Category Archives for Blog

80/20 of E-Commerce – October 13, 2023

Hi Everyone,

In this week’s edition of 8020 of E-com Newsletter, find out how U.S. online holiday sales are on track to hit over $221 billion, offering you more opportunities in the e-commerce world. We’re also introducing you to the revamped Amazon Vine Reviews Program, now with cost-friendly options, helping you ace your product reviews game.

Amazon is making strides with the relaunch of Seller Fulfilled Prime, making it easier for your business to earn that sought-after Prime badge. Plus, USPS has shared important holiday shipping deadlines for 2023, ensuring your packages reach your customers on time.

In the mix, we’ve got a special spotlight on Ben Leonard’s book launch, packed with insights from an e-commerce pro. Don’t forget to mark your calendar for our upcoming webinar on “Balancing 2 Supply Chain (China + Thailand) in your Amazon FBA Business.”

U.S. Online Holiday Sales Set to Exceed $221B

The holiday season is just around the corner, and it’s time to gear up for the biggest online shopping event of the year. According to Adobe Analytics, online holiday sales between November 1 and December 31 are projected to skyrocket to $221 billion this year, a 4.8% increase from last year. What’s even more fascinating is the rise of “buy now, pay later” services, expected to drive a jaw-dropping $17 billion in online spending—up from $14.5 billion in 2022.

Adobe’s data dives deep into the categories to be discounted the most, with toys taking the lead at 35%, followed by electronics (30%), apparel (25%), and more. Plus, get ready for a significant shift as more than half (51.2%) of online spending will happen on mobile devices, overtaking computer-based shopping for the first time. With mobile devices accounting for more than half of all online spending, it’s important to optimize your website for mobile users.

As an e-commerce seller, you don’t want to miss out on this opportunity to boost your sales. Start preparing your website and marketing campaigns now to take advantage of the holiday shopping frenzy. Offer discounts on popular items such as toys, electronics, and apparel.

TAKEAWAY: Why should you care about this? Well, it’s your golden ticket to understanding the upcoming holiday season’s potential. With the rise of “buy now, pay later” and shifting spending habits, it’s time to adapt your e-commerce strategies for the most wonderful time of the year. Get ready to make the most of this opportunity!

Amazon Vine Reviews Program Introduces Lower-Priced Tiers

Starting October 19, 2023, the Amazon Vine Reviews Program is rolling out a brand-new pricing structure, making it accessible to brands with varying budgets. Amazon Vine is an exclusive club of Amazon’s most insightful reviewers, known as Vine Voices, who get to test products for free and share their experiences with customers. It’s like your secret weapon for obtaining valuable reviews and helping customers make informed choices.

Participating in this program can give your sales a boost of up to 30%, improve your product’s discoverability, drive conversions, and provide priceless product insights. Once you’re in, you can request products from thousands of Amazon brands, shipped right to your door for free. You use these products and provide honest reviews – whether they’re positive, neutral, or negative. Your reviews will appear alongside others on Amazon, and you’ll be recognized with a special “Vine Customer Review of Free Product” badge.

But here’s the real scoop: Amazon is introducing two brand-new, wallet-friendly tiers to make the Vine program accessible to brands with diverse budgets and products.

  • $0 Tier: Enroll up to 2 units per parent ASIN and receive 2 quality Vine reviews for free.
  • $75 Tier: Enroll up to 10 units per parent ASIN and snag 10 Vine reviews.
  • $200 Tier (Existing): Enroll up to 30 units per parent ASIN and secure 30 Vine reviews.

One essential detail to keep in mind: these new pricing tiers apply to products enrolled on or after October 19, and the Vine enrollment fee only kicks in if you enroll in three or more units and receive the first review within 90 days. Regular FBA fees and other charges still apply.

TAKEAWAY: This is your golden opportunity to enhance your Amazon presence, gather insightful reviews, and drive your sales to new heights. Get ready to take full advantage of this program’s potential and grow your business.

Amazon Relaunches Seller Fulfilled Prime

Amazon has officially reopened enrollment for its Seller Fulfilled Prime program, offering third-party sellers the chance to manage their own fulfillment while maintaining Amazon Prime’s delivery standards.

Initially, Amazon had proposed a 2% fee on sales through this program. However, they’ve taken heed of seller feedback and decided to forgo this additional charge, ensuring it doesn’t discourage sellers from participating. Their commitment is to facilitate program access without added financial burdens.

Amidst an FTC lawsuit probing Amazon’s impact on alternative delivery methods, Seller Fulfilled Prime reopens after a brief 2019 pause. To join, you’ll need to pre-qualify by meeting specific criteria like consistently delivering 100 packages on time. The trial lasts 30 days, with strict requirements, including a 93.5% on-time delivery rate and free one-day/two-day Prime shipping.

TAKEAWAY: For e-commerce pros and Amazon sellers, this means a chance to expand, speed up deliveries, and sport the Prime badge on your products. It’s a big step forward for your Amazon journey.

USPS Announces Holiday Shipping Deadlines 2023 and Raise Rates in January 2024

The U.S. Postal Service (USPS) has just unveiled the 2023 holiday shipping and mailing deadlines, ensuring you’re well-prepared to deliver cards, gifts, and packages by December 25th. It’s a great heads-up to keep your customers merry and avoid any hiccups.

Great news, USPS won’t be springing any surprise holiday surcharges this season. This offers you cost predictability during your busiest time of the year. USPS maintains its straightforward, upfront pricing throughout the year, with no extra fees for residential area delivery, Saturday delivery, fuel surcharges, or volume minimums. It remains your most cost-effective partner for holiday shipments.

Here are some quick shipping deadlines for the Lower 48, Alaska, Hawaii, and even international destinations. Plan accordingly:

  • USPS Ground Advantage — Dec. 16
  • First-Class Mail (including greeting cards) — Dec. 16
  • Priority Mail — Dec. 18
  • Priority Mail Express — Dec. 20

A valuable addition this year is USPS Ground Advantage, offering reliable, affordable shipping with a specific delivery window of 2-5 business days based on distance. And don’t forget, you can use the USPS shipping platform Click-N-Ship for labels and schedule free carrier pickups.

But there’s more – the USPS is making changes in January 2024. They’re raising rates, citing inflation, with a 2-cent increase in mailing a First-Class Mail letter. While they acknowledge these adjustments are necessary, they aim to maintain affordability.

TAKEAWAY: These shipping deadlines are your blueprint for holiday success. By staying on top of USPS’s schedule, you can ensure your customers receive their orders on time, all while keeping your shipping costs under control.

Limited Time Offer: Advance Access to E-commerce Mastery

Remember I shared about Ben Leonard’s upcoming book “Quit Stalling And Build Your Brand“? It’s a practical, step-by-step guide to mastering e-commerce based on solid business principles and legit experiences growing his own multi-million-dollar brands and working with dozens of consulting clients.

Well, I have exciting news. You can now get advanced access to some of its key learnings – but only if you act quickly.

Join the waitlist at www.quitstallingbook.com/7fss today, and you’ll receive:

  • A free chapter of the book is available immediately.
  • A powerful Entrepreneurship Mindset Mini Course.
  • The handy E-commerce Hacks eBook.
  • Priority access to the book launch ahead of the general public.

This is a limited-time offer. Don’t wait. Grab this chance to jumpstart your journey to e-commerce success.

👉 JOIN THE WAITLIST NOW! 👈

The Unspoken Truth About Canton Fair

Today I want to share with you a secret.

In my over-a-decade-long journey as a China sourcing expert, there’s a secret I’ve never shared: I’ve never personally attended the Canton Fair. Why, you may wonder?

Here’s why Canton Fair Isn’t on My Radar (And Maybe Shouldn’t Be On Yours):

  1. Broad and Unfocused: Canton Fair’s sheer size can lead to a wasteful use of time. Rather than wandering for weeks, your time is better spent at industry-specific trade shows, where you can efficiently find the products you’re after.
  2. Scarcity: The Canton Fair takes place only twice a year (April and October), which may not align with your immediate sourcing needs.
  3. Hidden Treasures: The most innovative products aren’t displayed openly; they’re concealed behind curtains or within private locations.
  4. Not the First Choice for Top Suppliers: Many premium suppliers opt for industry-specific shows, where they can engage with serious buyers.

Case in point: While I was growing one of my early six-figure private label brands on Amazon, I discovered my top kitchen supplier at a specialized kitchen trade show in Shanghai, not at the Canton Fair. Interestingly, when I inquired, they mentioned they didn’t find it worthwhile to attend the Canton Fair for the same reasons I’ve highlighted.

The Truth About Sourcing:

While the Canton Fair has its place, it’s become more of a trend among Amazon FBA sellers and “gurus” to promote paid sourcing trips rather than offering practical advice.

Supply chain experts agree that the Canton Fair is a relic from the pre-internet era, and there are better solutions available today. A great way to improve your sourcing is by working with a knowledgeable sourcing agent. They have established networks, attend key trade shows throughout the year, and can communicate effectively with suppliers.

If you’re interested in this approach, please sign up through our sourcing request form:

https://www.8020sourcing.com/sourcing-request/

Remember, Canton Fair is an option, but it’s not a necessity.

WEBINAR: “Balancing 2 Supply Chain (China + Thailand) in your Amazon FBA Business” – Thursday, October 19, at 9 pm EST

The sourcing landscape has been rapidly changing in recent years, particularly in the wake of the pandemic. China remains a global manufacturing leader, but new uncertainties have emerged. Amidst these changes, fresh opportunities to source your products have also arisen.

We are thrilled to invite you to our upcoming webinar featuring Mike Michelini, founder and host of Global from Asia and Organizer at Cross Border Summit. Based in Thailand, Mike will provide insights from his real-world experience sourcing in Thailand, while we will also delve into China sourcing best practices for 2024.

This is a unique opportunity to learn from two industry-leading experts with a combined 25 years of on-the-ground experience in China and Thailand, both in sourcing and business. You’ll have the chance to engage in live Q&A, ensuring your specific questions are addressed.

In this webinar, you will gain valuable insights into:

  • Effectively managing and harmonizing supply chains in both China and Thailand, harnessing the power of the “China plus 1” trend.
  • Navigating your existing relationships with Chinese factories and suppliers while considering the prospects beyond China’s borders.
  • Tackling the challenges and adopting best practices for packaging, branding, and mold selection in your business.
  • Approaches to expanding your product portfolio while striking a balance between existing and new offerings.
  • The art of creating and experimenting with a “new brand” within your business, aligning with your budget and timelines.
  • Discerning the critical distinctions between supply chains in China and Thailand, alongside the growing array of logistics options beyond China’s borders.
  • Understanding the importance of risk diversification as a business owner and the benefits it can bring to your overall operations.

Don’t miss this exclusive training session scheduled for next Thursday, October 19th at 9 pm EST.

Secure your spot now by RSVPing here: https://bit.ly/48HRRHU

We look forward to having you join us for this insightful webinar.

PPC Mastery Summit Q4 Edition, October 24-26, 2023

The holiday season presents a massive opportunity for huge sales in a short period of time, and paid advertising is still the best way to profitably drive sales in the fourth quarter… if done right.  

If not done well, your profits can be gobbled up by the extra ad spend around the holidays.

It is important to stay on top of the latest trends with paid ads so that you can profitably drive more sales and stay ahead of your competitors.  And it becomes even more important during the busy holiday season.

That is why I am excited to share with you the upcoming PPC Mastery Summit Q4 Edition put on by Maximizing E-commerce from Tuesday, October 24 – Thursday, October 26, 2023.

They have brought together amazing speakers who are going to share actionable strategies for you to drive more sales this holiday sale (and do it profitably).

It is hard to go out to a restaurant and pay less than they are charging for a ticket.  This is the best value in learning with some of the most respected leaders in the industry.  You won’t want to miss this…

CLICK HERE to grab your ticket to the summit: https://bit.ly/493lsfo 

Are you ready to take your PPC ads to the next level this holiday season (and beyond)?

In case you missed it: 

Until next time, 

Gary

80/20 of E-Commerce – October 6, 2023

Hey Everyone, 

As we gear up for the holiday season and year-end, our upcoming newsletter is packed with valuable insights. From Amazon’s holiday inventory advice to Walmart’s extended return policy, we’ve got you covered. We’ll also explore Amazon’s “Ships in Product Packaging” program and China’s booming e-commerce scene.

Additionally, we’re here to help with your sourcing needs in China, and don’t forget to check out the Los Angeles Amazon Sellers Meetup in mid-December.

Stay tuned for these highlights and more in today’s edition of our 80/20 E-commerce newsletter, October 6, 2023.

Amazon Advises Sellers to Get Their Holiday Inventory into Warehouses

The holiday season is fast approaching, and Amazon is already gearing up. In a recent Retail Brew article, Amazon encourages sellers to send in their inventory early by October 26 to avoid potential disruptions caused by supply chain challenges and labor shortages during the annual influx of holiday goods.

Here’s the deal: Stock up early. By sending in your inventory ahead of time, you’ll ensure your products are readily available when holiday shoppers come knocking. It’s a surefire way to sidestep delays and stockouts, setting you up for a successful season.

As e-commerce sellers, possessing expertise in sales forecasting, supplier collaboration, mobile optimization, inventory tracking, and JIT inventory management is your winning formula for mastering Amazon’s holiday inventory challenges.

TAKEAWAY: Plan ahead and stock up early. Amazon’s holiday inventory planning, combined with effective strategies, is your ticket to e-commerce success this holiday season. 

Amazon Expanding Program in Which Items Ship Without Added Packaging

Amazon is expanding its “Ships in Product Packaging” program, which allows eligible items to be delivered in the original manufacturer’s packaging without additional Amazon packaging. This program can help sellers reduce packaging waste and lower their Fulfillment by Amazon fees. According to a recent article by Retail Dive, the program will be available in 2024 for all third-party sellers using the company’s fulfillment services. 

It’s not just a logistical upgrade; it’s a game-changer that deserves your attention. Amazon’s latest initiatives in product packaging and container programs aren’t just about logistics; they’re about empowering e-commerce sellers like you to boost brand recognition and potentially streamline shipping costs.

Amazon is putting the power in your hands by offering a new level of customization for product packaging. The lack of additional packaging provides several perks for sellers, including cost savings and environmental benefits. By using more compact packaging, sellers can potentially reduce transportation costs and carbon emissions by using less packaging material and taking up less space on trucks, which means fewer trips.

TAKEAWAY: Amazon’s “Ships in Product Packaging” program is a great opportunity for e-commerce sellers to reduce their environmental impact and save money on fulfillment fees. By redesigning their products’ packaging to enable them to ship in their own branded product packaging without any Amazon-added delivery packaging, sellers can streamline their fulfillment process and improve their sustainability practices.

Prepare Your E-commerce Business for CNY 2024!

China’s e-commerce market, generating a staggering $2 trillion in revenue in 2022, is a powerhouse. However, it’s important to brace for a significant disruption caused by the holidays and Chinese New Year (CNY).

CNY is like a mega-holiday, with around 340 million workers traveling to celebrate with their families. This massive migration leads to factory closures, impacting the entire supply chain. After CNY, factories scramble to hire and train new workers, causing delays that can last a month.

As an e-commerce seller, your key to success lies in planning ahead for Q1 (Jan-Mar) and Q2 (Apr-June). Despite the CNY challenge, you can secure a smooth 2024 by preparing early and ensuring your inventory lasts through the holiday season.

Feeling overwhelmed? We’re here to help! If you require assistance with sourcing requests, sign up through our link to kickstart your preparations today.

RSVP Here: https://www.8020sourcing.com/sourcing-request/ 

TAKEAWAY: Don’t let the holidays and CNY catch you off guard. Plan ahead, secure your inventory, and ensure a smooth 2024 for your e-commerce business.

P.S. If you need help with sourcing in China, we can help you out, simply click the link and fill out this RSVP Form

LA Amazon Sellers Meetup in December 

I’m excited to share that I’ll be heading to Los Angeles this December to spend some quality time with my family. While I’m in the area, I’ve been thinking about hosting a year-end Amazon seller networking event during early to mid-December.

Would you like to be a part of it? Your thoughts and preferences matter greatly in shaping this event to make it as beneficial as possible for you. 

Please take a moment to share your input by filling out our RSVP form here: https://bit.ly/46BLOTH

Your insights will play a vital role in creating an unforgettable experience for our Amazon seller community.

We’d love to have you join us! We’re looking forward to hearing your suggestions. Don’t forget to RSVP now to secure your spot.

Looking forward to connecting with you!

In case you missed it: 

All the best, 

Gary

80/20 of E-commerce September 29, 2023

Hey Everyone, 

This week we will dive into the Amazon antitrust lawsuit, where the FTC and 17 states are challenging its dominance, and explore Amazon’s response, assessing its potential impact on sellers. As we gear up for the holiday shopping season, we’ll also touch on Mastercard’s forecast of a 3.7% increase in holiday spending. For shipping and logistics news, UPS is set to hire 100,000 seasonal workers. Additionally, if you need a sourcing agent from China for your business needs, we’ve got you covered. 

Are you Looking for a Sourcing Agent in China?

Are you in search of a trusted sourcing agent in China? Look no further! We have a highly experienced professional ready to assist you. Whether you’re seeking manufacturing partners, quality control, or supply chain solutions, our experts can guide you. 

Click the link to access our sourcing request form and let us connect you with the ideal partner for your needs: https://www.8020sourcing.com/sourcing-request/ 

Your journey to successful sourcing starts here!

Amazon Faces Antitrust Lawsuit from FTC and 17 States

Amazon is facing a major antitrust lawsuit from the Federal Trade Commission (FTC) and 17 states in the US. The lawsuit alleges that Amazon has abused its dominant position in the e-commerce market by imposing unfair and anti-competitive practices on third-party sellers who use its platform.

According to the FTC, Amazon has violated the Sherman Act and the Clayton Act by requiring third-party sellers to agree to a “most favored nation” clause, which prevents them from offering lower prices or better terms on other platforms, including their own websites. This clause effectively locks sellers into Amazon’s ecosystem and limits their ability to compete and innovate.

The lawsuit also claims that Amazon has engaged in self-preferencing by using its access to data and analytics to promote its own products and services over those of third-party sellers. Additionally, the lawsuit accuses Amazon of imposing excessive fees and penalties on sellers, restricting their communication with customers, and suspending or terminating their accounts without due process.

The FTC and the 17 states are seeking various remedies, including injunctive relief to stop Amazon’s unlawful conduct, monetary relief to restore competition and compensate harmed sellers, and structural relief to break up or divest parts of Amazon’s business.

TAKEAWAY: This lawsuit is a significant challenge for Amazon and could have major implications for the e-commerce industry as a whole. If successful, it could force Amazon to change its policies and practices, lower its fees, and open up more opportunities for third-party sellers to compete and grow. As an e-commerce seller, you should keep an eye on this case and be prepared for any potential changes in the market.

Amazon Responds to FTC Antitrust Lawsuit – Would This Help or Hurt Your Business?

Amazon has issued a full response to the Federal Trade Commission’s (FTC) antitrust lawsuit. In Amazon’s full response to the FTC, Amazon strongly defends its position, asserting that the FTC’s claims are baseless, flawed, and lack evidence. Amazon argues that it has helped millions of small and medium-sized businesses grow and succeed by providing them with access to a large and loyal customer base, low-cost fulfillment services, and various tools and programs. Amazon also asserts that it faces intense competition from other online and offline retailers and that it always puts customers first by offering them low prices, fast delivery, and a wide selection of products.

This lawsuit centers around allegations of anti-competitive practices within Amazon’s platform, impacting e-commerce sellers. It’s a complex legal battle with potentially far-reaching consequences, highlighting the ongoing scrutiny of tech giants and their role in the e-commerce landscape.

Amazon is facing pressure from some authorities to break up its business, due to its dominance in the e-commerce industry. The idea of splitting up Amazon is not a simple or straightforward one. It could have both positive and negative impacts on the e-commerce industry. 

Some people think that breaking up Amazon would be good for the e-commerce market, as it would create more competition and innovation, reduce Amazon’s control over third-party sellers, and prevent Amazon from favoring its own products or services. Others think that breaking up Amazon would be bad for the e-commerce market, as it would disrupt the efficiency and convenience of Amazon’s operations and offerings, increase the costs and complexity of doing business on Amazon or other platforms, and create uncertainty and confusion for both consumers and sellers.

