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This Amazon seller is so frustrated she tried to quit — then Amazon pitched her a new anti-counterfeiting service - TL;DR CNBC

This Amazon seller is so frustrated she tried to quit — then Amazon pitched her a new anti-counterfeiting service

Publishing timestamp: 2018-02-08 19:35:15


Summary

Wee Urban's sales on Amazon dropped 80% in 2017 due to impostors, leading the creator of baby clothes to focus on building their brand off Amazon. Despite being invited to join Amazon's new counterfeit prevention service, the company has faced numerous challenges with unauthorized sellers and copyright infringement on the platform. The founder, Holly MacLean, has decided to focus on promoting her products on her own website and through retailers in North America after experiencing significant issues with Amazon.


Sentiment: NEGATIVE

Tickers: AMZNAAPLNKEETSYBO-DKMMM

Keywords: social mediabusiness newsmobilebang & olufsen a/snike incetsy inctechnology3m coamazon.com inc

Source: https://www.cnbc.com/2018/02/08/amazon-pitches-transparency-anti-counterfeit-service-to-wrong-seller.html


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