Value Added Resource Week In Review 9-8-24
Welcome to the Value Added Resource ecommerce news week in review!
eBay News
eBay is once again making stealth edits to policy pages, removing critical Guaranteed Fit protections for Motors Parts and Accessories sellers with no public notice or announcements.
eBay community staff have finally responded to the rest of the questions posed in the Ask Me About: eBay Ads topic, a month and a half past the originally promised date.
Community Program Manager Kayomi Kayoshi says feedback about the event was being reviewed and they will "aim to improve the process" going forward. A frequent commenter in the community asked whether anyone would be held accountable for this debacle - predictably, they received no response.
Meanwhile....eBay is still paying for ads and sponsored influencer content trying to distract from everything that is wrong with the new ads dashboard.
UK sellers worry about losing sales as some items show inflated prices due to eBay glitch adding additional 20% VAT in error.
Trading card sellers also reported pricing problems this week as a glitch in the eBay app changed prices when creating listings, creating havoc with some items selling for far less than they should.
Dentsu’s iProspect has been chosen to handle eBay's new global media agency following a competitive review as company hopes to draw Gen Z attention to rare, vintage and pre-loved items on the platform.
Other Ecommerce News
It's that (not) most wonderful time of the year when holiday shopping ramps up and carriers roll out peak season surcharges and rate hikes, with USPS announcing an increase in postage prices for commercial and retail Express, Priority and Ground Advantage services October 6th through January 19, 2025.
Online marketplaces and postage providers are also warning users of new negotiated USPS rates going into effect September 16th.
Confusingly, these rate adjustments are zip code based rather than using the familiar zone structure, raising questions about whether the increase is a de facto rural delivery surcharge.
Walmart is taking an unusual approach to fast track pre-owned expansion into sneakers and streetwear with StockX partnership clearly aimed at trying to take a bite out of one of eBay's key focus verticals.
Mercari VP Marketing David Lee reveals plans to cap buyer fees at 10% in interview with reselling influencer Becky Park, as platform tweaks new fee structure & tries to goose US GMV through the end of the year.
As Mercari US pushes items from Japan, buyers say the site feels less relevant and sellers say sales are suffering - is international expansion just another failed strategy on top of fee structure changes introduced earlier this year?
Poshmark unveiled new features and tools as part of PoshFest 2024 Hackathon, with Consignment offerings in partnership with trusted sellers, new options for giveaways and auction timing for Posh Shows, AI listing tools and more!
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