Amazon Is Tapping AI to Write Product Listings
Amazon continues to leverage the power of AI to help improve product listings.
The latest feature can now help sellers simplify the process of creating and updating product listings by using large language models to write compelling product titles, bullet points, and descriptions.
All sellers need to do is write a brief description of the product they want to sell.
But is it reliable?
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Amazon Top Terms
Let's take a closer look at the past two weeks and pinpoint Amazon's top 10 search terms that have seen a notable surge in popularity between August 27th and September 9th.
In this week's Amazon trends, “portable TV on wheels” has claimed the top spot, and there's a fascinating reason behind it. LG has recently introduced a groundbreaking TV on wheels.
With products related to this keyword selling at a rate of 65 units per day in the past two weeks.
As we dive into the latest trends in e-commerce, don't miss our featured article, ‘Top 100 eBay Sellers‘, where we unveil the thriving sellers making waves in the online marketplace.
Amazon Launches a New Supply Chain Service Aimed to Reduce Costs for Sellers
Amazon recently announced that it will be expanding its logistics network to help sellers fulfill orders to customers around the world.
The new solution has been dubbed Supply Chain by Amazon, an automated set of services that will allow sellers to move their products from manufacturing locations to customers while benefiting from Amazon's logistics, warehousing, distribution, fulfillment, and transportation capabilities.
One of the solutions introduced at its Amazon Accelerate conference in Seattle is Multi-Channel Distribution (MCD). This program enables sellers to move products in bulk from AWD to any sales channel, leading to lower costs on inbound shipping.
MCD is still in its early stages and has only been introduced to a small set of sellers. Amazon does claim that the program will be available to all sellers before the end of the year.
Holiday Retail Sales Expected to Increase by End of 2023
As we enter the last quarter of the year, stores are gearing up for another busy holiday shopping season ahead.
Deloitte just released its annual holiday retail forecast and found that retail sales will increase anywhere from 3% to 4% in 2023, a growth of almost 12% compared to last year’s holiday season.
Deloitte’s U.S. economic forecaster Daniel Bachman claims the reason for the jump is attributed to three reasons: healthy employment, income growth, and moderation of inflation.
The company’s vice chair, Nick Handrinos, expects ecommerce to still be strong as consumers search for the best deals online and retailers who can adjust to consumer demand will be poised for the most growth this holiday season.