TAKEAWAY: While the outcome of the Amazon vs. FTC lawsuit remains uncertain, it’s a stern reminder that the e-commerce environment is evolving, and legal matters can impact your business.  It’s important to stay informed about industry regulations and market dynamics. Keep a watchful eye on developments to make informed decisions for your business. 

Holiday Spending to Increase 3.7%

The holiday season is upon us, and with it comes a prime opportunity to boost your e-commerce sales. According to a recent report by Mastercard SpendingPulse, holiday retail sales in the US are projected to surge by 7.4% compared to last year, reaching an all-time high of $859 billion. It’s a promising outlook for business owners eager to capitalize on the festive season.

According to this report, E-commerce sales are expected to make up a significant 18.5% of total retail sales, up from 14.6% the previous year. This highlights the growing preference for online shopping, underscoring the importance of having a fast, user-friendly, and secure website.

Inflation, especially affecting categories like apparel, jewelry, and electronics, will impact consumer spending. To navigate this challenge, it’s essential to craft a thoughtful pricing strategy and consider offering discounts or incentives that attract and retain customers. 

Additionally, in-store sales are set to rebound by 6.6% as consumers seek social experiences and convenience. To tap into this trend, consider providing omnichannel options such as “buy online, pick up in-store” (BOPIS) or convenient curbside pickup.

TAKEAWAY: As an e-commerce seller, staying informed about holiday spending trends and being agile in your strategy can be the difference-maker for a successful season.

UPS to Hire 100,000 Seasonal Workers for Peak

As the holiday season approaches, UPS has recently announced its plans to hire more than 100,000 seasonal workers to support the peak holiday shipping demand. 

UPS said it is filling full- and part-time seasonal positions, mainly seasonal delivery drivers, CDL holders, and package handlers. The company also said that permanent positions are available in some areas for those who apply early. In fact, nearly 50,000 seasonal employees have earned permanent positions at UPS over the past two years.

The application process for seasonal workers at UPS is fast and easy. Most applicants will have an offer in hand within 25 minutes of completing an online application1. Nearly 80% of seasonal positions do not require an interview.

TAKEAWAY: The parcel delivery industry is expecting a busy and challenging holiday season as e-commerce continues to grow and consumers shop online more than ever. As an e-commerce seller, you should be aware of the potential impact of this peak season on your business, such as shipping delays, higher costs, and increased competition. Consider how you can leverage the opportunities that this peak season offers, such as reaching new customers, offering promotions and discounts, and providing excellent customer service.

In case you missed it: 

Until next week!

– Gary

80/20 of E-commerce September 22, 2023

Hey Everyone, 

We’re officially into autumn now with Q4 right around the corner. This week, China will be entering a week-long holiday with possible supply chain disruption.

Speaking of Q4, it’s the official start of Black Friday and holiday shopping. Amazon Prime Big Deals dates have been announced, and soon, other retail giants like Walmart, Target, and Best Buy will be joining in. Keep an eye on TikTok Shop, which is gearing up to compete with Amazon by offering early bird deals. On a positive note, there’s potential for Amazon to drop its 2% fees with its SFP program.

We will have a recap of Brandon Young’s webinar workshop “We’ve SOLVED Amazon’s Ranking Algorithm: Step-by-step Instructions to Dominate Your Niche”. Last but not the least, we have a bonus entrepreneurial mindset mini-course from Ben Leonard and a free chapter from his book entitled “Quit Stalling and Build Your Brand. You Don’t Need an MBA to Crush It in E-Commerce.”

This is the 80/20 of e-commerce for the week of September 22nd. 

China Sourcing News: Weeklong Holiday Approaching with Possible Factory Shutdowns – Sept 29 – Oct 6

Heads up! A weeklong holiday, known as the National Day or Golden Week, is approaching in China from September 29th to October 6th. This year, the holiday coincides with the Mid-Autumn Festival, making it an even more significant celebration. To partially offset the seven consecutive days of the National Day holiday, October 7th and Sunday, October 8th, have been designated as official workdays, resulting in a 7-day working week.

During this period, factories, warehouses, and freight partners in China may be closed for up to eight (8) days, from September 29th to October 6th. Factories might be closed for a portion of the week or even the entire week. Logistics providers, such as freight forwarders, trucking companies, and ports, may also be affected.

TAKEAWAY: To ensure a smooth operation during this time, it’s advisable for businesses to proactively plan their work arrangements for this extended break. This is especially important if your clients follow a different holiday schedule. Mark these dates on your calendar and get ahead of the game by preparing for your inventory and delivery requirements in advance.

Amazon Prime Big Deal Days Announced – Oct 10-11

Amazon’s Prime Big Deal Days are back, and they’re bigger than ever! Starting October 10th and lasting 48 hours, this exclusive event for Prime members offers a head start on holiday shopping, nearly six weeks ahead of Black Friday. Amazon is known for its impressive discounts on fashion, home, and toys, and this year is no different. Top brands like Sony, Dyson, SharkNinja, LG, and Barbie are on the list.

Last July’s Prime Day was a massive success, with the Fire TV Stick, Laneige Lip Glowy Balm, Apple AirPods, and a Bissell portable deep cleaner flying off the virtual shelves. Prime members from 19 countries, including the U.S., U.K., Canada, and Germany, can join in on the shopping frenzy. Amazon is even rolling out influencer-curated shopping lists and offering in-store discounts at Amazon-style store locations in California and Ohio.

Source: Amazon

Prime Big Deal Days will take place in 19 countries around the world according to a recent Amazon press release.  They will “kick off on October 10 in Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Singapore, Spain, Sweden, the U.S., and the UK. Prime members in Japan can shop the Prime Big Deal Days event October 14-15.”

TAKEAWAY: The October Prime Sale is a great opportunity for entrepreneurs and Amazon sellers to increase their sales and attract new customers. Make sure you’re prepared by stocking up on inventory and promoting your products ahead of time.

Walmart, Target, Best Buy follow Amazon with Early Start to Holiday Sales

Retail giants like Walmart, Target, and Amazon are gearing up for an early October holiday sales showdown. It’s not just about Black Friday anymore; these industry heavyweights are rewriting the shopping calendar.

With Amazon’s Prime Big Deal Days scheduled for October 10th, Walmart leads the charge with “Walmart Deals – Holiday Kickoff” from October 9th to 12th, presenting online discounts spanning electronics, home goods, fashion, and toys. Meanwhile, Target introduces “Target Circle Week” from October 1st to 7th, delivering substantial discounts, and Best Buy surprises with a 48-hour flash sale commencing on October 10th, featuring irresistible deals on tech gadgets.

What’s even more appealing is that third-party sellers can also participate, making this an inclusive opportunity for e-commerce entrepreneurs. Mark your calendars and prepare to capitalize on these early holiday sales events.

TAKEAWAY: These early October holiday sales by retail giants open up exciting prospects for e-commerce sellers. It’s your chance to reach a massive audience and boost your sales ahead of the holiday rush. Don’t miss out on this unique opportunity!

Amazon May Drop 2% Fees for Using New ‘Seller Fulfilled Prime’ Program

According to a recent report by Bloomberg, Amazon is considering waiving the 2% fees for sellers who use the new Seller Fulfilled Prime program. This program allows sellers to fulfill Prime orders from their own warehouses, rather than relying on Amazon’s fulfillment centers. By eliminating fees, Amazon aims to encourage more sellers to participate in the program and increase the selection of Prime-eligible products. To be part of this, you’ll need to meet Amazon’s strict criteria, including offering premium shipping, on-time deliveries, and nationwide coverage.

The Seller Fulfilled Prime program offers several benefits to sellers, including greater control over inventory and shipping, as well as the ability to provide a more personalized customer experience. With this program, sellers can maintain their own brand identity and packaging, which can help differentiate their products from competitors. Additionally, sellers can leverage their existing logistics infrastructure and potentially reduce costs associated with using Amazon’s fulfillment services.

The best part, SFP participants get a Prime badge on their listings, which can attract more shoppers and boost your sales.

TAKEAWAY: Stay tuned, because if these fees disappear and that Prime badge shines on your products, it could be a game-changer for your Amazon business.

TikTok Shop to Rival Amazon with Early Black Friday Deals

TikTok Shop is set to compete with Amazon this holiday season by offering early Black Friday deals as early as October 27th. The social media marketplace, which debuted in the US earlier this September, consists of shoppable videos with direct links to the products being offered. Not only that, but TikTok creators are able to sell from their small businesses, so consumers have plenty of options to choose from.

The TikTok Shop’s early Black Friday deals will offer discounts of up to 50% off, and the platform aims to move at least $20 billion in products this holiday season.

TAKEAWAY: This development is significant because it signals a shift in the e-commerce landscape. Social media platforms like TikTok are becoming major players in online shopping. For entrepreneurs and Amazon sellers, this could open new doors for marketing and connecting with potential customers.

WEBINAR REPLAY: “We’ve SOLVED Amazon’s Ranking Algorithm: Step-by-step Instructions to Dominate your Niche” feat. Brandon Young

Missed our live webinar “We’ve SOLVED Amazon’s Ranking Algorithm: Step-by-step Instructions to Dominate your Niche” with Amazon expert Brandon Young? No worries! You can now watch the full replay and unlock the secrets to dominating your niche on Amazon.

In this webinar you will:

🚀 Uncover the enigmatic secrets of Amazon’s ranking algorithm

🛠️ Step-by-step instructions to elevate your organic ranking and dominate your niche

🔍 Delve deep into the algorithm’s intricacies

💡 Strategies to effectively influence your rankings

🏆 Learn the art of maintaining dominance once you’ve reached the top spot

📺 WATCH THE REPLAY NOW!

CHAPTERS:

00:00 –  Introduction

02:50 –  Why this webinar is important and who is it for

06:00 – Amazon is a ranking algorithm. “Algorithm = Performance x Relevancy” 

09:00 – Amazon Ranking Algorithm = Weighted Averages Over Time

15:00 – On-the-spot live walkthrough analysis using Data Dive

18:00 – How to know the market?

28:30 – Master Keyword List, Outlier Keywords, and Deep Dive Case Study

48:50 – Using AI for copywriting listings

55:05 – If a seller uses an AI copywriter, will it do it 100% or does the seller need to polish it?

55:40 – Special Offer from Data Dive

58:05 – Products sold by big vendors

59:40 – Can Data Dive be used for people doing wholesale or reselling?

1:00:30 – Would PPC targeting these keywords be better or do both add it in bullet points and use PPC?

