Dave discusses Amazon's Q3 2024 earnings report, how much their revenue has grown in advertising, third party seller fees, and retail, and what this means for third-party sellers. He delves into Amazon's revenue streams, particularly focusing on the surge in advertising fees, the relatively stable growth of FBA fees, and the overall impact on sellers in the e-commerce space.
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Takeaways
- Amazon's Q3 earnings report shows a 19% increase in advertising revenue.
- FBA fees growth was only 10%, indicating stability for sellers.
- Online store revenue increased by 8%, a positive sign for Amazon's growth.
- The surge in advertising costs is outpacing retail sales growth 2x.
- Placement fees may not be as damaging as initially thought.
- Amazon's stock price rose by 6% following the earnings report.
- The growth rate of advertising revenue is the lowest in four years.
Timestamps
- 00:00 Amazon's Q3 Earnings Overview
- 05:03 Advertising Revenue Surge
- 09:52 FBA Fees and Seller Services
- 15:05 Implications for Third-Party Sellers
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Until next time, happy selling!
The Ecomcrew Ecommerce Podcast