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Major Changes for Amazon Sellers: CPSC Recall Ruling, Temu Supplier Revolt, FBA & Policy Changes!
Manage episode 432760649 series 3389901
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In this livestream, we dive deep into the latest Amazon seller news and updates that could reshape your business strategy.
-Amazon Recall Ruling: The U.S. Consumer Product Safety Commission (CPSC) has ruled that Amazon must recall unsafe products sold by third-party sellers on its platform. This landmark decision is a wake-up call for all sellers, as Amazon is now required to take full responsibility for ensuring the safety of products sold through its marketplace. We’ll discuss the implications for sellers and what steps you should take to stay compliant.
-Temu Supplier Backlash: Temu, a rising online marketplace, is facing serious backlash from its suppliers in China after changing its business model to recruit Amazon merchants with U.S. and EU-based warehouses. We'll explore the ripple effects of this move and how it might impact Amazon sellers.
-FBA Transformations: Industry expert Kevin King warns that significant changes are coming to Amazon FBA due to Amazon's and Walmart's new strategies. With the rise of direct factory sales and increased competition from low-cost Chinese products, we discuss how these shifts could impact your FBA business and what you can do to stay ahead.
-Policy Updates: Amazon has announced new policies for Seller-Fulfilled products, including stricter On-time Delivery Rate (OTDR) requirements and revised Shipping Settings. Starting September 2024, these changes could drastically affect sellers who rely on traditional shipping methods. We’ll break down these updates and provide actionable tips to help you adapt.
Stay informed and ahead of the curve with our detailed analysis and expert advice on how these changes could affect your Amazon business!"
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