Amazon lends $1 Billion to Amazon sellers….

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Reuters reports that Amazon has lent $1 Billion to Amazon sellers in the past 12 months. More than 20,000 sellers have accepted money from Amazon lending and half have taken a second loan from Amazon. Amazon sellers say the interest rates are between 6 and 14% and the loan amounts range from $1,000-$750,000. Amazon hopes … Read More “Amazon lends $1 Billion to Amazon sellers….”

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FBA usage continues to grow…

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According to Market Pulse, FBA usage among marketplace sellers has grown in all countries. From 2015 to 2016, FBA penetration doubled to 1 billion units! In 2016, third-party shipments via FBA was at 55%, up from 40% 2 years before. Notably, most of that growth happened outside the United States. The gold rush in the … Read More “FBA usage continues to grow…”

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Will’s Top 5 Criteria For Picking Products…

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Picking products is one of Amazon sellers’ biggest issues when looking to start or grow their Amazon business. Here are my top 5 thoughts when selecting a product: Sales Potential, not passion. It’s not about passion, it’s about sales. If you want to make a lot of money, you must choose products that attract a … Read More “Will’s Top 5 Criteria For Picking Products…”

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Amazon is massively discounting Prime membership…

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TechCrunch reports. It’s no secret. The two competing businesses are trying their best to take on each other’s strong points. Lately, Wal-Mart is targeting Amazon Prime by providing free delivery on the shipment of various items within two days. Amazon on the other hand has begun offering cash payments on delivery to its customers. Further, … Read More “Amazon is massively discounting Prime membership…”

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Amazon Go— The Cashier Free Grocery Store…

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This one is a few months old, but we figured some may still not know about it. According to Fortune, Amazon revealed this revolutionary concept last year in December in their new Amazon go stores. Amazon Go enables customers to enter the shop with their smartphones after they have installed its mobile app. The Go … Read More “Amazon Go— The Cashier Free Grocery Store…”

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