E665: Amazon's Worst Physical Product Sales Quarter in Years

Dave analyzes Amazon's Q3 2026 earnings and the implications for third-party sellers. This might have been Amazon's worst quarter in recent history as the company reached to a sharp slowdown in physical product sales, weaker advertising growth, while heavily investing on AI. Dave looks into what the results could mean for sellers in terms of fees, competition, and what the next strategy could be.
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Timestamps
00:00 - Why Amazon's Q3 report could matter to sellers
06:16 - The earnings report leads with physical-product sales
08:09 - Online sales growth drops
09:08 - Did Prime Day timing explain the sales slump?
11:58 - Tariffs, prices, and competition as possible causes
15:23 - Advertising growth slows to 12%
16:20 - The advertising lawsuits and Amazon Ads Agent
19:04 - AI spending and investor pressure on seller fees
21:02 - Could weaker growth push Amazon to lower fees?
21:58 - What sellers should watch over the next year
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Until next time, happy selling!