Dear sellers, do you feel anything about Amazon’s Black Friday?

Dear sellers, do you feel anything about Amazon’s Black Friday?

 


I have to say, this year was the weirdest Black Friday in history.

On the eve of Black Friday, Amazon's system crashed, and a large area of ​​zero orders appeared. Until the day of Black Friday (yesterday), the system was not fully restored, and the situation on the first day directly caused many sellers to explode on the spot!

1. The thunder of exclusive discount


Many students who signed up for Prime exclusives will find that the exclusive discount actually started at 12:00 local time on the 26th. In addition, many sellers who signed up for exclusive events reported that although the event was running, there was no Prime exclusive sign at the front desk.



It turns out that if you are not logged in at the front desk or the buyer account you logged in with is not a Prime member, you will not be able to see the exclusive discount deal sign . You can only see a line of small gray words under the product that say "Join Prime to Save $xx on this item."


Only when the logged-in buyer account is a Prime member can you see the bright red Black Friday Deal logo for the promotional products.



In addition to exclusive discounts, paid deals such as LD and 7 Days will display a red deal logo on the search results page and product details page.


This situation is different from Prime Day, when exclusive offers and LD were displayed the same way, and both members and non-members could see the blue product deal label.


If you have to become a member to see the deal label, then the effect of the Black Friday exclusive discount will definitely be greatly reduced, and it may not be as effective as the event coupon . Whether you are a member or not, you can see the green coupon label.



Overall, the sales growth on Black Friday in the US site is definitely still there, especially the sales growth of the top sellers is obvious, while the growth of small and medium-sized sellers is not much. The sales of some small sellers on Black Friday are not as good as usual, and it is obvious that the traffic and orders have been snatched away by the top sellers.

On the first day of Black Friday, sellers on the US site posted 174,287 orders in a low-key manner.


European sellers received nearly 500 orders on Black Friday, with sales of €11,779.26 and €6,577.65


Sellers of light strips are seeing a surge in orders

2. Export enterprises suffered heavy losses during the peak season

During Black Friday, many logistics and transportation processes encountered bottlenecks. At the dock, nearly 500,000 Christmas goods have been stranded for more than 3 weeks!

Some transport companies reported that this was caused by too many stagnant cabinets. Not to mention Black Friday, if a large number of goods are piled up on the road for the upcoming Christmas, coupled with the frequent instability of logistics, it is easy to see a large-scale "wave of refusal to pay" , and the problem of capital chain shortage will also come.
A freight forwarder said, "Currently, there have been 5,000-6,000 USD in refused payments, most of which were due to last-mile delivery."
It's really worrying.
In addition, the RMB exchange rate has now risen to around 6.5 and has been hovering there, ranking first.

△ China Foreign Exchange Trading Center

One seller admitted that he no longer wanted to convert the currency into RMB, but was hesitant because of the concern that the RMB had once appreciated. The seller said that if the exchange rate was calculated based on a 0.20 exchange rate, coupled with the slow conversion time, the company's loss would be nearly 10 million RMB.
The appreciation of the RMB means that the exchange rate of US dollars for RMB will decrease accordingly, and the profit margin of sellers will be reduced invisibly. Some experts suggest that sellers can hedge or transfer the risk of RMB appreciation through financial instruments, and actively respond to exchange rate fluctuations based on the timing of foreign exchange settlement.
There are many bad things, but no matter what , the peak season continues. Finally, I wish all sellers big sales!

- END -


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