[Crew Review] What 3P sellers can expect from Amazon’s new CEO

Numbers

1 Month Later

It’s been more than a month since Andy Jassy took the reins from Uncle Jeff. He will soon be a household name just like Tim Cook did when he became Apple’s CEO.

Although he doesn’t tolerate incompetence, Jassy is often described as kind and empathetic.

Will he be the same to third-party sellers?

50,000+ Chinese Accounts Banned

Chinese brands make up almost half of all Amazon accounts and the majority of the top sellers. Recently, however, many of them are disappearing from the platform because of review violations.

Over 50,000 Chinese sellers had their accounts banned on Amazon, and now, they’re looking for other channels to sell their products on.

This move is incentivized by China’s tech hub Shenzhen as it offers a 2 million yuan subsidy (around $308,000) to merchants who sell on Amazon and who have been affected by the review fraud crackdown.

To qualify for the subsidy, independent stores must meet the following requirements:

  • Must have started operations before 2019
  • Monthly sales of at least $300,000

It’s easier to not feel as bad about using fake reviews on Amazon when you have this kind of government support waiting for you.

No. 1 - Amazon Surpasses Walmart’s Sales

People are spending more online, so it isn’t that surprising when Amazon finally beat Walmart’s sales during the past 12 months. The Everything Store raked in around $610 billion while the king of brick-and-mortar only had $566 billion in sales.

With more shopping done online, Walmart needed to increase its efforts. They started using their physical stores as fulfillment centers and even opened up their site to non-US vendors. But these moves were not enough to protect its title as the number 1 retailer outside of China.

Walmart once dethroned Sears. It’s not unlikely that Amazon will do the same to Walmart if this trend continues beyond the most recent 12-month period.

1 Proposed Law, Over 150,000 Amazon Products Affected

Amazon sent a really interesting email to some third-party sellers. If you didn’t receive it, here’s the gist: They want to talk to you to get your support against a proposed law that’s endangering their private-label brands.

Amazon claims that they contacted a small number of sellers to make them aware of the dangers of the proposed legislation because it can potentially affect small and medium-sized businesses.

The set of bills will make it harder for Big Tech companies to discriminate against other business owners using their platforms

The emails were more of a preventative move to protect their own products.

How exactly will the proposed law affect third-party sellers?

7FSS, 25+ Ecommerce Experts

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If you want to build, scale, and exit your Amazon and e-commerce business (even if you’re starting from scratch), you don’t want to miss the 7 Figure Seller Summit.

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From 0 to 100

Sellers who are new to FBA often make expensive mistakes.

Inexperience is costly, but you don’t have to lose thousands of dollars to learn your lesson. The best approach is to know what the experts already do.

So we’ve created a course called From 0 to 100 - Amazon for Absolute Beginners to serve as your guide.

It includes more than 20 HD lessons across 5 modules. You’ll have access to the first module immediately after signing up, and we’ll release the others on a weekly basis.

You’ll also be able to join 3 exclusive webinars, where we go more in-depth about each lesson. The first webinar is later today, so you’ll have a few hours to decide if you want to join us live.

Even if you’re already an experienced seller, you’ll find this course helpful as a resource for your employees. You’ll have lifetime access to the course, so this can be part of your training program.

The best news is we’re offering it at 50% off. Just enter the code LAUNCH50 upon checkout.

Get the course and join us for the webinar later today.

Older messages

[50% Off] New to FBA? Here’s the course for you.

Wednesday, August 18, 2021

Hey Reader, Here are some concerns of a new Amazon seller. Can you relate? I'm already selling the same products on the same platform. How can I compete? Good reviews lead to early sales. But I

[News] The end of Amazon’s private-label brands?

Tuesday, August 17, 2021

Hey Reader, A proposed law is threatening Amazon's private-label brands. Now, they're asking for your help. What does this mean for you? From the Blog The Two Biggest Throttles in Your Amazon

[Crew Review] What NOT to do when you get a bad review

Friday, August 13, 2021

Safeguards To save face and reduce the number of times it has to go to court, Amazon has always required sellers to hold product liability insurance, but rarely ever enforced it. A Tuesday announcement

Back-to-School Shopping in Full Swing [Top Terms]

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Hey Reader, Welcome again to our Top 10 Terms Newsletter! Several new products have made their way into Amazon's top search terms this week, like 'exacto knives' or 'luncheaze'. We

[Study] When to separate brands into different companies

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Hey Reader, It's a cool thing to be able to say you're the CEO of multiple companies. However, there are practical matters to consider before deciding to separate your existing brands. Should

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