Advertising: Seller Snap is an AI algorithmic Amazon repricer capable of detecting the behavior of your competitors and making tailored price adjustments to outsmart your competition.

📰 What you need to know

👉 Amazon is redirecting customers on your listing to your competitors, the new Amazon AB test

👉 Inside the team of former prosecutors trying to fight Amazon’s growing counterfeit problem. Also, Amazon is bringing the hammer down on fake reviews

👉 Details on the new “Amazon Temu clone” called Low-Cost Store:

• Only available for $20 or less products

• Invite-only for sellers based on program eligibility criteria and capacity.

• Amazon fulfills all orders from inventory stored in an Amazon-operated fulfillment center in Dongguan, Guangdong province, China. Seller fulfillment is not available.

• Sellers must list all products with a brand name of “Generic.”

• Items are not part of the regular Amazon search and must be accessed as a separate storefront via the Amazon app.

• Fulfillment fees are $0.50 for products 4 oz or less and under $3, $0.99 for apparel, and $0.88 for non-apparel for 4 oz or less and above $3. Products above 4 ounces start at $2.05 for apparel and $1.77 for non-apparel, increasing based on weight. Plus, a $0.40 per cubic foot per month storage fee.

• The return window is 15 days from the date of item delivery

• Products priced at $3 or less won’t be eligible for buyer returns.

• Returned items will be liquidated and not sent back to the seller. Inventory will be sent for donation or disposal if liquidation is not possible.

👉 Kevin King reports: “there is no such thing as the Honey Moon Period”

👉 Michael Patrón weekly rant on AWD (to me, he is always right): “Amazon Fulfillment centers are a complete dumpster fire now”

👀 Interesting reads

👉 Amazon gadget boss hints at ‘awesome’ future Alexa products and unveils a slew of new Kindle devices in his public debut

👉 Amazon’s new A+ Content Generative AI Guide

👉 How the Fed Rate Cut impacts consumer debt and holiday spending

👉 The rise of Click & Collect and value creation for physical stores. Meanwhile, Amazon to shut down speedy brick-and-mortar delivery service

👉 Google Shopping just got an AI makeover

⚒️ Software & Services

Every 15 days, we’ll recommend 2 software & services for Amazon Sellers and Vendors.

• Start Your Business/LLC/C-Corp with doola with a 10% discount! We have partnered with doola to make it super easy to launch your own business. Use code DOOLAJORDI10 at check out to claim an immediate 10% discount on your plan.

• Meet Receive! A Mastercard (e-card or physical) for Amazon sellers. Connected to any or all of your sales platforms, the card is constantly being updated based on sales, removing the two week delay that most amazon sellers face when making a sale. When Amazon disperses to the businesses connected bank account, Receive pulls the amount that was spent on the card. There is no interest, or fees involved. 

Seller Snap, our sponsor and fav repricer has a killer new feature: Accurately Calculate the ROI of Your Amazon Business!Seller Snap's powerful Min/Max Profit Calculator takes the guesswork out of pricing Amazon listings. With just a few inputs, users can configure the perfect price range and calculate ideal minimum and maximum prices, ensuring profitability. Say goodbye to manual calculations and hello to smarter pricing decisions.Understanding that profitability is the ultimate goal, Seller Snap has enhanced the Min/Max Calculator by including profit margin fields, the LowInventory Level Fee, and an automatic calculation tool that populates inbound shipping costs based on item weight. These features help sellers make more informed decisions that align with their financial objectives.

Start using Seller Snap's Min/Max Profit Calculator today and take control of your pricing strategy with their 15-day free trial.

See you in 15 days!

Best,Jordi Ordóñez at jordiob.com