5 • 602 Ratings
🗓️ 10 December 2020
⏱️ 3 minutes
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0:00.0 | On this week's edition of the Amazon-related weekly news, we've got a story about inventory |
0:04.6 | restrictions for Amazon sellers, a story about some new tax regulations for the UK and the USA, |
0:10.8 | and we're going to talk about a shopping app that is more popular than Amazon. |
0:14.8 | How cool is that? Pretty cool, I think. |
0:32.9 | Hello, everyone, and welcome to another edition of the weekly news from Helium-10. |
0:34.1 | I'm Desire Hamill. |
0:35.3 | And I'm Andrew Lipback. |
0:39.3 | Many sellers are reporting decreased inventory capacity when trying to replenish their FBI inventory in Amazon warehouses. |
0:42.0 | Although these sellers are moving units fast, they can't restock their inventory in time |
0:45.8 | to meet demand due to Amazon's inventory limitations on third-party sellers. |
0:50.4 | Even the Helium 10 Project X coffin shelf saw its inventory capacity go from 1,000 down to 500 in the last week, despite selling 30 to 40 units per day. |
0:59.8 | CNBC reports that many sellers are in the same boat. |
1:03.2 | Be sure to check the maximum inbound shipment quantity for your skews within Helium 10's inventory management tool to stay on top of these changes. |
1:13.6 | What about you? Are you able to ship enough inventory to Amazon? In our second story, Wish, the e-commerce site that in the past had the reputation of mostly selling inexpensive products from China, |
1:21.6 | will be doing an IPO soon. Wish wants to reposition themselves as a cheaper alternative to online shoppers who can't afford Amazon Prime, according to TechCrunch. |
1:30.3 | Wish has some pretty impressive numbers. |
1:32.3 | TechCrunch reports that Wish has more than 100 million monthly active users across more than 100 countries |
1:39.3 | shopping from half a million merchants that are selling approximately 150 million items on the platform. |
1:46.5 | The number of sellers from North America and Europe alone has grown 234% since 2019. |
1:54.1 | The platform boasts 100 million monthly active users in the world and claims to be the world's |
1:59.3 | most downloaded shopping app. Impressive numbers, |
2:03.1 | indeed. Any of our Amazon sellers currently also selling on which, considering it? |
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