Amazon's "accelerator" program aims to allow third-party sellers to become part of the "Amazon family of brands", and has launched a special feature that allows brands belonging to the Amazon brand family to promote their own brands below their competitors' listings. Launch time 2018 English Amazon Accelerator Chinese Amazon Accelerator Target platform United StatesBasic IntroductionThe Brand Accelerator Program is designed to allow third-party sellers to become part of the "Amazon family of brands," meaning that sellers selected for the program can use Amazon's brands for promotion, and sellers can promote their own brands under their competitors' listings. Advantages1. For sellers Use Amazon Brands Using the Vine Reviewer Program Long-term homepage dominance Free to participate in flash sales It is easier to participate in DOTD's store treasure promotions Fundamentally solve the problem of following sales 2. Regarding the Amazon platform itself Effective control of the supply chain: Amazon is able to more effectively control the supply chain of purchased inventory through the "Accelerator" program and use the program to obtain higher profit margins. At the same time, third-party sellers or larger brands will face competitive pressure and have to lower prices to remain competitive on Amazon. Improve brand product quality: Help Amazon improve the quality of its private-label products. Amazon’s exclusive brand portfolio in the apparel category received the lowest customer satisfaction scores compared to the largest U.S. apparel manufacturers, according to a recent report by research firm CFRA. Attract more customers: It attracts new customers while retaining the existing ones. Hence, this is likely to strengthen the customer base of the company, thereby driving its revenue growth. 3. For platform consumers Add more new choices: Enable consumers to get more new choices from the platform and buy higher quality products. Applicable categoriesApparel & Accessories Automotive Baby Beauty Business & Industrial Consumer Electronics Food & Beverages Health & Wellness Home & Kitchen Household & Personal Care Lawn & Garden Office Supplies Pets Shoes Sporting & Outdoors Tools & Home Improvement Toys and more. Application Requirements 1. Equipped with a small single-shot quick response production line. Review timeIt takes 4-6 months to complete the review Review contentAmazon will review the qualifications of relevant sellers, including social responsibility and labor environment review (ISO standards), European safety certification review, and Amazon accounting review. In other words, Amazon is likely to conduct factory inspections. commissionAmazon said at the conference that the commission for the accelerator program is 10%, but it did not specify whether this is 10% on top of Amazon's existing fees or if the commission for all categories is uniformly 10%. DevelopmentIn November 2019, Amazon India announced the official launch of the Amazon Accelerator program to further expand its own brand business. References
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