A naukri.com initiative
Amazon News
Mensjournal
3w
369
Amazon Announces Controversial Change Amid Bad News
- Amazon is changing how it shares prices with customers to avoid blame for rising costs due to tariff wars.
- This change is considered controversial and has been criticized by the White House.
- Amazon will display how much of an item's cost is derived from tariffs alongside the product's total listed price.
- The company is also pressuring suppliers to lower costs amid tariff concerns.
Read Full Article
22 Likes
TechDigest
3w
123
Image Credit: TechDigest
Škoda becomes first European car brand on Amazon
- Czech car company Škoda has become the first European car brand to open an Amazon car showroom, providing convenience to customers.
- Škoda's online showroom allows UK customers to explore their car models, check availability, book test drives, and explore finance options.
- While online research is preferred by 47% of potential car buyers, 82% still finalize their purchase at a physical dealership.
- The Škoda showroom on Amazon aims to bridge the gap between online exploration and the need for personal interaction, offering a 'click to drive' experience.
Read Full Article
7 Likes
The Verge
3w
101
Image Credit: The Verge
Amazon launches its first satellites to rival Starlink
- Amazon's Kuiper broadband internet constellation launched its first 27 satellites into space.
- The launch is the first of 80 planned to establish Amazon's Project Kuiper satellite internet business to compete with SpaceX's Starlink.
- The satellites were successfully activated and will provide 'high-speed, low-latency' internet later this year, according to Amazon.
- SpaceX's Starlink, with over 7,200 satellites in operation, currently dominates the satellite internet market, despite several companies, including Amazon, seeking to provide alternatives.
Read Full Article
6 Likes
Silicon
3w
426
Image Credit: Silicon
Amazon Sellers ‘Pull Back’ From Prime Day Over Tariffs
- Some third-party merchants selling China-made goods on Amazon are planning to reduce or eliminate their participation in the e-commerce retailer’s Prime Day in July due to new tariffs.
- Sellers are making this move to protect their profit margins by enabling sales at full price or smaller discounts outside of the sale.
- The reduction in the number of participating sellers would impact Amazon's fees and advertising revenue, as well as the selection of discounted items for the sale.
- Last year, US shoppers spent $14.2 billion during Prime Day, and Amazon is planning to hold the event in July on five undisclosed dates.
Read Full Article
25 Likes
Discover more
Mensjournal
3w
96
Image Credit: Mensjournal
White House Tariffs Dim the Glow of Amazon Prime Day
- Third-party sellers on Amazon are reportedly sitting out or reducing offerings for this year's Prime Day due to White House tariffs and uncertainty over the impact.
- The tariffs, particularly affecting sellers sourcing products from China, have led to concerns over increased costs and lower profits.
- While Amazon is expected to fare well with its own products, there are more affordable options for consumers, such as Walmart, Costco, and Sam's Club, which offer similar services.
- As the economy faces uncertainties, consumers may be shifting their priorities towards essential purchases, potentially impacting the success of Prime Day.
Read Full Article
5 Likes
Digitaltrends
3w
286
Image Credit: Digitaltrends
Amazon launches its first internet satellites to rival SpaceX Starlink
- Amazon has successfully launched its first satellites for the company’s Project Kuiper internet-from-space service.
- The satellites were launched aboard a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral Space Force Station in Florida.
- The long-term plan is to deploy at least 3,200 Project Kuiper satellites, providing broadband connectivity to individuals and businesses on the ground.
- While SpaceX's Starlink service has already established itself with over 8,000 satellites, it may take several years for Project Kuiper to compete at a meaningful level.
Read Full Article
17 Likes
Mensjournal
3w
237
SpaceX and Amazon Are Quietly Launching a New Space Race Right Now
- SpaceX recently launched a Falcon 9 rocket with Starlink satellites, while Amazon's Project Kuiper is launching an Atlas V rocket with its own satellites.
- SpaceX's Starlink aims to provide low-cost internet to remote areas, while Amazon's Project Kuiper will create its own satellite broadband network.
- The two projects represent a competition for the future of orbital communication.
- If successful, Project Kuiper will become the fourth satellite internet provider in the U.S. market.
Read Full Article
14 Likes
Pymnts
3w
312
Image Credit: Pymnts
Amazon-Backed Glacier Raises $16 Million for AI-Powered Recycling Robots
- Glacier has raised $16 million in a Series A funding round to scale its AI-powered recycling robots.
- The robots are currently used in recycling centers across major U.S. markets and will soon be added in Seattle.
- Glacier's machines can sort 45 items per minute using computer vision and robotic arms.
- The funding round was led by Ecosystem Integrity Fund and included participation from Amazon's Climate Pledge Fund.
Read Full Article
18 Likes
Mensjournal
3w
110
Amazon Is Selling a 'Powerful' $140 Spin Scrubber for Just $40, and It's a 'Game Changer' for Deep Cleaning
- Amazon is offering a 71% discount on the Wikihhome Cordless Electric Spin Scrubber, selling it for just $40 (originally priced at $140).
- The spin scrubber is a highly rated and versatile cleaning tool with a dual-speed extendable design and seven brush heads for various cleaning applications.
- It features an ergonomic grip and a built-in foam spray reservoir, providing up to 120 minutes of power and quick recharging.
