Amazon’s shift from its 1P retail to its 3P marketplace is in full force. A number of brands that have for years sold directly to Amazon via its 1P program are either facing harder negotiations, or had orders stopped altogether in the past month.
Direct-to-consumer startups face a tough task for the remainder of the year: growing their businesses, profitably, while inflation remains sky-high and capital is harder to come by. That was the underlying sentiment at the Commerce Summit, a gathering of more than 150 e-commerce leaders and investment bankers hosted in New York City last week.
Pinterest has been trying to make its case to brands that it’s the preferred social platform for people with shopping intent. But new research shows that may not be true.
Already, established software providers like Helium 10 and Jungle Scout have unveiled new tools to help Amazon copywriters write listings — touting new technology like ChatGPT. But a bevy of other players like Perci and SmartScout have been jumping into the fray for over a year now.