Tag: Amazon

Amazon has published its annual U.S. Amazon Small Business Empowerment Report, highlighting the company’s commitment to supporting small and medium-sized businesses (SMBs) through investments, innovations, and strategic initiatives. In addition, the report showcases how Amazon’s collaboration with independent sellers has led to increased product sales, job creation, and expanded global reach.   Currently, more than 60% of sales on Amazon’s platform come from independent sellers, predominantly SMBs, conveniently providing consumers with an extensive range of products at competitive prices. This data highlights the enduring partnership between SMBs and Amazon, illustrating the resilience of entrepreneurs who thrive despite challenging economic conditions.  Remarkable Growth  According to the Amazon Small Business Empowerment Report, independent sellers on Amazon’s U.S. platform achieved remarkable growth in 2022,… Read more »

Amazon has recently announced its latest advancements in counterfeit prevention for customers, brands, and selling partners with the publication of its third annual Brand Protection Report. This new report aims to further strengthen Amazon’s anti-counterfeit measures to provide a safer and more trustworthy shopping experience for all. Counterfeiting is a global problem that harms legitimate businesses and puts consumers at risk. According to the International Chamber of Commerce, the global economic value of counterfeiting and piracy is estimated to cost $4.2 trillion. This is a significant threat to the economy, jobs, and public health and safety. Amazon Brand Protection Report The Amazon Brand Protection Report focuses on four key areas: Increasingly Deterring Bad Actors: Amazon’s robust seller verification, including connecting… Read more »

Amazon has started flagging up “frequently returned” products on its marketplace. The label is being rolled out to encourage consumers to carefully check item descriptions and product reviews before purchasing. In addition to reducing returns, the move will help consumers identify misleading product descriptions and poor-quality products. Amazon has a solid reputation for its free and no-quibble returns policy. However, in recent years, the eCommerce giant has also been fighting the scourge of fake reviews and counterfeit, low-quality, and deceptively marketed products. No matter how easy it is for consumers to return these products, it still represents a poor customer experience and accounts for significant costs and environmental impact. The Problem with Marketplace Buyers In many ways, Amazon is a… Read more »