Amazon.com announced that Fourth Quarter 2017 sales were up 38% over 2016.
Amazon is diving deeper into fulfillment with their business to consumer delivery service called “Shipping with Amazon,” or SWA. It will initially be rolled out to third party merchants in the Los Angeles area and will expand from there. Sources say that they will directly compete with and undercut the pricing of UPS and FedEx. Sources say it will be available to the general public.
Want to attend a free conference hosted by Amazon? Head on over to Glasgow, Scotland in the UK for the Amazon Academy on April 17th. The next one will be in Cardiff in Sept. They’ve already hosted them in London and Manchester which were attended by more than 1,200 entrepreneurs. Topics include FBA, global selling, amazon business and handmade. Registration HERE.
Walmart continues to leverage their stores to boost their market share in all arenas. They have added a new feature to their mobile app called the Store Assistant. Capabilities include an integrated shopping list which includes pricing and a map that is unique to the store you are in with the exact location of the items on your list. This is an area Amazon will not be able to dive into as a shopping list with pricing at Whole Foods will just keep people away. The Store Assistant app will also help resellers who source at Walmart.
eBay launched their new, Always Open on eBay division to support sellers who also own physical retail stores. The stores can co-brand with eBay to drive additional sales and even get a sticker for their window telling customers that they are always open on eBay. eBay CEO Devin Wenig struck a blow to Amazon when he said, “We have a humanistic vision of what technology can do. It isn’t about the drones and the robots. It’s about people. It’s about small businesses. It’s about using technology to make people competitive and vibrant and to put life into communities, and not take it out.” eBay sellers must apply to part of this program. APPLY HERE.
In what is sure to be a new trend, Porsche’s classic cars division, has turned to 3D printing to make obscure and older parts available to customers. They already have about 52,000 parts available. 3D printing them as needed is much cheaper than manufacturing them. I predict that this will come to more automotive and appliance companies as well in the coming years.