We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Helium 10 Buzz 12/12/24: Chinese Sellers Struggling? | TikTok Shop, Amazon New Countries

Helium 10 Buzz 12/12/24: Chinese Sellers Struggling? | TikTok Shop, Amazon New Countries

2024/12/12
logo of podcast Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

Serious Sellers Podcast: Learn How To Sell On Amazon FBA & Walmart

AI Deep Dive AI Insights AI Chapters Transcript
People
B
Bradley Sutton
Topics
Bradley Sutton:本期节目讨论了中国卖家在亚马逊和Temu平台上面临的困境,以及TikTok Shop进军西班牙和爱尔兰市场,亚马逊即将进入爱尔兰市场等电商行业热点新闻。文章指出,由于竞争加剧,中国卖家在去年的黑色星期五促销活动中并没有获得预期的利润增长,一些卖家的利润率甚至出现下降。同时,节目还分析了Shein和Temu等快时尚品牌利用美国关税漏洞降低产品价格的策略,并介绍了亚马逊与Intuit扩大战略合作,以及亚马逊卖家中心新增客户服务质量洞察功能和生成式AI工具等最新动态。最后,节目重点介绍了Helium 10的最新功能,包括Black Box和Product Launchpad中新增的按产品变体显示销售额的功能,以及Brand Analytics中新增的多时间范围选择功能,并推出了TikTok Shop利润计算器,方便卖家计算TikTok Shop上的利润率。

Deep Dive

Key Insights

Why are Chinese sellers on Temu and Amazon struggling?

Chinese sellers on Temu and Amazon are facing reduced profits due to intense competition and cut-to-the-bone pricing strategies. A clothing factory owner in Guangzhou reported a 30% drop in Black Friday sales compared to the previous year, and another seller saw only a 20% increase in sales volume with minimal profit.

Which new marketplaces has TikTok Shop launched in?

TikTok Shop has expanded its operations to Spain and Ireland as part of its European rollout. This marks the first time TikTok Shop has been available in these countries, following its previous availability in the UK and the US.

What is the significance of Amazon opening a new marketplace in Ireland?

Amazon is launching its marketplace in Ireland, with the domain amazon.ie. Businesses in Ireland can now register to sell on this platform, which is set to officially open in 2025. This expansion aims to tap into the Irish market and provide local sellers with a new sales channel.

How does the new price discount feature on Amazon work?

Amazon sellers can now set a minimum discounted price floor when creating percent-off discounts. For example, if a 20% discount is applied to a $100 item with a minimum discounted price of $75, the discount will deactivate if the discounted price falls below $75, preventing accidental underpricing.

Why are products from Shein and Temu so inexpensive?

Shein and Temu exploit a legal U.S. tariff loophole that allows products under $800 to be imported without certain tariffs. This loophole enables these companies to offer products at significantly lower prices compared to competitors.

What is the new strategic partnership between Amazon and Intuit?

Amazon and Intuit are expanding their strategic partnership to provide Amazon sellers with more seamless access to Intuit products, such as QuickBooks. This integration aims to simplify accounting and financial management for sellers using both platforms.

What new customer service insights are available on Amazon Seller Central?

Amazon Seller Central now offers three new customer service quality insights: preventable contact rate, average contact response time, and buyer dissatisfaction rate. These metrics help sellers monitor and improve their customer service performance.

What is the new Generative AI feature for Amazon A+ Content?

Generative AI tools are now available in the A+ Content Manager for all Brand Registered sellers in the US. These tools allow sellers to create enhanced content using AI-generated suggestions, streamlining the content creation process.

What is the new feature in Helium 10 for sales estimates?

Helium 10 has introduced a new column in Black Box and Product Launchpad that provides parent-level and ASIN-level sales estimates. This allows sellers to see detailed sales data for both parent products and individual ASINs, which was previously unavailable in other tools.

How can sellers calculate profit margins for TikTok Shop using Helium 10?

Helium 10's TikTok Shop profitability calculator allows sellers to estimate profit margins by inputting data from their Amazon listings, including box size, weight, shipping costs, and affiliate commission rates. This tool supports different fulfillment methods, such as TikTok Shop fulfillment, MCF, or self-shipping.

