Warning to Amazon Sellers... Amazon is About to Change Forever | Steven Selikoff | Ep. 612

Lunch With Norm - The eCommerce & Amazon FBA Podcast

Norman Farrar

Marketing, Entrepreneurship, Business, Business:entrepreneurship

5 • 1.4K Ratings

🗓️ 12 August 2024

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Steven Selikoff is here to share with you a stark warning that Amazon and eCommerce is about to change forever. You may have read Steven's chilling email he sent out last week about Amazon working with Chinese factories. Today, we are doing a deep dive on the topic. Learn about Amazon FBA and eCommerce in 2024 with Norm Farrar on the Lunch With Norm Podcast! This episode is proudly sponsored by Walmart Marketplace - https://marketplace.walmart.com/?utm_campaign=2024-US-MP-GEN-DB-LWN&utm_source=Lunch_With_Norm&utm_medium=Direct_Buy One of the best ways to expand your reach to new customers and grow your business is through Walmart Marketplace. Sign up and start selling *Conditions apply Steven is the Founder of the Product Development Incubator and the Product Development China Trip. He has been selling to retailers since 2001 and on Amazon since 2005. His products have been featured in every major morning TV show and were in the gift bags at the Oscars. His students have products in retailers all over the globe, have been on Shark Tank, and have won prestigious design awards including Time Magazine’s Best New Invention of the Year. Join the Beard Nation at https://www.facebook.com/groups/lunchwithnorm Sign up for our Newsletter - https://lunchwithnorm.beehiiv.com/ This episode is brought to you by Startup Club: Startup Club is the largest club on Clubhouse supporting the Startup ecosystem. Startup Club offers an exciting sense of belonging to established and aspiring entrepreneurs, startup businesses, and companies wanting to Learn, Connect, and Grow. Join us for conversations with founders, entrepreneurs, angel investors, venture capitalists, subject matter experts, and more. For more information visit https://Startup.club This episode is brought to you by Seller Basics: Seller Basics is the ultimate guardian for account suspensions, ASIN hiccups, and IP headaches. For only $99 per month, Seller Basics provides a dedicated team to safeguard your business. And that's not all! Gain access to free legal consultations with seasoned eCommerce attorneys. With no binding contracts, you can cancel anytime with just a month's notice. Consider Seller Basics your Amazon account's comprehensive health plan. For more information visit https://www.sellerbasics.com *All conversations and information exchanged on the Lunch with Norm podcast or interaction on the Lunch with Norm Website is intended for educational and entertainment purposes only. Do not confuse this with advice or direction with your business per se. Always do your own research before following advice from any podcast/website. Amazon's Terms of Service is always changing. Make sure you are following relevant up-to-date information.

Transcript

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0:00.0	We'll say this is important, this is critical.
0:03.6	The post that you shared, I read it, and it was just like, oh my God, we knew something like this was coming, but I didn't think it was going to happen so quickly.
0:28.9	Lunch of New, Lunch, Lunch, Laudeau, think it was going to happen so quickly. Hey,
0:29.5	everyone, this is Norm Ferrar,
0:30.7	aka the Beard Guy here,
0:32.1	and welcome to another Lunch with Norm,
0:34.3	the e-commerce and Amazon FBA podcast.
0:42.2	Today, we are talking about an important topic.
0:47.8	This is something I told everybody last week. They got to tune in to here. And that's about e-commerce and how e-commerce is changing in a huge way. From Amazon Direct to Factory Direct.
0:56.4	Yep, things are changing where factories are selling on Amazon directly,
1:01.2	and it's going to shake up the industry.
1:04.8	We're going to talk about how the leaked factory direct information is just the tip of the iceberg and how this
1:13.0	will affect not only Amazon, but all of your other marketplaces like Walmart, TikTok, and more.
1:20.0	So welcome to another lunch with Norm, the e-commerce and Amazon FBA podcast.
1:25.8	If you didn't hear the big news last week,
1:28.7	e-commerce is changing in a big way from Amazon direct to factory direct. Yes,
1:36.6	all of your white labeled products from the factories you source from,
1:41.9	your factory could be, probably will be, going direct.
1:47.0	Our guest is the founder of the product development incubator and the product development
1:52.4	China trip. He has selling, he's been selling to retailers since 2001 on Amazon since
1:59.5	2005. His products have been sold in big box stores, independent
2:05.6	retail tailors, and on Amazon 3P and 1P. His products have been featured in every major morning
	...

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