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Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

Amazon Weekly News 11/12: Prime Day Kicks Off Holiday Shopping Season and More

Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

Helium 10

Business:entrepreneurship, Marketing, Entrepreneurship, Business

5602 Ratings

🗓️ 13 November 2020

⏱️ 3 minutes

🧾️ Download transcript

Summary

New report reveals 1 in 3 US households shopped on Amazon Prime Day. Amazon expected to take in the bulk of online sales this holiday shopping season. This and more in this week's top stories.

Transcript

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0:00.0

On this week's episode of Amazon-related weekly news, we've got a lot of cool data coming out on a prime day that can give sellers a lot of hope for the rest of this Q4.

0:09.2

How cool is that? Pretty cool, I think.

0:18.4

Hello, everyone, and welcome to another edition of the weekly news.

0:22.4

I'm Lonnie Romero.

0:23.9

And I'm Sean Elias.

0:25.1

We got some big numbers from Prime Day.

0:27.1

A new report from Numerator, a data and tech company serving the market research space,

0:32.3

reveals the impact of Prime Day on kicking off the holiday shopping.

0:35.7

The two big first takeaways, more than one in three

0:39.0

households, shopped Amazon on Prime Day 2020, up from 23% in 2019. With nearly one third reporting,

0:46.6

it was their first time shopping on Prime Day. Next, a survey of verified Prime Day buyers

0:52.9

shows that 9 in 10 Prime Day buyers plan to

0:55.7

shop on Amazon again before the holidays.

0:58.1

And there's more, Sean.

0:59.9

So another big takeaway.

1:01.5

The numbers indicate we're about to have an epic online holiday shopping season.

1:06.0

Historically, big box retailers dominate the five-day Thanksgiving shopping holiday, including

1:12.1

Black Friday and Cyber Monday. For example, in 2019, Walmart led with overall household penetration

1:19.0

of 39.2%. But this year, due to people shopping online more than ever, and the late-in-the-year

1:26.8

Prime Day kicking off the holiday

1:28.2

shopping season, Amazon is expected to close Walmart's 10-point lead. That's as big of a

1:34.7

prediction as it gets, Sean. Yeah. In a numerator survey, 65% of verified shoppers say they expect

...

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