Amazon's Seller Surge and Grocery Dash, Walmart Health's Closure, eBay's 2 Week Terror - This week in Amazon & eCommerce - May 1

Huge flood of competition…

1. 5 Million new competitors in the market: Every day, over 2,000 new sellers join Amazon, significantly contributing to its vast marketplace, which has grown by nearly 5 million sellers since 2018. While the top 1% of these sellers drive more than half of Amazon's sales, many new sellers struggle to gain traction in the marketplace. [Learn more]

2. Amazon aiming to heavily compete with brick and mortar: Amazon has launched a new grocery delivery subscription for Prime members and EBT cardholders across over 3,500 U.S. cities. For $9.99 per month, Prime members receive unlimited grocery deliveries on orders over $35 from Amazon Fresh, Whole Foods, and local retailers, with the subscription costing $4.99 for EBT cardholders. [Learn more]

3. Walmart facing healthcare challenges: Walmart has announced the closure of its 51 Walmart Health centers and Walmart Health Virtual Care due to an unsustainable business model, driven by challenging reimbursement rates and high operating costs. [Learn more]

4. eBay sending incorrect addresses and paying for it: eBay has informed sellers of a system error that led to incorrect shipping addresses being provided for nearly two weeks starting April 7th. The company advised sellers to verify addresses for unshipped orders and cancel any affected ones, promising to protect seller ratings and refund fees. The issue has raised concerns among sellers, particularly regarding shipments already sent and the reliability of eBay's system moving forward. [Learn more]

Stay tuned… Special scoop coming soon!

Check out some recent trends from EcomTrendFinder!

Thank you for sharing your day with us,

Isaiah Fritz, Joe White and the OSP Team

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