The Effect of Amazon’s Reclassification and Lower Inflation on B2B eComm

Last week, the Consumer Product Safety Commission determined that Amazon—normally considered an eCommerce company—is in fact a distributor, and therefore responsible for faulty items sold on its site and packed and shipped through its fulfillment service.Whoa! What will this mean for B2B eComm? Especially in light of the fact that B2B buyers are making purchases online more than ever before, according to the 2024 B2B Buyer Report from Sana Commerce, and it's their experience that determines their decision-making. Meanwhile, U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, providing evidence that inflation is firmly on a downward trend.How do these events connect, and what does it mean for Wholesale Distributors?On this week's episode, Tom and Kevin connect the dots from the latest economic news to provide insights to the newest developments in distribution, manufacturing, supply chain, M&A, cybersecurity, technology, and more. Leave a Review: Help us grow by sharing your thoughts on the show.Learn more about the LeadSmart AI B2B Sales Platform: https://www.leadsmarttech.com/Join the conversation each week on LinkedIn Live.Want even more insight to the stories we discuss each week? Subscribe to the Around The Horn Newsletter.You can also hear the podcast and other excellent content on our YouTube Channel.Follow us on Facebook, Twitter, Instagram, or TikTok.