Weekly Amazon Seller News – September 22, 2020

Every week, our team of experts round up the most important news for Amazon business owners. Here are all of the bite-sized news nuggets for the week of September 22nd, 2020.
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“2020 Extended Holiday Returns Policy” (Source: Amazon Seller Central)

  • In anticipation of customers shopping early for the holidays, Amazon has temporarily extended the return window of the returns policy.
  • The Amazon Extended Holiday Return Policy for 2020 requires that most orders delivered between October 1 and December 31 be returnable through January 31, 2021. 
  • This policy includes orders that are shipped by you and orders that are shipped by Amazon, but it can vary by category. 
  • Amazon will automatically authorize returns on your behalf to reflect the extended holiday return policy. 
  • You can update the Returns & Refunds section of your seller detail page to advise customers of the extended holiday return policy and you can see the return deadline in each category on the Returns Help page.
  • Read the full article here

 

“Amazon responds to rumors ‘Prime Day’ will take place in October” (Source: Fox Business) 

  • Various tech sites have speculated about an October launch for the annual Prime Day event, and although we believe it will happen within the first 2 weeks of October, Amazon has yet to make a formal announcement.
  • The most recent statement regarding Prime Day from Amazon states: “We can confirm Prime Day will take place in Q4, we have not made any other announcements regarding Prime Day at this time.” 
  • Amazon’s fiscal fourth-quarter runs from October 1 through the end of December. Company executives first disclosed plans to hold the Prime Day event during the fourth quarter during their second-quarter earnings call in July.
  • In July, Amazon told sellers to use October 5 as a placeholder for Prime Day until the exact date was finalized. 
  • Although there are speculations it will take place on Tuesday, Oct. 13 (because Amazon has already blacked out vacation for its full-time warehouse workers from Oct. 13-20), an exact date is expected to come directly from Amazon soon. 
  • Read the full article here

 

“Six indicted in connection with multi-million dollar scheme to bribe Amazon employees and contractors” (Source: The United States Justice Department)

  • The US Department of Justice has indicted six individuals for conspiring to pay over $100,000 in commercial bribes to Amazon employees and contractors, in exchange for an unfair competitive advantage on the Amazon Marketplace.
  • The 6 individuals are also involved with conspiracy to use a communication facility to commit commercial bribery, conspiracy to access a protected computer without authorization, conspiracy to commit wire fraud, and wire fraud.  
  • The defendants paid bribes to at least ten different Amazon employees and contractors, including KUNJU, who accepted bribes as a seller-support associate in Hyderabad, India, before becoming an outside consultant who recruited and paid bribes to his former colleagues. 
  • In exchange for bribes, the corrupted employees and contractors began reinstating suspended merchant accounts and product listings on the Amazon Marketplace, facilitating attacks against competitors, misappropriating Amazon’s highly confidential business information, and circumventing Amazon’s internal limits on 3P accounts.
  • The defendants will make their initial appearances in U.S. District Court in Seattle on October 15, 2020.
  • Read the full article here

 

“Amazon Celebrates Handmade’s 5th Birthday” (Source: Amazon Blog)

  • Amazon.com Inc.’s Handmade, the platform for artists to sell handcrafted goods online, is celebrating its fifth birthday.
  • In the five years since Handmade’s debut, selection has seen a 2,000 percent increase while the number of artists has increased by nearly 750 percent with crafters from more than 80 countries.
  • Handmade’s top-selling categories include items for the home, kitchen and jewelry. 
  • Through Handmade, Makers can reach customers across the globe, widen product distribution and create a huge audience for artisan
  • To celebrate, Handmade called on Amazon customers to vote for their favorite crafter and 5 winners received $15,000 to help grow their business.
  • Read the full article here

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