CLAIM #7207 · Amazon.com Inc (AMZN) · 2022Q2 earnings call · Jul 28, 2022 · due Dec 31, 2022
“Right now the program is available, as you mentioned, invitation-only for merchants that are already using FBA. And it'll expand throughout this year as we'll extend more merchants to invite and participate in the program.”
Dave Fildes · Director of Investor Relations
In context
“tors that they're – we are not passing through that at a 100% to external groups. And it’s – we've got to work our way out of the condition we are in and we are making good progress in Q2 and expect to keep pressing on that in the second half of the year, but saw strength in the seller results in Q2, as we mentioned on the percentage mix. So I think, seller business remain strong in an integral part of our customer offering. Dave Fildes: Youssef, this is Dave. On your Buy with Prime question, yes, I mean, right now, it's allowing U.S.-based Prime members to shop directly from merchants on the online stores. And it's what they experience, they expect and kind of come to expect with Amazon that's the fast free delivery that seamless checkout and the free returns on orders that are eligible. Right now the program is available, as you mentioned, invitation-only for merchants that are already using FBA. And it'll expand throughout this year as we'll extend more merchants to invite and participate in the program. We're interested in learning and working with FBA sellers that we've known and had good trust with, but also expanding. And I think as you think about it, merchants, they obviously have a lot of choices on where they're going to sell products. And we have a long history of empowering and helping merchants. We've invested a lot in tools and capabilities, and of course, the delivery capabilities and all the things that go along with that. But that's an opportunity for us to support merchants who may or may not be FBA sellers with the tools and the opportunity just to sell their products online and scale their business and build their brand. And so I think I’m really excited about, of course, getting to be able to launch this program over the last few months and dialing it up for more seller”
Verify independently
SEC filings for AMZN ↗ · Claim quote is verbatim from the 2022Q2 earnings call.