Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week #1: YTD Sales Performance
Based on the US Consensus March Retail Data (US Consensus Bureau) Jason Goldberg visualizes a strong 2024 thus far with retail sales in Q1 up 2.8% YoY.
Chart of the Week #2: Prime domination
Techspot highlights in “Amazon Prime US customer numbers jump 8% to 180 million, an all-time high” how Prime penetration in the US as a share of its customer base reaches 75% (!). Bloomberg also covered this.
Chart of the Week #3: Temu’s ad blast
Edgewater Research highlights a recent spike of Temu Ad Campaigns on Meta
Temu’s Moves
In “Temu sets up US warehouses” Marketplace Pulse highlights Temu’s evolution to add a marketplace model on top of it’s consisting consignment model.
Strategy 🦈
Amazon cuts international selling fees on cheap clothing [The Information]
Virtual try-all: Visualizing any product in any personal setting [Amazon]
Amazon brings its ‘Amazon Live’ shoppable livestreams to Prime Video and Freevee [Techcrunch]
Inside Amazon’s Secret Operation to Gather Intel on Rivals [Wall Street Journal]
This couldn’t stop its growth: “Amazon Prime Video viewers have been ditching shows because of its error-plagued catalog system, leaked docs show” [Business Insider]
European operations push: “Amazon invests over €700mn in robotics and AI-powered technologies” [InternetRetailing]
Connecting Italy and Germany: “Amazon launches rail service” [eCommerce News]
The next business segment? '“How Amazon Became the Largest Private EV Charging Operator in the US” [Bloomberg]
TikTok Faces Washington Reckoning as Divest-or-Ban Vote Nears [Bloomberg]
Zando launches international unit to counter Shein and Temu in South Africa [Reuters]
India: “D2C brands spend big for q-commerce presence” [The Economic Times]
Events 🎤
Pattern Accelerate, May 9-10 in Salt Lake City
Amazon Ads Developer Summit, May 16-17 in New York
Shoptalk Europe, Jun 3-5 in Barcelona
Amazon Accelerate, Sep 17-19 in Seattle
Make this week count 🙌
Christian