Welcome to this week’s eFocus, RepricerExpress’ weekly round-up of ecommerce and Amazon news.
Amazon has lent $1 billion to marketplace merchants in the last 12 months: Reuters via Fortune reports that Amazon has stepped up its lending to third-party sellers looking to grow their business. According to Peeyush Nahar, Vice-President of the Amazon Marketplace, the ecommerce giant has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with the $1.5 billion it lent from 2011-2015. Sellers have used the money to expand their inventory or discount items on Amazon. Continue reading…
Amazon has killed off its unlimited data storage deal: James Vincent at The Verge reports that Amazon has killed off its generous unlimited cloud storage deal for Amazon Drive. Previously, customers could store as much data as they liked on Amazon’s servers for just $60 a year. Now, the company offers just two tiers: store up to 100GB for $11.99 a year, or up to 1TB for $60. Continue reading…
Amazon shopper sent ridiculously small chair after messing up order: Mark Molloy at The Telegraph reports that one Amazon customer in Florida received a doll’s house miniature chair instead of the piece of furniture for adults she was expecting. She tweeted, “And this is why you should ALWAYS read the description while shopping on Amazon”, after messing up the order. Continue reading…
Chinese shoppers love to buy overseas with Amazon: Dan Wilson at Tamebay reports that Amazon’s attempts to attract Chinese shoppers to items being sold by merchants in the US, Japan and UK are paying off. Since 2014, Chinese shoppers have bought 17 million items via Amazon China’s overseas shopping service called Haiwaigou. Brands and fashion goods are very popular with Chinese shoppers but it seems like baby and child products are the real sweet spot. Continue reading…
Google Assistant will make money from ecommerce: Jason Del Ray at Recode reports that according to Google’s Senior Vice President of Advertising and Commerce, Google Assistant will make money from ecommerce. Until now, the revenue model of the Google Service, which has been present on their Home and Pixel devices, had been unclear. Continue reading…
It’s nearly the weekend…are you excited?
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