- Shoppers consider it a 'game changer' for deep cleaning, making tasks easier and more efficient in different areas of the house.
Read Full Article
6 Likes
Spaceflightnow
3w
17
Live coverage: ULA to launch first production Amazon Kuiper satellites on Atlas 5 rocket from Cape Canaveral
- United Launch Alliance prepares to launch the first production satellites for Amazon's Project Kuiper satellite internet constellation using an Atlas 5 551 rocket from Cape Canaveral Space Force Station.
- The liftoff is scheduled for Monday, April 28, with live coverage provided by Spaceflight Now starting two hours before the launch window opens at 7 p.m. EDT.
- Weather forecasts indicate a 75 percent chance of favorable conditions for the launch, with concerns about Cumulus Cloud, Anvil Cloud, and Surface Electric Fields rules.
- The Atlas 5 rocket will fly in a north-easterly trajectory after liftoff and is equipped with five solid rocket boosters from Northrop Grumman.
- Amazon has eight remaining Atlas 5 rockets for launching Kuiper satellites, with plans for potential additional missions before transitioning to Vulcan rockets for national security missions.
- Project Kuiper aims to deploy over 3,200 satellites in low Earth orbit to provide internet services with low latency for commercial and government customers.
- Amazon's Kuiper 1 mission will carry the first full production satellites, following the launch of two prototype satellites in October 2023 for testing purposes.
- Once operational with 578 satellites, Amazon will commence customer service as mandated by the FCC regulations.
- In addition to Atlas and Vulcan rockets, Amazon has purchased launches on Ariane 6, New Glenn, and Falcon 9 rockets to support the Project Kuiper constellation.
- Amazon also established Kuiper Government Solutions (KGS) to cater to specialized government needs, partnering with L3Harris Technologies to offer enhanced communication services.
Read Full Article
1 Like
TechBullion
3w
242
Image Credit: TechBullion
How to Identify Profitable Products on Amazon Like a Pro
- Amazon generated over $513 billion in revenue in 2022, with third-party sellers contributing significantly to sales.
- Identifying profitable products on Amazon involves targeting items with at least 300 monthly sales and a 25-30% profit margin.
- Using Amazon product research tools helps sellers systematically identify potential profitable products.
- Analyzing market gaps and customer needs is crucial for discovering hidden profitable products.
- Smart sellers pay attention to negative reviews, using them as free market research to improve products.
- Utilizing tools like Google Trends can provide insights into trending products and customer interests.
- Social media platforms like YouTube, TikTok, and Instagram offer valuable product insights and trend signals.
- Successful sellers anticipate market moves early and aim to introduce products before competition saturates the market.
- Cross-selling opportunities and building a diversified product portfolio are key strategies for maximizing profits on Amazon.
- Testing products in small batches and using PPC campaigns for validation can help mitigate risks and optimize product offerings.
Read Full Article
14 Likes
Pymnts
3w
74
Image Credit: Pymnts
Amazon Sellers Reportedly Skipping Prime Day Due to Tariffs
- Some sellers are sitting out or scaling back their discounts for Amazon's Prime Day due to ongoing trade war between the U.S. and China and President Trump's tariffs on Chinese goods.
- The tariffs have put Amazon in an awkward position as the Prime Day approaches and may hurt third-party sellers the most.
- Merchants are holding back discounts and products imported from China to avoid the increased cost due to tariffs.
- Amazon is taking steps to keep prices low for customers and working on overhauling supply chains in response to the tariffs.
Read Full Article
4 Likes
Pymnts
3w
434
Image Credit: Pymnts
Walmart or Amazon? Millennials Will Take Both, Please
- A forthcoming report suggests a growing shift in consumer behavior where shoppers increasingly frequent both retail behemoths, Walmart and Amazon.
- Nearly one in four U.S. adult consumers now holds monthly subscriptions to both retailers, with millennials being the most likely to subscribe to both.
- The report shows that consumers strategically utilize Amazon for nonessential items and Walmart for groceries, leveraging the strengths of each retailer.
- Budget-conscious consumers, especially those living paycheck to paycheck, are more likely to subscribe to Walmart than to Amazon Prime.
Read Full Article
25 Likes
Pymnts
3w
434
Image Credit: Pymnts
CE 100 Index Gains 5.9% as Coursera, Alphabet and Tesla Weigh In With Earnings
- Earnings season's in full swing, and it's helping to sway the fortunes of the CE 100 Index, which was up 5.9% through the week.
- Coursera shares led the work segment with a gain of 19.8% after reporting higher revenues for the first quarter.
- Tesla's net income dropped by 71% compared to a year ago, but the stock rose 18% on the news of Elon Musk stepping back from DOGE-related activities.
- Amazon and Alphabet saw their shares rise as they reported higher-than-expected earnings and revenue for the first quarter.
Read Full Article
25 Likes
Medium
3w
242
Enterprise PMs: Learn the Systems, See Like a Leader
- Product managers at Amazon operate with a tech-first mindset and have the freedom to rethink from first principles.
- In traditional enterprises, product managers face the challenge of navigating deep operational histories and complex systems.
- To be successful in enterprise product management, it is important to think like a leader and consider future business needs.
- Product managers need to take ownership and have the ability to see beyond immediate problems and identify future possibilities.
Read Full Article
14 Likes
For uninterrupted reading, download the app