Month: July 2022
Amazon Prime Day comes amid slowdown in online sales growth
Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. The company has long used the two-day event – one of its biggest all year – to lure people to its Prime membership, for which Amazon recently raised the price to $139 a year from …
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FMCG sales fall on Amazon after Cloudtail transition
FMCG sales have fallen significantly on Amazon India after brands including Nestle, Dabur and HUL were asked to switch to new seller Rocket Kommerce from Cloudtail, two sources aware of the matter told ET. Sources estimate that the fall in sales could be in the range of 30-40%. Cloudtail was the biggest seller on Amazon …
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