1:04:40 – Should I use keywords for various uses of my versatile product in the title and listing during the launch, or will this confuse the algorithm about where to display my product?

1:09:04 – Should I use the maximum character limit for my Amazon product title, or is it better to keep it concise for better overall ranking?

🔐 Click the link below and SAVE $50 A MONTH FOR LIFE when you sign up for Data Dive by entering our discount code 7FSS at the final checkout!

►► SPECIAL OFFER FROM DATA DIVE ◄◄

Unlock the Secrets of E-commerce Success Today! – “Quit Stalling and Build Your Brand. You Don’t Need an MBA to Crush it in E-Commerce”

Have you ever wondered how some people seem to effortlessly build successful ecommerce brands, while others are left struggling? Well, wonder no more.

Ben Leonard, the anti-guru behind the multi-million-dollar brand, Beast Gear, is sharing the secrets to his e-commerce success. Ben grew an international 7-figure business and successfully exited after 3 years; the business holy grail. 

I’m super excited to learn that he wrote his book sharing what he learned along the way so you can do it too. As you know, Ben is an alumni speaker at the 7 Figure Seller Summit and Co-Founder of  EcomBrokers. Ben has generously offered a free chapter from his book as well as a mini-course on the entrepreneurial mindset and additional exclusive bonuses for the 7-Figure Seller Summit community. You can grab these freebies by joining his wait list. 

Ben Leonard’s new book, “Quit Stalling And Build Your Brand. You Don’t Need an MBA to Crush it in E-commerce” is your roadmap to e-commerce success. Whether you are just starting, or you’re going pretty well but need some extra oomph…

Better yet, when you join the waitlist for the launch, you’ll get several exclusive bonuses – for FREE. Just visit www.quitstallingbook.com/7fss and secure your spot. 

Here’s what you’ll get:

  • A free chapter of the book – Get a sneak peek at Ben’s unique insights before anyone else.
  • An Entrepreneurship Mindset Mini Course – Start thinking like an entrepreneur today.
  • Ecommerce Hacks eBook – Discover clever tips to take your e-commerce brand to the next level.
  • Exclusive access to the book launch – Be among the first to get your hands on the complete guide.

Don’t miss this golden opportunity. JOIN THE WAIT LIST and unlock your potential today.

In case you missed it:

80/20 of E-commerce: September 15, 2023

Hi Everyone,

We’ll dive into the buzz around Amazon Accelerate, highlighting the latest updates on Amazon’s New Supply Chain and Amazon’s FBA Removal Policy. Also, TikTok Shop has just recently launched in the US and partnered with Flowspace for its fulfillment. 

If you’ve missed Chris McCabe’s live webinar on “Top 3 Competitor Attacks to Watch Out for in Q4” now is your chance to watch the replay. Plus, don’t miss our upcoming webinar next week, “We’ve SOLVED Amazon’s Ranking Algorithm,” featuring 8-figure seller and industry expert Brandon Young. Mark your calendars for Thursday, Sept 21, at 9 pm EST.

And for our friends in Thailand, check out the Cross Border Summit—you won’t want to miss it!

Amazon Accelerate 

Jeff Cohen, Chief Evangelist at Amazon, just dropped a treasure trove of insights from the #AmazonAccelerate event, and it’s got the seller community buzzing. The event kicked off with a powerful stat – over 60% of Amazon’s sales now come from third-party sellers, showcasing a significant shift in the e-commerce landscape over the last decade.

The event revolved around five core themes: empowering success, fostering an inclusive community, creating a platform for brand success, supporting sellers at every stage of their journey, and making a positive impact in local communities. But what really stole the show were the exciting tools and innovations unveiled.

The two biggest announcements were around Amazon Logistics and Gen AI. Both of these, as well as everything else discussed, are focused on lowering costs and improving the seller experience. 

These updates demonstrate Amazon’s drive to support these sellers and improve the customer experience. The new shipping announcement provides an end-to-end solution for shipping while Gen AI provides a much-needed service to improve listings.

For more details, check out Jeff Cohen’s LinkedIn post.

TAKEAWAY: Amazon Accelerate is set to reshape e-commerce. Dive in and explore these opportunities—it’s a game-changer for sellers!

Amazon’s New Supply Chain Service: A Game Changer for Sellers

Amazon’s latest offering, “Supply Chain by Amazon” (SCA), has just hit the market, and it’s poised to revolutionize the way entrepreneurs and e-commerce sellers handle their supply chain operations. This game-changing service is designed to streamline your inventory management, ensuring your products stay in stock, and get shipped faster, and at a lower cost than ever before.

SCA offers the full gamut of services including:

  • Collecting inventory worldwide
  • Handling customs clearance, and efficient ground transportation to bulk inventory storage, seamless replenishment across various sales channels, and direct-to-customer deliveries.

For entrepreneurs and Amazon sellers, SCA claims to streamline the whole process – With SCA, you can maintain the right inventory levels across diverse sales channels, whether you’re selling online or through physical stores. 

Plus, you get access to Amazon’s massive investment in distribution networks and cutting-edge technology, paving the way for scalable growth and a stronger bottom line.

TAKEAWAY: Amazon’s Supply Chain is a new player in the supply chain game.  It remains to be seen how effective it will be but if AGL is any indication, Amazon has the economies of scale to keep costs down and potentially pass the savings onto sellers.  It’s worth a test if you want to try to optimize your supply chain (who doesn’t?!). 

Amazon’s FBA Removals Policy Update

Amazon has recently announced an update to its FBA Removals Policy, which will take effect on November 1, 2023. The change will affect sellers who set their preferred removal option for unfillable inventory to “Dispose.” 

Amazon will schedule the removal order at its discretion based on capacity. Sellers who haven’t selected a removal option before November 1, 2023, will have their selection default to Immediate Disposal. To maintain a weekly or biweekly removal schedule, sellers must go to Automated unfulfillable settings, select the return option, and input a valid return address. They’ll then have the ability to place manual removal orders on their inventory at any time prior to their selected automated removal schedule.

Now, why should you care? As ecom sellers, this policy shift directly affects your inventory management and storage expenses. Who wants to rack up unnecessary fees, right? By staying up-to-date with Amazon’s FBA Removals Policy, you’ll sidestep those unexpected charges and keep your inventory running like clockwork.

TAKEAWAY: Stay informed about Amazon’s policies and make necessary adjustments to your inventory management strategy to avoid unnecessary fees and ensure efficient management of their inventory.

TikTok Shop Launches in the US: A New Era of Social Commerce?

TikTok, the popular social media app, has officially launched its e-commerce platform, TikTok Shop, in the US. The platform will allow sellers to conduct in-feed video and live shopping on the app. With over 150 million users in the US alone, TikTok Shop is poised to become a major player in the social commerce space.

TikTok Shop offers a seamless shopping experience by combining the power of community, creativity, and commerce. Creators can tag products in their videos to make it easier for users to buy things from in-feed videos and live videos. Brands can also make their own product portfolios, which can be accessible from their profile pages.

In addition to this exciting news, Flowspace has partnered with TikTok to provide fulfillment services for TikTok Shop sellers in the U.S. Flowspace is a software platform and distribution network that powers independent fulfillment. It is directly integrated with TikTok Shop, enabling merchants to manage inventory and ensure consistently efficient, reliable product fulfillment. Merchants partnering with Flowspace and TikTok Shop can take advantage of direct integration, a nationwide network, established SLAs, omnichannel fulfillment, and key account resources.

TAKEAWAY: TikTok Shop is a new and exciting way for e-commerce sellers to connect with highly engaged customers based on their interests. With its user-friendly interface and vast user base, TikTok Shop is a platform that e-commerce sellers should definitely consider using. With Flowspace’s partnership with TikTok Shop, merchants can now take advantage of efficient and reliable product fulfillment.

WEBINAR REPLAY: “Top 3 Competitor Attacks to Watch Out for in Q4”

In case you missed our recent live webinar, “Top 3 Competitor Attacks to Watch Out for in Q4,” featuring Chris McCabe, here’s the replay

📺 Watch the Replay Now: https://youtu.be/E2Jx5CzUhH8

In this webinar you will learn:

🛡️ Defend Your Brand: Discover the three powerful attacks competitors use during the critical Q4 season and how to defend your brand like a pro.

🚀 Proven Strategies: Acquire actionable strategies to prepare for and counteract these attacks in real time.

📢 Effective Reporting: Learn how to report abuse incidents as they occur, ensuring your brand’s integrity remains intact.

🔍 Deep Dive into Abuse Types: Gain a comprehensive understanding of the four different types of abuse.

CHAPTERS:

00:00 –  Introduction

02:45 –  Why this webinar is important and who is it for

05:55 –  Top 4 Competitor Attacks to Watch Out for in Q4

14:19 –  Other types of abuse

17:20 –  How to defend yourself right away from these types of abuse

18:38 –  PDP Abuse

21:35 –  Reports of IP Claim Abuse

25:27 –  Don’t give Amazon a reason to ignore you

28:34 –  Things to keep in mind regarding Abuse Report 

32:55 –  Hiring the wrong people can cost you more than just their fee

37:25 –  Escalating your Abuse Report

42:05 –  Seller Velocity Conference in NY this October 11 – 12 

48:06 –  What’s the best way to connect with Chris McCabe?

49:00 – Is there any way to protect others to modify or create unauthorized listings for my brand?

51:35 –  How to get Brand Gating in Amazon?

53:00 –  How can you show Amazon a competitor’s attack on your account when there’s no clear proof or evidence and fix the suppression without outside help?

55:00 –  Can I attack back?

56:20 –  How can we compete with brands that use blackhat tactics on Amazon when we follow the rules and Amazon doesn’t take action against them?

58:15 –  Wrap up and big takeaways

Chris McCabe, Founder of EcommerceChris, is a former Amazon Seller Performance Investigator and insider within Amazon’s Seller Performance and Executive Seller Relations teams, he knows the platform inside and out.

Want to learn more? 

🎟️ Register for Seller Velocity Conference held in New York City this October. and use code “AMZNYC” to get 30% off the tickets 🎟️

LIVE TRAINING: “We’ve SOLVED Amazon’s Ranking Algorithm: Step-by-step Instructions to Dominate your Niche” feat. Brandon Young on 9/21 at 9 pm EST

We are excited to invite you to our upcoming live training, “We’ve SOLVED Amazon’s Ranking Algorithm: Step-by-step Instructions to Dominate your Niche,” on Thursday, September 21 at 9pm EST.

