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Category: Marketplaces

eBay Accounting Change Highlights Shipping Profits

March 6, 2023March 6, 2023 Ina Steiner
eBay

eBay is making a change that will see it report higher revenue – and higher costs – due to the structure of its new international shipping program. eBay’s Chief Financial Officer (CFO) Steve Priest explained the change during a presentation Read more

Marketplaces, News, ShippingeBay EIS, eBay Global Shipping Program, eBay International Shipping, eBay Shipping, Jamie Iannone, Steve Priest5 Comments

Amazon to Add Diverse Apparel Imagery to Reflect Its Customers

March 5, 2023March 5, 2023 Ina Steiner
Amazon

Amazon said it would add diverse on-model apparel imagery to some product detail pages for better representation of Amazon customers. In its announcement, the company explained, “Amazon is for everyone, so our stores’ imagery should feature representations of people that Read more

Marketplaces, NewsAmazon, Amazon product images1 Comment

eBay UK Reminds Sellers about Its Fulfillment Program

March 3, 2023March 3, 2023 Ina Steiner
eBay

eBay offers fulfillment services in some countries, and on Friday, it reminded sellers in the UK about its “eBay fulfilment by Orange Connex” solution. “eBay fulfilment by Orange Connex is a dedicated storage and logistics solution for small businesses, combining Read more

Marketplaces, NewseBay fulfillment, eBay fulfilment by Orang Connex, eBay UK, Orange Connex

Michaels Welcomes Sellers with Launch of Online Marketplace

March 2, 2023March 2, 2023 Ina Steiner
Michaels

Arts-and-crafts supplies retailer Michaels launched a new marketplace with over 750,000 items from sellers of “supplies and componentry.” Michaels, which said it has tens of millions of visitors to its website each month, said it curates the sellers allowed on Read more

Marketplaces, NewsA.C. Moore, Michaels chain, Michaels marketplace2 Comments

eBay Makes More Purchases Subject to Advertising Fees

February 28, 2023February 28, 2023 Ina Steiner
eBay

eBay is making changes to its advertising program that effectively make more purchases subject to ad fees thanks to the “halo” effect. Currently, sellers pay an ad fee for a “direct” sale, which is when a buyer clicks on a Read more

Marketplaces, NewseBay, eBay Promoted Listings6 Comments

Amazon Garage Ramps Up Auto Parts & Accessories Inventory

February 28, 2023 Ina Steiner
Amazon

Amazon is bringing more OEM parts and accessories to its marketplace, according to GearJunkie. The marketplace is working with automakers, and the publication said Amazon’s goal is to make shopping for parts as easy as buying anything else from its Read more

Marketplaces, NewsAmazon, Amazon Auto Parts, Amazon Garage, Ernie Linsay

Amazon Revamps Its Small Business Academy

February 27, 2023February 27, 2023 Ina Steiner
Amazon

Amazon revamped its Small Business Academy, an expanded suite of free resources for entrepreneurs that it refers to as ASBA. In addition to the curriculum, ASBA will offer live weekly “office hours” by professors from over 250 chapters on university Read more

Marketplaces, NewsAmazon, Amazon Small Business Academy, Danyel Surrency Jones

eBay Seeks General Manager of Trading Cards Category

February 24, 2023February 24, 2023 Ina Steiner
eBay

eBay will pay an annual salary of between $160,400 – $254,100 for a “strategic thinker and seasoned operator” to head its Trading Cards category. It’s looking for a General Manager to support the launch of new innovation, technology, and partnerships Read more

Marketplaces, NewseBay, eBay trading cards, TCGplayer1 Comment

eBay CEO Keeps Employees Posted via LinkedIn

February 23, 2023February 23, 2023 Ina Steiner
Jamie Iannone

eBay CEO Jamie Iannone had a message for employees on Wednesday after announcing the company’s fourth-quarter 2022 earnings, posting the following message on LinkedIn: “I appreciate how our eBayers keep the customer at the heart of our work, and how Read more

Marketplaces, NewseBay, Jamie Iannone2 Comments

Etsy Sales Down 4% (Nearly Flat, FX-Neutral) in 4th Quarter 2022

February 22, 2023 Ina Steiner
Etsy

Etsy sales from all of its marketplaces were down 4% in the fourth quarter year-over-year (or down 0.7% FX-neutral). Consolidated revenue was up 12.6% year-over-year, with take rate (i.e., consolidated revenue divided by consolidated GMS) increasing to 20%. Etsy owns Read more

Marketplaces, NewsEtsy, Etsy financials1 Comment

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