Thu10292020

Robins Global News & Noticias



Presidential Debates | COVID-19 Map Tracker | COVID-19 News Features


  • Career Exam Study
    Career Exam Study
  • E-commerce Guide
    E-commerce Guide
  • Dropshipping Guide
    Dropshipping Guide
  • Microsoft Exam
    Microsoft Exam
  • IT Career News
    IT Career News

RobinsPost News Network

+ Larger Font | - Smaller Font
Share

Consumer Daily Reports

Consumer News: Amazon’s third-party sellers enjoyed record-high sales this Prime Day

Photo
Photo (c) NoDerog - Getty Images
Amazon said its Prime Day sales event led to its third-party sellers earning more than $3.5 billion this year. The company said that figure represents an increase of 60 percent compared to last year.  

“This Prime Day delivered the two biggest days ever for third-party sellers, nearly all of which are small and medium-sized businesses,” the company said in a release published Thursday. “Sellers saw record-breaking sales, surpassing $3.5 billion in total across 19 countries.” 

Third-party sellers’ Prime Day earnings have grown at a level that even Amazon’s own retail business hasn’t seen, the retailer said. 

Third-party seller success

Amazon said third-party sellers are an important part of its operation and that it’s committed to fostering the success of small and medium-sized businesses. 

"Amazon is on track to invest $18 billion this year to help small and medium-sized businesses succeed in its store, and designed this Prime Day to support small businesses even more—including funding a promotion that helped drive over $900 million in sales for small businesses in the two weeks leading up to Prime Day," the company said.

Amazon has more than 2.3 million small and medium-size businesses selling products on its marketplace. Products sold by these businesses account for around 60 percent of Amazon sales, according to the company.

Last year, third-party merchants made more than $2 billion in sales during Prime Day. 

Antitrust scrutiny

Amazon’s framing of Prime Day 2020 as a successful event for third-party sellers comes amid scrutiny over its treatment of those same merchants. Amazon was recently accused of releasing products through its private-label brand that are nearly identical to some sold by third-party sellers. 

Lawmakers concluded that Amazon uses third-party seller data to find out which items are popular, which raises concerns over how it uses its power to stifle competition.

“Amazon’s pattern of exploiting sellers, enabled by its market dominance, raises serious competition concerns,” the U.S. House Judiciary Committee antitrust subcommittee said in a report released earlier this month.



Posted: 2020-10-15 18:53:55

Get Full News Story On Consumer Affairs


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.



YouTube Consumer News Playlists

Consumer Video: 2021 Lexus IS First Impressions; 2022 GMC Hummer EV Preview | Talking Cars #278


Related Videos On: 2021 Lexus IS First Impressions; 2022 GMC Hummer EV Preview | Talking Cars #278

Published: 23rd Oct 2020 04:00:12   By: Consumer Reports

Consumer Video: The Way Forward | Consumer Reports


Related Videos On: The Way Forward | Consumer Reports

Published: 21st Oct 2020 04:57:05   By: Consumer Reports

Consumer Video: The Most Important Auto Safety Feature You've Never Heard Of | Consumer Reports


Related Videos On: The Most Important Auto Safety Feature You've Never Heard Of | Consumer Reports

Published: 20th Oct 2020 06:00:05   By: Consumer Reports

Consumer Video: 2021 Genesis GV80 First Impressions; 2022 Volkswagen Taos Preview | Talking Cars #277


Related Videos On: 2021 Genesis GV80 First Impressions; 2022 Volkswagen Taos Preview | Talking Cars #277

Published: 19th Oct 2020 10:00:02   By: Consumer Reports

Consumer Video: Mattress Buying Guide | Consumer Reports


Related Videos On: Mattress Buying Guide | Consumer Reports

Published: 10th Oct 2020 12:00:11   By: Consumer Reports

Car Video: Cheap Sports Cars - Boxster, Corvette, 370Z - TV Season 4 Ep. 3 | Everyday Driver


Related Videos On: Cheap Sports Cars - Boxster, Corvette, 370Z - TV Season 4 Ep. 3 | Everyday Driver

Published: 15th Oct 2020 08:15:13   By: EverydayDriver

Car Video: Bought a Cheap Sports Car - $7,500 Cheap Sports Car Challenge - What we bought | Everyday Driver


Related Videos On: Bought a Cheap Sports Car - $7,500 Cheap Sports Car Challenge - What we bought | Everyday Driver

