Amazon branded toys are coming, according to a report in Quartz, which cited a research site called TJI.
Quartz pointed to this product page for an “AmazonBasics Kids’ Toy Storage Organizer – Natural/Primary by AmazonBasics.”
Amazon launched the AmazonBasics brand in 2009, when it consisted of a collection of consumer electronic items. Now the landing page lists 18 categories.
Lower on the Amazon product page in a section called “Customers who viewed this item also viewed,” Amazon displayed a rival product, “Tot Tutors Kids’ Toy Storage Organizer with 12 Plastic Bins, Natural/Primary (Primary Collection) by Tot Tutors” that looked nearly identical.
We also noticed another such product under the “Sponsored products related to this item” section of the product page – this one was a paid ad for a “Pidoko Kids Toy Storage Organizer | Wooden Children’s Storage Rack, with Plastic Bins (Natural) by Pidoko Kids.”
It would be interesting to know what Tot Tutors’ or Pidoko Kids’ role might be in the AmazonBasics’ version of their toy organizers, if any.
Readers might be familiar with Amazon brands such as AmazonBasics, Pinzon, Stratwood, and Myhabit, but there are many others, which Quartz listed in this article from last year, some of which Amazon confirmed to the publication.
Expect the private-label strategy to continue – Quartz cited an “accelerator program” Amazon launched for manufacturers interested in creating exclusive merchandise for Amazon.
Amazon isn’t alone in developing private labels. Retail Dive wrote last month about Target’s brand initiates and noted that “private label product has become a critical differentiator for mass merchants over the last few years.” It said Amazon, Target and Walmart have all increased branded offerings “to give customers a better reason to shop exclusively with them and to protect their own margins.”
Good for Amazon. Their CEO’s seem to operating with a brain unlike that other site.
Another good move by Amazon, another growth strategy.
Amazon actually has the ability to think beyond the current quarter’s earnings and come up with profitable strategies that will also ensure growth. All Ebay can do is cook up schemes to overcharge sellers more each quarter to prop up revenue. Laying off employees and outsourcing seems to be their magic formula too. Seems like 9 sellers are providing all of the fee revenue and 3 employees are doing all the actual work. They are running on fumes, most of which are methane.