Latest news with #AmazonSellers
Yahoo
8 hours ago
- Business
- Yahoo
Amazon's Prime Day celebratory recap was missing one key metric that the tech giant usually reveals
Every year, Amazon holds a 'record' Prime Day, and every year the company boasts about the performance of the annual sales event in a press release. The self-congratulatory announcement isn't exactly absurd—given its size, any year-over-year growth is noteworthy. Last year, while Amazon didn't disclose the total number of items sold, it did note that independent sellers 'sold more than 200 million items during the Prime Day event.' In 2023, Prime members 'purchased more than 375 million items worldwide.' In 2022, that number was more than 300 million, and in 2021, it was north of 250 million. But this year, what stood out to this longtime Amazon watcher is that the company didn't disclose anything about the number of items sold. The last time it made that choice was 2020, when nothing normal was happening anywhere in the world, and Prime Day was moved from summer to October. Before that, you have to go back to the second-ever Prime Day in 2016 to find a wrap-up that didn't provide any update on the number of 'units' sold. It's unclear exactly why Amazon decided to withhold that number for 2025, but this Prime Day was odd for a few reasons. Sellers, and brands big and small, had to come up with different strategies to contend with tariff chaos. And they're trying to woo increasingly pessimistic consumers. Those factors could be weighing on the company's decision to withhold exact numbers. When asked about this year's missing metric, Amazon spokesperson Jessica Martin pointed Fortune to an Amazon blog post that shares facts about historical Prime Day events, but otherwise declined to comment on the absence of specific product sales tallies for 2025. To be sure, it's possible that this Prime Day was a success. An outside analysis from Adobe estimated that sales across online retailers overall increased by more than 30% during this year's four day Prime Day period, compared to last year. And Amazon said in this year's recap that the four days of Prime Day 2025 outsold any other four-day period that included previous Prime Days. But historically, the event hasn't run longer than two days. That means that previous years have included two prime days and two regular days, while this year included four prime days. It's unclear why the company would change the basis of comparison. We'll see if Amazon provides any more details in future earnings reports later this year. Until then, the missing metric raises questions about just how successful Prime Day really was. Are you a current or former Amazon employee with thoughts on this topic or a tip to share? Contact Jason Del Rey at jasondelrey@ or through messaging apps Signal and WhatsApp at 917-655-4267. You can also contact him on LinkedIn or at @delrey on X, @jdelrey on Threads, and on Bluesky. This story was originally featured on Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Why You Should Check Carefully Before Buying DeWalt Tools On Amazon
Let's start with a couple of things that are a given. First, DeWalt tools are as good as you'll find anywhere. Time after time, reviews of the best power tool brands ranked will put DeWalt on top. Their reputation for quality and durability is outstanding. Second, Amazon is always tough to beat on price. So, whether you're buying devices for DIY tasks or DeWalt tools that are game changers for yard and garden projects, shopping at Amazon would appear to be an obvious way to save a few bucks. Unfortunately, if you're not careful, you could run into trouble. Just about anybody can set up an account and sell via Amazon, so it's relatively easy for third-party sellers (as they are called) to offer DeWalt tools and equipment. The problems arise because many of these companies are not actually authorized by DeWalt. As a result, the tool could be counterfeit. If you do get a genuine DeWalt tool, the warranty could well be invalid. The tool might even be used. The situation is further complicated by the fact that Amazon also sells DeWalt tools, and in the past, there has been some confusion over whether they are authorized or not. So, how do you make sure you're buying safely and getting the real deal? Read more: Things You Should Never Buy At Lowe's, According To 10 Experts DeWalt's website is a good place to start. Tools usually have a 'BUY NOW' button with links to a choice of retailers. If the tool you're considering has a link to Amazon, it's legit, and you can click through. Alternatively, go to Amazon's site. Over on the right, under Amazon's 'Buy Now' button, they list who it "ships from" and who it's "sold by." If both lists you're good to go. However, if it's sold by a third party, you should start asking questions. They could still be genuine, but it would be wise to check who that company is. If you can't find any details about them, or they get a poor rating, shop elsewhere. Be very careful if it only says "shipped by" or "fulfilled by" Amazon, but not sold by them. This means the DeWalt tool is going through Amazon's warehouse or delivery system, but it's sold by a third party. You may be able to claim if there's an issue, but it's probably a situation you want to avoid. People often wonder if DeWalt tools are worth the hefty price tag, so it's nice to get a bargain when you can. Shopping at Amazon could be the solution, but make sure you know exactly who is actually selling the tool. Of course, DeWalt tools are also sold by Home Depot, Lowe's, and Acme Tools (among others), so it's always worth checking around for the best price before you buy. Enjoyed this article? Get expert home tips, DIY guides, and design inspiration by signing up to the House Digest newsletter! Read the original article on House Digest.
