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By Edward Devlin2021-03-05T11:29:00+00:00
Amazon is turning the screws on its growing grocery supply base with tougher new terms as shoppers use it to spend more money on food and drink products.
New terms proposed by Amazon to suppliers seen by The Grocer revealed requests for lower cost prices, bigger marketing fees and longer payment terms, with the option to move from 60 days to 90 days or remain on 60 with a 1% discount for quick payment or 75 with a 0.5% discount.
Suppliers must tick a box to either agree or disagree with the terms.
The new Amazon terms sheet also stressed that “improving product costs is essential for the overall health of your business on Amazon and may have an impact on the number of orders you receive.”
ChannelAdvisor Announces Platform Enhancements Designed to Optimize Retail Product Content and Improve Operational Efficiency
New features also include fulfillment monitoring capabilities, support for new sales channels and Managed Services for Amazon DSP
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RESEARCH TRIANGLE PARK, N.C., Jan. 12, 2021 /PRNewswire/
ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced new platform capabilities and an expansion of services to help brands efficiently manage product data for retailers, monitor fulfillment performance, expand to new channels, and leverage Amazon s demand side platform (DSP) for advertising. ChannelAdvisor will present these new enhancements and services in a