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  • 2024
  • December

Month: December 2024

USPS May Suspend Mail on January 9th Day of Mourning (Updated)

December 30, 2024December 31, 2024 Ina Steiner
USPS logo

President Biden declared January 9, 2025, a day of mourning to honor former President Jimmy Carter who passed away on Sunday. Federal government offices will be closed. Sellers should be aware that given recent history, the USPS may suspend service Read more

News, ShippingPresident Carter, Shipping disruption, USPS5 Comments

Etsy Sends Some 2024 Stats to Shoppers with List of Faves

December 27, 2024December 27, 2024 Ina Steiner
Etsy

Etsy sent an email to shoppers on December 27, 2024, telling them they were “a gigantic part of what makes this community so extraordinary!” and linking to a page of Etsy’s “faves of 2024.” It didn’t detail how it determined Read more

Marketplaces, NewsEtsy, Etsy statistics

Alibaba Partners with eBay’s Former Marketplace in S. Korea

December 26, 2024December 26, 2024 Ina Steiner
Alibaba

Weeks after Alibaba consolidated all of its domestic- and international-ecommerce business units to defend against the likes of Temu, it is partnering with Shinsegae Group in Korea, which owns E-Mart’s ecommerce platform Gmarket, formerly owned by eBay. The two companies Read more

Marketplaces, NewsAlibaba, Aliexpress, E-Mart, eBay, Gmarket, Shinsegae Group, South Korea

Online Sellers Must Report Beneficial Ownership ASAP or Face Fines

December 26, 2024December 27, 2024 Ina Steiner
On a green and white background, a large gray megaphone appears on the right side of the image. To the left, white text in capital letters on a blue background read: “DO YOU OWN A SMALL BUSINESS?” followed by, “If your company was created or registered in the U.S. in 2024 and is not exempt from beneficial ownership information reporting requirements, your filing deadline may be approaching.” The BOI logo, with the “O” stylized as a green globe icon, is positioned in the top left corner. Below the main text is a blue globe icon and the URL: www.fincen.gov/boi.

Businesses, including many online sellers, must register with the US Treasury’s Financial Crimes Enforcement Network (FinCEN) soon or face significant fines due to the bipartisan Corporate Transparency Act (CTA) passed at the end of the last administration. (See update below.) Read more

News, Tax and Legal IssuesBOI reporting, Corporate Transparency Act, FinCen3 Comments

Amazon Drops Bombshell on FBA Sellers

December 22, 2024December 23, 2024 Ina Steiner
Amazon

Sellers are reeling after Amazon dropped a bombshell announcement on those who use FBA to store and fulfill their inventory. One reader told us, “Now FBA is going to make it worse when they lose things, which happens on the Read more

Marketplaces, NewsAmazon, Amazon FBA, Amazon FBA fees4 Comments

Former eBay CEO Who Managed Unprecedented Challenges Returns to C-Suite

December 22, 2024December 22, 2024 Ina Steiner
Scott Schenkel

After a 4-year break from the corporate world, Scott Schenkel is back in the C-suite, this time as Chief Financial Officer (CFO) at travel company Expedia. In 2019, eBay’s then CFO Scott Schenkel was forced to take the helm as Read more

Marketplaces, NewseBay CEO, eBay executives, Expedia, Scott Schenkel1 Comment

Etsy to Run After-Christmas Sales

December 19, 2024December 19, 2024 Ina Steiner
Etsy

People don’t stop shopping on December 25th, especially given the popularity of gift cards, and Etsy is prepared with a lineup of after-Christmas sales. First up, it’s running an “End-of-Season Deals” event December 26 – 31, 2024. Sellers must have Read more

Marketplaces, NewsEtsy, Etsy sales3 Comments

Amazon Glitch Appears to Hit Sellers in the Pocketbook in the Short Run

December 18, 2024December 18, 2024 Ina Steiner
Amazon

Sellers are dealing with a glitch that Amazon confirmed over a week ago, and the repercussions are coming at the worst time of year both for their pocketbooks and for their year-end reporting. The problem as we described last Monday Read more

Marketplaces, NewsAmazon, Amazon disbursements, Amazon glitch

Amazon Advises Sellers on Vacation Mode, Holiday Support Hours

December 17, 2024December 17, 2024 Ina Steiner
Amazon

Amazon sellers ready to take a break for the holidays have the option to put their account in vacation mode, the marketplace reminded sellers on Tuesday. “If you plan to take time off over the holidays, we recommend that you Read more

Marketplaces, NewsAmazon, Amazon vacation mode

Spike in Reports of Etsy Suspensions, aka Forced Vacation Mode

December 17, 2024December 17, 2024 Ina Steiner
Etsy

There’s a spike in the number of sellers reporting that Etsy forced their shops into “vacation mode” (a euphemism for “suspended”). This is a chronic issue usually related to Etsy’s verification process, but some sellers said they received no reason Read more

Marketplaces, NewsEtsy, Etsy suspension, Etsy vacation mode1 Comment

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