Welcome to this week’s eFocus, RepricerExpress’ weekly round-up of ecommerce and Amazon news.
Amazon’s 2017 Prime Day sale will be 11 July: Fitz Tepper at Tech Crunch reports that Amazon has confirmed the date of this year’s Prime Day. Amazon has said there will be “hundreds of thousands of deals”, with new ones coming as often as every five minutes. There will be 30 hours of sales, starting at 18:00 PT on Monday 10 July and continuing through all of Tuesday 11 July. Amazon have also announced that Prime Day sales will be available in China, India and Mexico, bringing the total amount of countries with deals to 13. Continue reading…
Pros and cons of selling on Amazon Business: Lori McDonald at Practical Ecommerce reports that Amazon Business, the B2B marketplace, has more than 45,000 active sellers and more than 10 million products with bulk purchase options or business discounts. Many B2B merchants aren’t sure whether to sell their products on Amazon Business. In this post, Lori addresses the pros and cons. Continue reading…
Amazon enters top five in global brands 2017 ranking: The Financial Times reports that in this year’s BrandZ ranking of the world’s 100 most valuable stocks, compiled by Kantar Millward Brown, Amazon’s brand value jumped by 41% to $139bn and entered the top five for the first time. Ben Wood, analyst at CCS Insight, says: “It’s really remarkable how the brand has evolved over time. It stands for much more than shopping and has expanded into other directions, like Amazon TV; it’s had unexpected success in the smart speaker market with Amazon Echo and Alexa is getting great momentum as well.” Continue reading…
President Trump attacks Amazon, incorrectly claiming that it owns The Washington Post for tax purposes: Tony Romm at Recode reports that President Donald Trump attacked Amazon on Wednesday, claiming incorrectly that it owns The Washington Post in a scheme to dodge “internet taxes.” In fact, Amazon doesn’t own the newspaper. Amazon CEO Jeff Bezos bought it himself. Continue reading…
Amazon has ambitious advertising plans for its NFL streams: Kevin Tran at Business Insider UK reports that according to Reuters, Amazon is aiming to charge $2.8 million for ad packages during the NFL games it will stream in the coming season. Amazon initially paid $50 million in April to the NFL for the rights to stream ten Thursday night games. Amazon will be able to sell up 30-second ad spots for each streamed game. Continue reading…
It’s nearly the weekend…whoo-hoo!
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