The Amazon marketplace – September 2019 update

October 1, 2019

Trust Transparency Center has been following and reporting on the “Amazon Effect” on the dietary supplement industry since March 2017. In that time, the impacts have been numerous and far reaching. Our coverage has been primarily focused on accountability, and the fact that dietary supplements, as ingestibles, are different from hard goods and need to be treated with care and vetting. Some key contributions by Trust Transparency Center:

  • TTC has created and shared a checklist of regulations and requirements unique to the manufacturing and marketing of dietary supplements.

  • TTC has also demonstrated the delta of due diligence vetting performed by Amazon in comparison to other ecommerce platforms or brick and mortar retailers.

Our first foray into the Amazon analysis focused on the launch of the private brand “Amazon Elements”.(Amazon Elements Entry) Since then Amazon has launched at least seven more private label brands in the dietary supplement space:

  • Elements
  • Solimo
  • Revly
  • OWNPWR
  • MamaBear
  • P2N
  • 365 Everyday Value

Amazon Private Label Brands as presented on Amazon.com:

Amazon.com Private Label Brands

Originally, Amazon was the go-to place for all things in the marketplace. The Amazon logo itself depicts the curved arrow from the A to Z to demonstrate the complete marketplace offering:

Amazon sought to offer as many supplement retailers as possible the opportunity to reach consumers. Now dietary supplement retailers are understanding they were primary test markets. In the last four months the number of Amazon brands selling dietary supplements has been cut in half. Additionally, the frequency of ads for Amazon private label products are increasing.

A search for Vitamin D receives an Amazon Choice banner offering 5 products, 3 of which are Amazon brands and one carries the “Amazon Choice” banner:

On the same page an offering of “Top rated from our brands” is provided:

The reduction of brand offerings in the recent months might have indicated Amazon was recognizing the importance of responsible manufacturing and requiring a certain standard for positioning on the website platform. That thinking must be challenged, if not eliminated, due to the continued presence of Confidence USA. Trust Transparency Center (TTC on Confidence USA) , and others (Whole Foods Magazine Article May 24, 2019 DOJ v. Confidence USA), reported in various forums that the Department of Justice had filed a complaint requiring Confidence USA to cease sale of its products, full stop. As of today, the product offered by Confidence USA remains on Amazon.com. The criteria for the removal of thousands of brands therefore would seem not to be influenced by the DOJ indictment at minimum.

Confidence USA on Amazon Sept 29, 2019

Trust Transparency Center remains committed to the improvement of the industry for the right reasons and applying best practices. We are not asking for the removal of dietary supplement brands by Amazon for the purpose of market manipulation. Our request is for the imposition of requirements in place to responsibly manufacture and distribute dietary supplements. We have summarized the requirements for the entire industry in a single checklist document. Endorsement of this checklist will go a long way to improving the responsibility and trust the consumer deserves wherever they purchase dietary supplements.

~Scott

Unlock the Power of Transparency: Schedule a Meeting Now

Ready to Illuminate Your Path?
Partner with Trust Transparency Today.

Get inTouch

Lori Diez

Lori Diez combines compassion and excellence to lead organizations to their next level. A small-town Texas childhood taught her the value of hard work and relationships, which she uses to foster teamwork that brings results that have transformed cultures and programs to their highest potential. Her successful career in pharmaceutical and nutraceutical sales leadership and event hosting has prepared her to deliver results as the COO of TrustTransparency, where she uses her industry knowledge to ensure that the company’s operations run smoothly as they support nutraceutical companies in their mission to help others. Lori’s passion for charity reflects her belief that individuals working together can change the world, no matter how small their contribution to the effort. This year, she looks forward to continuing over a decade of service at the Houston Livestock Show And Rodeo, where she will be the Chairman of the Livestock Committee.

Conference Handouts

Conference Handouts

CoQ10 Statin Associated Myaglia Meta Study Barry Tan 0618 Case Study

CoQ10 Statin Associated Myaglia Meta Study Barry Tan 0618 (1)

Statin Q10 Effect Case Study

Statin Q10 Effect Case Study

Schedule Consultation with Trust Transparency

Glynnda Steinford

Glynnda Steinford, Trust Transparency Consulting’s Director of Customer Relations, brings over four decades of healthcare experience to her vital role in client engagement and relationship building. Her diverse background spans from administering medical groups to impactful stints in pharmaceutical and nutraceutical sales, all underlined by her degree in Healthcare Administration.

At the heart of Glynnda’s work is her talent for nurturing long-term connections, a skill she leverages to enhance client experiences and partnerships within the consultancy. Beyond her professional commitments, she enjoys life’s simple pleasures, whether it’s her love for cats and cooking or her ventures into golf, always prioritizing cherished moments with family and friends. Her personal interests echo the dedication and warmth she extends in her professional network, making her an invaluable asset to the team.

Caiti Dowden

Caiti Dowden stands as a crucial pillar at Trust Transparency Consulting, bringing invaluable insight and expertise to her role as Senior Executive Assistant’ since her start in 2018. With an academic background from Sam Houston University and a career shift from education to the nutraceutical sphere in 2010, Caiti has cultivated a sharp acumen for dissecting industry trends and bolstering strategic decision-making.

Her transition from Data Analyst reflects her growth and deep understanding of the business landscape. Caiti’s commitment goes beyond professional excellence; she thrives on balance, drawing from her rich life outside of work to enhance her organizational contributions. Whether it’s family time, volunteering, or rooting for Houston’s sports teams, she believes in embracing experiences to fuel her professional creativity and insight.

In her current role, Caiti’s dedication to dynamic business analysis and operational support proves her to be an irreplaceable asset to our team, embodying the synergy of personal enrichment and professional success.

Pam Hilpert

Pam Hilpert, Chief of Staff at Trust Transparency Consulting, has been instrumental in the firm since its inception, leveraging her 17 years of accounting experience, including a significant tenure in the nutrition sector. Her collaboration with Scott Steinford spans various successful ventures, emphasizing her integral role in the company’s financial and strategic initiatives.

An alumnus of Sam Houston State University, Pam holds degrees in both Business Administration and Accounting, as well as an MBA, adding academic heft to her practical industry insights. Beyond her professional prowess, Pam is passionate about family, enjoys live music, delves into quilting, and volunteers at her church, reflecting her well-rounded life.

Her multifaceted expertise and longstanding dedication make Pam a cornerstone of Trust Transparency Consulting’s operational strength and team unity.

Scott Steinford

Scott Steinford, a trailblazer in strategic leadership, boasts a certified M&A background, having navigated companies from their genesis to industry prominence. His brainchild, Trust Transparency Consulting, born in 2007, stands as a testament to his dedication to ethical business practices and strategic foresight, offering industry stakeholders invaluable guidance.

Beyond founding and steering companies, Scott has enriched the business landscape with his insightful keynotes and prolific written contributions, emphasizing his commitment to elevating industry standards. His executive tenure shines in roles as CEO or President of for-profits like ZMC-USA and Doctor’s Best, extending to significant contributions in non-profit sectors.

Notably, Scott’s influence is a driving force in the CoQ10 market, where his leadership has significantly bolstered the ingredient’s global presence. His roles in various capacities, including as a New Hope Ambassador, keep the community informed, providing in-depth industry reports and insights.

An active advocate within professional associations and an Editorial Advisor for leading industry publications, Scott’s expertise is both recognized and sought after. With academic roots in Pre-Law and a Master’s in Law, his journey transcends textbooks, embodying real-world business acumen and transformative leadership.

Scott Steinford merges visionary entrepreneurship with principled leadership, creating a legacy of innovation, growth, and unwavering commitment to industry excellence.