HOT TOPIC
"For whatever reason, there is now a change in the extent to which Amazon's search rankings give preference to their own products," said Joel Waldfogel, professor of applied economics at the University of Minnesota's Carlson School of Management.
In his email to The Register, Waldfogel discloses his study of eight million Amazon search listings across 22 Amazon domains in the US, Europe, and elsewhere, between late June 2023 and March 2024. His research was titled "Amazon Self-preferencing in the Shadow of the Digital Markets Act".
Quick Recap
In September 2023, the US Federal Trade Commission sued Amazon, alleging biased search results – among other things.
Amazon has denied the allegations. "Our ranking models do not differentiate on the basis of whether the product is sold by Amazon Retail or a Seller or whether it is an Amazon product or a third-party product," Amazon reported.
Europe’s Digital Marketers Act (DMA) called Amazon a gatekeeper. They urged them to comply with new policies.
Key Findings
What does it mean for sellers?
For now, Amazon has lessened its self-preferencing tendencies. But the competition to rank remains the same. It’s still open for debate if this change will do harm or good to both buyers and sellers alike.
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BITES OF THE WEEK
SOCIAL PULSE
TikTok has announced 3 innovations to keep their promise of creating a “brand-safe environment for advertisers.”
Updates on TikTok Inventory Filter
The Inventory Filter launched in 2022. It allowed advertisers to control where the content will appear in the For You feed. Now, it has expanded to include additional controls. Advertisers can choose from three inventory tiers—Expanded, Standard, or Limited—based on sensitivity or risk levels.
Unified Hub in TikTok Ads Manager
Brand Safety Hub has also launched. It aims to streamline brand safety and create cohesion for advertisers.
All these updates give you more control and confidence when showcasing your brand via TikTok Ads.
SELLER REFRESHER
Product photos influence customers' purchasing decisions by providing visual information about your product. High-quality photos can enhance customer satisfaction, maintain brand reputation, and reduce return rates.
Amazon offers 6 tips to help you give customers the best visuals possible.
By following these tips and utilizing available resources, brands can create compelling product photos that attract customers and drive sales in any ecommerce marketplace.