As inflation hit a “four-decade high” over the past years, fraud, theft, and shoplifting incidents rose among physical stores. Hence, retailers are forced to literally lock away high-value items like medications and cosmetics.
What others view as an unfortunate situation was an opportunity for Amazon, which then marketed Amazon Pharmacy as a “digital alternative.”
But this isn’t the biggest 2024 move from the retailer. Read on to know what is. 👇
AMAZON NEWS
Earlier this year, talks of an Amazon low-priced storefront became a hot topic among ecommerce players and experts. And recently, CNBC confirmed that it’s finally happening (despite experts saying it’s a bad idea).
ICYDK, Amazon just launched Amazon Haul (beta). As promised, product offerings are priced at $20 or less. There’s even free shipping and returns for eligible orders!
👀 The deets
Here are the perks and caveats of the new storefront.
🆕 A ‘new’ Amazon?
Amazon Haul is definitely different from the Amazon we know. For starters, it’s abandoning the fast delivery it’s known for. Besides, “haul” is based on the idea that shoppers are willing to wait longer to save money on their orders.
Another thing, Amazon Haul will import each item directly from manufacturers in China—the same as Shein and Temu. This is contrary to inviting more 3P sellers to diversify their catalog.
If given the chance, would you sell on Amazon Haul? Let us know by replying to this email! 🖱️
TOGETHER WITH WALMART MARKETPLACE
Earlier this year, talks of an Amazon low-priced storefront became a hot topic among ecommerce players and experts. And recently, CNBC confirmed that it’s finally happening (despite experts saying it’s a bad idea).
ICYDK, Amazon just launched Amazon Haul (beta). As promised, product offerings are priced at $20 or less. There’s even free shipping and returns for eligible orders!
👀 The deets
Here are the perks and caveats of the new storefront.
🆕 A ‘new’ Amazon?
Amazon Haul is definitely different from the Amazon we know. For starters, it’s abandoning the fast delivery it’s known for. Besides, “haul” is based on the idea that shoppers are willing to wait longer to save money on their orders.
Another thing, Amazon Haul will import each item directly from manufacturers in China—the same as Shein and Temu. This is contrary to inviting more 3P sellers to diversify their catalog.
If given the chance, would you sell on Amazon Haul? Let us know by replying to this email! 🖱️
BITES OF THE WEEK
TACTIC TALKS
With the holiday shopping rush on the way, social shopping can help your brand shine. Selling directly on social media brings buyers right to you—easy and interactive!
🤳 According to Forbes, here’s how to make it count in the social media scene this season:
💥 Ending the year on a high note
Social shopping brings you closer to customers than ever before! Use these tips to build buzz, boost sales, and wrap up the season strong.