2023 Amazon Predictions & 2022 Year in Review
Let's face it folks, 2022 was nuts.
We started the year with COVID supply chain issues that carried over from the previous year. Russia invaded Ukraine, which led to a disruption of global trade.
We had midterms here in the US that didn't go exactly as predicted, inflation took off, and we ended the year in a constant threat of a looming recession.
But even with all this, we made it to 2023.
In this episode, Shannon and I recap the events of 2022 and their impact on Amazon and Amazon sellers and predict what's to come for 2023.
Without a doubt, the biggest issue for 2023 is the threat of a looming recession. Many sellers and brands are worried about what this means for their businesses.
Having been in this game for more than 20 years and gone through the great recession, this is not the time to be afraid. This is the time to get ready to pounce by keeping your growth mindset.
Some of your competitors who are looking at this the wrong way will wither away and die. It's your chance to eat into their market share. Some of the biggest well-known brands in the world started and became famous during a recession because they didn't give in to it.
Tune in to this episode to hear our predictions on what's coming up for Amazon and Amazon sellers and how best to take advantage of upcoming opportunities.
Key Takeaways
- What's happening with Andy Jassy at Amazon (03:32)
- Customer engagement on Amazon (05:48)
- Amazon acquisitions in 2022 (10:35)
- Role of influencers on the Amazon platform in 2023 (13:41)
- What's coming up on the Antitrust front? (17:22)
- Buy Box Suppression in 2023 (21:24)
- Will Walmart eat into Amazon's market share (25:37)
- Amazon advertising predictions (28:07)
- Optimizing Amazon listings for mobile (36:40)
- How recession will impact Amazon sellers (42:01)
Additional Resources:
- Schedule a FREE consultation with the Ave7 team
- Grab the FREE Amazon Seller Central Checklist
- Get the book “The Amazon Jungle” book by Jason Boyce
- Learn more about Avenue 7 Media
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Day 2 Podcast has a goal of helping Amazon sellers learn how to launch, grow and protect their brand on the world's largest online marketplace (and beyond).
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