Amazon’s Next Big AI Move: Olympus

Plus: eBay Prohibited Items, How to Issue a Partial Refund on eBay, and Amazon Workers Strike During Black Friday and Cyber Monday

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Webretailer Newsletter

Happy Black Friday!

As retailers celebrate booming sales, Amazon is also making major strides in AI. While they've invested $8 billion into Anthropic (which already launched cutting-edge AI for images and videos), Amazon is developing something BIG of its own.

Olympus, Amazon’s AI model for video analysis. Imagine searching video archives as easily as you search on Google.

This tool could transform how businesses manage video content—perfect for retailers with video ads or entrepreneurs with video-heavy catalogs. 

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Editor’s Top Pick

Some products are outright banned from selling on eBay to respect copyright and intellectual property laws. Others are disallowed due to their controversial nature or potential for illegal use. Regardless of motive or intention, a seller listing a prohibited item could face serious repercussions like account suspension or termination.

While most eBay transactions go smoothly, there are bound to be occasional challenges. Knowing how to deal with refunds as an eBay seller will be crucial to maintaining positive relationships with buyers. In this guide, we take you through the entire process of issuing partial refunds on the eBay marketplace.

Amazon workers in over 20 countries are planning a major strike. The strike, called "Make Amazon Pay," is all about demanding better pay and the right to unionize. Employees in the U.S., U.K., France, Germany, Japan, and even more are participating. Strikes planned in big cities could impact retailers and consumers during one of the year’s busiest shopping weekends.

PS: Are you looking for ways to advertise your business? Book some time with our advertising team to discuss partnership opportunities. 📞

Thanks for joining us again this week. Check out our guides for more information on selling through online marketplaces. Our free business calculators can help you maximize your profits.

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Cheers

The Webretailer Team