Online Prices Plunge, Amazon's Battle Against Scammers and Expansion Delays, Etsy's Middle East Support - This week in Amazon & eCommerce - Nov 1

Which should lead to some strong Q4 Sales…

1.  September 2023 Sees Record 41-Month Low for Prices: In September 2023, online prices saw a significant 4.6% year-over-year drop, hitting a 41-month low, as reported by Adobe's Adobe Digital Price Index (DPI). This decline marked the 13th consecutive month of year-over-year price decreases. [Learn more].

2. Amazon’s Lawsuit to Protect Authors and Publishers: Amazon has taken legal action by filing a lawsuit in the Northern District of California against nearly 20 individuals and associated companies who falsely claimed affiliation with Amazon services, such as Amazon Publishing and Kindle Direct Publishing.[Learn more].

3. Amazon's Global Expansion Hits a Pause: Amazon's plans to launch new marketplaces in Chile, Colombia, Nigeria, and South Africa in early 2023 have been delayed, marking the first year of skipped expansions for the company since it has launched in ten new markets annually for the past six years. [Learn more].

4. Etsy’s Support and Relief in Israel and Palestine: Etsy is extending a helping hand to sellers in the Israel and Palestine region amid challenging times, with the company confirming its direct outreach to offer support, including fee waivers, deferred bills, and an extension of Star Seller status. [Learn more].

Thank you for sharing your day with us,

Isaiah Fritz, Joe White and the OSP Team

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