Amazon has announced that UK sellers will now face a charge due to the implementation of a Digital Services Tax by the UK government. The global retailer has decided to put this 2% fee rise on the sellers and it will be introduced on September 1, 2020. However, Amazon has decided that they will not backdate the fee to the start of the tax year, even though it officially applies to all revenue earned after April 1.
The COVID 19 pandemic has shocked the entire world, changed the international supply chain, and has affected all types of businesses. The world is facing an extraordinary crisis and the experts predict that all the business scenarios will be completely changed after the end of this pandemic. Unfortunately, the week players will disappear, and the strong businesses will be affected.
The only business sector that is growing is the online business. Retailers and physical brands that are facing several short term challenges in terms of the supply chain, manpower, cash flow, consumer demand, and marketing. The successful navigation on these issues will not guarantee a bright future. This is because once we get through this pandemic, and overcome it, we will emerge in a much different world. According to the current analysis, to ensure a future in which we will not only survive but also grow is by selling your products on Amazon. It will not only help the retail business to earn but will also provide the opportunity to get their business to the next level.
Amazon Prime Day is a two-day event each year in which the retail giant runs incredible discounts and offers across a range of products for Prime members only. While Prime Day usually falls in the middle of summer, a time in which many businesses are thriving and customers are looking to spend money, 2020 is vastly different for obvious reasons. With the current global COVID-19 crisis, many businesses are struggling to keep their heads above water, while customers are counting the pennies more than ever.
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.
Report reveals key demographic and product breakdown for Amazon sellers....
This news comes more than two months after Amazon imposed restrictions on FBA quantity limits in all major markets including the US. This has been part of an incremental “re-opening” of the market that is operating quite closely to the incremental phases that governments are...
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.