Published: 1st Oct 2020 10:19:16   By: EverydayDriver

Car Video: Toyota 86 vs Supra 2.0 - Step Brothers - TV Season 7 Ep.4 | Everyday Driver


Related Videos On: Toyota 86 vs Supra 2.0 - Step Brothers - TV Season 7 Ep.4 | Everyday Driver

Published: 24th Sep 2020 08:20:56   By: EverydayDriver

Car Video: Porsche Cayman Generations (987,981,718) compared - Which is best? - TV Se4 Ep.2 | Everyday Driver


Related Videos On: Porsche Cayman Generations (987,981,718) compared - Which is best? - TV Se4 Ep.2 | Everyday Driver

Published: 17th Sep 2020 07:34:50   By: EverydayDriver

Car Video: Quattroporte and Phaeton - Cost to own old Luxury - Big Sedan Challenge #7 | Everyday Driver


Related Videos On: Quattroporte and Phaeton - Cost to own old Luxury - Big Sedan Challenge #7 | Everyday Driver

Published: 10th Sep 2020 07:03:16   By: EverydayDriver

Product Review Video: Congress vs. Facebook: Best moments in 16 minutes (supercut)


Related Videos On: Congress vs. Facebook: Best moments in 16 minutes (supercut)

Published: 28th Oct 2020 07:31:34   By: CNET

Product Review Video: Congress vs. Google's CEO: The most important bits (supercut)


Related Videos On: Congress vs. Google's CEO: The most important bits (supercut)

Published: 28th Oct 2020 07:18:50   By: CNET

Product Review Video: Congress vs. Twitter: All the best moments in 18 minutes (supercut)


Related Videos On: Congress vs. Twitter: All the best moments in 18 minutes (supercut)

Published: 28th Oct 2020 06:59:11   By: CNET

Product Review Video: Everything AMD revealed at its RX 6000 series event in 8 minutes (supercut)


Related Videos On: Everything AMD revealed at its RX 6000 series event in 8 minutes (supercut)

Published: 28th Oct 2020 05:41:01   By: CNET

Product Review Video: Watch AMD reveal live Radeon 6000 graphics cards!


Related Videos On: Watch AMD reveal live Radeon 6000 graphics cards!

Published: 28th Oct 2020 04:31:54   By: CNET

FTC Video: ¿Por qué reportar el fraude?


Related Videos On: ¿Por qué reportar el fraude?

Published: 22nd Oct 2020 02:45:32   By: FTCvideos

FTC Video: Why Report Fraud? | Federal Trade Commission


Related Videos On: Why Report Fraud? | Federal Trade Commission

Published: 22nd Oct 2020 01:08:11   By: FTCvideos

FTC Video: How to Report Fraud at ReportFraud.ftc.gov | Federal Trade Commission


Related Videos On: How to Report Fraud at ReportFraud.ftc.gov | Federal Trade Commission

Published: 16th Oct 2020 07:30:23   By: FTCvideos

FTC Video: FTC Hearing: Panel Discussions on the Role of Notice and Choice... - April 10, 2019 - Session 1


Related Videos On: FTC Hearing: Panel Discussions on the Role of Notice and Choice... - April 10, 2019 - Session 1

Published: 22nd Jul 2020 07:51:42   By: FTCvideos

FTC Video: FTC Hearing: Remarks by FTC Commissioner Rebecca Kelly Slaughter followed by...- April 12 Session 2


Related Videos On: FTC Hearing: Remarks by FTC Commissioner Rebecca Kelly Slaughter followed by...- April 12 Session 2

Published: 22nd Jul 2020 07:39:43   By: FTCvideos

DIY Video: This Daisy Isn't Only Beautiful, It's a Natural Insecticide Too | GARDEN | Great Home Ideas


Related Videos On: This Daisy Isn't Only Beautiful, It's a Natural Insecticide Too | GARDEN | Great Home Ideas

Published: 28th Oct 2020 11:30:03   By: Great Home Ideas

DIY Video: How to Make Teriyaki Meatballs with a Halloween Twist | FOOD | Great Home Ideas


Related Videos On: How to Make Teriyaki Meatballs with a Halloween Twist | FOOD | Great Home Ideas

Published: 27th Oct 2020 11:30:01   By: Great Home Ideas

DIY Video: ROAD TRIP New South Wales' Central Coast Region | TRAVEL | Great Home Ideas


