Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week #1 📈
Amazon announced its quarterly results this week — third-party seller services & advertising continue strong YoY growth [Amazon IR]
Chart of the week #2 📈
In “Amazon not yet back to normal” Marketplace Pulse digs into 1P sales which are trending sidewards — Amazon’s marketplace growth is much driven by 3P sellers.
Benchmark of the week 🎯
Powered by Xapix - reach out to us for custom insights for your products.
In celebration of the upcoming pets days, here’s a deep dive into recent pets performance on Amazon.com:
Operationalizing Product-level Benchmarks
Benchmarks are now becoming even more powerful - and actionable: The Xapix Operations Assistant alerts on profit opportunities based on benchmark performance, and allows merchants to track day-to-day performance against benchmarks. That’s what the Pet Supplies Benchmarks then look like in Action:
Movers & Shakers 💪
Canada: EMERGE Reports Full Year 2022 and Q4 Results [Yahoo Finance]
Strategy 📈
Amazon ads keeps growing (23% YoY to 9.5B in Q4)
“Amazon Pet Day will offer 48 hours of pet deals May 2 and May 3” [About Amazon]
Amazon has quietly removed editorial recommendations from search results [Modern Retail]
“Pinterest announces multiyear ads partnership with Amazon alongside earnings beat” [Techcrunch]
“India warns e-commerce giants, urges adoption of open network” [Techcrunch]
“How eBay’s authentication process pulls in the most dedicated sneakerheads” [Retailbrew]
“Amazon’s Mideast Rival Noon Cuts 10% of Jobs to Pare Costs” [Bloomberg]
“Competitors swoop in to win over Bed Bath & Beyond’s former customers” [Modern Retail]
“Startup e-commerce platform Temu expands to Europe” [Reuters]
“UPS profit falls on lower e-commerce demand” [Yahoo Finance]
Events 🎤
Shoptalk Europe, May 9-11, Barcelona, Spain - ⚠️ While the first wave of signups are closed, brands can still apply for the “hosted retailer” program for a paid trip to the event in Barcelona. More info here.
Seller Sessions Live, May 13, London, UK
Seller Barcamp, May 19, Dortmund, Germany
Make this week count 🙌
Christian