How COVID-19 & Social Distancing is Boosting eCommerce
Covid-19 pandemic is boosting eCommerce as millions of online users who have changed their behavior to save time, money, and avail convenience are putting a lot of pressure on eCommerce and online retailers. If we look around, every survey, report, and analysis shows results that eCommerce has boomed up to many folds because of this pandemic and it is expected that this boost will remain effective for many months to come.
Start Selling on Amazon to take Advantage of Online Sales Boost
The COVID 19 pandemic has shocked the entire world, changed the international supply chain, and has affected all types of businesses, however only business sector that is growing is the online business. There is no better time to launch an Amazon Business than now. Start selling today & take advantage of boost in eCommerce.
Amazon Prime Day Scheduled for October 2020
Good news for Amazon Sellers! Amazon Prime is scheduled for October with revealed date to be in first week of the month.
Freight Costs Continue to Rise From China to USA
China to US West Coast prices climbed 7% to $2,796,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 USA.
Amazon Tests Screening New Merchants Via Video Calls
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 will display Seller Information on store page
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.
Incoterms for Amazon & eCommerce Sellers
Amazon Sellers uses Incoterms in product-sourcing contracts. Incoterms clarify the obligation, method, and place of goods delivery by the product supplier. The most commonly used terms by Amazon sellers are EXW, FOB, and DDP.