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May 5, 2020

Coronavirus for Amazon Sellers- Global Roundup late April/early May 2020

Facebook live panel global 29 April 2020

Jenna Lieber, Turnkey Product Management

Konark Ogra, Rural Handmade

John Cavendish, Seller Candy

What is changing for Amazon Sellers under Covid19?

John
notifications are insane
– ,monfitionring listing is arduous
– amazon stopping everyone shipping in from mid march to mid arpil
– france still closed
– can’t shop intra-couty
– couldn’t ship into Italy
– use 3 PLs
– have live listings
– sales volume not down too much
– Some up a lot but

Jenna
A lot of clients grew in March
April plateau
Some clients not able to ship things in
– Non-essential
– Switched to FBM
– Now still not able to ship items in for all clients
– Amazon Launchpad
– no.1 sellers will go first

Sourcing

Konark
2 big changes
– Hedging from diversifying from China
– Supply chain
– The biggest concern with sellers – how safe is the brand?
– Should we be focussed on creating existing products
– consumers are now looking for stories

What’s the number one solvable issue for your clients?

Jenna: Managing ship time – Jenna – prime badge etc.

– monitor using merchant words to track ship time
– Some clients half FBA and half FBM
– FBA is beating FBM half the time
– Clients with over 300 different SKUs

John – FBA sales

Manually tracking on a spreadsheet
FBA dropped from 80% before COVID, 20% then back up t5o 65% plus
Treat it as business as usual

Konark – Simple model still working

CAD design etc in China can be $5-25K
Minimalist model – come with a design, see feasibility
– Human-made samples are maybe $250
– Post COVID the future will be more local
– More SMEs
– Army of sellers will be a big thing
– feeling we have to support small businesses

What’s happening next?

John
Things are moving fast
There will be a boom – people want control over their income

Jenna
Ecommerce In general will continue to rise
Anyone who didn’t have a prime account is now in
And locked in for a year!
People who didn’t buy on amazon

What’s happening next couple weeks?

USA:Jenna

Allegedly reopening
A lot of people will keep sheltering in place

FBA warehouses probably seen the worst
Statten island walkout and Chicago

Europe – John/Konark
Coming out of lockdown
Spain coming out
You can still ship back into France from other countries

Thanks to our international panel!

*CONTEST*

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Enter Contest now to win $100 worth of Business books!

For the next 9 days or until May 13 2020, just

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You can even earn extra points by listening to particular episodes etc.

Enter Contest now to win $100 worth of Business books!

More importantly, learn some deep business and strategy models so you can construct a robust, profitable business that you love to operate.

Episode Transcript:
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