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5 Interesting Stories from the World of Ecommerce This Week

Welcome to this week’s eFocus, RepricerExpress’ weekly round-up of ecommerce and Amazon news.

Amazon smart glasses to use bones instead of headphones: Sky News reports that Amazon is planning to make a pair of smart glasses that transmit audio to your eardrum via the bones in your face. The Financial Times reports that Amazon has a team currently developing the product, which could hit the shelves as soon as the end of the year. The glasses would reportedly look like a regular pair of reading spectacles but they would allow the wearer to address virtual assistant Alexa and hear her replies via bone-conduction technology. Continue reading…

Amazon is taking on the drug supply chain: Christina Farr at CNBC reports Amazon is ramping up conversations with a group of drug middlemen known as pharmacy benefits managers or PBMs. PBMs are a critical part of the drug supply chain, as they negotiate prices with drug manufacturers on one end, and manage pharmacy benefits for insurers on the other.  The report outlines the “disruptive” potential posed by Amazon across the multibillion dollar pharmacy benefits and pharmacy arena. Continue reading…

The world’s top eBay sellers: Andy Geldman at WebRetailer has pulled together a list of the top 1,000 eBay sellers worldwide. eBay is best known for consumer goods, so it’s not surprising to see phone accessories, clothing, home and garden and jewelry featuring in the top five. It’s more unexpected that 6% of high-volume sellers target the Business & Industrial category, with 57 sellers in the top 1,000 – up from 48 in 2016. 39% of the top 1,000 eBay sellers are serious cross-border traders – they are based in one country and have a Premium (or Featured) eBay Store in another. Continue reading…

You’ll be able to return Amazon orders at select Kohl’s stores next month: Shannon Liao at The Verge reports that Kohl’s announced  this week that it will accept Amazon returns at 82 of its locations in the Los Angeles and Chicago areas, starting next month. According to Business Insider, there will be parking spots near store entrances designated for people coming to return Amazon goods. Once you hand over a return, Kohl’s will then package and transport the item to Amazon’s return centres, free of charge. This is slightly easier than returning through USPS or UPS, as you won’t need to tape up your own cardboard box. Continue reading…

The difference between price and cost in ecommerce: Richard Scholes at BusinessZone reports that unless you enjoy spending more money than you want to, price is key when making online purchasing decisions. However, the cost of buying (or indeed, not buying) an item is a significantly trickier proposal. For customers, there is a big difference between the price you pay for a product and the cost it has. Price is what you pay for the product, cost is what that product ends up taking out of your pocket over the period of time that you own it. This is something small businesses who want to build a trustworthy and reliable brand should be aware of when they are selling online.

Competition

Win a year’s free subscription of FeedbackExpress: FeedbackExpress are running a fantastic competition where you can win a year’s free subscription of FeedbackExpress, Amazon feedback software. We’re currently the number one rated feedback software on WebRetailer. Everyone can enter, including existing FeedbackExpress customers. Continue reading…

It’s nearly the weekend…are you excited?

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