Our speaker, Brandon Young, CEO of Seller Systems, is a winning Amazon seller and consultant, considered by many to be one of the leading experts in Amazon Private Label and Amazon SEO. His own brands sold more than $25 million just on Amazon in 2022 and are on target to achieve $30 million in 2023, making him one of the only coaches who is actually practicing what he teaches.

In this 60 min training you will:

  • Discover the secrets of Amazon’s ranking algorithm and receive step-by-step instructions on how to increase your organic rank to dominate your niche. 
  • Dive in and dissect the algorithm into a set of actionable components, empowering you to effectively influence your rankings.
  • Learn how to maintain dominance once the top spot has been achieved.

We believe this webinar will be of great value to you and your business. 

To register, please click on this link: https://bit.ly/3Esehz9 

👉 RSVP NOW 👈

A Journey of Learning, Growth, and Connections at the Cross Border Summit 2023 – Nov 16 – 17, 2023 (Chiangmai, Thailand)

This November, the Cross Border Summit presents the E-commerce Back to School Promo, offering you the opportunity to GROW, LEARN, and CONNECT with fellow e-commerce enthusiasts.

Why the ‘Back to School’ theme?  Because in the dynamic world of e-commerce, staying competitive requires a commitment to continuous learning.

Prepare yourself for an AMAZING 2024 and beyond with fresh insights, cutting-edge strategies, and a GLOBAL network of industry leaders.

Join us and think of it as YOUR ‘Back to School’ for e-commerce – where knowledge is your greatest asset!

Register NOW and embrace this ‘back to school’ experience for e-commerce success!

Date and Time: November 16 – 17, 2023 at 8 am 

Location: Changmai Thailand

Learn more here: https://2023.crossbordersummit.com/ 

Shanghai Amazon Sellers Meetup – September 21st, at 6 pm

Last month, we held the Shanghai Amazon Seller Meetup after a four-year hiatus, and it was a resounding success! We had a fantastic turnout at Abbey Road, with both seasoned 7-figure sellers sharing their social media strategies and newcomers eager to kickstart their Amazon journey.

The good news? Part 2 is just around the corner, and we want you to be a part of it!

Here are the important details that you need to know: 

🛍️Event: Shanghai Amazon Sellers Meet Up 

🗓️ Date: September 21, 2023 (Thursday)

Time: 6:00 PM – 7:30 PM China

🏠 Location: Abbey Road

📍 Address: 3 Taojiang Lu, near Hengshan Lu, Lu Xuhui District

🌐 Google Maps:  Find Us Here

Don’t miss out! RSVP by clicking this link or scanning the QR code below: https://bit.ly/3Za4OWQ

Join us for a relaxed evening to make new connections, learn from fellow sellers, and chat about Amazon. See you there! 🚀🤝

RSVP NOW – See you there!


Finally, I met up with my friend Bradley Sutton, Chief Evangelist at Helium10, in Tokyo this week.  We had an amazing Tonkatsu lunch and caught up on some news happening in the ecom sphere.  

Meanwhile a quick shoutout to Helium10, one of the leading product research tools for Amazon sellers. If you haven’t checked them out we have a special offer for the 80/20 of Ecom newsletter readers.

Use the code 8020SOURCING6M20 to get 20% OFF for 6 Months with Helium10 or get 10% OFF Every Month by entering the 8020SOURCING10 at checkout. 

In case you missed it: 

Until next week! 

Gary

80/20 of E-commerce: September 8, 2023

Hi Everyone,

In this edition of 80/20 of the E-commerce Newsletter, we’re transitioning into the fall and getting back into the swing of things as Q4 is right around the corner. This week we have a number of events lined up in September from Amazon, eBay, Walmart, and Alibaba. 

We will also dive into Amazon’s fighting against counterfeit claims, Etsy’s share and save program, and upcoming live webinar featuring Chris McCabe on “Top 3 Competitor Attacks to Watch Out for in Q4” next Thursday, September 14 at 9 pm EST to help you protect your brand against competitor’s attacks.

Stay tuned for more e-commerce insights and updates!

Amazon, eBay, Walmart, Alibaba Host Seller Events This Month

Amazon, eBay, Walmart, and Alibaba are holding virtual and in-person events this month, giving sellers a full slate of options from which to choose. 

Amazon will host sellers at its annual in-person Amazon Accelerate conference in Seattle, Washington on September 13 – 14, while eBay will hold its annual eBay Open seller conference virtually September 27 – 29. 

Walmart held its inaugural in-person Let’s Grow! Marketplace Seller Summit last August 30, in Las Vegas, but sellers will also have an opportunity to attend the company’s first-ever Merry Marketplace free virtual event on September 27 to “learn about top trends, category insights, actionable tips for new & existing sellers and so much more.” 

Alibaba.com is kicking off its inaugural in-person event Alibaba.com Co-Create, taking place September 7-8 in Las Vegas. Alibaba.com Co-Create will include programming, panels, networking, and topics including sourcing, logistics and supply chain tips. It’s expecting 800 merchants to attend in person.

TAKEAWAY: Stay up-to-date with the latest trends and insights in the e-commerce industry and continuously look for actionable tips to improve your business strategy by attending these events.

Amazon’s Counterfeit Crimes Unit Files Lawsuits Against Bad Actors Attempting to Use Social Media to Knowingly Sell Counterfeit Luxury Items

If you are an ecom seller or entrepreneur, you may have come across some social media posts that offer counterfeit luxury items such as jewelry, handbags, and accessories. These posts use a “hidden links” scheme, where they direct you to generic product listings on Amazon that actually deliver fake goods. These bad actors try to evade Amazon’s brand protection systems and lure customers with low prices and limited-time offers.

Amazon is not taking this lightly. The company’s Counterfeit Crimes Unit (CCU) has filed two new lawsuits against Kamryn Russell, Ashley Hawat, and their co-conspirators who knowingly engaged in this scam. The CCU works with brands and law enforcement to eliminate the sale of counterfeits not only in Amazon’s stores but across the supply chain. In 2022, the CCU sued or referred for investigation over 1,300 criminals in the U.S., UK, EU, and China.

Amazon supports legitimate content creators who help their followers discover new products and experiences. The company will continue to pursue the small number of bad actors who would attempt to illicitly gain influence and profit by promoting counterfeit products.

TAKEAWAY: Stay vigilant against the hidden links scam and steer clear of engaging in transactions involving counterfeit goods. Counterfeiting not only damages the reputations of the brands you love but also harms the trust and quality of the ecom industry.

Etsy Rewards Sellers for Driving Traffic to Their Listings

Etsy’s got something new called Share & Save. It’s a program where Etsy gives you special links to share on social media, blogs, and more. When people click these links and buy something from your Etsy shop within 30 days, Etsy cuts 4% off your fees.

In simple terms, Share & Save helps you save money. For instance, if your usual fee is 10% on a $100 order, you save $4. It’s optional, open to all sellers, and the links don’t expire. Remember, it doesn’t work for traffic from Etsy messages or listing descriptions.

In a nutshell, Share & Save is a way to increase sales and visibility while lowering your costs. If you’re an Etsy seller, it’s worth a try.

TAKEAWAY: If you are an Amazon seller or an ecommerce entrepreneur, watch this program and see how it affects the market and your competitors.

🗓️ Join us on October 11 & 12 in NYC for 🚀 Seller Velocity Conference 2023!

Join industry experts and 7-8 figure brand owners, for 2 days that will change your business, at the Seller Velocity Conference, NYC, October 11 and 12.

​We all need mentors and advisors to get to where we want to be in business. The Seller Velocity Conference puts you in the room with real experts. Experts on Amazon, experts in business, and experts in e-commerce and digital marketing. Industry veterans who can show you how you can optimize performance to drive your brand’s growth.


See their best line-up of speakers: 

  • Janelle Page 
  • Brandon Young (Seller Systems)
  • Bradley Sutton (Helium10) 
  • Leah McHugh (ecommerceChris) 
  • Joe Kovacs (Brand Guarde) 
  • Matt McGrory (Pacvue), and 
  • Emma Schermer Tamir (Marketing by Emma)

Limited tickets available – visit sellervelocityconference.com or click the link to REGISTER NOW

“What I loved most about attending the Seller Velocity Conference was the feeling of collaboration. Instead of feeling like a traditional conference where you had speakers and then you had attendees, it felt more like an ability to learn from your peers.”

🌟“Top 3 Competitor Attacks to Watch Out for in Q4 – Live Webinar 9/14/23 9 pm EST. 🌟

As a special bonus, we’ve arranged an exclusive webinar with Chris McCabe, the founder and man behind the success of eCommerceChris which is the industry leader in ASIN and account reinstatements. Join us on Thursday, September 14th at 9 pm EST for an insightful discussion. ” 

Chris’s expertise is unparalleled, and this live webinar is your chance to gain valuable insights that can immediately impact your business.

In this webinar you will learn:

  • The three attacks competitors use to knock each other off during Q4
  • How to prepare and defend your brand against these attacks in real-time
  • How to effectively report abuse as it happens to safeguard your brand’s integrity
  • Discover the four different types of abuse that can threaten your brand’s success

Join us in this informative webinar to safeguard your brand’s success in the competitive landscape of Q4 and beyond.

Secure Your Webinar Seat Here: https://bit.ly/3sD2BH3

Limited spots only, so don’t forget to REGISTER & RSVP HERE 

In case you missed it:

See you next week! 

Gary 

FB AI for Amazon Seller 28 Days Challenge

Learn the little known “AI FLOWS” that Amazon Sellers and Ecommerce Sellers” are using right now to grow sales, save time, and maximize profits

Join the FIRST EVER ‘AI for Amazon Sellers 28 Day Challenge’ today…

  • Grow and scale your ecom business using ChatGPT, Bing AI, Midjourney, and more of the latest AI technologies
  • Save upto 15 hours a week and get more done (with less effort) leveraging AI FLOWS
  • Increase your profits use little known AI powered strategies to use to reduce your COGS, cut your costs, and boost your bottom line.
  • More than just prompts – you will learn How to Actually Talk to an AI to get the results you want
  • Daily Reminders – to keep you accountable during the challenge
  • 3 Free Bonuses ($149 value)
    • ’10 Commandments of AI’
    • ‘7 Deadly Sins of AI’
    • ‘Ultimate Guide to Negotiating with your Supplier’

Brought to you by 7 Figure Seller Summit

What is the AI for Amazon Sellers Challenge? 

