FieldStack’s Post

Great story from Allison Smith: Amazon sellers are outraged over a new policy for lost or damaged inventory. The new rule will likely hurt margins for these brands. What's more, the company is asking sellers to divulge information about their sourcing—something no other retail partner has ever asked for. https://lnkd.in/eCDRSvAS

Amazon sellers are raising concerns about a new policy they believe could hurt profits and compromise proprietary business data. The policy changes have led to discussions about the balance between platform regulations and seller autonomy. https://lnkd.in/e63JcYJH #Amazon #Ecommerce #SellerPolicy #RetailTech #OnlineRetail

Why some retail has been resilient against Amazon !!! It’s about the products — and the people, about emotion sharing... Despite Amazon's vast reach on about everything, some independent shops have shown resilience not only in the US but elsewhere... Some are thriving again. #Amazon offers #convenience and #price, local stores offer unique value that resonates with customers. Products like bikes, records, and second-hand goods often require a personal and direct approach, allowing shoppers to test, feel, and connect with items, nothing much new but still very much relevant. Stores focusing on #customerexperience, #curated #inventory, are deeply connected with their local community and in result have also flourished, from bookstores hosting events to musique store offering expert advice. Such retailers create trust and align with flexibility and reactivity with "their" Shoppers who seek more than just the best price and infinite choice, probably too much choice and #algorithm not enough "clever" to speak the language of emotion sharing. Enjoy the reading from #grocerydive

Interesting pivot from Amazon - they're now selling their cashierless tech to other retailers. Could be useful for office shops. #Amazon #ArtificialIntelligence https://lnkd.in/gZRNs7kF

How Independent Retailers Can Make Serious Money on Amazon Right now, 30% of retailers are ahead of the game. Why? Because 70% of people in the U.S. are shopping online, while only 30% still make purchases directly in stores. If you’re running a physical store, you’re limited by location, staff costs, and overheads like utilities. BUT the opportunity....? With that same store inventory, you can tap into brand-loyal customers across the U.S., Canada, and Mexico by listing those SKUs on Amazon. BOOM turn your local store into a global business at zero Cost Brands love working with physical retailers. They’re far more likely to approve you to sell their products on Amazon with minimal effort. What does this mean? If you're making $100k in your store, you could potentially make $300k a month on Amazon. That’s the kind of growth that’s possible when you expand your reach.(list SKUs online) Look at stores like Toys For Truck and commerceFood. They might look like small, family-owned businesses, but their main operation is selling their brands on Amazon. And according to the data, both are making over half a million dollars a month. If they’re doing it, why not you? Your store could be the next success story. P.S. Ready to take your store inventory to the next level? . . . #RetailSuccess #AmazonSellers #EcommerceStrategy #RetailTransformation #OnlineRetail #AmazonBusiness #IndependentRetailers #SellOnAmazon #RetailGrowth #StoreToAmazon #BusinessExpansion #AmazonRetail

#Temu is adopting from #Amazon with speed of light. Somewhere in between #Tiktokshop is showing significant growth. The US market is showing already what kind of Oligopol the future ECommerce landscape is going to be shaped. Only regulatory pressure or governmental bans have potential reducing competition going forward. And #ebay is developing flat, loosing ground regarding ECommerce‘s future.

Interesting pivot from Amazon - they're now selling their cashierless tech to other retailers. Could be useful for office shops. #Amazon #ArtificialIntelligence https://lnkd.in/dMwJTbe3

TEMU’S NUCLEAR OPTION I am thoroughly enjoying watching the growth of Temu. I was one of the first consultants and analysts in the U.S. to start writing about Temu, and their business model. When I first mentioned Temu in posts and articles, I stated that Temu had “exceptional potential for growth even against Amazon.” Most people responded with comments like the following: “Temu will never be able to beat Amazon.” I never stated that Temu will beat Amazon. However, I did state the following in 2022: “Amazon may not realize it but they have a legitimate predator and its name is Temu. Temu is a Chinese company that I believe has one goal - copy what Amazon is doing and then strangle Amazon using its own business model. Do not underestimate Temu, Amazon.” I refer to Temu as “Amazon’s predator” because Temu isn’t afraid of Amazon. For example, Temu is actively recruiting Amazon sellers. Sellers say one of the biggest reasons why they are attracted to Temu’s platform is that it doesn’t charge them fulfillment fees or advertising charges like Amazon does. Temu requires sellers to store products in U.S. warehouses and handle delivery. This ensures faster delivery - just like Amazon. I have stated since 2013 that the way to be successful on e-commerce is by using the following strategy: “Sell everywhere. Deliver anywhere. Deliver to people, not just to places.” This means sellers should sell their products on Temu, Amazon, Walmart, Kroger, etc. Sell the products everywhere to maximize sales. However, in the case of Temu, I believe they have a “nuclear option” they can use to grow their sales faster, and expand into additional categories like groceries. How? Acquire Dollar General or establish a strategic partnership. There are nearly 20,000 Dollar General stores in the USA. A combined Dollar General and Temu offers exceptional possibilities for sellers, brands and even their own private label products. Dollar General’s CEO Todd Vasos should contact Temu and discuss an acquisition. A discussion with BroadRange Logistics is also advised ASAP. In addition, Vasos should contact Mark Edwards, the CEO and Founder of 345 Global, and discuss a partnership. (I encourage all retailers to contact Mark Edwards.) Amazon has an advantage over Temu when it comes to logistics but it’s not an insurmountable advantage. Temu is making wise moves to strengthen their logistics capabilities. I strongly encourage Temu and Sellers on Temu to contact Ari Milstein, the CEO of BroadRange. When Amazon was launched, retail CEOs laughed and dismissed Amazon as a potential threat. I strongly advise no one to laugh at Temu - especially grocery retailers. My sources at Temu have told me they’re going to expand into groceries which will pressure many different retailers. I also believe that if TikTok is banned, Temu will release a similar app. Temu is a predator and they’re on the prowl. #retail #management #logistics 345 Global

Frustrated sellers and the agencies that work with them say Amazon is increasingly placing the burden of its operating costs onto small business owners. It means more online brands are rethinking their margin structures and overall business models. #amazon #retail In this piece by Allison Smith, we speak to Rob Hahn of Pattern®, Kadia Koroma, Lori Fields of Jay Street Partners, and Lesley Hensell of Riverbend Consulting.

🤔🤔🤔 ... competition keeps everyone honest and not monopolize a particular market. I just started ordering from Temu about 2 weeks ago. Everything I've ordered has been decent quality and I have had no problems so far (Even ordered my mom a mattress for her birthday ... looks good to me. Prices on certain things are better than Amazon. Example of items: mattress, body pillow, lion head, shoes, pajamas, boyshorts, knobs for suv, jogging sets, paint sprayer, etc.  My process: I download the app, place my order w/ some pay-later acct like Affirm (so I wont expose my credit/debit card info, if the rumors are true about stealing your info), then I delete the app when I'm done.