In 2020, the worst-hit industry is cross-border e-commerce, no doubt about it!

In 2020, the worst-hit industry is cross-border e-commerce, no doubt about it!

A month ago, the worst-hit industries were the catering, hotel and tourism industries. News that major catering companies were on the verge of bankruptcy spread throughout the circle of friends, but with the improvement of the domestic epidemic situation, these industries have shown a gradual recovery trend.


If you ask what is the worst-hit industry now, it must be the foreign trade industry .


Today, this picture has spread throughout the foreign trade circle, expressing the bitterness and sadness of countless foreign trade people.


 




Amazon's bad news continues


Recently, Amazon has been hit with bad news one after another: FBA suspended warehousing, listings were removed from the shelves, FBA delayed delivery, etc ... Sellers complained that every time there was a jam in Amazon's backend, something bad was going to happen.


Since Amazon’s US FBA suspended the warehousing of non-essential goods, yesterday (March 22), Amazon’s European site also received bad news. The Italian and French FBAs suspended consumer orders for non-essential goods.


 

Screenshot from Amazon Global Selling


Then, there was an even more explosive news, a buyer broke the news:


According to internal information from Amazon, due to the serious epidemic situation in Italy, France and Spain, Amazon will shut down all listings in categories other than the six categories of non-essential goods, and the listings will be displayed as inactive. Currently, FBA shipments are limited to three sites in Italy, France and Spain.



The news spread quickly among sellers, after which many sellers said that the listings had been partially removed from the shelves.

I thought the bad news would stop here and it wouldn’t get any worse than this. But my brother-in-law always has a “surprise” for me. Today, there is another situation that makes sellers even more frustrated: the US FBA logistics delivery time has been extended to April 21st!


In other words, FBA delivery orders will be delayed by one month before they can be shipped. Sellers have no choice but to complain and can close their shops to take a break.


Some sellers also said that the delivery time may be related to the product category and warehouse address, some until the end of March, and some until April.




Adjust your mindset and practice your inner strength


Amazon has been hit by a series of bad news, and its order sales have been cut in half. Many sellers say they can no longer bear it. They are anxious every day and can't sleep at night. All they think about every day is how to survive. Some sellers are even considering changing careers.


At this time, what is being tested is everyone's mentality. Some sellers said:

At the beginning of the epidemic, when I couldn't prepare goods and ran out of stock, I couldn't sleep every night and was very anxious. Now I have figured it out. The epidemic will eventually end. It is better to calm down and make a good operation plan after the epidemic ends. I have been developing for the past two years. During the peak season, I was exhausted from shipping goods. I felt like vomiting when I saw the goods. It seems that the business is growing steadily, but my head is a mess every day. The epidemic may be a good opportunity. I should calm down and sharpen my knife well. When I go to the battlefield, I will be much more stable.


Everyone has been affected to varying degrees by this "black swan" incident, but it also gave everyone an opportunity to improve their internal strength. A big shot with many years of Amazon entrepreneurial experience gave some advice:


  • During the epidemic, calm down and continue to optimize the listing pages, pictures, reviews, etc., which can be optimized. This is also a way to improve internal skills;


  • The development of new models continues. March and April every year are the golden time to develop new products, and we should not fall behind now.


Some sellers said that now there are no orders and the goods cannot be shipped out, so what is the point of developing new products?


In fact, it is not the case. Good products are high-quality assets. When the market picks up, you will never worry about not being able to sell them. Sellers may be busy studying various techniques, doing reviews, brushing orders, etc., and usually do not have much energy to focus on products. Now is the time to polish the product and not be led astray by external emotions.


You see, this is the difference in thinking between entrepreneurial leaders and ordinary people.


Study the sales of different categories more . During this special period, the sales of different categories have changed. If you can find opportunities from these changes and make timely adjustments, then after the epidemic, when the market recovers and rebounds, you will be the one.


Sellers can change their mindset and consider starting with the following categories:


  • Americans like to live in big houses and usually have a garden, so you can consider indoor and garden-related products; in addition, due to the implementation of the US stay-at-home order, sales of fitness, DIY, and wine utensils related products will also increase significantly.


  • Taking the Sports & Outdoor category on Amazon as an example, the products with the largest sales volume now are almost all indoor fitness equipment, while outdoor tents, picnic supplies, and beach supplies are basically not on the list:


  • Taking Amazon's Clothing, Shoes, and Bags category as an example, the best-selling items now are mainly indoor slippers, yoga clothes, masks, and personalized thin scarves used to cover the mouth and face. In the past, swimsuits, swimming shoes, sunglasses, and cycling clothes were not on the list.




Some people worry about not having orders, while others worry about having too many orders?


Today, when Chenzi was browsing the seller forum, he saw a comment that "incited hatred". A seller said:


"The price of one of my products has increased several times in the past few days. It has risen to $160. My shopping cart is almost empty. The number of orders per day is steadily more than 50. I am speechless. There is not enough stock to sell. What should I do?"


Screenshot from Zhiwubuyan Community


This is the difference caused by different product selection. Some people worry about not having orders, while others worry about having too many orders.



<<:  China is a major exporter of masks! Mask orders from China to Italy have increased nearly 40 times

>>:  Big news! Amazon Italy and France will close all listings except non-essential products!

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