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  • The Top Supply Chain Visibility Software Vendors According to the FeaturedCustomers Spring 2024 Customer Success Report
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Category: Business

Why Unified Enables Dropshippers to Safely Dropship on Amazon

Posted on February 10, 2023 By NewsEditor
Why Unified Enables Dropshippers to Safely Dropship on Amazon

Why Unified Enables Dropshippers to Safely Dropship on AmazonWhy Unified Enables Dropshippers to Safely Dropship on AmazonWhy Unified, a global dropshipping leader, announces a new hybrid fulfillment addon that makes dropshipping possible on Amazon.

Why Unified
…

Business

Miss Florida & Social Media Star Talk Influence, Expansion and Philanthropy

Posted on February 10, 2023 By NewsEditor
Miss Florida & Social Media Star Talk Influence, Expansion and Philanthropy

Miss Florida & Social Media Star Talk Influence, Expansion and PhilanthropyMiss Florida & Social Media Star Talk Influence, Expansion and PhilanthropyNew Podcast Episode of “Living the Red Life” Features Lindsay Bettis

Rudy Mawer & Miss Florida Rudy Mawer Interviews Miss Florida 2022, Lindsay B…

Business

Noble Industries and OmniWallUSA Announce Expansion of a New Warehouse and More Metal Fabrication Automation

Posted on February 9, 2023 By NewsEditor
Noble Industries and OmniWallUSA Announce Expansion of a New Warehouse and More Metal Fabrication Automation

Noble Industries and OmniWallUSA Announce Expansion of a New Warehouse and More Metal Fabrication AutomationNoble Industries and OmniWallUSA Announce Expansion of a New Warehouse and More Metal Fabrication AutomationThe fifth expansion for Noble Industries is a result of tremendous success with their OmniWallUSA wall organization system.

Noble Industries Expans…

Business

The Marketplace 50 Set to Honor Excellence in the Multi-Vendor Ecommerce Space

Posted on February 9, 2023 By NewsEditor
The Marketplace 50 Set to Honor Excellence in the Multi-Vendor Ecommerce Space

The Marketplace 50 Set to Honor Excellence in the Multi-Vendor Ecommerce SpaceThe Marketplace 50 Set to Honor Excellence in the Multi-Vendor Ecommerce SpaceNew awards platform created to recognize excellence in those who build, operate, and enable multi-vendor ecommerce marketplaces

The Marketplace 50 …

Business

New Orleans Workers Use Flexible Work to Fatten Their Wallets on Fat Tuesday

Posted on February 9, 2023 By NewsEditor
New Orleans Workers Use Flexible Work to Fatten Their Wallets on Fat Tuesday

New Orleans Workers Use Flexible Work to Fatten Their Wallets on Fat TuesdayNew Orleans Workers Use Flexible Work to Fatten Their Wallets on Fat TuesdayThe flexible work app, Instawork, matches a network of on-demand hourly workers with Louisiana businesses

Instawork launches in New Orleans Insta…

Business

Edison Aerospace partners with Aveo Engineering for LED lighting

Posted on February 7, 2023 By NewsEditor
Edison Aerospace partners with Aveo Engineering for LED lighting

Edison Aerospace partners with Aveo Engineering for LED lightingEdison Aerospace partners with Aveo Engineering for LED lightingThe Advanced Green AgTech Edison Aerospace aircraft is a step closer to take-off with Aveo Engineering LED lighting products. MIAMI, Florida – Edison Aerospace, the world’s first full-size Agricultural electric aircraft maker, is thrilled to announce its new partnership with Aveo Engineering. Together, they will create the world’s first true Read more…

Business

National Automotive Supplier Providing Child Care Benefits to Keep Up With Supply Chain Demand

Posted on February 7, 2023 By NewsEditor
National Automotive Supplier Providing Child Care Benefits to Keep Up With Supply Chain Demand

National Automotive Supplier Providing Child Care Benefits to Keep Up With Supply Chain DemandNational Automotive Supplier Providing Child Care Benefits to Keep Up With Supply Chain DemandTOOTRiS Child Care On-Demand and TOYOTA BOSHOKU AKI USA, LLC partner as the automotive supplier continues to grow and add employees

TBAKI & TOOTRiS…

Business

Platform Pay (PlatformPay.io) Offers Useful Tips for Secure and Successful Shopping in 2023

Posted on February 7, 2023 By NewsEditor
Platform Pay (PlatformPay.io) Offers Useful Tips for Secure and Successful Shopping in 2023

Platform Pay (PlatformPay.io) Offers Useful Tips for Secure and Successful Shopping in 2023Platform Pay (PlatformPay.io) Offers Useful Tips for Secure and Successful Shopping in 2023Platform Pay (PlatformPay.io): A Leader in Billing and BPO Solutions, Gives Tips for Successful and Secure Online Shopping

Platform Pay PlatformPay…

Business

Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023

Posted on February 7, 2023 By NewsEditor
Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023

Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023Jungle Scout’s annual State of the Amazon Seller Report reveals insights from sellers on the state of their business, including their profits, pain points, and priorities for 2023.

Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023
Jungle Scout’s 2023 State of the Amazon Seller Report


AUSTIN, Texas, February 7, 2023 (Newswire.com)
–
Today, Jungle Scout, the leading all-in-one platform for e-commerce sellers, released its 2023 State of the Amazon Seller Report, a study of more than 2,000 Amazon sellers, from entrepreneurs to major brands, that reveals key trends, challenges and opportunities in e-commerce. The report finds that 89% of Amazon sellers are profitable to start 2023, and the majority plan to expand their global footprint and diversify their marketing strategies in the year ahead.  

Key insights from the report include:

89% of Amazon sellers are profitable, up from 85% a year ago, and despite concerns around inflation, 37% of sellers say their profits increased in 2022.  

Opportunistic Amazon sellers are diversifying and expanding their reach.

  • 61% of Amazon sellers already sell on at least one other e-commerce platform, leading with eBay, Shopify, and Walmart. Still, 52% say they will expand to additional platforms in 2023 — up from 25% who said the same a year ago.
  • 45% of Amazon sellers operating in the U.S. marketplace also operate in at least one other international marketplace. 
  • 50% of global Amazon sellers will explore selling in additional international markets in 2023 — up from 25% who said the same a year ago. Brazil, Turkey, and Japan are among the fastest-growing global Amazon marketplaces.

Social media marketing is key for Amazon sellers, with TikTok and YouTube ads trending up and Facebook and Instagram ads trending down.

  • 41% of Amazon sellers use social media marketing to promote their products, up 15% from those who did so a year ago.
  • While Amazon sellers still favor Facebook and Instagram advertising (respectively, 67% and 49% of sellers who market on social media use these platforms), their popularity is down from a year ago.
  • 31% of Amazon sellers using social media marketing use TikTok ads, up 65% year-over-year. These sellers’ use of YouTube and Snapchat advertising also grew 86% and 41%, respectively, demonstrating growing demand for video content.
  • Nearly half of Amazon sellers (49%) plan to work with social media influencers to promote their products in 2023.

Amazon seller concerns center on the rising costs of goods, shipping, and advertising.

  • Although fewer Amazon sellers lost sales due to supply chain disruptions in the past year (46% did in 2022 compared to 74% in 2021), sellers still raise concerns over the fluctuating costs of shipping, storage, and goods from global suppliers.
  • 36% of Amazon sellers are also concerned about inflation impacting their business in 2023.

“Amazon is constantly evolving, and e-commerce is constantly optimizing. Still, Amazon sellers continue to prove that they know how to pivot in 2023,” said Mike Scheschuk, President of Small & Medium Business at Jungle Scout. “This year, we expect to see Amazon sellers exploring new strategies to help them stay ahead of the curve, including expanding into international markets, bringing their brand to new e-commerce platforms like Shopify or Walmart, or promoting their brand on TikTok to drive awareness and sales.”   

See the full report for trending insights on sales, profitability, popular product categories, and more, as well as the methodology. 

About Jungle Scout

Jungle Scout is the leading all-in-one platform for e-commerce sellers, supporting more than $50 billion in annual Amazon revenue. Founded in 2015 as the first Amazon product research tool, Jungle Scout today features a full suite of best-in-class business management solutions and powerful market intelligence resources to help entrepreneurs, up to the world’s largest brands, manage their e-commerce businesses. Jungle Scout is headquartered in Austin, Texas, and supports 10 global Amazon marketplaces.

Contact Information:

Cathryn Hurdle

Public Relations Strategist

[email protected]

(613) 639 9067

Original Source:

Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023

Business

New Survey Data Shows Innovation Teams at Large Companies Are Focusing More on Near-Term Initiatives, but Internal Politics and Culture Remain Top Challenges

Posted on February 7, 2023 By NewsEditor
New Survey Data Shows Innovation Teams at Large Companies Are Focusing More on Near-Term Initiatives, but Internal Politics and Culture Remain Top Challenges

New Survey Data Shows Innovation Teams at Large Companies Are Focusing More on Near-Term Initiatives, but Internal Politics and Culture Remain Top ChallengesNew Survey Data Shows Innovation Teams at Large Companies Are Focusing More on Near-Term Initiatives, but Internal Politics and Culture Remain Top ChallengesInnoLead has released a 2023 update to its popular Benchmarking Innovation Impact research with KPMG LLP.

Benchmarking Innovation Impact 2023 Repor…

Business

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