Rahul Saraswat’s Post

Wayfair to offer consolidated deliveries, similar to Amazon's Day Delivery #fulfillment #logistics #amazon #wayfair ✒️ Highlights from the article 1️⃣ Wayfair will offer consolidated delivery, similar to Amazon's Day Delivery option, allowing customers to have multiple deliveries dropped off simultaneously. 2️⃣ The consolidated delivery option will help improve efficiency and increase sales by decreasing shipping costs despite increased volume. 3️⃣ Wayfair has yet to confirm the exact date when the consolidated delivery will be available to customers, but it will be implemented shortly. 4️⃣ Along with consolidated delivery, Wayfair will also offer free white glove delivery for large items or those that require installation and has reportedly improved its data analytics to optimize delivery schedules.

UPS Volume Pressures Point to Amazon’s Success With Ecosystem Buildout: The pressures confronting UPS may point to wider seismic shifts with eCommerce and the last mile. As the shipping giant gears up for a restructuring and layoffs, it may be Amazon that benefits, having made inroads with its efforts to cement fulfillment services with merchants and third-party sellers. UPS will cut 12,000 positions, equating to a bit less than 3% […] The post UPS Volume Pressures Point to Amazon’s Success With Ecosystem Buildout first appeared on PYMNTS.com. #opnplatform #b2bpayments #openpackagingnet

📢 Amazon recently announced that they were making some changes to Seller Central fees starting in March of 2024. Their goal was to get more products to more customers quickly by sending less items to more warehouses. It’s mostly good news for Sellers, but if you don’t prioritize inventory to Amazon, or if you choose not to participate, you might face additional fees on top of what you already pay. Read below for some of the specifics:  🔹 Inbound Placement Fee: a new fee for those who decide they’d rather not send to more locations, averaging around $0.27/standard item and $1.58/big and bulky item. 🔹 Fulfillment by Amazon (FBA) fees reduced by ~$0.20-$0.61 depending on the item’s size. 🔹 For apparel items under $15, referral fees will decrease from 17% to 5%. Apparel items over $15 will be reduced from 17% to 10%. 🔹 Fulfillment fee discounts ranging from $0.04-$0.32 offered to items shipped in their own product packaging (Ship in Product Packaging, formerly SIOC). 🔹 Low-inventory-level fees will be enforced if item inventory levels are low relative to unit demand. 🔹 Non-peak monthly storage fees will be reduced by an average of $0.09/cubic foot. 🌟 At the Amazon Accelerate conference, Amazon shared that 1P represented 60% of revenue on the platform in 2018 - now, this number sits at 40%.  Many 1P businesses continue to face difficult vendor term negotiations without the ability to adjust pricing for inflation, or increased labor/manufacturing costs.  The last round of layoffs and strict cost controls on Amazon’s part are also working as intended - Q4 2023 was their most profitable quarter ever. So, how does this impact us as Vendors and Sellers? 🔸 Vendors will continue to see more requests for term increases and face pushback on cost increases that are necessary for marginal success. 🔸 Sellers, who have historically paid a huge share of their profit in fees, will be getting a break, but only if they participate the way Amazon would like. What have you been experiencing on your 1P/3P business with Amazon? Drop any helpful insights in the comments below! Follow Keystone Commerce for more Amazon insights! #Amazon #ecommerce #1P #3P

UPS is facing pressures in the eCommerce landscape and is planning layoffs, which could benefit Amazon, as the latter expands its fulfillment services for merchants. The company will cut about 3% of its workforce following declines in shipping volumes. Amazon's influence in the market is growing, with its eCommerce sales share increasing, and it continues to develop its own logistics operations, potentially shifting shipping volumes away from traditional carriers like UPS. https://lnkd.in/eVjpPRRa

Amazon’s new seller fees for FBA in the US that were supposed to go into effect on the 1st April have now been delayed. Amazon wants to give sellers time to adjust so they can see how the fees will really impact their business.  Amazon will still charge the low-inventory-level fees for April however sellers will be credited for all fees charged at the end of the month. Hopefully with this delay, sellers can gain a better understanding of their inventory management and can see what adjustments they will have to make.  Dharmesh Mehta, Amazon’s Vice President wrote “Our goal is to help our selling partners learn in real-time if they need to make adjustments to avoid the fee in the future. In addition, this will provide time for the majority of sellers to see that they will not be impacted by this fee, and for those that do incur a fee on some units sold, it will most often be a rare case".  What are your thoughts on the new fees and grace period, and do you think they will have a massive impact for sellers? You can read Dharmesh’s original post here: https://lnkd.in/edVqpnzh #toucan #amazon #amazonads #amazonagency #amazonadvertising #marketingagency #london #ecommerce #amazonfba #amazonprime #amazonfees 

🚀 Great News for Amazon Sellers I’m excited to share some fantastic news for our community of Indian Amazon sellers. Amazon has announced a reduction in referral fees, effective September 9th! 🙌 This change is a game-changer for us in several ways: - Reduced Costs: Lower referral fees mean we can expand our product catalogs and offer more competitive discounts. - Better Margins: Improved profit margins will help us grow our businesses more effectively. - Increased Opportunities: This adjustment is likely to attract more sellers to the platform and provide additional support for small businesses like ours. With the festive season approaching in Q4, this couldn’t have come at a better time. It’s great to see Amazon making such a positive move that will benefit us long-term, beyond just the festive period. Read more on this here : https://lnkd.in/gYiRxxg4 #AmazonSellers #FeeReduction #Ecommerce #SmallBusiness #AmazonSelling #GrowthOpportunities #IndianSellers

Amazon and UPS just announced their 2024 peak season rate hikes. While peak season rate hikes may be inevitable, there are ways to offset the increased cost. Whether it's negotiating better discounts, evaluating alternative carrier methods, or optimizing other areas of your supply chain, there are in fact ways to minimize the impact of peak season rate increases. Taking a broader approach to cost savings can pay off in the end. If you're looking for ideas, reach out and we can help identify them for you. SupplyChain247

Dear Network, Please take a look at the important insights derived from Amazon’s Q4 earnings. 3 major focus areas: 1) speed of delivery prioritized by consumers 2) international growth continues in ecommerce 3) Third party sellers increasing their business in Amazon #ecommerce #fulfillment #internationalgrowth

Exposing stock to the risk of selling almost always pays off. The gain of lower shrinkage is clearly a lesser benefit to the loss of sales and transfer of goodwill to your competitor. #thinkdisruption #retail #supermarket #strategy #disruptiveinnovation #businessmodel #platform