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

Amazon Weekly News 11/5: Amazon Releases Q3 Results, New Communication Guidelines, & More

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

Helium 10

Business:entrepreneurship, Marketing, Entrepreneurship, Business

5602 Ratings

🗓️ 6 November 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

Amazon has opened up in new marketplaces such as Sweden, plus Helium 10 Follow Up has a lot of new updates to stay in compliance with Amazons new communication guidelines. 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 bunch of information about the Q3 Amazon earnings report, as well as critical information on what you need to change with your buyer-seller messaging.

0:13.2

How cool is that?

0:14.8

Pretty cool, I think.

0:28.0

Hello, everyone, and welcome to another edition of the weekly news from Helium 10. I'm Alex Chikowski. And I'm Colleen Garrity. To start, Amazon had a phenomenal third quarter. And a press

0:35.8

release shared last week, Amazon unveiled some of its

0:38.8

Q3 results. Here are the five highlights we think you all should hear. First up, net sales increased

0:45.6

37% to 96.1 billion in Q3 2020, compared with just 70 billion in the third quarter of 2019.

1:01.0

Second, Amazon reported that during Prime Day, third-party sellers surpassed $3.5 billion in sales, a nearly 60% year-over-year increase.

1:05.0

Third, Amazon launched Prime in Turkey, bringing the total number of countries with Prime to 20.

1:11.6

But I feel like I'm taking up a lot of the airtime here.

1:14.2

Alex, can you take the fourth update?

1:16.3

Of course.

1:17.6

Another big Q3 highlight was the launch of Amazon Sweden.

1:21.4

Amazon.SCE will offer customers more than 150 million products to choose from,

1:26.7

and will give you Amazon Europe sellers

1:28.3

another marketplace to sell in.

1:30.3

Next, the first Amazon Fresh grocery stores

1:34.3

opened in Woodland Hills and Irvine, California.

1:37.3

The stores also offer new ways to make grocery shopping more convenient,

1:41.3

including the Amazon DashCard,

1:43.3

which enables customers to skip the

1:45.1

checkout line.

...

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