Welcome to RepricerExpress’ weekly round-up of the top five stories from the world of Amazon and ecommerce.
If you invested $1,000 in Amazon in 1997, here’s how much you’d have now: Megan Leonhardt at CNBC reports that since the purchase of Whole Foods, Amazon’s stock has almost doubled over the past year. As impressive as that is, original investors in Amazon fare even better. If you had invested $1,000 during Amazon’s IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to CNBC calculations. Continue reading…
You will find more infographics at Statista
Amazon renames its ad services to cut down on the confusion: Garett Sloane at Ad Age reports that on Wednesday, Amazon debuted Amazon Advertising, which encompasses all the parts of an ad business that previously operated in isolation: Amazon Media Group, Amazon Marketing Services and Amazon Ad Platform. Amazon is trying to simplify its advertising business with a rebrand. Continue reading…
Amazon’s Alexa assistant now works with over 20K devices: Ben Fox Rubin at CNET reports Amazon executive Daniel Rausch stood onstage before a crowd of hundreds at Berlin’s IFA tech show Saturday to share a few big numbers about Alexa. At the start of this year, Alexa worked with over 4,000 devices but is now integrated with over 20,000 devices — a fivefold increase in just eight months. The number of brands using Alexa shot up to over 3,500 from 1,200 during the same time. Continue reading…
Amazon’s plan to reach 500 million Indians – speak their language: Vindu Goel at the New York Times reports that despite only 10% of India’s 1.3bn population fluent in English, most of the country’s ecommerce services have only been offered in English, closing off online shopping to the vast majority of people here. Now Amazon is aiming to break through that language barrier. Continue reading…
Four ways fashion ecommerce brands can compete with Amazon: Revecka Jallad at Forbes report that Amazon is one of the biggest online retailers and has grown exponentially over the past 20 years. When Bezos attended his first Met Gala in 2012, it marked Amazon’s foray into the world of fashion. And Bezos has big plans for its expansion into fashion ecommerce. This fact makes the giant seem impossible to beat, but that doesn’t mean other fashion ecommerce retailers can’t keep up. Continue reading…
Bonus: How to Write Winning Product Titles for Amazon
Happy weekend!
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