Chapters
Reports suggest that Chinese sellers on Amazon and Temu faced reduced profits during Black Friday, indicating increased competition and potentially impacting their dominance in the market. The situation is complex, highlighting the challenges faced by these sellers and prompting questions about future market dynamics.
  • Reduced Black Friday sales for Chinese sellers on Temu and Amazon.
  • Increased competition impacting profitability.
  • Cut-throat pricing eroding profit margins.

Shownotes Transcript

Translations:
中文

Chinese sellers on Amazon and Timu struggling? TikTok shop opens in two new marketplaces. Amazon's about to open in a new country. These stories and more on today's Weekly Buzz. How cool is that? Pretty cool, I think. ♪♪♪

Hello, everybody, and welcome to another episode of the Serious Sellers Podcast by Helium 10. I am your host, Bradley Sutton, and this is the show that is our Helium 10 weekly buzz, where we give you a rundown of all the goings on in the Amazon, TikTok shop, and e-commerce world. We give you training tips for the week, and we also let you know what new features Helium 10 has that will give you serious strategies for serious sellers of any level in the e-commerce world. Let's see what's buzzing.

We've got tons of articles to go over today, so I'm just going to go ahead and hop right into it. And one that might be kind of like music to some ears is this notion that maybe, hey, you know, some sellers from China are struggling. Now, this is not what we want to see. We don't want to see any Amazon sellers struggling. But the ones that are from like, you know, Timu and Sheen, sometimes people are worried that, oh, my goodness, they're going to eat my lunch for sales and they're going to, you

And sometimes, you know, like we feel that maybe some of our factories in China are selling our products directly. And so, you know, we should never rejoice in anyone's misfortune. But I'm just reporting the news here. And this article says no Black Friday windfall for Chinese sellers on Timu and Amazon as competition rises. The article says cut to the bone pricing is easy.

is eating into the profit margins of Chinese merchants selling online. So for those of you who think, oh, my goodness, you know, just, you know, Chinese sellers just have this these unfair advantages over the rest of us from Europe and the US and other locales. Well, you know, it's not all rainbows and unicorns for Chinese sellers right now. This article is talking about, hey, Chinese sellers on overseas shopping sites from Tmoo to Amazon are struggling to turn a profit during this year's Black Friday sale.

A clothing factory owner in Guangzhou said Black Friday sales at his Timu store plunged 30% from last year. Another one said that their shop offered discounts, but sales volume was only up 20% higher than usual. He says that there wasn't much profit at all. However, on the flip side, says TikTok shop invited Nicki Minaj to host a live stream shopping event on November 24th.

and had TikTok shop records of 3.6 million viewers and 20,000 orders. Hey, maybe live selling is finally coming on strong. But anyways, I have a sneaking suspicion that

Some of you U.S. sellers are not exactly shedding tears over this news about, you know, maybe some sellers from China might be struggling a little bit. But hey, guys, you know, we don't want to wish misfortune on anybody. But what we can wish for is maybe a little bit more level playing field. And who knows, maybe this trend is going to result in perhaps not so much undercutting of price that we've seen in the past coming out of China.

other countries so it'll be worth watching to see you know what what goes on in the future next article is from yahoo and it says tiktok shop goes live for spain and ireland in europe rollout all right so um you know until now i believe you know tiktok shop has been available you know obviously just in the uk and us but now hey it is going to start on or it has started on the

on Ireland and also Spain. Now, interesting tidbit here in this article says TikTok tripled its U.S. shopping sales to more than 100 on Black Friday, a sign the looming ban has done little to dampen interest among the more than 170 million Americans who use the app every month. By the way, guys, we're going to have a workshop today with Michelle, who's going to talk about TikTok shop. If you missed that webinar,

reach out to customer service. You might, there might be a replay or just wait. We're going to have clips from it on a future podcast right here on whatever you're watching this on. Next article is again, talking about new marketplaces. This time, Amazon, do you know that Amazon is opening in a new marketplace? Do you know what it is? It is Ireland. All right. So amazon.ie is countdown officially started. According to Amazon, they, they, they announced a new regional manager and

And businesses in Ireland can now register their accounts. There's a link in the article here below where they can register their accounts to sell on Amazon. I.E. in twenty twenty five. So if you're living in Ireland, make sure to go ahead and register to be one of the very first sellers there.

