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

Amazon Weekly News 12/10: Inventory Limitations, Wish Goes Public, New VAT Rules & More

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

Helium 10

Business:entrepreneurship, Marketing, Entrepreneurship, Business

5602 Ratings

🗓️ 10 December 2020

⏱️ 3 minutes

🧾️ Download transcript

Summary

Sellers are reporting decreased inventory capacity when trying to replenish FBA stock, Wish IPO hopes to reposition itself as a cheaper alternative to Amazon Prime, Big changes to VAT Rules on sales to UK customers go into effect January 1st. This and more in this week's top stories.

Transcript

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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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