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AMZTools #8: Amazon inflation surcharge: more than a 5?, Amazon Pet Day extravangaza and more
Check the last news on Amazon and other US marketplaces
First of all, let me welcome the new members.
We have already 218 subscribers and a +40% open rate.
Mind blowing, so thank you all!
📰 What you need to know
On April the 28th, Amazon started charging sellers a 5% fuel and inflation surcharge based on fulfillment fees (not your sale price) but, wait, is it just a 5%? Read Michael Patron’s breakdown:
FBA small and light threshold increases to $10. Looks like a great time to do the math again on your P&L
Amazon US: Lightning Deal submissions will close on April 29
Amazon UK: Lightning Deal submissions closing on May 13
According to our friend Jon Elder (aka Black Label Advisor), Amazon is hosting a 24 hour extravaganza for the Pet category called Amazon Pet Day
Lockdowns in Shanghai are creating a massive clusterf—k, check this 2 tweets:
Ryan Petersen (CEO at Flexport) filtered their data with just container ships, which looks a better, tbh:
Chinese Sellers Don't Want to Rely on Amazon
Sellics signs agreement with Ascential, the company behind Perpetua.io, Flywheel, RetailWeek or the World Retail Congress
Marketplace startups combined raised $22.8B in Q1 2022, a slowdown with a 34% decrease from Q4 2021 ($34.6B) and a 28% decrease from Q1 2021 ($31.5B), according to Adevinta’s Dealroom.co
Like the newsletter? Help me spread the word :)
Helium 10 is hosting the Sell + Scale Summit on 20-22 September, 2022 in Las Vegas. Speakers include:
Kevin King: are you kidding? the man needs no intro!
Jana Krekic: founder of 7-figure Amazon dedicated translations agency - YLT
Bradley Sutton: Director of Training & Chief Evangelist at Helium 10
And they have a 25% discount for you:
Sellers Summit, Ft Lauderdale, Florida - 5.4.2022 - 5.6.2022. Check some of the speakers:
Eric Bandholz Founder BeardBrand.com
Toni Anderson Founder The Oil Collection
Mike Jackness CEO EcomCrew.com
Brad Moss Former Head Of Seller Central at Amazon
Steve Chou Founder MyWifeQuitHerJob.com
Seller Velocity conference 2022 is taking place in Bend, Oregon, April 28 & 29. Awesome speakers featuring:
Chris Berry Strategic and Emerging Brands team at Amazon
Krystel Abi Assi CEO at Amazon Sellers Society and Sellers Society
Pacvue’s Q1 2022 CPC Report
Will Amazon have to ground its drone program?
Amazon is a "chokehold" on China's cross-border e-commerce: People's Daily overseas edition
Making a Pet Supplies Brand Competitive and Profitable
Trying to buy a microSD card proved to me that Amazon is becoming a scammers' paradise
🧐 Recommended tools
Last week I had the pleasure to record a video demo with Ian Kaneshiro at Seller Snap, an awesome repricer based on the game-theory featuring an AI-Powered Repricer, lots of custom repricing strategies and a Seller Analytics dashboard.
You can get a 30% discount during the first month using our code “Jordi30%“
ZonGuru has developed 4 key metrics to help sellers quickly decide whether to dig deeper into a product or move on to the next. These 4 important metrics are:
Buyer Demand → How in demand the product is
Investment sweet spot → How much sellers need to invest to stay competitive
Revenue potential → How much sellers stand to earn
Competition opportunity → How fierce the competition is
Last week I was in a meeting with Matt Browne, Managing Director at Ackrite International and he showed me a spectacular and totally under-the-radar tool: Scale Insights.
I have tried dozens of tools for advertising but, man, check this. This is insane!
For as low as $29 you can have:
An analytics tool: SalesTrends, Orders & Returns
P&L tool: ProductsROI, Inventory Value, COGS
Forecasting tool: Forecasting, Inventory Restock & Management
Ads insights: Performance & Actionable Insights
The Ads tool: Automate Ads Optimization (7 goals and 11 custom rules) + Mass Campaign editor + Create Bulk Campaigns
I’m actually messing around with the trial and it looks awesome.
See you in 15 days!
Jordi Ordóñez at jordiob.com