Amazon told sellers it would protect their account from fallout from the recent CrowdStrike IT outage, which CNN said had been described as “the largest IT outage in history” that could cost Fortune 500 companies alone over $5 billion in Read more
Amazon grew North American sales 9% in the second quarter of 2024, year-over-year, and grew International sales 7% in Q2 (or 10% excluding changes in foreign exchange rates). Worldwide paid units grew 11% in the quarter, and third-party sellers accounted Read more
Amazon is running a Labor Day sale beginning August 26, 2024, and invited sellers to submit deals to participate. “These time-bound promotional offers can increase product discoverability and sales,” it said. The Amazon Labor Day sale runs through September 3, Read more
Etsy is launching a paid membership program for buyers called Etsy Insiders, offering free shipping and other benefits. And while Etsy will obtain membership fees and will subsidize the free shipping, it will rely on sellers to offer exclusive discounts Read more
eBay sales were virtually flat in the second quarter of 2024, growing 1% year-over-year, while eBay grew Q2 revenue by 2% on a currency-neutral basis in the quarter. eBay CEO Jamie Iannone said in Wednesday’s press release, “eBay’s strong Q2 Read more
Etsy marketplace GMS (Gross Merchandise Sales) was down 2.9% in the 2nd quarter, year-over-year, on a currency-neutral basis. Adding in results for its other marketplaces, Etsy said consolidated GMS was down 1.9%. Etsy CEO Josh Silverman said in Wednesday’s press Read more
Amazon is a distributor, according to an order from the US Consumer Product Safety Commission (CPSC), and is therefore responsible for recalling defective or unsafe products sold through its FBA fulfillment program. An Amazon spokesperson told EcommerceBytes it plans to Read more
UPS published a rate update on July 15, 2024, revealing that its surcharge fees will jump twice during the upcoming busy holiday shopping season, first in late September, and again in mid-November. Supply Chain Dive reported that the 2024 holiday Read more
Amazon is shortening the window for sellers to make claims when the company loses their inventory in its fulfillment centers, starting in October. But the following month it will begin proactively reimbursing sellers who use FBA when fulfillment centers report Read more
Several Etsy executives held a meet-and-greet with sellers in the Bay Area of California, the company revealed in a post on LinkedIn today. Etsy Global Director of Marketplace Policy Sophie Duba – along with Vice President of Trust & Safety Read more
