Welcome to this week’s eFocus, RepricerExpress’ look at the top ecommerce stories and latest Amazon news from around the Web this week.
UK Amazon seller raided by the FBI for price fixing: Chris Dawson at Tamebay reports that a British Amazon seller faces possible extradition to the States following FBI led raids on his UK premises last month. The allegation is that the company director “and his co-conspirators fixed the price of certain posters sold online through Amazon”. This is a reminder to UK sellers are not immune to US law. The seller is charged with price fixing, a violation of the Sherman Act, which carries a maximum sentence for individuals of 10 years and a fine of $1 million. Continue reading…
Amazon exec, our drones will deliver in 30 minutes or less: Katie Collins at CNET reports on an interview with Amazon’s vice president of global public policy, Paul Misener, who revealed Amazon drones will deliver packages in 30 minutes or less. Misener stated, “The goals we’ve set for ourselves are: The range has to be over 10 miles. These things will weigh about 55 pounds each, but they’ll be able to deliver parcels that weigh up to 5 pounds.” Continue reading…
Amazon interest in Ocado takeover rumour: Chris Dawson at Tamebay reports that Amazon is reportedly targeting a takeover of Ocado resulting in the company’s share price rocketing. Ocado is an online supermarket delivery company which trades in partnership with John Lewis’ Waitrose. The deal would make a lot of sense for Amazon as it would be substantially cheaper to rebrand Ocado and take over their customers, warehouses and fleet, than set up a rival operation from scratch. Amazon are already making their first forays into the supermarket arena with the recent launch of their Amazon Pantry service. Continue reading…
6 reasons investors will be buying Amazon FBA businesses in 2016: Thomas Smale at Entrepreneur reports that FBA is fast becoming a buzzword in the online business space. You don’t have to search hard to find FBA success stories online. It’s a business model whose time has come, and its popularity will almost certainly continue to rise throughout 2016. Thomas gives six reasons why investors are interested in buying FBA businesses—scalability, availability, simplicity of operations, profitability, access to Amazon Prime users and fulfilment across multiple channels. Continue reading…
Amazon’s clothing selection is now bigger than 250 Walmart supercenters combined: Jason Del Rey at re/code reports that when you think about shopping on Amazon, you probably don’t think about clothing. Amazon is trying to change that. The number of items listed on Amazon in apparel and accessories categories has soared 91 percent over the last year to 30 million items as of the 2015 holiday season, according to analysts at the investment bank R.W. Baird. That’s the equivalent of the total number of items sold in around 250 Walmart supercenters combined and a bigger selection than Amazon’s electronics catalogue. Continue reading…
And finally…
The best 15 TV shows on Amazon Prime Video: Ed Power at The Telegraph provides a list of the top 15 TV shows on Amazon Prime currently. The list includes the Golden Globe winning comedy, Mozart in the Jungle as well as Mr Robot, Transparent, Vikings and Outlander.
Continue reading…
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