Witz Group ’s Post

We kicked off work on an Amazon account in July '24, and within just a month, we achieved the highest revenue – though we had to compromise slightly on ROAS but still was better than historic performance of account. Fast forward to September '24, and once again, we hit our highest revenue, this time with a strong ROAS of 6.74. Now, before anyone says it’s just the “Festive Season” driving these results, let me tell you: we actually saw a drop in ROAS during the ongoing sales period (screenshot added in Comment). But thanks to some smart, strategic moves, we not only bounced back but surpassed our previous performance. #amazonads #PerformanceDriven

Amazon has introduced a new, more budget-friendly fee structure designed to help you boost sales on your listings. Here's the scoop:   ✅ Tier 1: Enroll 1 to 2 units per parent ASIN and enjoy up to 2 Vine reviews for free. ✅ Tier 2: Enroll 3 to 10 units per parent ASIN and access 10 Vine reviews for just $75. ✅ Tier 3: The existing tier—enroll 11 to 30 units per parent ASIN and receive up to 30 Vine reviews for $200.   This fantastic update opens doors for new sellers looking to accelerate their sales growth without breaking the bank.   If you're ready to seize this opportunity and supercharge your business, head over to Amazon Vine today and enroll in one of these new fee tiers! #amazon #amazonfba #amazonbusiness

Amazon has introduced a new, more budget-friendly fee structure designed to help you boost sales on your listings. Here's the scoop:   ✅ Tier 1: Enroll 1 to 2 units per parent ASIN and enjoy up to 2 Vine reviews for free. ✅ Tier 2: Enroll 3 to 10 units per parent ASIN and access 10 Vine reviews for just $75. ✅ Tier 3: The existing tier—enroll 11 to 30 units per parent ASIN and receive up to 30 Vine reviews for $200.   This fantastic update opens doors for new sellers looking to accelerate their sales growth without breaking the bank.   If you're ready to seize this opportunity and supercharge your business, head over to Amazon Vine today and enroll in one of these new fee tiers! #amazon #amazonfba #amazonbusiness

Amazon sellers, are you also concerned about the implementation of the low inventory level fees? Here's some mixed news. 1. Amazon's extends it by just one month, as the low inventory fees doesn't go live yet. 2. It is however expected to return in May. We hope Amazon's team takes our feedback seriously and cancels this implementation altogether. Let's raise our voice and stand together for fair business practices. #amazon #fba #Amazonseller #ecommerce #voiceofseller

How Amazon uses scarcity and urgency: 1) Low stock alerts, e.g., "Only 3 left" 2) Tags products as “Limited-time deal” 3) Shows “X bought in the last hour” 4) Offers exclusive discounts for Prime members 5) Uses flash sales like “Lightning Deals” to create urgency

Amazon's $140B in fees and we're still struggling with seller support. As the Founder & CEO of Gigabrain, managing over 20 active Amazon brands, I see firsthand the challenges sellers face. Amazon's profits are soaring. Shareholders are happy. But sellers? Not so much. Here’s what we need from Amazon: - Improved Seller Support: The current system is frustrating. Getting answers shouldn't feel like rolling an 8-ball. - Fee Reductions or Discounts: With $140B in fees collected, it's time to lighten the load. Programs offering fee discounts for fewer returns or bulk services would be a start. These changes won't just help sellers. They’ll benefit consumers too, who ultimately bear the brunt of fee increases. Hoping Andy Jassy and the Amazon team hear us out. Let's make Amazon better for everyone. #Amazon #Ecommerce #BusinessGrowth

Sales over the course of Amazon Prime Big Deal Days grew 42% year over year for some sellers. Check out the article: https://lnkd.in/gWR2v9dd #VENDO #MarketplaceNews #amazon #amazonprime #bigdealdays

Amazon hits pause on fee rollout, but is it enough? 🛍️ Amazon pauses controversial fee for April 2024, giving sellers time to adjust. 🔍 FTC probes impact as sellers express mixed reactions. 💡 Some consider leaving Amazon or raising prices to cope. 📦 Amazon suggests using AWD service to avoid fees. Will this move ease seller concerns or just delay the inevitable? ~~~ ✍️Will Amazon's fee pause help sellers adjust? ♻️ Reshare if this resonates with you. 💌 To never miss insights subscribe to MarketMaze. Link in bio #Amazon #DharmeshMehta #FTC

Avoid selling on amazon in 2024, Yes you read that right. Drawing from my experience , I can provide two compelling reasons to avoid amazon ✅Don't have the enough capital: If you don't have at least $8,000, survival in the competitive marketplace could be an uphill battle.  ✅Overnight Success is a Myth: Dreaming of overnight riches? Selling on Amazon is not a get-rich-quick scheme. If you're expecting instant wealth, the reality might be disappointing. Set realistic expectations and be prepared for the long game #AmazonSellers #amazon #amazonfba #fba #sellers #ecommerce #amazonadvertising

🚀 Exciting News for Amazon Sellers! 🚀 Great news, everyone! Amazon has just announced a brief reprieve from the controversial low-inventory fee that was set to take effect on April 1st. While the fee will still be charged as planned, Amazon will credit affected sellers back at the end of April, creating a "transition period" to assess its impact. Dharmesh Mehta, Amazon's Vice President, stated, "We have heard feedback from a number of sellers that they are uncertain about how, if at all, the new fee will impact their business." To address these concerns and provide clarity, April 2024 will serve as a grace period for sellers to understand the fee's implications without bearing the immediate financial burden. This move has been met with relief and appreciation from many sellers, alleviating some of the widespread angst sparked by the fee's announcement. However, it's clear that challenges persist, with some expressing frustration over the fee's concept and rollout. These developments underscore the dynamic landscape of e-commerce, where sellers must navigate evolving policies and fees. While challenges exist, it's crucial for sellers to stay informed and adaptable to ensure long-term success on the platform. #fba #amazon #AmazonSellers #ECommerce #Adaptability #BusinessStrategy