3rd party Amazon sellers continue to sell more as they now account for 55% of all products sold on Amazon.
According to data from Amazon.com you can see a steady growth in the percentage or products sold on Amazon by 3rd party sellers.
Several years ago, Jeff Bezos was quoted as saying that 3rd party sellers were “kicking our butt” but he doesn’t seem to mind as this is reducing the inventory risk that Amazon needs to take on. It also gives Amazon valuable opportunities to capitalize on the advertising front (e.g Amazon PPC).
And it gives Amazon valuable data in what products are selling well so they can focus on the high potential products in the while label line Amazon Basics.
The Amazon FBA train continues to chug along!
Jérôme de Guigné, the Founder and Managing Director of e-Comas. Making eCommerce simple. He is an Amazon expert with 20 years of experience in brand management and distribution, and an inside-out knowledge of how Amazon works.
Book a call with E-Comas to get more help on Amazon EU expansion. www.e-comas.com/calendar
Exciting news. The next 7 Figure Seller Summit will launch August 16th to 20th. More details coming soon.
I really want to make this the best summit so far and we want to make it as valuable to you as possible. That’s why I’d love to get your feedback. If you can fill this short survey, it would really help my team and I create the best event we can to help you with your Amazon and Ecom business! https://forms.gle/HouPfqTY5du7KRsv8
Here are some things you may have missed from last week: