A new report from SmartScout. reveals that price hikes on Amazon have been driven not only by broader economic factors but also by new and increasing fees imposed on sellers.
Logan, Utah, October 17, 2024, A recent report by SmartScout on the history of Amazon fee increases shows that some of these fees started as small and have increased by 200%. The United States economy faced record inflation in 2022. By 2024 inflation has slowed down to normal rates, but prices have increased on Amazon.
The report also dives into the unique inflationary pressures faced by Amazon Vendors, third-party sellers (3P), and Chinese sellers, illustrating how each segment is adapting to Amazon’s evolving fee structure.
Their process for determining Chinese sellers is based on the country of origin of the dominant seller on an ASIN. Some Chinese sellers have US-based shell companies; they do not account for those, but the Chinese ASINs comprise more than 1/3rd of the reported ASINs.
SmartScout specializes in Amazon Marketplace research with an emphasis on the 3P seller dynamics. With millions of data points daily, they display data to uncover market trends and market share across leading categories.
SmartScout is sought after for targeted features:
- Ad Spy: Uncover the metrics behind all of your competitors search.
- AI Listing Architect: Create listings with the right keywords and the right message in only a few short minutes.
- Brands: All the brands on Amazon in a database with unmatched brand-specific filters.
- FBA Calculator: A powerful calculator that can quickly show the ROl of any product sold on Amazon.
- Keyword Detective: Rank tracking. product relevancy, search term intent, and competitor analysis all in one place!
- Products: An Amazon product database that’s integrated seamlessly into all our finders
- Search Terms Relevancy: Use search terms to target Amazon products and bring them to the front page.
- Scope: Historical revenue of brands and sellers across the entire marketplace.
- Seller Tools: A searchable geographical map, database, and product view of all the Amazon sellers across the world.
- Subcategories: Every Amazon datapoint organized perfectly by its thousands of subcategories.
- Traffic Graph: A visual graph that shows any products “frequently bought together” connections.
- UPC Scanner: Import product lists and instantly discover the most profitable.
SmartScout’s Scope features allow users to see historical revenues of brands and sellers across the entire marketplace. See how brands stack up against each other and which categories are growing. Know where Amazon sales are going by seeing where they’ve been.
For complete information, visit: https://www.smartscout.com/reports/amazon-inflation-outpaces-national-average
Media Contact:
SmartScout
Attn: Media Relations
Logan, UT
435-764-3480
scott@smartscout.com