The news this week features Amazon a bit more than usual. The simple reason being that Amazon has been able to negotiate better USPS fees for their sellers. Secondly Amazon is about to open a pickup location at the University of Pennsylvania. Lastly, Vice provides more detail about eBay’s bug that could have lead to hackers getting access to passwords.
The news this week:
Amazon told sellers on Monday it had negotiated a deal with the USPS so they will see no rate change on the cost of Priority Mail shipping, which will remain at 2015 rates. The deal is unprecedented, since Priority Mail rates increased 9.8 percent on average as of Sunday (January 17, 2016) retail – and an increase of 9.4 percent for Commercial Base pricing, on average. This is huge news that makes the scale of Amazon’s operation more open to the eyes of the public. eBay was unable to negotiate a better rate for their sellers but Amazon could. This is one of the reasons why sellers want to sell on Amazon – the ability to access better logistics rates. Read more here.
Till next week.
Every week, Hendrik Laubscher will be providing third party sellers with a selection of news stories that they need to be aware of. As a Prosper Show participant we strive to ensure that you can focus on your business while we handle all the industry news.