A 28 Day sprint to learn how to use AI FLOWS effectively in your Amazon and Ecom business to:

1) Grow their businesses

2) Save time 

3) Increase their profits 

Here’s how it works

  • Each day you will receive an email with a single AI strategy designed to grow your business.
  • You will learn how to use “AI FLOWS” to maximize the results that AI will spit out… and avoid Hallucinations and crap copy that is irrelevant to your business 
  • In the daily email you will receive a specific assignment to implement this into your business using AI   

Tools you will need:

  • A computer and internet connection
  • ChatGPT and or Bing AI

You should be running an Amazon or Ecommerce business with the basic know-how of how to do keyword research and Amazon SEO. 

By the end of the end of the challenge you will…

  • Understand how AI can be used to optimize Amazon listings and drive more traffic to their products. 
  • Smoothly use AI to Save time so you can focus on the things that move the needle in your business 
  • Increase your product listing conversion rates with the AI optimized copy
  • Overcome Analysis Paralysis to get more stuff done. 
  • Cut your product costs via negotiations with your supplier 
  • Optimize your packaging and cut your shipping costs 
  • Effortlessly use AI tools to Create a marketing emails, social media, and blog posts 
  • And much more 
  • Techniques to improve product ranking, including keyword optimization, image optimization, and product description optimization.

AI and Chat-GPT is a once in a generation SHIFT – will you PIVOT to ride the AI wave or will you be left behind? 

Every generation, a groundbreaking innovation comes along that completely changes the game, like the invention of the web browser, the computer, or even fire.

During the ’90s, massive companies such as Yahoo, Myspace, and Nokia failed to adapt to the digital revolution and slowly faded into obscurity, while others like Google, Facebook, Apple, and Amazon became industry giants.

Wharton Business School Professor Ethan Mollick describes our current situation perfectly: 

“At this point, it’s the most uncertain time… we’ve ever lived through in terms of technology (with the rise of AI).”

In just a few short years, we’ve witnessed not one but TWO monumental opportunities in ecommerce:

1) 2020-2021: Covid accelerated ecommerce growth by 30% yearly and many brands skyrocketed on this opportunity to new levels.

2) NOW  – Rapid growth opportunities using generative AI tools like ChatGPT.

Many sellers have started harnessing the power of AI in their ecommerce businesses and are already reaping the benefits. 

Here are some examples

SALES: 7 Figure Seller and serial entrepreneur Chad Rubin increased the conversion rate on one of his Amazon SKUs by 20% using ChatGPT to generate catchy headlines for an infographic promoting his vacuum cleaner hose.  The result?  

“Dirt Destroying Air Flow” was the winning headline generated by AI which boosted conversion rate from 26% to 46% over eight weeks.

COPYWRITING: Creating Amazon listings in seconds – “It does it with the tone you suggest, and it does it in seconds,” Hamza Amor said. “That’s the part that was mind-blowing.”  

If you’ve been putting off optimizing your listings, AI can help you optimize them with the right keyword to boost your ranking up to the top of the Amazon sales page.  

Not only that it can help you create blog posts, email sequences, customer service replies, warn hijackers off your listings, help you deal with Seller Central support cases, and even help generate social media posts in seconds.  

It’s literally like you are working together with a powerful robot assistant to amplify your results.

Now assisted by AI, one person can do the work of many… 

“Human-Machine Hybrid” work is now a real possibility

Besides AI getting smarter, we are seeing massive increases in quality and speed.  

According to a recent study AI has surpassed human intelligence in the following test scores

  • Language Understanding
  • Reading Comprehension
  • Speech Recognition
  • Handwriting recognition

What does this mean? 

According to a Harvard Business Review article:

“The businesses that understand the significance of this change — and act on it first — will be at a considerable advantage.” – Harvard Business Review

THIS IS A HUGE OPPORTUNITY for sellers to take a GIANT STEP ahead in their ecommerce business. 

But at the same time there is a…Hidden Secret…

Why ChatGPT & AI Might Not Be Working for You

Did you know when I first tried ChatGPT, I wasn’t impressed.

I thought it was all about having the right prompts.

So, I bought an “Ultimate Prompt List” and gave it a shot.

But the listing copy was just… meh.

B- level, at best.

It wasn’t finding the right keywords for me…

I thought – is that all there is to ChatGPT?  All hype?

Then I did some research.

Turns out, 99% of people use ChatGPT the wrong way.

Most believe using the right prompt gets the right answer.

Not true.

There are many cons to ChatGPT

AI is prone to hallucinations.

You can’t take it AS IS.  You have to fact-check everything.

ChatGPT’s knowledge? Stuck in 2021.  

It’s clueless about current trends and what’s happening right now.  

If you have a product listing that is NEW and created after 2021, ChatGPT will know nothing about it. 

And there’s a big risk that many people are now aware of.

Sharing confidential info with AI is a no-go.

OpenAI uses your data for training.

Your “secret sauce” could be exposed.

Amazon? They forbid employees from using ChatGPT.

JP Morgan Chase? Same deal (though some might sneak it on their phones).

So I dove deep. 100+ hours of research, experimentation, and conversations with tech-savvy friends like the ones at Google.

And I finally cracked the code.

I learned how to use AI to:

  • Grow and Scale my Ecom business
  • Save time from mundane work
  • Increase profits in my business

AI helped me de-bottleneck my business and move forward.

Don’t be fooled – It’s not about Prompts – it’s about FLOWS

The key to unlocking the full potential of AI and ChatGPT isn’t just about prompts. That’s barely scratching the surface. 

The real magic comes from creating the right AI FLOWS.

It’s all about guiding the AI through back-and-forth conversations to get the results you want. 

And I’ve developed this 28-Day Challenge to help you master just that.

Here’s a “Sneak Peek” of what you’ll do in the AI for Amazon Sellers 28 Day Challenge

  • Use AI to QUICKLY Optimize your listings and create new ones while boosting conversion rates up to 20%

  • Weave the right Keywords throughout your listings to boost your Amazon SEO and Rank

  • Product Images – leverage AI to generate an endless supply of amazing product and lifestyle images

  • Product Development – Discover new product opportunities for bundles, new SKUs, and cross-selling to  increase your Lifetime Value of your customers

  • Competitor Analysis – Pinpoint the biggest weaknesses of your competitors and gaps in the market so you attack and dominate

  • Product Insert Card Offers – to get more reviews (TOS compliant), build an audience, and sell more

  • Quickly Brainstorm Dozens of Brand names that are memorable and standout

  • Identify your Customer Avatar so you know exactly what products you should develop that they will buy and how to market to them

  • Write blog posts to create content related to your product to increase your organic SEO

  • Quickly repurpose them to create social media content on Instagram, Facebook, Tiktok, Twitter, and more

  • Create Youtube scripts for product videos

  • Find top influencers in your niche that are willing to promote your product in seconds

  • Create outreach emails or messages to influencers to persuade them to WANT to work with you

  • Effortlessly respond to Customer Service complaints while delivering a 5 star experience 

  • Translate info to different languages

  • Brainstorm new Product Designs to outpace your competition, deliver more value to your customers, and 

  • Discover all the ways that people use your product so you can identify more keywords and ways to market it

  • Write negotiation letters to lowerer product costs, request better payment terms, packaging, and more

  • PRACTICE NEGOTIATION SCENARIOS with AI so you feel more comfortable doing the real thing

  • Get Hijackers off your listings by using GPT to write a letter to Amazon Seller Support

  • Generate HTML Code, Excel formulas, and more without having to know how to code

  • Get ideas to optimize product packaging to reduce the size, lower shipping costs, and COGS

  • Discover hidden ways to use different materials in your products to lower product costs

  • Scale your business from 100k to $1million +

  • Think outside the box to find strategies to raise profit margins by 5-10%

  • And much more is being added by the day…

This is for you if…

  • You are an ACTION TAKER
  • You are a 6, 7, or 8 Figure Amazon seller who wants to grow their business
  • You are starting up your Amazon or ecom business within the next 28 days. 
  • You want an UNFAIR advantage using AI that your competitors don’t know about yet
  • You want to spend less time on the mundane tasks of your ecommerce business and more time on the tasks that MOVE THE NEEDLE by leveraging AI
  • You have an open mind to learn and sometimes “Hit the wall”. When that happens you will agree to dust yourself off and try it again a different way. 
  • DON’T want to waste time sifting through hours of youtube videos, endless TikToks, and Facebook groups looking for the latest AI hacks – you will get all of them in 28 days

This is NOT for you if..

  • If you only consume the content every day of the challenge but not take any action.  
  • That’s entirely up to you but.. Nothing will change in your business.  
  • If that’s what you will do, then this challenge is NOT for you.  
  • You don’t have access to ChatGPT
  • You don’t plan to run an e-commerce business. 
  • You don’t have time to read the daily training email and do the homework (15-20 min per day) 

Only  $128  $29

30 Day Money Back Guarantee

Try it at NO RISK to you.  You can take the entire challenge and if you show me that you did the work and did not get at least 10x ROI I will give you your money back! I’m so confident this will work for your business that I’m putting my money where my mouth is.

LIMITED TIME OFFER: Just $1 a day to grow your Amazon business using AI.  

If you were to hire a consultant to walk you through 28 ways to grow your Amazon business, save time and increase profits, you would easily have to spend over $1,000.  

I believe that AI is the next big thing in our industry and I created this challenge at an affordable price so I didn’t want MONEY to be an obstacle.  

But at the same time, it’s important that you have some skin in the game. Studies have shown that people are drastically more likely to follow through on a task if they have shown a commitment towards it. Especially if money is at stake. 

AI for Amazon Seller 28 Days Challenge

Learn the little known “AI FLOWS” that Amazon Sellers and Ecommerce Sellers” are using right now to grow sales, save time, and maximize profits

Join the FIRST EVER ‘AI for Amazon Sellers 28 Day Challenge’ today…

  • Grow and scale your ecom business using ChatGPT, Bing AI, Midjourney, and more of the latest AI technologies
  • Save upto 15 hours a week and get more done (with less effort) leveraging AI FLOWS
  • Increase your profits use little known AI powered strategies to use to reduce your COGS, cut your costs, and boost your bottom line.
  • More than just prompts – you will learn How to Actually Talk to an AI to get the results you want
  • Daily Reminders – to keep you accountable during the challenge
  • 3 Free Bonuses ($149 value)
    • ’10 Commandments of AI’
    • ‘7 Deadly Sins of AI’
    • ‘Ultimate Guide to Negotiating with your Supplier’

AI for Amazon Sellers 28 Day Challenge

ONLY $29 TODAY

Brought to you by 7 Figure Seller Summit

What is the AI for Amazon Sellers Challenge? 

