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Episode 63: News On Amazon | The Explosive Growth Of This Year

Episode 63: News On Amazon | The Explosive Growth Of This Year

FromThe Smartest Amazon Seller


Episode 63: News On Amazon | The Explosive Growth Of This Year

FromThe Smartest Amazon Seller

ratings:
Length:
17 minutes
Released:
Aug 11, 2020
Format:
Podcast episode

Description

Today I start off by discussing how important it is to educate yourself and that the purpose of this podcast is to help you learn and be prepared for your own business. I discuss what’s going on right now in our economy. Amazon fulfillment centers are overflowing and products are getting restrictions on what we can send in to Amazon. I talk about how much the centers have grown this year versus how much they have grown in the past. I talk over what you should be doing right now to react to this explosion of growth. I give advice on some things you should be doing, such as checking on your inventory frequently so that you don’t forget what you have and miss opportunities to sell. I discuss the pandemic and that it isn’t going to go away soon, but we at least have a few more months, meaning Amazon likely will continue to grow and E-commerce will continue to do really well. I talk about the buy box and how things have been changing in favor of larger companies. I bring up the issue of how much power Amazon has gained and equality in the marketplace. Recap of how we got where we are with restrictions 2:12What you should be doing to react to the explosive growth of Amazon 5:12Larger sellers with larger feedback scores get more of the buy box 10:15Equal marketplace and the congressional hearing 12:10“Understand that Amazon this last year has opened up 50% more fulfillment center space in just a year, and it’s already filled it up. I don’t know if that rings a bell to you, because it should. We’re talking about the best logistics network in the world grew by 50% percent in a single year.” 3:58Socialhttps://www.instagram.com/smartestseller/https://www.buyboxer.com/Send Scott an Email: scottneedham@buyboxer.com
Released:
Aug 11, 2020
Format:
Podcast episode

Titles in the series (100)

Scott Needham is the Founder of SmartScout and BuyBoxer. An Amazon software developer for 10 years his company BuyBoxer has done over $300m in sales. Scott has accumulated a deep knowledge about selling product online, and in the podcast he shares his knowledge with you to help you become a better Amazon seller.