Amazon Com Stock Price, News & Analysis

Amazon announced new tools for U.S. third-party sellers at the Accelerate 2021 conference, enhancing international sales capabilities. The tools include Customer Service by Amazon, Marketplace Product Guidance, Global Inventory Viewer, and Global Listing, aimed at simplifying global operations. Over 6 million U.S. products are expected to thrive internationally, with 20,000 sellers having successfully expanded last year. Amazon's investment of over $18 billion in logistics supports these initiatives, creating approximately 1.8 million U.S. jobs in the process.

Amazon (NASDAQ: AMZN) has launched Amazon Local Selling at the Accelerate 2021 conference, allowing local, regional, and national retailers to offer in-store pickup and fast delivery to customers. This initiative caters primarily to third-party sellers, enabling them to expand their multichannel offerings. The program is now available to numerous retailers, enhancing product accessibility, including large and fragile items. Last year, Amazon invested over $18 billion in logistics and seller tools, supporting an estimated 1.8 million U.S. jobs.

Amazon has announced the launch of a new Search Analytics Dashboard aimed at assisting sellers in the Brand Registry program. This tool will provide anonymized data on customers' interests and shopping behaviors, empowering sellers to optimize listings, improve inventory planning, and enhance product development. The dashboard, available in early 2022 at no cost for registered sellers, enhances Amazon's existing analytics suite, offering insights into sales funnels and keyword performance. Last year, Amazon invested over $18 billion to support its sellers, contributing to approximately 1.8 million U.S. jobs.

Amazon has launched the Product Opportunity Explorer, a new tool to aid third-party sellers in identifying new product opportunities based on customer searches and buying trends. Announced at the Accelerate 2021 conference, the tool will undergo beta testing until year-end and is set for a wider release in 2022.

This tool provides insights into search volume, sales history, and pricing trends, helping sellers launch products effectively. Amazon invested over $18 billion in seller support last year, contributing to an estimated 1.8 million U.S. jobs linked to its platform.

Amazon announced at the Accelerate 2021 conference that over 100,000 brands have started selling in its U.S. store this year, with a 60% year-over-year sales increase for brands for the 12-month period ending June 30, 2021. New tools and services introduced include the Brand Referral Bonus, Customer Engagement tool, A+ Story Cards, and Customer Review Resolution tool. The company invested over $18 billion in logistics and services last year to support sellers, contributing to an estimated 1.8 million U.S. jobs.

Bellwether Housing, King County's largest nonprofit affordable housing provider, has acquired 213 affordable homes across two sites in Kent and Des Moines, Washington. This initiative is part of their strategy to maintain affordability in areas facing high rent increases. Funded by the $2 billion Amazon Housing Equity Fund, this acquisition aims to create and preserve over 20,000 affordable housing units. Bellwether's CEO emphasized the urgency of addressing housing affordability in King County, where public funding is limited and many low-income families face displacement.

Amazon Music Unlimited subscribers can now enjoy spatial audio streaming on various devices, including existing headphones, without needing special equipment. The new feature includes music mixed in Sony's 360 Reality Audio and Dolby Atmos, featuring artists like Alicia Keys and Coldplay. This development enhances the audio experience for all subscribers, who can access HD and Ultra HD music at no additional cost. Subscribers can stream over 75 million songs, with many albums in high-quality formats available, further expanding the audio library since its initial launch in 2019.

Amazon announces significant growth in its small and medium-sized business (SMB) ecosystem, reporting a 15% increase in sellers exceeding $1 million in sales. The company welcomed over 200,000 new SMBs to its U.S. store in the past year, contributing to the creation of 1.8 million U.S. jobs. The upcoming Amazon Accelerate conference, set for October 20-21, will showcase new tools and strategies for sellers. In 2020, Amazon invested over $18 billion to support its sellers, enhancing business opportunities and economic impact.

Amazon has announced the availability of 150,000 seasonal jobs across the U.S., with roles starting at an average pay of $18 per hour. Sign-on bonuses can reach up to $3,000, with an additional $3 per hour based on shifts. This hiring initiative complements the company's plan to add over 40,000 corporate positions and 125,000 fulfillment jobs. Many seasonal employees transition to full-time roles, contributing to the workforce in 250 new facilities across the country.