Happy Sunday,
Here’s a quick roundup of last week’s news :
Prime Day in Numbers 🥁
Key Prime Day stats by Numerator:
98,462 Prime Day Orders
34,185 Unique Buyers
172,398 Items Purchased
Major Autopilot update: automated opportunity identification & listings updates in <1min
Curious to try it out? Start for free here.
Chart of the week 📈
The current top 15 global marketplaces according to Similarweb - as of July 01 2023:
Strategy 📈
First Day of Prime Day was the Single Largest Sales Day Ever on Amazon, Helping Make This the Biggest Prime Day Event Ever [Amazon]
Using both MCF and FBA for order fulfillment increases US sellers’ Amazon.com sales revenue by 38% on average [Amazon]
How Amazon harnessed its influencer network to create buzz and sell products around Prime Day [Business Insider]
Amazon Prime Day Invite-Only Deal Targets Buyer Frustration [Bloomberg]
Amazon Stores CEO Doug Herrington explains how Amazon’s helping other retailers get in on Prime Day [Amazon]
Gene Munster Sees 'Massive Opportunity' For Amazon In Retail And Logistics, Expects Investors To Be Rewarded [Bezinga]
Next level copyright infringements: “Temu Sellers Are Cloning Amazon Storefronts” [Wired]
Tennessee is topping the list (!): Americans spend an average of $91.75 on Amazon each month—these are the 10 highest-spending states [CNBC]
Shopify’s AI Assistant Sidekick: “Shopify to launch AI assistant for merchants“ [Reuters]
Shein is trying to broaden its appeal by luring luxury brands like Stuart Weitzman and Paul Smith to sell products on its marketplace [Business Insider]
An e-commerce CEO is getting absolutely roasted online for laying off 90% of his support staff after an AI chatbot outperformed them [Business Insider]
Events 🎤
Amazon Selling Partner API DevSummit, July 25-26, Seattle, US
Amazon Accelerate, Sep 12-14, Seattle, US
Amazon Ads unBoxed, Oct 24-26, New York City, US
Have a successful Prime Day week 🙌
Christian