@michaelpatron0 Now you can add “Featured on CNBC” to your Amazon image stacks
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Dan Stoyan
435 posts
Dan Stoyan
@dan_stoyan
Founder of a smart healthcare startup - 7 figure Amazon seller
Greenville, SC Katılım Ocak 2019
487 Takip Edilen386 Takipçiler
First time I ever went on the record with a reporter even though I've been asked a million times. Feel like Amazon has gone too far this time and hope everyone sees it.
cnb.cx/4mwg0sp
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Dan Stoyan retweetledi
In the last 12 months I have spent over 7m on Amazon ads alone. Yesterday I was notified that 1 Aug I can no longer use CCs. This coupled with DD+7 is painful for any biz's cash flow. @amznsellerhelp @amazon there has to be a better solution for us bootstrapped businesses.
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Dan Stoyan retweetledi
Amazon is scrambling with scattered emails because we pushed back.
Good.
Small businesses always get ignored and crushed. Not this time!
This is not a win yet.
They have not rolled anything back.
They are delaying, deflecting, and trying to kill momentum.
Do not stop now.
The April 15 Amazon Ads boycott is still on.
Join MDS in this push.
At 12am tonight, post your screenshot with budgets capped at $1 or campaigns paused.
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Dan Stoyan retweetledi
@dholmes94 and you’d rather sit and wait till Amazon nickels and dimes you into oblivion
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This is a joke.
Classic prisoners dilemma problem.
I’ll bet somebody $500 this doesn’t happen.
Eugene Khayman@EugeneKhayman
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Do you need to ship from Vietnam to the USA?
We opened an end-to-end turnkey logistics service between Hanoi/Ho Chi Minh and Los Angeles.
- We will pick up in Vietnam
- We will ship (less than a container is no problem)
- We will get it to where it needs to go in the USA
And if something goes wrong, you tell me publicly. I will stand by the quality of our service.
Anywhere in Vietnam to Los Angeles is $150/CBM this month. Direct service. Departs every week. 15 days port to port.
It’s not LCL. We’re bypassing the headaches and bullshit, getting you your goods fast, easy, and cheap. And we can deliver to Amazon.
So if you need to move goods from Vietnam and the USA, reply and let’s do some business!
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Dan Stoyan retweetledi
Amazon built its empire on the backs of third-party sellers, but @amznsellerhelp is pushing us to the breaking point.
Enough is enough.
We’re pausing our ad spend on April 15th.
If you sell on Amazon, turn off your campaigns and join us. We need to hit pause together. 🛑👇
Eugene Khayman@EugeneKhayman
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@MillPrue 🤯 Wow. They they said they want to help us with “better cash flow management”
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Dan Stoyan retweetledi
This is the reality for my business with the changes from Amazon recently. DD+7 and Ads Changes. I use a tool called ExpandFi to measure LTV across Shopify and Amazon (aggregated data) and they built this tool in to understand how it impacts my business. Good times.
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LMAO - been asking Amazon's own AI about their new fees - even Rufus sees the problems...
Amazon's own AI calls this a "CASH FLOW NIGHTMARE". Amazon AI even recommends sellers "Diversify to eBay, Walmart and Shopify". LMAO...I am dying over here.
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Dan Stoyan retweetledi
Amazon is holding $63k of our money against $7k in refunds and $0 in chargebacks when we've been selling on the platform for over 10 years and have $156,000 in inventory in their warehouses.
Is this about protecting Amazon or the interest they can make on holding the $63k?
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Dan Stoyan retweetledi
Coincidence but it just so happens we finally launched on Tiktok Shop the week that Amazon raised our fees 3.5% and decided to remove our ability to pay our ad invoices with CC. Amazon is grasping for more revenue from sellers but thinks the way to do it is by raising...
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Dan Stoyan retweetledi
15B in annual revenue is most likely more than 2% of all 3P revenue on Amazon US. Maybe Amazon should listen to us a bit more when just 800 sellers are spending more than a billion a year on PPC and another few billion on fees. lol. Ppl don't just boycott for the fun of...
Eugene Khayman@EugeneKhayman
My community has $15b of yearly sales on Amazon with 800+ members. These are small businesses. They employ real Americans and support local communities. They do not have large margins to absorb shocks. Every year Amazon squeezes them more and supports overseas Chinese sellers instead of local American businesses. Now Amazon is hitting sellers with even more of a squeeze all back to back: 1.Amazon has moved many sellers to DD+7 Meaning funds are held until 7 days after delivery, not simply paid out on the old cadence. 2.Amazon just added a 3.5% fuel/logistics surcharge on fulfillment fees. 3.To top it off now Amazon Ads charges will be pulled directly from disbursements rather than floating on a credit card. That combination matters. Amazon already forces sellers into an environment where ads dominate visibility. So now the same platform that pressures brands to spend more on ads is also tightening payout timing and pulling more cash out before sellers ever see it. For a very large business, this is just a minor annoyance. But for a small business making payroll just got 50x harder. Less cash on hand means: less inventory more stockouts more debt more strain on small teams and ultimately a worse customer experience This is not “supporting small business.” It is starving the brands that create so much of the value customers come to Amazon for. @WSJ @business @nytimesbusiness @BusinessInsider @ReutersBiz @CNBC @APBusiness If you’re covering Amazon, local communities hit by a hard economy and large companies trying to squeeze hardworking Americans hit me up.
