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Category: Marketplaces

Amazon Expands Penalty Fee for High Returns on June 1st

May 18, 2024May 18, 2024 Ina Steiner
Amazon

Amazon recently reminded sellers about changes to its fees for high return-rate products that are set to take effect on June 1st. It had announced the changes in December along with other fees, including the highly controversial low-inventory-level fee policy Read more

Marketplaces, NewsAmazon, Amazon FBA fees, Returns1 Comment

eBay to Integrate PSA Authentication and Grading by Summer

May 18, 2024May 18, 2024 Ina Steiner
eBay

This summer, eBay and PSA, a third-party authentication and grading provider for collectibles, will launch a new, “seamless, end-to-end experience” for trading card collectors. In April, eBay and PSA’s parent Collectors had announced they were entering into a series of Read more

Marketplaces, Newscollectors, eBay, eBay Vault, Goldin Auctions, PSA

Mercari Rolls Back ‘Rent-a-Center’ Returns Policy

May 15, 2024May 15, 2024 Ina Steiner
Mercari

Mercari launched a returns policy at the end of March that was so favorable to buyers that one reseller dubbed it a “Rent-A-Center” policy. He, like many sellers, believed buyers would abuse the policy by purchasing an item, using it, Read more

Marketplaces, NewsMercari, Mercari returns policy4 Comments

Senator Compares Amazon Dynamic Pricing Algorithms to Price Gouging

May 12, 2024May 12, 2024 Ina Steiner
Amazon

Amazon and Walmart’s dynamic pricing algorithms were compared to price gouging during a Senate Committee hearing on May 2nd, “Higher Prices: How Shrinkflation and Technology Can Impact Consumers’ Finances.” One week later, the chairperson of the committee Senator Brown sent Read more

Marketplaces, NewsAmazon, Amazon algorithm, Dynamic pricing, price gouging, Walmart2 Comments

Rakuten’s Japanese App Rakuma to Sell on eBay.com

May 8, 2024May 8, 2024 Ina Steiner
eBay

eBay will give US shoppers the ability to purchase items listed by Japanese sellers through an agreement with Rakuten’s Rakuma marketplace app. The companies will test the program by listing products on eBay.com primarily in the fashion category. eBay and Read more

Marketplaces, NewseBay, Rakuma, Rakuten

eBay Launches ‘Ask Me About’ Series to Replace Monthly Chats

May 8, 2024May 8, 2024 Ina Steiner
eBay

eBay has launched a replacement to its monthly chat sessions where sellers could chat with employees and ask questions, which it ended with the last chat taking place in January of 2024. The new “Ask Me About” series will kick Read more

Marketplaces, NewseBay Ask Me About series, eBay monthly chat, eBay Product Research1 Comment

eBay Sellers Can Now Check 3 Years of Sold Prices on Mobile

May 7, 2024May 7, 2024 Ina Steiner
eBay

eBay’s Product Research tool is now available on the eBay app for iOS and Android, giving sellers 3 years of pricing data for sold listings. The tool is based on Terapeak, which had been around since the mid-2000s and was Read more

Marketplaces, NewseBay, eBay Product Research, eBay sold item data, Terapeak3 Comments

Can Students Help eBay Solve Auto Parts Compatibility Challenge?

May 7, 2024 Ina Steiner
eBay

eBay is holding its annual Machine Learning competition, and the theme of this year’s contest is auto parts compatibility. Students who enter have a chance at an internship at eBay next summer (2025), but they must showcase their skills by Read more

Marketplaces, NewseBay, eBay annual machine learning challenge, eBay Machine Learning3 Comments

Ruby Lane Raises Selling Fees Citing Surge in Costs

May 4, 2024May 4, 2024 Ina Steiner
Ruby Lane

Antiques and collectibles marketplace Ruby Lane is raising selling fees as of June 1, 2024. A reader told EcommerceBytes the fees has sellers like herself considering closing their shops. In a letter sent to sellers, Ruby Lane said it strived Read more

Marketplaces, NewsRuby Lane, Ruby Lane fees

Etsy Sales Dropped 5 Percent in 1st Quarter 2024

May 4, 2024May 4, 2024 Ina Steiner
Etsy

Etsy marketplace sales (GMS) dropped 5.3% in the first quarter, year-over-year. US domestic GMS represented 52% of total Gross Merchandise Sales. When factoring in its other selling platforms, “consolidated GMS” dropped 3.7% year-over-year in the first 3 months of the Read more

Marketplaces, NewsEtsy, Etsy Earnings

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