Amazon News/Updates

Amazon Selling Secrets Week of November 23rd - 29th [2024]

1. Amazon Launching a “Low-Cost Store” Marketplace

Amazon is introducing a new “Low-Cost Store” targeting ultra-low-priced items directly from Chinese manufacturers.

  • Product Types: Includes items like $20 sofas and $8 jewelry.

  • Shipping: Products ship from Guangdong, China, with delivery times of 9-11 days.

  • No Returns: Customers receive instant refunds instead of returns.

  • Impact on U.S. Sellers:

    • Intense competition for U.S. sellers offering low-priced items.

    • No branding is allowed and strict cost caps limit seller participation.

2. Video Content for Product Variations

Sellers can now share video content across related product variations (e.g., sizes, and colors).

  • How to Use:

    • Go to Upload and Manage Videos in Seller Central.

    • Enter a Title and the ASINs for related products.

    • Enable “Include ASINs’ product variations.”

  • Timeline: Videos appear across related product detail pages within 72 hours.

  • Benefits:

    • Consistent branding across variations.

    • Better customer engagement with video content.

3. New Customer Segmentation Tools

Amazon has introduced customer segmentation features for tailored brand promotions.

  • Targeted Promotions: Focus on specific customer groups to align with brand goals.

  • How to Use:

    1. Access the tools under Brand Analytics in Seller Central.

    2. Identify opportunities to refine promotional strategies.

  • Impact: More effective ads and promotions targeting the right customers.

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