A 28 Day sprint to learn how to use AI FLOWS effectively in your Amazon and Ecom business to:

1) Grow their businesses

2) Save time 

3) Increase their profits 

Here’s how it works

  • Each day you will receive an email with a single AI strategy designed to grow your business.
  • You will learn how to use “AI FLOWS” to maximize the results that AI will spit out… and avoid Hallucinations and crap copy that is irrelevant to your business 
  • In the daily email you will receive a specific assignment to implement this into your business using AI   

Tools you will need:

  • A computer and internet connection
  • ChatGPT and or Bing AI

You should be running an Amazon or Ecommerce business with the basic know-how of how to do keyword research and Amazon SEO. 

By the end of the end of the challenge you will…

  • Understand how AI can be used to optimize Amazon listings and drive more traffic to their products. 
  • Smoothly use AI to Save time so you can focus on the things that move the needle in your business 
  • Increase your product listing conversion rates with the AI optimized copy
  • Overcome Analysis Paralysis to get more stuff done. 
  • Cut your product costs via negotiations with your supplier 
  • Optimize your packaging and cut your shipping costs 
  • Effortlessly use AI tools to Create a marketing emails, social media, and blog posts 
  • And much more 
  • Techniques to improve product ranking, including keyword optimization, image optimization, and product description optimization.

AI and Chat-GPT is a once in a generation SHIFT – will you PIVOT to ride the AI wave or will you be left behind? 

Every generation, a groundbreaking innovation comes along that completely changes the game, like the invention of the web browser, the computer, or even fire.

During the ’90s, massive companies such as Yahoo, Myspace, and Nokia failed to adapt to the digital revolution and slowly faded into obscurity, while others like Google, Facebook, Apple, and Amazon became industry giants.

Wharton Business School Professor Ethan Mollick describes our current situation perfectly: 

“At this point, it’s the most uncertain time… we’ve ever lived through in terms of technology (with the rise of AI).”

In just a few short years, we’ve witnessed not one but TWO monumental opportunities in ecommerce:

1) 2020-2021: Covid accelerated ecommerce growth by 30% yearly and many brands skyrocketed on this opportunity to new levels.

2) NOW  – Rapid growth opportunities using generative AI tools like ChatGPT.

Many sellers have started harnessing the power of AI in their ecommerce businesses and are already reaping the benefits. 

Here are some examples

SALES: 7 Figure Seller and serial entrepreneur Chad Rubin increased the conversion rate on one of his Amazon SKUs by 20% using ChatGPT to generate catchy headlines for an infographic promoting his vacuum cleaner hose.  The result?  

“Dirt Destroying Air Flow” was the winning headline generated by AI which boosted conversion rate from 26% to 46% over eight weeks.

COPYWRITING: Creating Amazon listings in seconds – “It does it with the tone you suggest, and it does it in seconds,” Hamza Amor said. “That’s the part that was mind-blowing.”  

If you’ve been putting off optimizing your listings, AI can help you optimize them with the right keyword to boost your ranking up to the top of the Amazon sales page.  

Not only that it can help you create blog posts, email sequences, customer service replies, warn hijackers off your listings, help you deal with Seller Central support cases, and even help generate social media posts in seconds.  

It’s literally like you are working together with a powerful robot assistant to amplify your results.

Now assisted by AI, one person can do the work of many… 

“Human-Machine Hybrid” work is now a real possibility

Besides AI getting smarter, we are seeing massive increases in quality and speed.  

According to a recent study AI has surpassed human intelligence in the following test scores

  • Language Understanding
  • Reading Comprehension
  • Speech Recognition
  • Handwriting recognition

What does this mean? 

According to a Harvard Business Review article:

“The businesses that understand the significance of this change — and act on it first — will be at a considerable advantage.” – Harvard Business Review

THIS IS A HUGE OPPORTUNITY for sellers to take a GIANT STEP ahead in their ecommerce business. 

But at the same time there is a…Hidden Secret…

Why ChatGPT & AI Might Not Be Working for You

Did you know when I first tried ChatGPT, I wasn’t impressed.

I thought it was all about having the right prompts.

So, I bought an “Ultimate Prompt List” and gave it a shot.

But the listing copy was just… meh.

B- level, at best.

It wasn’t finding the right keywords for me…

I thought – is that all there is to ChatGPT?  All hype?

Then I did some research.

Turns out, 99% of people use ChatGPT the wrong way.

Most believe using the right prompt gets the right answer.

Not true.

There are many cons to ChatGPT

AI is prone to hallucinations.

You can’t take it AS IS.  You have to fact-check everything.

ChatGPT’s knowledge? Stuck in 2021.  

It’s clueless about current trends and what’s happening right now.  

If you have a product listing that is NEW and created after 2021, ChatGPT will know nothing about it. 

And there’s a big risk that many people are now aware of.

Sharing confidential info with AI is a no-go.

OpenAI uses your data for training.

Your “secret sauce” could be exposed.

Amazon? They forbid employees from using ChatGPT.

JP Morgan Chase? Same deal (though some might sneak it on their phones).

So I dove deep. 100+ hours of research, experimentation, and conversations with tech-savvy friends like the ones at Google.

And I finally cracked the code.

I learned how to use AI to:

  • Grow and Scale my Ecom business
  • Save time from mundane work
  • Increase profits in my business

AI helped me de-bottleneck my business and move forward.

Don’t be fooled – It’s not about Prompts – it’s about FLOWS

The key to unlocking the full potential of AI and ChatGPT isn’t just about prompts. That’s barely scratching the surface. 

The real magic comes from creating the right AI FLOWS.

It’s all about guiding the AI through back-and-forth conversations to get the results you want. 

And I’ve developed this 28-Day Challenge to help you master just that.

Here’s a “Sneak Peek” of what you’ll do in the AI for Amazon Sellers 28 Day Challenge

  • Use AI to QUICKLY Optimize your listings and create new ones while boosting conversion rates up to 20%

  • Weave the right Keywords throughout your listings to boost your Amazon SEO and Rank

  • Product Images – leverage AI to generate an endless supply of amazing product and lifestyle images

  • Product Development – Discover new product opportunities for bundles, new SKUs, and cross-selling to  increase your Lifetime Value of your customers

  • Competitor Analysis – Pinpoint the biggest weaknesses of your competitors and gaps in the market so you attack and dominate

  • Product Insert Card Offers – to get more reviews (TOS compliant), build an audience, and sell more

  • Quickly Brainstorm Dozens of Brand names that are memorable and standout

  • Identify your Customer Avatar so you know exactly what products you should develop that they will buy and how to market to them

  • Write blog posts to create content related to your product to increase your organic SEO

  • Quickly repurpose them to create social media content on Instagram, Facebook, Tiktok, Twitter, and more

  • Create Youtube scripts for product videos

  • Find top influencers in your niche that are willing to promote your product in seconds

  • Create outreach emails or messages to influencers to persuade them to WANT to work with you

  • Effortlessly respond to Customer Service complaints while delivering a 5 star experience 

  • Translate info to different languages

  • Brainstorm new Product Designs to outpace your competition, deliver more value to your customers, and 

  • Discover all the ways that people use your product so you can identify more keywords and ways to market it

  • Write negotiation letters to lowerer product costs, request better payment terms, packaging, and more

  • PRACTICE NEGOTIATION SCENARIOS with AI so you feel more comfortable doing the real thing

  • Get Hijackers off your listings by using GPT to write a letter to Amazon Seller Support

  • Generate HTML Code, Excel formulas, and more without having to know how to code

  • Get ideas to optimize product packaging to reduce the size, lower shipping costs, and COGS

  • Discover hidden ways to use different materials in your products to lower product costs

  • Scale your business from 100k to $1million +

  • Think outside the box to find strategies to raise profit margins by 5-10%

  • And much more is being added by the day…

This is for you if…

  • You are an ACTION TAKER
  • You are a 6, 7, or 8 Figure Amazon seller who wants to grow their business
  • You are starting up your Amazon or ecom business within the next 28 days. 
  • You want an UNFAIR advantage using AI that your competitors don’t know about yet
  • You want to spend less time on the mundane tasks of your ecommerce business and more time on the tasks that MOVE THE NEEDLE by leveraging AI
  • You have an open mind to learn and sometimes “Hit the wall”. When that happens you will agree to dust yourself off and try it again a different way. 
  • DON’T want to waste time sifting through hours of youtube videos, endless TikToks, and Facebook groups looking for the latest AI hacks – you will get all of them in 28 days

This is NOT for you if..

  • If you only consume the content every day of the challenge but not take any action.  
  • That’s entirely up to you but.. Nothing will change in your business.  
  • If that’s what you will do, then this challenge is NOT for you.  
  • You don’t have access to ChatGPT
  • You don’t plan to run an e-commerce business. 
  • You don’t have time to read the daily training email and do the homework (15-20 min per day) 

Only  $128  $29

30 Day Money Back Guarantee

Try it at NO RISK to you.  You can take the entire challenge and if you show me that you did the work and did not get at least 10x ROI I will give you your money back! I’m so confident this will work for your business that I’m putting my money where my mouth is.

LIMITED TIME OFFER: Just $1 a day to grow your Amazon business using AI.  

If you were to hire a consultant to walk you through 28 ways to grow your Amazon business, save time and increase profits, you would easily have to spend over $1,000.  

I believe that AI is the next big thing in our industry and I created this challenge at an affordable price so I didn’t want MONEY to be an obstacle.  

But at the same time, it’s important that you have some skin in the game. Studies have shown that people are drastically more likely to follow through on a task if they have shown a commitment towards it. Especially if money is at stake. 

AI for Amazon Sellers 28 Day Challenge

ONLY $29 TODAY

7 Figure Seller Japan Mastermind – Tokyo, 2 days (April 4 – 5, 2023)

Why should I attend?
Want to sell into the 4th largest Amazon marketplace that virtually nobody is talking about?  

