Welcome to RepricerExpress’ weekly round-up of the top five stories from the world of Amazon and ecommerce.
17 days or 2 strikes – Amazon gets tougher on suspension appeals: Chris McCabe at Web Retailer reports he has seen a lot of changes in the past few months regarding how Amazon executes account suspensions and how they evaluate seller appeals for reinstatement. Specifically, he refers to Amazon testing out some new messaging to sellers who violated the terms of the Transparency program and those were suspended for inauthentic or counterfeit item complaints. Continue reading…
Related: What to Do If Your Amazon Account Gets Suspended
Western Union and Amazon to launch new way to pay: Dan Wilson at Tamebay reports that Western Union has announced it is has been engaged by Amazon to launch a new payment option that allows international shoppers to pay in person, in local currency where available, for their online purchases. Western Union’s money movement platform will power a new payment option for cross-border customers shopping on Amazon.com. Customers in select countries will be able to shop on Amazon and pay in person, in local currency, through the Western Union agent network. Continue reading…
Amazon UK launches ‘try before you buy’ fashion service: Sarah Butler at The Guardian reports that Amazon is launching its “try before you buy” fashion service in the UK, marking the online retailer’s latest push into the clothing market. Prime Wardrobe delivers a bag of three to eight clothing items with no upfront charge and free delivery for people signed up to Amazon’s subscription service. Wardrobe shoppers are offered discounts relating to the number of items they choose to keep – beginning with £5 off when they choose items worth £100 or more and £20 discounts if they keep items worth £200 or more. Shoppers can return any unwanted items free of charge within seven days. Continue reading…
Amazon took 18 years to hit a market cap of $250 billion. It lost that much in 8 weeks in the tech stock mauling: Jake Kanter at Business Insider UK reports that Amazon has lost $250 billion in market value since it became a trillion-dollar company in September. It took Amazon 18 years to reach a valuation of $250 billion after first going public in 1997, Fortune pointed out. Amazon’s quarterly results missed analysts’ expectations and ignited worries that the tech company is facing stronger competition. Continue reading…
HMV overtakes Amazon in physical music sales: Ava Szajna-Hopgood at Retail Gazette reports that HMV has managed to defeat Amazon as the UK’s biggest seller of physical music, according to new data from Kantar Worldpanel. Based on music sales for the 12 weeks to September 23, Kantar reported that HMV increased its market share to 28 per cent, moving comfortably ahead of Amazon’s 21.1 per cent to become the biggest physical music retailer. HMV has faced plenty of pressure as the UK’s last bricks and mortar music chain, but the results found gifting sales were up 21 per cent over the period, which also contributed to HMV’s second consecutive growth of market share. Continue reading…
Bonus: 6 Great Black Friday Tips for Amazon Sellers
Quote of the week:
“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”
Colin Powell
Happy weekend!
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][xyz-ihs snippet=”Join-Newsletter-Blog-Footer”][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]
