Amazon Sales Decline Highlights Challenges for Crossborder Ecommerce
Declining sales in some Amazon categories reflect a trend of consumption downgrade. Lower US consumer savings rates and rising Engel's coefficients are leading to reduced spending on non-essential goods. Cross-border e-commerce sellers should address these challenges through product innovation, supply chain optimization, brand building, refined operations, and diversified channels. Crucially, controlling costs is paramount to adapt to the new normal of consumption downgrade.
