As Q4 approaches, retailers are preparing for the most lucrative holidays of the year. With sales escalating, brands must anticipate and manage considerable demand. Effective Q4 planning occurs on both DTC and marketplace channels, aligning internal teams to strategize and consolidate initiatives. Preparations are comprehensive and include managing catalogs, merchandising, inventory, advertising, and marketing.
As retail prices surge, customers are restructuring their budgets to align with shifting priorities. With so many product subscriptions accumulated during the pandemic, users are canceling ones that no longer meet their needs. Consequently, brands are competing to maintain relevance in the market. So what trends and patterns can you observe in the subscription space, and how can you leverage them to retain customers?
Amazon’s complex terms, conditions, and fines have hindered brands’ financial clarity, and the consistent influx of Vendor Central chargebacks and shortages compromises account profitability. While many sellers believe they have low chargeback and shortage rates, they often lack the appropriate data to identify and report errors and claim refunds. Moreover, there is a significant disconnect between Vendor Central finance and Amazon Direct teams, as neither party communicates about financial discrepancies and the associated dispute opportunities.
In a post-pandemic landscape, customer acquisition costs are rising, and shoppers are more likely to adjust their preferences and brand loyalties. Consequently, conversions are a pressing concern for many brands as they look to identify new data sources to assess shopping habits and competition, make informed business decisions, and refine the customer experience.
