As Amazon gears up for the holiday season, sellers are catching a much-needed break—Amazon has dropped overage fees, easing the pressure just in time. But it’s not all smooth sailing; Canadian sellers face a new 3% advertising fee, starting August 15. Meanwhile, TikTok’s partnership with Amazon is making waves, promising a seamless shopping experience right from the app. In this post, we’ve curated the latest updates to keep you informed and ready for what’s next.
Let’s uncover the insights!
📰 News and Updates
- Amazon drops overage fees, easing holiday pressure for sellers.
Amazon’s latest move to eliminate overage warehouse fees helps sellers breathe easier and better prepare for the crucial holiday season, amid ongoing fee controversies.
- Amazon’s new 3% regulatory advertising fee hits Canadian sellers.
As of August 15, 2024, Amazon will expand its Digital Services Tax, adding complexity to ad costs for Canadian advertisers. Discover how this change impacts your strategy today.
- Amazon’s missteps in India’s e-Commerce revolution.
Amazon’s failure to adapt to India’s rapid quick-commerce growth highlights a strategic blunder, with rivals like Flipkart and Blinkit outpacing the giant.
- Amazon empowers FBA sellers with enhanced return management tools.
Amazon’s expanded return options, like Grade and Resell, offer FBA sellers innovative solutions to recover value and support sustainable practices, improving both customer satisfaction and seller profitability.
- Streamline your inventory: new FBA auto-replenishment control for Amazon sellers.
Amazon sellers can now enjoy greater flexibility by setting tailored auto-replenishment plans for individual SKUs from AWD to FBA, optimizing inventory management.
💡 Insightful Reads
Articles
- Master the art of Amazon listing optimization in 2024.
Discover nine key strategies to elevate your Amazon product listings and boost sales. Click to learn how to stand out in a crowded marketplace.
- Why fake Amazon reviews aren’t worth the risk.
Discover why investing in fake reviews can jeopardise your Amazon business. Learn about the ethical, legal, and financial pitfalls and how to build trust with genuine feedback.
- Amazon’s TikTok alliance: a game-changer for sellers.
As Amazon and TikTok join forces, sellers must adapt or risk being left behind—learn the key strategies to thrive in this social commerce revolution.
Guides
- Unlock your e-Commerce potential: essential growth strategies for Amazon sellers.
Discover proven strategies to elevate your online business, overcome challenges, and leverage Amazon’s tools for unstoppable growth—click to dive deeper.
- Arbitrage: the authoritative guide on how it works, why it works, and how it can work for you.
Chris Green, an expert in retail arbitrage, reveals in his authoritative guide how anyone can turn price differences into profitable opportunities in the Amazon marketplace.
🎥 Must-Watch Videos
- Mastering low ACOS: unlock success with strategic spending.
Discover essential strategies to reduce your Advertising Cost Of Sales (ACOS) while maximising ad impact—perfect for both new and seasoned Amazon sellers looking to enhance their campaigns.
- Amazon’s latest update could disrupt seller success.
Amazon’s recent tweak—removing reviews from search results—might level the playing field for newcomers but could frustrate established sellers and impact shopper trust.
🎙️ Podcast Picks
- Unlock Amazon Ad success with key metrics.
Michael Erickson Facchin reveals how mastering essential metrics like ROAS and CPC can transform your Amazon advertising strategy. Tune in for actionable insights and optimization tips to maximize returns.
- Amazon’s big shake-up: factory direct sales are here.
Tune in to the latest episode of Lunch with Norm to explore how Amazon’s new factory-direct sales model is transforming the eCommerce landscape. While this shift may offer lower prices, sellers must quickly adapt to remain competitive in this evolving marketplace.
💬 The Word of the Week
Amazon Glossary.
ASIN (acronym)
The Amazon Standard Identification Number (ASIN) is a distinct 10-character alphanumeric code given to every product on Amazon, serving the purpose of product identification and inventory management.
Source: Dictionary.com
📈 What’s Trending?
- TikTok and Amazon join forces for a seamless shopping experience.
Discover how TikTok’s latest feature lets users shop Amazon products directly within the app—fast, easy, and frictionless. Read on to find out more!
- Enhanced financing opportunities for Amazon sellers.
SellersFi’s partnership with Amazon Lending brings term loans for inventory and marketing growth. Verify eligibility and apply through the Growth tab in Seller Central.
Don’t miss out on future Amazon news tailored for Amazon sellers! Follow us on social media for real-time updates and actionable insights.
Whenever you are ready
Don’t let manual pricing drag you down. Repricer ensures you stay competitive effortlessly. It’s time to reclaim your time and boost your profits with smart automation—Start your free trial!
