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- Amazon Teams Up with Paypalš„
Amazon Teams Up with Paypalš„
Plus: YouTube rolls out āPause Adsāš„, while Walmart kicks off holiday shopping early with massive dealsš!
Yes! š«µYou read right. The duo is set to take the e-commerce world by šŖļø and to improve checkout experience for Prime members.
Hello there, and welcome to The Ecom Press, your weekly roundup of the latest news, trends, tools, and strategies on everything ecommerceš!
This week, news about Amazon and PayPal teaming up made roundsšØ, while YouTube brought the heat to our screens with āPause Ads.ā But thatās not all; Walmart announced mouth-watering holiday deals āāš¤¤ you certainly canāt resist.
If you can, slide in š, letās find out!
In a rush? Hereās the juiceš¤:
š³ Amazon teams up with PayPal!
š„ YouTubeās pause button goes prime for advertisers with āPause Ads.ā
š Walmart kicks off holiday shopping early with massive deals ahead!
š§° Tool Spotlight: Amazon Ads Video generator.
ā”ļøWorthy Mentions
Source: Sell on Amazon āAmazon Accelerate 2024: Opening General Sessionā | YouTube
At last weekās Amazon Accelerate sellerās conference, the ecommerce giant revealed several exciting updates that could transform online shopping. From payment partnerships to advertising solutions with AI tools for sellers, Amazon is clearly focused on improving the experience for both merchants and customers across the web.
Hereās what went down:
š¤Amazon Partners with PayPal: The duo partnered to offer Prime members a faster, more convenient checkout experience on websites that have integrated the Buy with Prime API. This allows shoppers to select PayPal as a payment option only after logging into their Amazon account. But thatās not all. In the coming year, Prime members will now be able to link their Amazon and PayPal accounts, which will afford them Prime benefits, including free, fast shipping, whenever they pay with PayPal.
The giants predict an increase in sales and improvement in the overall shopping experience as a result of their collaboration. Also, customers are expected to shop at ease across multiple platforms.
š ļøNew Ads and Fulfillment Enhancements: Amazon further introduced new advertisement solutions to help businesses drive traffic. The list includes Amazon Demand-Side Platform (DSP), Google Shopping Ads, and TikTok Ads, allowing sellers to display Prime branding and delivery estimates to shoppers.
Meanwhile, Amazonās Multi-Channel Fulfillment (MCF) has expanded, with a staggering 200,000 plus U.S. merchants using the service and a 70% year-over-year growth in orders fulfilled. MCF also sped up standard delivery to just 3 business days, helping to boost conversion rates.
To say the least, Amazon has quite a robust infrastructure merchants can leverage to increase customer satisfaction and ultimately grow their revenue š¤.
Source: Alex Castro | The Verge
YouTube has confirmed the rollout of pause ads, which will appear when users pause a video on the platform. Following a 2023 pilot launch on smart TVs, the streaming platform has now expanded it to all advertisers due to high demand. Unlike traditional ads that interrupt content, pause ads only display when a user pauses a video, occupying a small part of the screen.
Why does this matter?
šNew advertising opportunities for businesses: Itās literally another gold mine for businesses to tap into, and itās applaudable how YouTube has managed to leverage āidle attention.ā Brands can showcase products and services, capitalizing on this window of inactivity because viewers are likely to be more receptive since the ads will not interrupt the content flow.
šØāš»Appeals to viewer experience: While it may seem intrusive at first, their non-disruptive nature (unlike the traditional ones) makes them more tolerable. The only escape here would be to subscribe to YouTubeās ad-free premium plan. Whichever way, you have to pay with attention or subscriptions to enjoy the platformās content. And it's only a matter of time before it is adopted by other platforms, making it a norm.
Source: Walmart
The retail giant, Walmart, is officially starting the holiday shopping season much earlier than in previous years. Running from October 8 to 13, the Walmart Holiday Deals event will be hosted in stores and online, offering loads of incredible discounts on a wide range of products.
Exclusive deals will be available for Walmart+ members starting at 12 a.m. ET on October 8, with everyone else gaining access at noon. And thankfully, the sale also coincides with Amazon's Prime Big Deal Days, giving Walmart customers another chance to snag the season's top items at discounted prices.
What to expect?
šMassive Holiday Savings and Deals: Expect deep savings on popular items like electronics, household goods, and fashion items. With a 60% discount š±āā on this GTRacing Office Chair and DR. J Professional HEPA Air Purifier up for grabs, Walmart is definitely setting the stage for an extravagant shopping spree šø.
š„Inflation-Free Holiday Meal: With inflation concerns still in the air, Walmart is offering some relief on essential holiday mealsāa much-needed break to celebrate without breaking the bank. Starting October 14 to December 25, customers can buy a meal serving up to 10 people for just under $7 per person, with pickup or delivery. Whatās more, for the first time, they can gift this meal to friends or family anywhere in the country.
š¤Expanded Delivery Reach with AI: Expect to shop convenientlyāeven at the last minuteāwith Walmart expanding its AI-powered delivery network to an additional 12 million households. Express Delivery will be available in 30 minutes and Early Morning delivery will start at 6 a.m.
šļøThe Ecom Press Insider
Source: ChatGPT Image Generator
Ecom Nuggets: According to Forbes, social commerce is already making waves, accounting for 10% of all ecommerce sales, and itās set to hit 17% in just three years. If your products arenāt popping up between cat videos, itās time to jump on board.
Donāt let those sales scroll past you!
š§°Tool Spotlight: Amazon Ads Video generator.
When creativity hits the wall in 2024, AI saves the day! How so?
Amazonās new Video Generator and Live Image features make creating ads easier and more engaging for brands. With the help of generative AI, you can turn your simple product images into eye-catching video content or even animated images in a breeze.
Why it matters: 89% of consumers want more video content from brands, according to Wyzowl. Automatically, businesses would have to increase advertising budgets with expensive productions or design teams to meet such demands.
Thatās why this innovation is quite practical in helping Amazon sellers stand out from the crowd with professional-quality ads, boosting their customer engagement and marketing game.
How to apply this:
Use Video Generator to create custom video ads that showcase your product's key features.
Enhance your product listings with Live Image to add dynamic visuals to your ads.
Overcome time and budget barriers by utilizing these AI tools for faster, high-quality ad creation. You can test different ad creatives quickly to see what resonates best with your audience. Thatās quite some tea āļø!
Source: Amazon Ads āHow to use Amazon Ads Video generatorā | YouTube
Ready for a quick tutorial? Hereās a quick guide on How to use Amazon Ads Video generator.
AI is definitely disrupting the norm, and the benefits are mind-blowing, you would agree!
ā”ļøWorthy Mentions
KFC India introduces sign language training for all employees as part of its Kshamata initiative.
Kmart set to close last full-size store in continental U.S. in October.
Nike appoints 1988 intern turned executive, Elliott Hill, as new CEO, effective October 14.
Lunchly Debuts: PRIME and Feastables team up to disrupt the school lunch market.
Snapchat can feature your face in ads via 'My Selfie' feature.
And thatās a wrapš®āšØ!
Amazon x Paypal, YouTube leveraging idle attention, and Walmartās holiday bonanza? Which did you see coming š¤? Or would you even trust AI to handle the visual storytelling of your brandš¤?
Letās do this again, shall weš¤?
PS: Hit that subscribe button if you havenāt alreadyā·ļø!