Amazon Q2, 2020 Earnings – Highlights

Amazon reported net sales are up 40%, on the guidance of 18% to 28%. Net income is up 100% from $2.6B to $5.2B. This is despite an increase in various expenses related to COVID.  The online grocery category grew by 300%. For the first time, the international segment showed an operating profit. 

Intentwise is Named an Amazon Advertising Partner

Amazon Advertising Partner

We are proud to announce that Intentwise has been named an Amazon Advertising partner. Intentwise earned this recognition by meeting Amazon’s criteria of consistently demonstrating a high level of engagement and proficiency with the Amazon Advertising platform over the past few years.

Why and How to Sell Globally on Amazon

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“We were able to double our sales […and] create great brand awareness selling internationally on Amazon… without that platform we would probably never even have tried international sales… They made it very easy – they give you the information, they give you all the tools.”

Amazon Could Be Rolling Out Banking

Amazon could be moving into banking

Amazon may be expanding into online banking. The Wall Street Journal reported Monday that the e-commerce giant is in early talks with financial institutions to build a “checking-account-like” product for its customers.