Retailers across the globe are becoming more conscious of
the environment and have been trying to introduce ways to reduce the negative
impact of retail, both online and physical, on our surroundings. Amazon has just revealed new ideas with
the same aim. Considering that it is a giant in the e-commerce sector, these
steps can definitely help things.
The firm has announced that it has introduced two new Fulfilment by Amazon (FBA) programs for
third-party sellers. This will make it easier for them to resell items that
customers have returned or overstock inventory. While this will considerably
minimise losses for merchants, it will also give products a second life and
avoid waste.
Amazon has uploaded a blog post explaining how the programs
would work. It advanced that their aim is “to provide another way for sellers
to profit from selling on Amazon while fuelling a circular economy”. The e-commerce
giant expects that once they are completely in place, they are going to give
more than 300 million products a second life per year.
These two programs are called FBA Liquidations and FBA Grade
and Resell and they are currently being tested in specific markets. Learn more
about these strategies by Amazon in the
following articles posted on this blog.
Photo credit: geralt from Pixabay
Amazon is introducing environmentally friendly steps
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