in Amazon's brand new marketplace. Next article is from Seller Central's dashboard. It's about discounts. It's entitled create percent off price discounts with minimum discounted price floor. All right. So this means that it says here, when you create a price discount, you can enter a percent off discount like you normally would like, Hey, you can do a 20% off discount, a hundred dollar item. That means the discounted price will be 80. But now to make sure that you don't

accidentally do some crazy, you know, low price that you didn't want to do, you can put a minimum discounted price. For example, if you do that 20% discount and you set the minimum discounted price of $75, right? Now, if for whatever happens, like let's say your regular price goes to $90. Okay. Your regular price. Now,

That 20% discount would apply to the $90 price resulting in a price of $72. What's going to happen here? You put a discount.

floor of 75%. Well, what's going to happen is your discount will automatically deactivate. All right. Because the discounted price of $72 is less than what you had put as the minimum of 75. So this is kind of a cool thing. You know, this might, uh, avert some disasters of, you know, like maybe some employee lowers your price because they didn't know that you had a discount somewhere else. And then, you know, like all of a sudden you're giving people a 50% off. Well, well, this is going to avoid that next articles from Forbes.

And this is something that's not new information, but for those who are curious, you know, we talked about Timu and Sheen and things, but for those who are curious, how can these websites offer products and things for like $3? Like what is going on? Well, this article from Forbes explains this and tell how Gen Z fashion brands Sheen and Timu

exploit a legal U.S. tariff loophole. So it talks about the tariff loophole where, you know, it's products under $800, et cetera, et cetera. And so just maybe, you know, for those of you just wondering, like, how in the world can these companies operate at these prices? Well, this will, you know, kind of explain that. Next article we have is from Amazon itself, and it's entitled Amazon and Intuit Expand Their Strategic Projects.

It says next year, Amazon sellers can benefit from more seamless access to Intuit products with Amazon Seller Central. Intuit is kind of like QuickBooks and a whole bunch of other things. So I'm just curious, how many of you sellers out there are using like QuickBooks to do accounting? Who knows? Maybe this means that there can be something in Helium 10. Would you like Helium 10 to connect to QuickBooks utilizing this new Amazon partnership? Let us know in the comments below. Next article, going back to Seller Central Dashboard.

New customer service quality insights available. There's three new things on this dashboard called preventable contact rate, average contact response time and buyer dissatisfaction rate. All right. Now, I'm not even sure how these things work, you know, but here this is how it looks for those watching this on YouTube. One of my accounts has it.

And preventable contact rate, it says it tracks customer service contacts from buyers seeking a refund or replacement due to a product quality or shipping problem, excluding buyers who simply changed their minds. And it's calculated by taking the number of preventable contacts, dividing it by the number of items shipped. But.

A lot of these contacts don't go to we, the buyers, they go directly to Amazon. So again, I need to look into this more to kind of understand how this is being calculated. But hey, my performance is 0%. So that must mean I'm doing pretty good. But you can also see buyer dissatisfaction rate and average response times. And while I was looking at this, I had noticed

That all my seller feedback, I actually had a couple of negative seller feedbacks. I easily got removed. It means I wasn't watching my helium 10 alerts. Remember in helium 10 alerts, you can set an alert for if you get negative feedback, it'll let you know. So right away you can go in and, um, you know, delete that feedback or get Amazon to delete it. If you know, cause 90% of them are not valid.

and to keep your customer, your feedback rating at 100%. Like now Project X is at 100%, but it was at 50% because I didn't notice there was a couple of negative feedbacks that needed removing. So just a reminder too, on this dashboard, you can also control your negative feedback. And if you don't want to be checking it every day, just set that as an alert in Helium 10 and we'll let you know whenever you do have a negative feedback. Next article is from Seller Central. Do you remember how back

in Amazon Accelerate and Unbox, we talked about a whole bunch of new Gen AI features that were coming for Amazon advertising. Well, some of them are now available, especially in the A-plus Content Manager. All right. So go to A-plus Content Manager in Seller Central, find the modules that say AI ready, and then go ahead and start playing with it. Let me know what you think. You know, sometimes the Gen AI tools that Amazon has is pretty cool. Sometimes

might need some work. I haven't tried these. Well, I want you guys to and let me know in the comments below how it's working out for you. All right. One more thing I want you guys to bookmark. Go to Helium10.com forward slash blog. We've been launching a lot of fire blogs lately. Like here's one that Carrie just did recapping all of the 2025 fee changes, not just on Amazon fulfillment, but on MCF.

um, a AWD, et cetera. Make sure to check out that article. Um, I did a couple of articles, uh, last week about the accuracy of helium 10 sales estimates. Like you ever wonder how accurate it is compared to Amazon compared to other tools like jungle scout, data dive, et cetera. Helium 10 blows the other tools out of the water, including even Amazon's estimates. So you might be wondering how is that possible? Make sure to check out that article again, go to helium 10.com forward slash blog.

