Welcome to this week’s eFocus, RepricerExpress’ look at the top ecommerce stories and latest Amazon news from around the Web this week.
Amazon sees profits and sales surge: BBC News reports that Amazon has announced a first quarter profit of $513 (£351), with sales increasing by 28% to $29.1bn. Sales were helped by an increase in Kindle and Fire tablet sales. Amazon Web Services was also an important source of sales growth. Amazon’s share price has risen as a result of the better than expected set of Q1 financial results. Continue reading…
Amazon continues crackdown on alleged fake reviews: Ben Fox Rubin at CNET reports that Amazon took five sites to Washington state court as part on their campaign to crack down on fake reviews on the site. One of the sites, PaidBookReviews.org offers a package of 100 book reviews on Amazon for the low price of $2,200. Amazon has a big interest in making sure its millions of customers trust its 5-star reviews system, especially because these reviews let buyers know how good or bad products are before making purchases online. Continue reading…
Games and films become members-only as Amazon pushes Prime: Alex Hern at The Guardian reports that Amazon’s continues its efforts in trying to increase Prime memberships. Amazon has started to make blockbuster movies and games, including Birdman and Grand Theft Auto V, exclusive to Prime members. Continue reading…
Former Asda director takes helm of Amazon’s UK operations: Sarah Butler at The Guardian reports that Amazon this week has appointed Doug Gurr to run its UK operations. Having spent five years as a development director at Asda, the appointment of Gurr could accelerate Amazon’s plans to sell groceries in the UK. Last year, Amazon began selling frozen goods via Prime Now and has recently expanded its Amazon Pantry service. Continue reading…
eBay outperforms investor expectations in Q1 earnings: Chris Dawson at Tamebay reports eBay have announced their first quarter results which has led to an increase of 4% in their share price. Profits are reported at $550 million, down 6% from last year, partly due to the split with Paypal. eBay has invested heavily in encouraging sellers to add structured data including product identifiers in order to help search visibility on Google. Continue reading…
Have a great 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]
