Online marketplace Bonanza is raising commission fees from 3.5% to 11%, and it’s imposing new fees on larger-volume shops (called booths). Currently, Bonanza charges a 25-cent transaction fee for sellers who don’t have an active membership subscription, plus a commission Read more
Bonanza caused a stir when it instituted a $2 fee for sellers who chose not to use its platform to print shipping labels, and a year later, it’s reversing the policy beginning next month. In the October 2024 announcement, Bonanza Read more
Bonanza is running its annual seller-funded Spring Sale and invited sellers to participate. Sellers can choose how much of a discount to offer and must set up a coupon with the code “SpringSale2024.” Buyers will be able to use the Read more
In November, Bonanza began requiring sellers to use its shipping label program for all orders – otherwise it would charge them a $2 shipping fee per order. The online marketplace made exceptions for sellers who used certain postage providers who Read more
Bonanza announced a new webstore builder and business hub called Vercado, which it compared to the popular ecommerce platform Shopify Plus. In a blog post on Tuesday, online marketplace Bonanza described its new offering: “Now you can sell on platforms Read more
Sellers who choose not to print shipping labels through Bonanza will pay an additional $2 in fees. The marketplace justified the policy by telling sellers it would make their lives easier: “Our USPS, FedEx and UPS labels will be automatically Read more
Online marketplace Bonanza launched a new Diamond membership tier for sellers and is celebrating its 15-year anniversary with a sale on its subscription programs for sellers. A company spokesperson told EcommerceBytes it also plans to launch a new webstore program Read more
Bonanza now allows sellers to print FedEx shipping labels directly on its marketplace. “With this new addition, sellers can now access highly competitive rates on a variety of domestic FedEx services, providing them with greater flexibility and cost-efficiency in their Read more
Bonanza will redesign its homepage as part of its commitment to enhance the buyer experience, showcase a wide inventory, and encourage purchases, according to a spokesperson. The online marketplace also plans to update category pages. Bonanza announced the news to Read more
Here’s a roundup of news from alternative marketplaces for July 16, 2023, including information about a new handmade marketplace. Michaels retail chain launches handmade marketplace – should Etsy be worried?Arts-and-crafts retail chain is launching a handmade marketplace called MakerPlace. That Read more
