Around 85 percent small and medium businesses (SMB) selling products on Amazon expect an increase in their sales in the upcoming festive season, according to a survey. The survey, commissioned by Amazon and conducted by Nielsen, showed that around 74 percent sellers also expect a recovery in business. Around 89 percent respondents expect to reach out to new customers and 78 percent mentioned an increase...
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When Amazon announced at the weekend that it would lift its month-long exclusion of “non-essential” goods from its warehouses, its millions of third-party sellers enjoyed a brief moment of relief. Soon, however, this was replaced by a whole new range of frustrations: huge order backlogs, strict unit quantity limits and unpredictable policy changes. “We have orders that go back as far as March 22 that...
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Steve Jenson of Logan, Utah, thought he had a good business selling books through Amazon.com Inc.—then he got hit with a $200,000 tax bill from the state of Washington, alleging he had failed to collect and remit sales taxes from customers dating back to 2011. It was a rude awakening for Jenson, who, like many other Amazon sellers, says he wasn’t even aware that he...
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The past year has seen Amazon active seller growth of 25% to a total of 1.16 million on their EU marketplaces, according to data released by Marketplace Pulse. Worldwide, Amazon active seller growth was 17.7% to a touch under 3 million sellers (2,934,383) meaning that the EU is one of the most competitive territories Amazon operate in – in total more than the 1,114,388 active...
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Amazon will impose stricter storage limits on sellers who use Fulfillment by Amazon (FBA) beginning in January. Sellers can blame the policy change on the company’s push for faster delivery – specifically, transitioning Prime Free Shipping from two days to one. “While investing in our network, we need to manage our storage space so that we can continue delighting customers with products they love at...
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47% of the top Amazon sellers are based in the US, and 38% are based in China, according to Marketplace Pulse analysis of the top sellers whose business addresses can be reliably determined. Brooklyn, New York hosts the zip code with the most Amazon US-based sellers, and Shenzhen is home to a third of Chinese sellers on Amazon. Top 10,000 sellers on Amazon.com were considered...
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Look out, online shoppers. If you’re looking for the lowest prices out there on a new online purchase, Amazon may no longer be your best bet. According to news source Reuters, the retail giant has relaxed restrictions on third-party sellers featured on its site, which meant they couldn’t sell their wares for a cheaper price on other rival websites. Amazon gave no immediate explanation for the...
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Thousands of merchants that sell on Amazon woke up to a rude surprise Monday morning, March 4: a message that Amazon was no longer placing orders for their products and, in some cases, that their account was being shut down. The out-of-nowhere move left some vendors reeling, searching for answers on why their business with Amazon changed drastically overnight. In some instances, these vendors —...
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One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply with new federal e-commerce curbs that took effect last week, two sources told Reuters. India’s modified foreign direct investment rules that kicked in on Feb. 1, prevent companies such as Amazon from selling products from vendors where they, or their group companies,...
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Amazon sellers saw a fast sales growth rate that exceeded first-party selling on the marketplace, with more than 50k of the marketplace’s merchants sold more than $500k (£387k) individually on Amazon stores globally last year. The marketplace announced last week that the number of small and medium-sized (SMEs) businesses eclipsing $1m (£777k) in transactions on Amazon Storefronts, a platform for an online small business experience grew by...
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