There’s no need to spend months figuring this out – over 2 days, you will learn the exact steps to launch and sell your products on Amazon Japan.  

What will I learn?
  • The complete turnkey solution to sell into Amazon Japan 
  • Launch strategies that are unique to Japan (throw out your US/EU launch playbook) 
  • External marketing strategies native to Japan (beyond PPC)
  • Make all the connections you need to sell into Amazon Japan – Importer of record, warehousing, accountants, trademark agencies, translators, and more
  • The A to Z of How to sell into Amazon Japan even if you don’t speak any Japanese
  • The exact requirements for your product to be imported into the countries
  • The most common mistakes sellers make when selling into Japan (Japan is not US or EU)

Even if right now you know nothing about selling in Japan, you will have everything you need to sell in Japan at the Amazon Japan Mastermind.

And you will have the right connections.  

You will be able to execute and sell into Japan in weeks.  

And you will meet real sellers and mastermind with them to grow your business to the next level. 

If you have any questions at all, we will answer all your questions and we will leave no stone unturned. 

Who’s it for?

Amazon and eCommerce sellers that want to sell into Amazon Japan (the 4th largest Amazon marketplace in the world – that nobody is talking about)

So we’re going to offer them everything they need to successfully sell on Amazon Japan

You will learn from:
  • 7 figure sellers selling in Amazon Japan 
  • Importers of records so you can legally import products into Japan
  • Warehousing and logistics providers
  • PPC Experts
  • Accountants
  • Lab testing providers to make sure your products can be legally sold in Japan
  • Inspection Agencies

We will have all of the steps you’ll need from A to Z to just start selling in Japan

Expected turnout:  Limited to 100 sellers – first come, first served.

Location: Tokyo, Japan – Easy to fly into and transit to other parts of Asia

Venue: TBD – Coming Soon

10 Reasons Why You Should Start Selling in Japan N-O-W

1. Japan is the 4th biggest Amazon place in the world.

2. There’s far less competition with Amazon Japan than with the other large Amazon marketplaces

3. LOWER PPC COST

4. You don’t need to know Japanese to sell in Japan. Seller Central is in English and you can hire Japanese support 

5. Lower shipping cost and faster shipping time from the Asia factory back to Japan

6. Amazon FBA works quickly in Japan

7. The market size is much larger. There are about 140 million people in Japan, and 80% of them shop online

8. You don’t need to register a company in Japan to sell in Japan, you just need Japanese importer records and make sure products are compliant which we will make sure you do.

9. There are unique marketing channels in japan that you can use to build an audience and make a lot of sales at a low cost. 

10. If you are already selling in the Amazon US/EU marketplaces you may have an advantage selling in Japan using your products.

If you position and market your products the right way, you can generate an additional 200k – 500k USD revenue per year. 

FAQ
1. Do I need a visa for Japan?

No. Japan offers visa-free access to over sixty-eight countries. Check here for details.

2. Is Japan super expensive? 

No.  The costs to sell and ship products into Japan will be about the same as selling in other marketplaces around the world.

The shipping costs could be lower and the speed faster if you are sourcing your products from China or Asian countries. 

Japan is a lot closer to these manufacturing regions and you can get them there in weeks rather than months.

This allows you to turn over your inventory faster to save you time and money and free up your cash flow from having to order months and months of inventory than if you were shipping products to the US or EU from Asia.

Moreover, the Japanese Yen is at a 30-year low against the US Dollar.  This means that things in Japan will feel cheaper than before.  

Couple that with the fact that Japan has been in a long period of stagnation and prices have not risen significantly.  

This means that Japan may not be as “expensive” to do business in as you think!

3. How much should I budget for an event like this? 
  • What is $3k vs $300k you could sell in Japan? 

4. How much should I budget for a hotel?
  • Hotels range from $150-200 per night, food will be provided – breakfast, lunch, and coffee
  • Our event will be held in Tokyo and we will have discounted prices. 

RESERVE YOUR SLOT NOW!

GET YOUR PASS NOW

7 Figure Seller Japan Mastermind – Tokyo, 2-days (April 4 – 5, 2023)

EARLY BIRD TICKET PRICE – $799

80/20 Of Ecommerce – July 15, 2022

Rumors on Prime Day slump, not true?

Image credits: eStore Factory

This Prime Day, consumers are growing to be practical.They are prioritizing necessities over indulgences, yet they are still spending more than expected.

Purchase data findings show that the average Prime Day 2022 spend per order is $53.14 compared to last year’s $47.14. So far, 42% of orders have been for $20 or less, while 13% have been for $100 or more.

Amazon has geared its attention toward attracting bargain hunters searching for affordable pantry stocks and low-priced electronics. A report from Numerator recorded last Tuesday that there was an increase of 20% in the typical household spending since the previous June sale. The best-seller in the early hours was a Frito-Lay variety pack of snack chips.

Furthermore, the report said that 83% of Prime Day buyers consider inflation as the primary variable affecting their purchasing behavior. 

Yet there is another product category experiencing a profit increase. Branded items generate a big chunk of Amazon’s annual sales and have increased by 30% during Prime Day despite offering lesser discounts. It has outstripped the single-digit growth expectation.

Sellers experienced a sales surge hours after the launching of the event. According to Channel Key e-commerce consulting firm, their clients experience a 12% spike in sales in the first six hours of Prime Day compared to the previous year.

Takeaway: What probably made Amazon Prime Day 2022 a hit? Forbes reported on July 13, Thursday that aside from flooding consumers with organic and paid campaigns on social media, Amazon affiliate program appeared to be effective. Influencers and news outlets alike curate offers and goods in exchange for an affiliate commission on any sales made as a result of their promotion.

E-commerce inflation increased by 0.3% YoY but fell by 1% MoM in June

Image Credits: EcomCrew

According to the Adobe Digital Price Index report, online grocery prices continue to increase despite inflation falling. In June, grocery prices rose by a record 12.4 percent year over year, setting a new high. This gain comes after earlier record-breaking year-over-year increases of 7.6% in February, 9% in March, 10.3% in April, and 11.34% in May.

As a consequence, e-commerce spending appears to be declining more in June ($74.1 billion) as compared to what was recorded in April ($77.8 billion) and May ($78.8 billion).

Adobe Commerce survey released recently revealed that 61% of consumers were waiting for Prime Day sales to avail of promos and deals. Some even plan to make their most significant purchases at this event. They say they would maintain their previous year’s expense limit or would spend more. 

The first day of Amazon Prime Day revealed that inflation and the downward sloping economy will impact the sales this year. Americans spent $4.7 billion less in June than the previous month.

Takeaway: The ecommerce inflation has reshaped Amazon Prime Day, especially consumer behavior. Even though Prime members are willing to spend more than they spent last year, they are still willing to give up a good deal for the reason that the product is not a necessity.

Report: E-commerce sales to exceed $1 trillion this year

Image Credits: Vapulus

FTI Consulting projects that in 2022, online retail sales will reach $1.07 trillion, surpassing its pre-pandemic prediction of 2025, partly due to growth brought on by the pandemic. Online retail sales outside the car and gas industries will reach 22.1 percent by 2022, up from 20.8 percent in 2021 and 15.2 percent in 2019.

The report further says that e-commerce sales will reach $2 trillion by 2030 and account for 31% of total sales by the decade’s end.

According to a 2021 Forester report, even though eCommerce has already established its pillars in the retail industry, physical stores remain significant, and three-fourths of the retail sales in the US will still occur in person. 

A poll of international retail leaders Ipsos for Publicis Sapient and Salesforce found that 44 percent of online-only merchants were not profitable, compared to 20 percent of brick-and-mortar stores that reported the same. Operating an online-only business is still difficult.

Takeaway: Online shopping in this past 2 years was driven by necessity due to Covid-19 restrictions. FTI Consulting said that ecommerce spending in the 2nd half of 2022 will modulate as the pandemic cools down and the inflation rises.

7 Figure Seller Summit Pre-Event Survey – Vote now!

I’m building out the 7 Figure Seller Summit 7 and would love it if you could spend 5 min to fill out this short survey so I can learn about your challenges and goals for the remainder of 2022.  

I would appreciate your honest feedback as this will help us create the best Amazon conference for you!

5 min survey: https://forms.gle/sbn4KZaxz4xpsnjg7

Thank you so much!

7FSS Top 5 Youtube Videos for 1H 2022

Have you checked out our Youtube channel yet? For the first half of the year, we were able to invite awesome guests and experts who have shared a lot of tips and value.

Here is the list of top 5 videos on the 7FSS Youtube channel for this year:

#5 – Amazon Profitability MASTERCLASS: How to Know your Numbers and Turn Around Declining Sales

Gary invited Marc Jepsen from ManageByStats to share how you can know your actual profits so you can SCALE and prevent your sales from decreasing over time. This conversation has helped sellers know their numbers as they run their Amazon business, 

#4 – I interviewed 153 7 Figure Sellers, Here’s what I learned

In this video, Gary discussed one-by-one his key takeaways after he interviewed 153 – 7 figure sellers and ecom experts after hosting the 7 Figure Seller Summit – an online event that was voted favorite amazon conference two years in a row in seller poll.  

#3 – Scaling an Amazon FBA Business from $144K to $1M: Best Practices in Capital, Cashflow, and Funding 

Don Henig from AccrueMe provided valuable training on scaling an Amazon FBA Business from $144K to $1M: Best Practices in Capital, Cashflow, and Funding. Important points such as the biggest mistake made by sellers when scaling, vital factor in financing your growth, and establishing a company vision were tackled.

#2 – “The 3 Pillars of Profitability in Ecommerce” Live Training with Gary Huang

In this live webinar, Gary unraveled the 3 pillars of profitability. Each pillar aims to assist sellers in how to offset high shipping costs, warehouse costs, and rising material costs; have more budget to spend on PPC to beat your competitors; increase your bottom line EBITDA and maximize a potential exit; and maximize business strength in 2022 as the competition increases.

#1 – [Sourcing Masterclass] Negotiating Your Way to Success When Sourcing From India 

This live Masterclass with Margaret Jolly and Meghla Bhardwaj, Co-Founders of India Sourcing Network, shared strategies for negotiating with Indian manufacturers to learn. They also touch down on proven negotiation strategies, negotiating timing, other things to deal with apart from price, cultural sensitivities, and common mistakes to avoid that could cost you time and money.

In case you missed it

Have a great weekend

Gary

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