Amazon.com Inc., criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales. The sum includes investments in the company’s warehouse network dedicated to storing and shipping sellers’ items and personnel who operate the digital marketplace and deal with individual merchants. It also includes developing new services, such as a dashboard that helps sellers decide what new products to carry, and a revamped training program. Nicholas Denissen, a vice president, declined to say how the company’s anticipated $15 billion in spending had changed from 2018 or what portion of Amazon’s companywide expenses it represents. “I would say it’s a lot of money,” he said. Besides buying and selling goods itself, Amazon has for more than a decade rented space on its website to third-party sellers — many of them mom-and-pop merchants — who last year accounted for 58 percent of the company’s unit sales. Many of these sellers have built profitable businesses on Amazon. But some have complained in recent years about the rising costs of using the company’s logistics network and buying ads to stand out on the increasingly cluttered website. Some have tried… Read full this story
- Prime Day 2017 To Break Records For Small Businesses And Entrepreneurs
- How to Use OpenStack in Your Small Business
- Is the Amazon Kindle Good For Business?
- Six alternative tools for small business collaboration
- Blade servers: Big power for small businesses
- How small businesses can win in the tight economy
- 6 Top Picks for Small Business Collaboration Software
- 7 ways small businesses can benefit from mobile apps
- Covad targets small businesses with integrated phone and Internet service
- Large and small businesses share similar concerns about UC adoption
Amazon’s $15 billion small business charm offensive have 294 words, post on www.bostonglobe.com at August 22, 2019. This is cached page on Business Breaking News. If you want remove this page, please contact us.