cover of episode E575: Amazon Collected 19% More In This Fee in Q3

E575: Amazon Collected 19% More In This Fee in Q3

2024/11/4
logo of podcast The Ecomcrew Ecommerce Podcast

The Ecomcrew Ecommerce Podcast

Frequently requested episodes will be transcribed first
Chapters

Shownotes Transcript

Dave discusses Amazon's Q3 2024 earnings report, how much their revenue has grown in advertising, third party seller fees, and retail, and what this means for third-party sellers. He delves into Amazon's revenue streams, particularly focusing on the surge in advertising fees, the relatively stable growth of FBA fees, and the overall impact on sellers in the e-commerce space. 

 

Today's episode is sponsored by Autron.) Maximize your ROI with Autron’s real-time algorithmic bidding, optimizing every ad dollar for smarter spending and higher returns. Start optimizing today and get 30% off for 3 months!)

  Takeaways

  • Amazon's Q3 earnings report shows a 19% increase in advertising revenue.
  • FBA fees growth was only 10%, indicating stability for sellers.
  • Online store revenue increased by 8%, a positive sign for Amazon's growth.
  • The surge in advertising costs is outpacing retail sales growth 2x.
  • Placement fees may not be as damaging as initially thought.
  • Amazon's stock price rose by 6% following the earnings report.
  • The growth rate of advertising revenue is the lowest in four years.

  Timestamps

  • 00:00 Amazon's Q3 Earnings Overview
  • 05:03 Advertising Revenue Surge
  • 09:52 FBA Fees and Seller Services
  • 15:05 Implications for Third-Party Sellers

 

As always, if you have any questions or anything that you need help with, reach out to us at [email protected]) if you're interested. 

 

Don’t forget to leave us a review on iTunes) if you enjoy our content. If you have any questions, send us an email at [email protected]). We'd love to help you in any way we can. 

 

Thanks for listening!

Until next time, happy selling!