Listen "E610: Amazon Has Massive Q2 Ecom Growth"
Episode Synopsis
Today, Dave summarizes the most important points sellers should know about from Amazon's Q2 earnings — highlighting an impressive 10% growth, breaking out of the 6% streak they've been seeing for years. However, there's a slight caveat to these good news. This doesn't mean that people are buying more from Amazon. Listen in to find out. Get mystery shopped for your brand and 2 competitors of your choice FOR FREE! Stord will provide a detailed report that outlines the specific areas you are out performing your competitors and where your competitors are outperforming you. Learn how your consumers truly experience your brand today! The Big Takeaways E-commerce sales grew 10% year over year, a significant increase. FBA fees also grew at a rate of 11%, matching e-commerce sales growth. Advertising costs for sellers are rising significantly, up 23% year over year. To avoid getting bled out slowly, sellers need to make sure their options are properly set. Amazon's growth may not be as positive as it appears on the surface. Sellers should consider raising prices in response to increased costs. Timestamps 00:00 - Amazon's Q2 Earnings Overview 01:56 - E-commerce Growth Analysis 06:45 - FBA Fees and Advertising Costs 12:18 - Conclusion and Key Takeaways As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested. Don't forget to leave us a review on iTunes if you enjoy our content. Thanks for listening! Until next time, happy selling!
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