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📈 STAT OF THE WEEK
More than half of products purchased on Amazon are now sold by third-party sellers, according to new research, and the company makes about $32 billion in sales from those services. That makes it the second largest revenue segment, after products and ahead of AWS.
The quest to offer free two-day delivery has forced retailers like Walmart and Target to spend billions on distribution infrastructure. It’s also forced smaller retailers to hand off selling, warehousing and shipping to a growing roster of startups and giants like FedEx and UPS—not to mention Amazon itself.
Press Release Teikametrics’ new Retail Optimization Platform (ROP), Teikametrics Flywheel, will allow thousands of sellers and brands to use the world’s first algorithm focused on optimizing Amazon Advertising for product level profitability. Sellers…
Instagram is the best place to connect with your friends and interests all in one place – and shopping is an essential, growing part of the Instagram community. In fact, more than 90 million accounts now tap to reveal tags in shopping posts on Instagram every month. Today we’re announcing two updates that make it…
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