All right, let's get into the Helium 10 new feature alerts. The first one I want to show is in pretty much it's in Helium 10 in black box and product launchpad. Any tool that has like sales estimates right for products, you now have a new column. So like, for example, here's some black box results and you'll notice there's a parent level revenue and an ASIN revenue.

Okay. Parent level sales and ASIN sales. So you'll notice this first product. I don't know. This looks like a game. The number is the same. Well, what does that mean? It's probably does not. It's not a variation. Right. But then some of these, you might see something different. Like for example, here is a coastal pet Safari dog, soft slicker brush. You'll see the parent sales is one 14 ASIN sales is 25. So in the results, this is an ASIN that's coming up in the results of black box. Okay.

This particular ASIN must be a child item because it's got 25 estimated sales, but the overall estimated sales for all variations in the family are 114. Again, this is exclusive with Helium 10. You use any other tool, you are not going to see estimates at the child level. All right. This is what sellers have been asking for for years to be able to know what estimates the

child items have. Well, now we have got that available. Another tool that's now available only for helium 10 elite members, but eventually it'll come to helium 10 diamond. You elite members who are watching this, make sure to go check it out here in brand analytics, black box, ABA top search terms. You can now select multiple ranges. All right. So this is kind of like a game changing feature.

You know how I don't use that term lightly. It changes the game because whether you're using Helium 10 to look at brand analytics or whether you're using Seller Central, what do you have to do? One by one, download every single week you're looking at data and then put them all together and try and figure out. Now, watch this. I put in my coffin shelf and I want to see for every week, like in the last six or seven or eight or nine weeks, or I can go up to like 20 weeks,

what were all of the keywords that I was one of the top three clicked. All right. So instantly I am going to be able to hit apply filters. I'm going to be able to see, Hey, I was one of the top three clicked for nine different keywords. And I can see some of these, how many weeks I was like, look at this coffin shelf. Almost every single week. I'm one of the top three click, but look at this one. Oh,

Lawyer's coffin. I don't even know how that's a keyword. Lawyer's coffin. I was only one week. I was one of the top three clicks. So this is like super, super cool. This is basically kind of like seeing what keywords are driving sales. So again, this is for elite members now.

Don't worry, it's coming to Diamond soon. So I'm giving you guys a sneak peek, but I'm probably more excited about this little feature than any feature in the last two, three months that Helium 10 has dropped because this is saving hours and hours of time of having to go through brand analytics data super slowly.

All right, now let's go with the training tip of the week. And today I talked a little bit about TikTok shop. We're doing a big workshop on TikTok shop, a podcast coming out about it. A lot of, you're going to see a lot of things about TikTok shop coming up. Now, if you are interested, like, or just wondering what kind of profit margins can I have on TikTok shop from your Amazon products? Well, go, just go to your listing or go to your competitors listing, right? And on

on Amazon. And then all you have to do is hit the profitability calculator, just like you would the same profitability calculator, or you can check Amazon profitability and you'll notice a third tab. It's called tick talk shop. This is bringing in all of the data from your Amazon listing. So like, you know, your box size and weight and, and all those things.

And, and, you know, you, you put in just like normal, your, you know, your shipping prices and things like that. And then your affiliate commission rate, how much do you plan on dedicating to, you know, giving to affiliates to promote your products? And this is going to give you your profit margins, whether you use fulfilled by Tik TOK,

whether you're using MCF from Amazon, you know, a lot of you might choose MCF to ship your TikTok shop products or whether you're, you're self shipping your own products. So if you just want to like, kind of like a quick glance at, Hey, how profitable would my product be on TikTok shop, depending on how much, you know, I'm dedicating to, you know, influencer marketing and, and depending on what kind of fulfillment I'm using, make sure to use the helium 10 TikTok shop.

shop calculator that's on any Amazon page. All right, guys, that's it for the news and features of this week. We'll see you next week to see what's buzzing.