Author: Adam Merchant

At the beginning of July, China to US West Coast prices climbed 7% to $2,796, a figure that loomed a worrying 76% above the levels of July 2019. Similarly, the East Coast prices also climbed 3% to $3,458, 23% higher than the levels seen last year. This news came about a third consecutive General Rate Increase on Chinese goods coming into the country at the start of July thanks to a rise in importer demand. Some importers have even been seen attempting to add Peak Season Surcharges to their prices.

Amazon announced this week that, due to the long-awaited finalisation of Brexit, the FBA operations in the UK will be separated from Europe come 1 January 2021. This means that UK sellers who had previously been making the most of European Fulfillment Network or Pan-European FBA benefits will no longer be able to do so.

Online retail and e-commerce giant, Amazon, is currently piloting an initiative in which merchants will be required to use video conference tools in order to verify their identity. This new plan is being considered as a possible solution in the battle against seller fraud without requiring any physical meetings amidst the current COVID-19 pandemic.

Amazon announced a major change for sellers on its USA marketplace, this week as part of an update that will be introduced in the near future. Amazon Sellers will soon be required to display both their business name and their address on their seller profile pages. Merchants who work as individual sellers will be required to input their own personal name and address.

Amazon offers plethora of tools to help sellers launch, promote & effectively market products in order to maximize sales and revenue. Discounts and promotions are a powerful marketing tools that allow Amazon sellers to gain more customers and in turn increase sales. Promotions allows you to offer incentives to potential buyers in quickly reaching their purchase decision. At this moment, Amazon Australia offers two types of promotions namely Percentage Off & Buy One - Get One.

You probably have a successful Amazon business on its one of many marketplaces and now you are looking to expand into Australian Marketplace too or may be you are starting off for the first time, well whatever the reason, signing up with Amazon requires methodical approach to plan and successfully run your business. Today we will explore how non-Australian businesses can start a profitable Amazon selling business.

Incoterms also known as trade terms, constitute the basic elements of international contracts of sale and are widely used in trade and commerce. Incoterms 2020 are valid from 1st January 2020 and they give clarity to the parties engaged in trade deals regarding what to do with respect to carriage of the goods from buyer to seller, and export & import clearance. They also explain the division of costs and risks between the parties.