Related Videos On: ROAD TRIP New South Wales' Central Coast Region | TRAVEL | Great Home Ideas

Published: 27th Oct 2020 03:50:41   By: Great Home Ideas

DIY Video: How to Bake Flying Pig Biscuits for Halloween | FOOD | Great Home Ideas


Related Videos On: How to Bake Flying Pig Biscuits for Halloween | FOOD | Great Home Ideas

Published: 26th Oct 2020 11:30:02   By: Great Home Ideas

DIY Video: How to Upcycle Your Kids' Old Toys into Cool Mini Planters | GARDEN | Great Home Ideas


Related Videos On: How to Upcycle Your Kids' Old Toys into Cool Mini Planters | GARDEN | Great Home Ideas

Published: 25th Oct 2020 11:54:35   By: Great Home Ideas

Business Video: This Company Was Made for the Pandemic


Related Videos On: This Company Was Made for the Pandemic

Published: 28th Oct 2020 08:07:35   By: Bloomberg Markets and Finance

Business Video: Stock Selloff Is Just Beginning, Sri-Kumar Warns


Related Videos On: Stock Selloff Is Just Beginning, Sri-Kumar Warns

Published: 28th Oct 2020 06:14:45   By: Bloomberg Markets and Finance

Business Video: LIVE: Twitter, Facebook, Alphabet Executives Testify in Senate Big Tech Hearings


Related Videos On: LIVE: Twitter, Facebook, Alphabet Executives Testify in Senate Big Tech Hearings

Published: 28th Oct 2020 06:13:54   By: Bloomberg Markets and Finance

Business Video: U.S. could begin crop exports to Brazil.


Related Videos On: U.S. could begin crop exports to Brazil.

Published: 28th Oct 2020 05:31:13   By: Bloomberg Markets and Finance

Business Video: ECB's Lagarde Will Stand Pat, Says Harvard's Greene


Related Videos On: ECB's Lagarde Will Stand Pat, Says Harvard's Greene

Published: 28th Oct 2020 05:04:42   By: Bloomberg Markets and Finance



Related News Stories From The Web And More

Related Bing News Search Results

Consumer News: Amazon’s third-party sellers enjoyed record-high sales this Prime Day | Consumer Daily Reports | RobinsPost News Network - Newscast

Home [www.dailymail.co.uk]

Tue, 20 Oct 2020 17:00:00 GMT

It comes as Prime Minister Boris Johnson (left ... a built-in fridge and a 'combi microwave' according to the studio's sellers.The flat also features an 'outdoor access' which is a flat roof ...

Amazon and Kindle News

Tue, 20 Oct 2020 17:00:00 GMT

On Friday, Amazon touted the sale as a way fo... Amazon’s third-party sellers enjoyed record-high sales this Prime Day Prime Day ‘delivered the two biggest days ever for third-party sellers ...

Coronavirus: Ireland orders new curbs on non-essential retailers, bars and restaurants — as it happened

Mon, 19 Oct 2020 14:53:00 GMT

Cees ‘t Hart, chief executive, said sales of alcohol-free beer were increasing ... between local and national government. Conservative prime minister Boris Johnson on Friday threatened to ...

Amazon’s third-party sellers enjoyed record-high sales this Prime Day

Thu, 15 Oct 2020 11:55:00 GMT

Photo (c) NoDerog - Getty Images Amazon said its Prime Day sales event led to its third-party sellers earning more than $3.5 billion this year. The company said that figure represents an increase ...

Controller, Ops, MLO Jobs; CFO for Hire; Appraisal, Broker Tools; Treasury Auction Primer

Wed, 14 Oct 2020 01:11:00 GMT

One problem for sellers ... Our company enjoyed a record year in 2019 and 2020 is looking even better. Anthony will be a key part to our continued growth!” Atlanta’s Equity Prime Mortgage ...

Related News Story Videos From Youtube






Blow Us A Whistle

Comments (Whistles) Designed By Disqus




Company Information

Official Content Providers











PRIVACY POLICY

We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
© 2008-2020 RobinsPost (The Bird's Eye View Company) All rights are reserved.
RobinsPost provides links to news sites based on their RSS feeds.
All trademarks, copyrights, videos, photos and logos are owned by news sources.
News stories, videos and live streams are from trusted sources:
Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
ROBINSPOST Is Proudly Made In America.
Where Quality, Safety and Service Comes First.