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There are talks in my seller community to do a PPC boycott for a few days.
I am more than happy to participate.
We already switched a huge portion of our ad spend to Meta. Turning off PPC will give us a nice profit boost.
@dharmeshmehta @amznsellerhelp @ajassy
Eugene Khayman@EugeneKhayman
My community has $15b of yearly sales on Amazon with 800+ members. These are small businesses. They employ real Americans and support local communities. They do not have large margins to absorb shocks. Every year Amazon squeezes them more and supports overseas Chinese sellers instead of local American businesses. Now Amazon is hitting sellers with even more of a squeeze all back to back: 1.Amazon has moved many sellers to DD+7 Meaning funds are held until 7 days after delivery, not simply paid out on the old cadence. 2.Amazon just added a 3.5% fuel/logistics surcharge on fulfillment fees. 3.To top it off now Amazon Ads charges will be pulled directly from disbursements rather than floating on a credit card. That combination matters. Amazon already forces sellers into an environment where ads dominate visibility. So now the same platform that pressures brands to spend more on ads is also tightening payout timing and pulling more cash out before sellers ever see it. For a very large business, this is just a minor annoyance. But for a small business making payroll just got 50x harder. Less cash on hand means: less inventory more stockouts more debt more strain on small teams and ultimately a worse customer experience This is not “supporting small business.” It is starving the brands that create so much of the value customers come to Amazon for. @WSJ @business @nytimesbusiness @BusinessInsider @ReutersBiz @CNBC @APBusiness If you’re covering Amazon, local communities hit by a hard economy and large companies trying to squeeze hardworking Americans hit me up.
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Dan Stoyan retweetledi
Everyone was mad when Meta removed credit card payments. They are mad because for many low margin sellers, this is how they fund vacations.
a tiny small bonus for dealing with the pain of selling online.
But Meta isnt the bad guy.
Google removed credit cards first.
And amazon is ACTUALLY hostile to their sellers.
Meta wants you to grow. Meta wants you to spend more. Meta grows as you grow.
Amazon isnt growing.
Their retail sales are growing at the rate of inflation.
Your profit is an insult to them.
Your margin is an error that belongs to them.
The only way for them to get more money (for the BILLIONS in ai spend) is to take it.
They will keep squeezing sellers.
Because for every seller who goes bust, another idiot starts up.
It just leads to shittier products, shittier services, at worst prices.
Amazon doesnt care.
Stock price is down.
The fees will increase until morale improves.
Eugene Khayman@EugeneKhayman
My community has $15b of yearly sales on Amazon with 800+ members. These are small businesses. They employ real Americans and support local communities. They do not have large margins to absorb shocks. Every year Amazon squeezes them more and supports overseas Chinese sellers instead of local American businesses. Now Amazon is hitting sellers with even more of a squeeze all back to back: 1.Amazon has moved many sellers to DD+7 Meaning funds are held until 7 days after delivery, not simply paid out on the old cadence. 2.Amazon just added a 3.5% fuel/logistics surcharge on fulfillment fees. 3.To top it off now Amazon Ads charges will be pulled directly from disbursements rather than floating on a credit card. That combination matters. Amazon already forces sellers into an environment where ads dominate visibility. So now the same platform that pressures brands to spend more on ads is also tightening payout timing and pulling more cash out before sellers ever see it. For a very large business, this is just a minor annoyance. But for a small business making payroll just got 50x harder. Less cash on hand means: less inventory more stockouts more debt more strain on small teams and ultimately a worse customer experience This is not “supporting small business.” It is starving the brands that create so much of the value customers come to Amazon for. @WSJ @business @nytimesbusiness @BusinessInsider @ReutersBiz @CNBC @APBusiness If you’re covering Amazon, local communities hit by a hard economy and large companies trying to squeeze hardworking Americans hit me up.
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Dan Stoyan retweetledi
Yo @amznsellerhelp @ajassy @dharmeshmehta Can we get some sort of statement about these new fees? You guys hit us with 3 huge cost increases in a month and the PPC credit card thing is nuts. Here is the issue:
Issue 1: Temporarily raising FBA fees 3.5%.
Last time you guys...
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Dan Stoyan retweetledi
After selling on Amazon for over 10 years, Amazon has suddenly decided they need to hold $56,000 of our money for chargebacks.
"Amount held in reserve to ensure that you have enough funds to fulfill any claims or chargebacks."
Not to beat a dead horse (and then turn it into tacos which I then eat over and over on social media), but check out how they take 50% of every dollar we sell on the platform.
Add advertising into the mix and remember that something like 10-20% of our sales don't use FBA and it's really something to behold.
Am I complaining?
What's the point.
At this point, it's just interesting.
How much water can they squeeze out of a stone before the stone breaks and becomes sharp shrapnel in their hand?
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