Here are my Amazon Accelerate key take-aways.
Amazon Accelerate 2024 was a game-changer this year! Was great being there along with Joie Roberts Max F Hofmann & Nadine Sch?pper
What are your favorite take-aways?
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1) Seller Support & Experience: They’ve enhanced seller support with 100% live chat coverage, AI-enabled solutions for quick issue resolution, and a redesigned mobile app with better navigation and new features, including integration with Project Amelia.
2) Marketing & Advertising: New tools like AI-Powered Video Generators help create engaging content for Sponsored Brands, and the Amazon Business Bid Adjustment feature allows sellers to increase bids by up to 900% for better ad placements.
3) Financial Services: Amazon Lending is expanding financing options, with term loans up to $5 million and merchant cash advances to support seller growth.
4) Supply Chain & Logistics: "Supply Chain by Amazon" is now offering a fully-managed solution for delivery and inventory management, with benefits like 20% higher sales conversion and discounts on storage and transportation.
5) Simplified Compliance: Amazon is introducing AI-powered tools for automatic compliance management, making it easier for sellers to handle product regulations, integrate requests into listings, and collect compliance documents directly from labs.