as B2B. Sudden Drop in eCommerce Parcel Volume After experiencing a surge in revenue and parcel deliveries in 2020 and 2021, the average US daily volume for UPS dropped 4% during the second quarter of 2022. […] Read More
Shopify suffered a major blow as shares of the company dipped by 14% on Tuesday. 📉 Earlier that day, Shopify founder and CEO Tobi LĂĽtke sent a heartfelt memo to the company about the immediate changes regarding their personnel. “Shopify has to go through a reduction in workforce that will see about 10% leave by the end of […] Read More
It’s been a challenge keeping this under wraps but we’re finally ready to announce that SoStocked has recently become a part of the Carbon6 family. The SoStocked team and leadership aren’t going anywhere. In fact, several SoStocked execs and I are even stepping into advisory roles within Carbon6 to help to bring more value across the entirety of […] Read More
Canadian tech giant Shopify continues to challenge Amazon’s dominance over the US eCommerce market, from acquiring Deliverr to offer 1- to 2-day shipping to recently teaming up with YouTube to allow merchants to directly link their stores and sell products on the video platform. Shopify Gets on the Live Commerce Trend On July 19, Shopify launched YouTube Shopping to make it […] Read More
Seven years after its launch in 2015, Amazon Business has grown to be the leading B2B online marketplace for business buyers. 🚀 In its first year, the eComm giant made $1B from selling office supplies. In year three, the annual sales reached $10B, which drew the attention of Bank of America securities analyst Justin Post. “While […] Read More
Watch out, folks! 📢 More shipment delays may be expected as more than a hundred protesters – composed of truck drivers who own and operate their own rigs – descended upon the Port of Oakland on Monday to challenge the California Assembly Bill 5 (AB5). The protests prevented other trucks from entering the port, resulting in […] Read More
Amazon is reportedly reducing the number of items and categories under its private label (PL) business by more than half due to poor sales, and as we assume, the impending antitrust bill. 🤔 Inflation Takes its Toll on Amazon and Consumers The decision to scale back Amazon’s PL selection came after a profitability review by Dave Clark, former […] Read More
Possibly some good news for UK/EU sellers… 🇬🇧🇪🇺 From July 2022 to April 12, 2023, you can take advantage of the following fee reductions: The fee reductions sure sound attractive, especially with the recent increases in shipping and FBA fulfillment costs. 🤔 Why the sudden generosity? This move might be Amazon’s attempt to: All this aside, however, UK […] Read More
Want to expand your catalog with new B2B products? đź’° Amazon just launched a new ASINs Recommendations Page for its selling partners in the UK. Designed to help you find your next best seller, the page offers a list of products that many business customers are looking for but aren’t currently available on Amazon. It also provides you […] Read More
