5 • 602 Ratings
🗓️ 11 January 2024
⏱️ 16 minutes
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0:00.0 | Amazon shipping prices to increase by 300%, unenroll in automated AI changes to your listings, |
0:07.5 | and a plethora of new AI-powered integrations. This and more on this week's episode of the |
0:14.0 | weekly buzz. How cool is that? Pretty cool, I think. |
0:20.6 | Hello, everyone, and welcome to another episode of the serious sellers podcast by Helium 10. |
0:26.1 | I'm your host, Shavali Patel, and this is the show that is our Helium 10 weekly buzz, |
0:31.2 | where we give you all the latest news in the Amazon, Walmart, and e-commerce space. |
0:35.7 | And we also provide you with a training tip of the week |
0:38.3 | that will give you insight into serious strategies for serious sellers of any level in the e-commerce |
0:43.1 | world. Let's see what's buzzing this week. First up, let's jump to shipping and logistics. I'm currently |
0:48.8 | on CNBC, and as you can see, the latest news is global shipping rates are set to experience a steep rise |
0:57.1 | in order to divert ships from the Red Sea, where there has been a surge of ships being attacked |
1:02.6 | with drones and missile strikes by the Houthi rebels in Yemen. New routes are being taken, |
1:08.7 | extra fees are being imposed, and as a seller, you should expect |
1:12.2 | longer transit times. Analysts are actually warning the chaos could bring about a second wave |
1:18.2 | of inflation, as many container companies are electing to reroute the vessels through routes |
1:23.5 | sailing around Africa's Cape of Good Hope, making the journey longer than usual. |
1:28.3 | Of course, for sellers everywhere, this differs based on where you're sourcing. |
1:32.3 | This also comes at the expense of time, money, and delayed product deliveries. |
1:36.3 | And while we can hope that the global supply chain will eventually return to normal, |
1:41.3 | for the time being, it's probably best practice for you to prepare |
1:44.8 | your inventory turnover and profit margins accordingly. I actually recently had a conversation with |
1:50.6 | Barack from Forsgett and I quote, he said that it does affect every line price and departure |
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