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Tag: Amazon

  • Amazon Great Indian Festival 2024: 8,000 Sellers Cross Rs 1 Lakh in Sales Within First 48 Hours

    Amazon Great Indian Festival 2024: 8,000 Sellers Cross Rs 1 Lakh in Sales Within First 48 Hours

    amazon

    Amazon Great Indian Festival 2024: 8,000 Sellers Cross Rs 1 Lakh in Sales Within First 48 Hours

    The Amazon Great Indian Festival 2024 kicked off with a strong start, with over 8,000 sellers surpassing Rs 1 lakh in sales within the first two days of the event, which began on September 27. Amazon reported that small and medium businesses (SMBs), including women entrepreneurs, weavers, and artisans, sold more than 1,500 units every minute during this period.

    Amazon highlighted the success of sellers from tier 2 and tier 3 cities, such as Moradabad, Saharanpur, Haridwar, Bikaner, and Jodhpur, with more than 65% of sellers receiving orders from these regions. The event also helped 20,000 SMBs double their sales compared to an average day.

    The company’s Amazon Business platform saw a 4.5X increase in new customer sign-ups, while bulk orders surged by 12X. Additionally, Amazon Bazaar, which focuses on non-branded and affordable products, witnessed a 50% growth in daily unit volumes.

    Speaking about the event, Saurabh Srivastava, Vice President of Categories at Amazon India, said the first two days marked the best-ever opening, with a record 11 crore customer visits and a significant increase in the number of Prime members shopping.

    This month-long sale coincides with Flipkart’s Big Billion Days and features a variety of products from SMB sellers who are part of Amazon’s Karigar, Saheli, Local Shops, and Launchpad programmes. The event follows Amazon’s recent reduction in selling fees, which went into effect in September.

  • Amelia: Amazon’s AI-Powered Selling Assistant Transforming E-commerce with Artificial Intelligence

    Amelia: Amazon’s AI-Powered Selling Assistant Transforming E-commerce with Artificial Intelligence

    Amazon AI

    Amelia: Amazon’s AI-Powered Selling Assistant Transforming E-commerce with Artificial Intelligence

    With the fast-paced movement of the e-commerce landscape, staying competitive demands forward-thinking solutions. Amazon, always at the forefront of innovation, has once again advanced technological boundaries by unveiling Amelia, an AI-driven selling assistant crafted to support and boost seller performance.

    Amelia isn’t just another tool; it acts as a strategic ally for sellers. With the power of sophisticated artificial intelligence, Amelia delivers personalized insights, automates routine tasks, and offers real-time assistance, enabling sellers to excel on the Amazon platform effortlessly.

    Key Features and Benefits of Amelia:

    Tailored Business Insights: Amelia scrutinizes sellers’ performance metrics, identifying potential areas for improvement and delivering customized recommendations.

    Instant Support: Sellers can ask Amelia for help on matters like inventory management, marketing approaches, and more, receiving quick, precise responses.

    Task Automation: Routine tasks such as product listings, order processing, and customer service requests are automated by Amelia, freeing up time for sellers.

    Predictive Analytics: By analyzing extensive datasets, Amelia forecasts trends and helps sellers make well-informed decisions.

    How Amelia Enhances E-commerce Growth:

    Simplified Seller Experience: Amelia streamlines the selling process, minimizing the time and effort required to run an Amazon business.

    Boosted Seller Success: With insightful recommendations and real-time support, Amelia empowers sellers to achieve higher sales and profit margins.

    Elevated Customer Experience: As sellers become better equipped to meet customer demands, the overall shopping experience on Amazon improves.

    Amelia exemplifies Amazon’s commitment to empowering sellers and fostering growth in the e-commerce industry. By utilizing AI, Amelia is set to become an essential resource for sellers aiming to succeed on the world’s largest online marketplace.

    As AI continues to evolve, its role in shaping the future of e-commerce is undeniable. Amelia showcases how AI can revolutionize the landscape, offering value to both sellers and customers.

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