π¦ The Order : Weekly Aggregator Roundup - Amazon Seller Profitability SMB & Enterprise
Issue #97
Happy Sunday,
Hereβs a quick roundup of last weekβs news :
Chart of the week:
Jungle Scout published gold this week, the β2023 State of the Amazon Sellerβ report is full of great stats. Here are my top 3 insights from it (stats are seller reported):
And thereβs something great on marketplace velocity too:
Funding Craze π°
No new rounds announced this week.
Movers & Shakers π€
US: Greg Greeley keeps expanding his leadership team: βThrasio Names Steven Shure President and Chief Commercial Officerβ [PR Newswire]
US: Designer Brands. Inc (parent to DSW Designer Shoe Warehouse) doubles down on owned DTC brands with Keds acquisition and exclusive Hush Puppies brand license [Retail Touchpoints]
UK: Heroes adds childrenβs travel brand Trunki [Insider Media]
Strategy π
βThe Junkification of Amazon: Why does it feel like the company is making itself worse?β [NY Magazine]
Despite the German economyβs struggles (which also impacted eCom in Q4), the market remains a key expansion market for sellers: βAmazon Briefing: To protect against an economic downturn, more Amazon sellers are considering expanding to Europeβ [Modern Retail]
Omni-channel & tech platforms are the name of the game, else valuations are down, target acquisition size up, but you knew that since last spring: ββWeβre buying great assets at 20% to 30% lower pricesβ: How Amazon aggregators have evolved in 2023β [Modern Retail]
Port-to-porch with the help of Shopifyβs Flexport partnership: βShopify is trying to lure sellers away from Amazon by promising seamless shipping and VIP access on container shipsβ [Business Insider]
Shein is expanding beyond its consumer-to-manufacturer model & launching its marketplace in the US: βShein Marketplace is coming to the USβ [Marketplace Pulse]
βWholesale Brands Want to Be the New DTC Disruptorsβ [Business of Fashion]
βProject Texas: The Details of TikTokβs Plan to Remain Operational in the United Statesβ [Lawfare Blog]
Events π€
Prosper Show, Mar 13-15, Las Vegas, NV
Shoptalk, Mar 26-29, Las Vegas, NV
Seller Sessions Live, May 13, London, UK
Make this week count π
Christian