November is a huge month for Amazon sellers, as it brings in some of the biggest results of the year with Black Friday and Cyber Monday sales. With all that excitement, you may have missed some of the latest Amazon news. Staying up to date on what’s happening with Amazon helps you stay ahead of the game—whether you’re a beginner or a pro. We’ve sifted through all the headlines this month so you don’t have to.
Here’s what’s new in the Amazon business world!
Online sales boomed on Black Friday // CNN Money
The big news this month centered on the shopping frenzy that follows Thanksgiving in the U.S. Black Friday sales were booming as more and more Americans opted to enjoy shopping from home. We sold $112,907 in just one of our two primary Amazon selling accounts on Black Friday! And on Cyber Monday, Amazon had its biggest selling day in history.
Amazon Australia’s launch could be delayed until next year // Business Insider Australia
There was a lot of buzz about an anticipated Black Friday launch for Amazon Australia, but it was postponed—it seems due to technical problems. It remains to be seen whether it will launch still in 2017, but many are speculating that it will be delayed until next year.
>> The international Amazon market offers a lot of opportunities for sellers. Check out some behind-the-scenes Amazon secrets I learned while visiting their headquarters! <<
Amazon’s stock reached a new high after its Black Friday and Cyber Monday bonanza. Could it become a trillion-dollar company? Morgan Stanley thinks so—if the growth of Amazon Prime and third-party sellers continues. It’s an exciting time to be part of this marketplace!
Amazon Sellers Brood as States Come Calling for Taxes // The New York Times
Many marketplace sellers don’t want to charge state sales tax when they know that their competitors aren’t doing the same. Nobody likes to deal with the tax man, but it looks like there may be changes coming for Amazon sellers.
This is a fascinating look at how much growth e-commerce has seen in the last 20 years! Many of us remember what the internet and online shopping were like at the very beginning. It’s incredible to see how much Amazon has grown from small beginnings. As Amazon FBA sellers, it’s a good reminder of the importance of scalability as you grow your e-commerce business
Everyone Is Saying: Amazon Pick My City! // Forbes
The excitement and anticipation about where Amazon will build its second headquarters—dubbed HQ2—continues. The proposals are in, with some cities offering to rename their city after the company or build new infrastructure in their region. But it looks like we’ll have to wait until 2018 to find out more. For now, we’ll be focusing on Q4 sales to distract us!
Amazon $60 million Shenzhen, China Team // AMZ Insiders
It was good to be back in Shenzhen this month to spend some time with the heads of our Amazon Shenzhen operations, marketing, product, and manufacturing. For the first time, we shared a “behind the scenes” look of our Shenzhen based Amazon team that works along with our Atlanta based team (this will provide some perspective how we’ve scaled to our current size).
>>Interested in learning the ins and outs of running a successful Amazon business?<<
To find out the exact process we used to build a $60 million e-commerce business, check out our free limited time workshop HERE!