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  • Peek into 2024, Amazon’s New Fee and Metric, Etsy’s Christmas Blackout, China Consuming eCommerce - This week in Amazon & eCommerce - Dec 27

Peek into 2024, Amazon’s New Fee and Metric, Etsy’s Christmas Blackout, China Consuming eCommerce - This week in Amazon & eCommerce - Dec 27

Peek into 2024, Amazon’s New Fee and Metric, Etsy’s Christmas Blackout, China Consuming eCommerce - This week in Amazon & eCommerce - Dec 27

After this year, we’re on the edge of our seats…

1. Big shifts in the 2024 landscape: Key predictions include the shift from traditional search bars to conversational AI for customer interactions, a potential partnership between Walmart and TikTok, a trend of retailers bringing their retail media in-house, and Amazon's increased personalization of its Connected TV ads. [Learn more]

2. Amazon announces new fee, and new metric: Amazon has launched a new metric to help FBA sellers avoid a forthcoming low inventory fee by maintaining optimal stock levels, using machine learning to recommend minimum inventory. In spite of the new metric, aimed at boosting sales and delivery efficiency, the new fee has sparked seller concerns about its business impact. [Learn more]

3. Etsy goes down a week before Christmas: Etsy sellers reported difficulties accessing the site due to a "too many requests" error, impacting listing and shopping activities. The issue was acknowledged by Etsy as a "Checkout Issue," and progressed from "Investigating" to "Resolved" in fairly short order. [Learn more]

4. Is China consuming the whole ecommerce process?: Chinese ecom giants Shein and Temu are expanding rapidly in the U.S, fueled by tens of thousands of sellers, most of which are Chinese. Their growth, with Shein's estimated GMV at $40 billion and Temu's at $15 billion in 2023, underscores the threat to US ecommerce that the ‘made, sold, and marketed by China’ model poses. [Learn more]

Thank you for sharing your year with us,

Isaiah Fritz, Joe White and the OSP Team

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