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The Top Amazon News Stories in August 2020

Chris Dawson at Tamebay reports that Amazon is warning sellers that having promotional or company details in product descriptions will lead to a suppressed ASIN in search. The idea of a product description on Amazon is that it should be about the product.

Amazon

It’s not the place for shipping information, marketing your business with seller details or any other superfluous information. If you are not describing the product then the information shouldn’t be there.

Amazon starts preparations to launch in Sweden: Reuters reports that Amazon has started preparations to launch in Sweden, marking its first step to establish a local presence in a Nordic country. Swedish customers can already shop on Amazon through its websites in other European countries such as Germany, and get their purchases shipped to the country, but this often meant paying high delivery charges.  Alex Ootes, vice president for EU Expansion at Amazon said, “We are optimistic that by focusing on the things we believe customers will place the greatest emphasis on – low prices, a wide range and fast deliveries, we will eventually be able to win the trust of Swedish customers.”

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Amazon racing to remove the fulfillment bottleneck: Marketplace Pulse reports that Amazon is struggling to accept some inventory shipments in time, which is causing products to sell out, leading to a drop in search rankings and quantity restrictions. The previously predictable inventory cycle with known restrictions and fees has become unpredictable. “We’ve run out of space,” said Brian Olsavsky, Chief Financial Officer at Amazon. He added that the company increased the fulfillment network square footage by 15% in 2019, and expects a 50% increase in 2020. The majority of that new capacity will come online in late Q3 and into Q4.

MacKenzie Scott donates $1.7bn since Amazon boss divorce: BBC News reports that MacKenzie Scott, Amazon boss Jeff Bezos’s ex-wife, says that she has given $1.7bn (£1.3bn) to charity to date. She has made donations to historically black US colleges, climate change groups and health organisations. Ms Scott posted about the gifts on social media, also saying that she has changed her surname from Bezos. She is the second-richest woman in the world, with a fortune of more than $62bn, according to Forbes. She and Mr Bezos divorced last year.

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Amazon ‘to open checkoutless stores in London as they take over mini-marts near capital’s commuter hubs’: Mark Blunden at The Evening Standard reports Amazon is said to be eyeing the capital for moving its cashless and checkoutless Go convenience stores near to commuter hubs as their bricks-and-mortar expansion continues in the US after launching in 2018. The digital shopping giant today refused to confirm or deny reports in the Sunday Times it had struck a deal to open 10 high-tech shops, and was “holding talks” for a further 20 sites.