Walmart Marketplace Grows 50% in One Year
Walmart's marketplace reached 150,000 active sellers as new sellers joining the platform continue to accelerate, attracted by growing GMV.
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66% of Walmart Sellers Use Its Fulfillment Service
Two-thirds of top Walmart marketplace sellers use WFS, a fulfillment service Walmart launched less than five years ago.
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Temu Starts Recruiting U.S. Brands
Temu has started onboarding U.S. and European brands to its marketplace. Its challenge is that most brands don't want to be in the same shopping cart with Temu.
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E-Commerce Alone Keeps Retail Sales Growing
E-commerce growth is slowing again, but not because shoppers are returning to physical stores. Online shopping accounted for 51 cents of every new dollar spent in retail.
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Amazon Didn’t Pay Tax Then, Temu Doesn’t Now
Amazon took advantage of tax laws that allowed online retailers to avoid collecting sales tax to create a pricing advantage. Now, Temu has a pricing advantage created by not paying customs duties and/or taxes.
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Amazon Sells More Retail Ads Than Google
"As of 2023, Google estimates that Amazon's revenues are larger than Google's in retail advertising," according to Google's testimony in the DOJ vs. Google court ruling.
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Competition Made Amazon a Better Deal
Competition from Shein and Temu forced Amazon to lower fees, enabling sellers to lower prices, which, in turn, led to shoppers buying more items on Amazon.
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1% of U.S. Amazon Sellers Sell Outside the Continent
Most American Amazon sellers stick to selling in the U.S. Despite Amazon's attempts to foster cross-border e-commerce, less than 1% sell outside the continent.
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Amazon's Unhelpful AI Shopping Assistant
Amazon's AI shopping assistant is great at answering questions about a specific product but cannot help sort through the endless aisles of its infinite catalog.
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Amazon and Temu Swap Strategies
Temu wants to be more like Amazon, to reduce supply chain risk and offer faster shipping, while Amazon is racing to replicate Temu because it cannot ignore the fact that its low prices trump Amazon's convenience for some shoppers.
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