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  • Bezos says "batten down the hatches," Subscription Boxes, and Shopify Growth- This Week in Amazon & eCommerce - Nov 17

Bezos says "batten down the hatches," Subscription Boxes, and Shopify Growth- This Week in Amazon & eCommerce - Nov 17

This week in Amazon & eCommerce - Nov 17

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Consumers may be spending more cautiously this season

1. Jeff Bezos warns of nearing recession.  The billionaire is encouraging small businesses and families to wait on big purchases or investments and focus on saving money instead. Amazon executives evidently agree with their former CEO as the company has been cutting costs and laying off more and more employees in recent weeks. [Learn more]

2. Chinese sellers are gaining market share on Amazon. Since November of 2020, Chinese sellers have lost ground in the ever-running seller race. Since March of 2022 however, they've gained back their losses and are charging forward. Losses were due to Amazon shutting down sellers that were wrongly gaining customer reviews.  [Learn more]

3. Would a subscription box help your business? The Amazon subscription box business doubled between 2013 and 2018, and the pandemic fueled growth further. Customers often prefer regularly and effortlessly receiving their favorite products, and even trying new ones with the boxes. [Learn more]

4. Shopify poised to contend as a fully-fledged marketplace. The online selling platform is showing growth potential with the limited rollout of a universal search. Such a feature would allow consumers to browse all of Shopify's merchants as opposed to a limited selection, which is more significant given the fact that it hosts brands that are often unavailable elsewhere. [Learn more]

5. Amazon is cutting back on Alexa and cloud gaming. In resounding woes regarding the current state of ecommerce, Amazon continues to cut staff, extending to the Alexa, Cloud Gaming, and other divisions looking to cut about 10,000 jobs. [Learn more]

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Isaiah Fritz and the OSP Team

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