Amazon invests in new tools to help sellers grow their business
This year Amazon is going to invest $15 billion in new tools, services and programs designed to assist its third-party sellers.
Since the start of 2019, Amazon has launched 150 tools and services to help marketplace vendors grow their sales on Amazon, the ecommerce giant said in the press release.
Some of the recently released tools include initiatives such as Seller University, which is an online portal for sellers to learn how to better set up their Amazon marketplace pages, follow laws and regulations for certain products and how to grow their business using Amazon, reports digitalcommerce360.com.
Tools like Sold by Amazon help sellers manage the pricing of their products in Amazon’s stores, while fulfillment tools like Target Inventory Levels allow sellers to better manage their Fulfillment by Amazon (FBA) inventory and, in turn, increase sales,
In addition to tools and services, investments go towards programs such as Amazon Storefronts, Amazon Handmade, Amazon Launchpad, Amazon Business, Fulfillment by Amazon, Amazon Global Selling, Merch by Amazon, writes esellercafe.com.
“Small and medium-sized businesses are the lifeblood of the economy, and we are committed to empowering them. Ultimately, our success depends on their success”, said Nicholas Denissen, Amazon vice president of small business.
More Amazon news
Lost or damaged inventory at Amazon FBA warehouse
How to get reimbursement for items lost in transit to Amazon FBA When you ship items to Amazon.com, you expect them to be delivered and received into your inventory with no problems, but this isn’t always the case. Items (and sometimes boxes or shipments)...
Amazon Alexa listens and transcribes everything you say
Amazon Alexa transcripts cannot be deleted You can delete voice recordings so Amazon can't listen to your conversations with Alexa anymore, but text records are a different story. Amazon doesn't need to hear your voice recordings to know what you've said....
Jeff Bezos unveils plans to send a spaceship to the moon
"It's time to go back to the moon, this time to stay" The billionaire unveiled his unmanned lunar lander Blue Moon and spoke of his hopes to send people to the moon by 2024. Jeff Bezos has announced he is going to send a spaceship to the moon, reports SKY...