Happy Sunday,
Hereβs a quick roundup of last weekβs news :
Chart of the week π
Is a record number of US prime users going to push Prime Day to new heights? Insider Intelligence in their focus report think so. According to its forecast US Amazon Prime sales will grow nearly 10% this year to reach $8.03 billion with consumer electronics expected to lead the categories.
Benchmarks π―
Conversion rate benchmarks play a critical role in fine-tuning your tactics around product listing & advertising optimizing. We are looking at main & subcategory levels to identify trends and derive suitable actions. Hereβs a current snapshot on the automotive space on Amazon.com.
Want to see benchmark at play in combination with automated product listing optimization? Apply for access here.
Movers & Shakers πͺ
Potentially more consolidation & a focus on profitability:βE-commerce roll up startups Evenflow and Upscalio lose sheen as funding dries upβ [Entracker]
Strategy π
A valuable deep dive from Hahnbeckβs founder on the evolution of the rollup mania - from fba to SaaS: βLessons Learnt From The FBA Aggregator Mania For Software Rollupsβ [Rollup Europe]
Amazonβs demand-side platform is evolving: βAmazon's new pitch to advertisers is aimed at stealing dollars from Google and The Trade Deskβ [Business Insider]
βAmazon sellers say they were kicked off site after unknowingly hawking stolen goodsβ [CNBC]
βShein wants to be the next Amazon Marketplace. It's already dealing with counterfeits and copyright issuesβ [Business Insider]
βIndia's Flipkart begins customer lending in bid to boost salesβ [Techcrunch]
βGoogle kills its shopping marketplaceβ [Marketplace Pulse]
βStartup e-commerce platform Temu expands to Japanβ [Reuters]
βH&M expands its marketplace offeringβ [eCommerce News]
β80 D2C Brands That Are Disrupting Indiaβs Consumer Marketβ [Inc42]
Events π€
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 π
Christian