Zawya
5 days ago
- Business
- Zawya
Aspire Enables Global Amazon Sellers to Maximise Earnings with Free and Fast Payouts
SINGAPORE - Media OutReach Newswire - 10 July 2025 - Aspire, the all-in-one finance platform for modern businesses, has announced that it is now officially part of the Amazon Payment Service Provider Program. With this integration, Amazon sellers can now receive payouts from Amazon marketplaces directly into Aspire's local currency accounts on the same day with zero payout fees and foreign exchange charges when receiving in the same currency. By eliminating two of the biggest pain points for global sellers: costly fees and delays, Aspire helps sellers keep more of their hard earned money. While millions of merchants leverage Amazon's global reach, cross border payments remain a major hurdle for them. Cross border sellers often face high FX costs, long wait times to access funds, and limited visibility over their cash flow, all hidden costs that can eat into their margins. The integration directly addresses these challenges, delivering a seamless solution that moves at the speed and scale of modern commerce. With Aspire, Amazon sellers not only enjoy fast, free payouts in their preferred currency, but also benefit from cashback when using Aspire corporate cards to spend on Amazon Ads and other digital platforms. "We're proud to be part of the Amazon Payments Service Provider Program, to empower global sellers with the tools they need to grow without friction in an increasingly interconnected global marketplace," said Andrea Baronchelli, CEO and Co-Founder of Aspire. "Sellers should be able to move their money as freely as they move their products. With this integration, they can finally focus on scaling their business, not chasing their earnings." Aspire's participation in the Amazon Payment Service Provider Program reflects its broader mission to simplify financial operations for global ecommerce merchants. With multi-currency business accounts, seamless marketplace payouts, corporate cards and FX optimization, Aspire continues to develop innovative tools that remove inefficiencies in global payments to empower global sellers. To learn more about how to collect Amazon payouts on Aspire, visit Hashtag: #Aspire The issuer is solely responsible for the content of this announcement. About Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability. Aspire
Malay Mail
5 days ago
- Business
- Malay Mail
Aspire Enables Global Amazon Sellers to Maximise Earnings with Free and Fast Payouts
SINGAPORE - Media OutReach Newswire - 10 July 2025 -Aspire, the all-in-one finance platform for modern businesses, has announced that it is now officially part of the Amazon Payment Service Provider Program. With this integration, Amazon sellers can now receive payouts from Amazon marketplaces directly into Aspire's local currency accounts on the same day with zero payout fees and foreign exchange charges when receiving in the same currency. By eliminating two of the biggest pain points for global sellers: costly fees and delays, Aspire helps sellers keep more of their hard earned millions of merchants leverage Amazon's global reach, cross border payments remain a major hurdle for them. Cross border sellers often face high FX costs, long wait times to access funds, and limited visibility over their cash flow, all hidden costs that can eat into their margins. The integration directly addresses these challenges, delivering a seamless solution that moves at the speed and scale of modern commerce. With Aspire, Amazon sellers not only enjoy fast, free payouts in their preferred currency, but also benefit from cashback when using Aspire corporate cards to spend on Amazon Ads and other digital platforms."We're proud to be part of the Amazon Payments Service Provider Program, to empower global sellers with the tools they need to grow without friction in an increasingly interconnected global marketplace," said Andrea Baronchelli, CEO and Co-Founder of Aspire. "Sellers should be able to move their money as freely as they move their products. With this integration, they can finally focus on scaling their business, not chasing their earnings."Aspire's participation in the Amazon Payment Service Provider Program reflects its broader mission to simplify financial operations for global ecommerce merchants. With multi-currency business accounts, seamless marketplace payouts, corporate cards and FX optimization, Aspire continues to develop innovative tools that remove inefficiencies in global payments to empower global learn more about how to collect Amazon payouts on Aspire, visit Hashtag: #Aspire The issuer is solely responsible for the content of this announcement. About Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions - accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.
Yahoo
6 days ago
- Business
- Yahoo
Amazon's tariff-clouded, seller-confused, AI-researched, weirdest Prime Day ever
If you look back 10 years to the first and original Amazon Prime Day sales event, you can squint and see the outlines of today's annual discount shopping extravaganza. But some of the details, and a lot of the external environment, have dramatically changed since. The 2025 Prime Day version is a four-day long event that kicks off on Tuesday July 8, up from two days in 2024, and—as the name would still suggest—a single day affair during the inaugural 2015 event. Like many businesses these days, independent Amazon sellers, who account for around 60% of Amazon sales, are contending with the dilemma of how to handle the ongoing U.S.-induced tariff chaos, and how it should or shouldn't impact their Prime Day strategies. In conversations with Fortune, sellers have relayed two main strategies. Some will discount as normal to drive top line sales that can increase cash flow and boost Amazon rankings. Others plan to play it safe amid tariff and profit-margin pressure but know they risk losing out on increased sales volume and getting a leg up on competitors. Some sellers who stocked up on inventory early this year ahead of expected tariff increases are slashing prices as usual in hopes of reaping the Prime Day sales boost, while others would rather hold their low-tariff inventory and sell it at full price to bank more of a profit cushion in advance of what could be worsening tariff costs. For Amazon customers, there's a new calculus as well. Some will ponder whether now is the right time to cash in on deals—perhaps doing some early back-to-school shopping—before future tariff pressure potentially leads to inflated prices. President Trump has said that most 'reciprocal' tariffs will now go into effect in August instead of this month. It's the latest curveball for U.S. businesses waiting, and hoping, for some level of stability and predictability. Other Prime customers may wait to search for deals or sit out the shopping event altogether. The company that manages Amazon sales for brands like Crocs and Apple-owned Beats, for example, said that Prime Day sales were down 14% year-over-year in the first four hours versus the same period last year, according to Bloomberg. Of course, it's possible that consumer demand will simply be more spread out across the four days of Prime time versus last year's two-day event. Then there's the AI equation. On Amazon's own site and app, consumers can use Amazon's Rufus shopping assistant to compare deal prices to the product's price over the last 30 or 90 days. But Amazon doesn't appear to be pushing the assistant in a materially more aggressive way than normal. That said, more people are researching deals via generative AI chatbots and assistants like ChatGPT and Perplexity. Adobe has said that it expects web traffic from generative AI sources to increase by more than 3,000% year-over-year this Prime Day. Overall, Adobe is still predicting that online sales on Amazon and beyond—many top retailers run discount promotions online the same week as Prime Day—will increase more than 28% over last year during the same July 8 – July 11 timeframe. That's a notable sales bump for a US e-commerce industry that has typically been growing less than 10%.But with so much uncertainty hanging over consumer brands and over consumer spending right now, Prime Day 2025 feels like the most unpredictable Prime Day ever. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
