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- AMZTools #2: 2022 trends, marketplaces are worth $7.2T, retail spending +18% YoY and more
AMZTools #2: 2022 trends, marketplaces are worth $7.2T, retail spending +18% YoY and more
Hiya and morning y’all, welcome to a new edition of the biweekly newsletter.
But, before, let me tell you this week I was featured on Helium 10 Serious Seller’s podcast (Spanish edition). Being a heavy user of H10 as I am, I feel honoured! Thanks to the H10 team :)
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📰 What you need to know
2022 Trends: Predictions from eCommerce industry experts Ant Digital, Alibaba, Merchatnspring, DHL and Shopify on what’s coming this year. They discuss: Logistics, Acceleration to online, eCommerce analytics, scale of sales from China, 26:24 Livestreaming and KOLs and more.
Here’s the list of the World’s Top Amazon Marketplace Sellers 2021, according to Webretailer based on their seller’s feedback. Total feedback for the first one is… insane: +6,6M reviews for the past 12 months
The future of ecommerce according to Joe Kaziukėnas, CEO at Marketplacepulse
US retail spending was $6.6 trillion in 2021 + 18% YoY
A detailed report by Dealroom: Online marketplaces 2021 in review [PDF]. Key figures for 2021:
Combined enterprise value of marketplaces: $7.2T (+$1.9 trillion YoY)
$139 billion raised globally
$678 billion in exits
Amazon is opening it’s own apparel store called Amazon Style. Among it’s innovations we can find touchscreen displays on fitting rooms (rate items or request different styles or sizes to be delivered to their fitting room), in-store purchase history in the Amazon app and more.
Amazon seems to be brand locking and blocking many asins for non-US sellers or non-us registered sellers to sell on Amazon US, according to the Amazon Sellers Group
Molson Hart, CEO at Viahart wrote a detailed post on Being an Amazon Seller in 2021; Year in Review. Key takeaways:
Amazon is 90% of their sales
Amazon is killing them with the new 2022 fees
He paid as much as $37k for a container coming from Indonesia
Inflation and Government stimulus is driving sales on the US
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🚀 Tips, hacks and F***ing AMZ
“I'm the author of a best-selling book. 11 days ago, two fraudsters hijacked my Buy Now button on Amazon”
“I downloaded all the data Amazon has on me, and honestly the creepiest thing about it is that they sent me the *actual audio files* of every time I spoke* to Amazon Alexa”
If you have UPS labels for merchant fulfilled orders, you can use those tracking numbers for free UPS pickups
The power of using a repricer for arbitrage
⚒️ Tools you may like
ELITESELLER: 14 tools in 1 for Amazon Sellers. Use code AMAZONTOOLS for a 20% discount
PICKFU: Split testing, optimization, and instant consumer research. With PickFu, you can crowdsource up to 500 opinions in an instant. Real Amazon users.
👀Recommended articles
Interview with Joseph Oliver, an arbitrage sellers that made $462,000 in 2021 after being laid off for tha pandemic
Interview with Jon Elder, former Top 3,000 AMZ Seller $10M in anual revenue
The Product Insurance Guide for Amazon FBA Sellers, by My Amazon Guy
See you in 15 days!
Best,Jordi Ordóñez at jordiob.com