Value Added Resource Week In Review 11-10-24
Welcome to the Value Added Resource ecommerce news week in review!
eBay News
eBay has a new Chief Analytics Officer as Jateen Patel brings expertise in data, analytics, and AI from his time as Chief Data and Analytics Officer at food retail group, Ahold Delhaize.
They've also named a new VP Global Head of Fashion, with Mattel and Nordstrom alum Alexis Hoopes joining the company at a pivotal time with "changing priorities" and increasing consumer to consumer selling focus.
eBay has quietly ratcheted up Promoted Listings dynamic ad rate minimum requirements to 5% during prime holiday shopping season with no notice.
In what should be very good news for sellers, eBay has finally added one of the most requested features for the mobile app experience - the ability for buyers to request combined shipping when they add multiple items to their cart.
eBay is partnering with Alipay to offer buyers in China more ways to shop and pay on the site, unlocking cross border trade opportunities with Alipay's over one billion strong user-base.
Traffic and performance insights for sellers are now available in the eBay app , but the new features appears to be not ready for primetime and may be the cause of technical glitches reported last week.
The traffic analytics and reporting changes expanded to the desktop experience a few days later, continuing the trend of technical misexecution and raising concerns about lack of transparency.
eBay is tinkering with Store designs again, adding a rotating carousel featuring the seller's banner image, About information, and store videos.
eBay has added additional peak season shipping updates for sellers, with UPS and FedEx holiday rates going into effect November 11, 2024.
eBay UK is putting fee-free private selling front and center for the holidays with an immersive display in the heart of London that lets people shop pre-loved items across luxury, fashion, home, tech, and toys, from sellers across the site.
Other Ecommerce News
John Lagerling, CEO of Mercari's US marketplace, has resigned his position and will be exiting the company at the end of this year as founder/current Japan CEO Shintaro Yamada will take over leadership of US operations January 1, 2025 - will controversial fee changes be reversed?
Mercari US has reportedly discontinued Smart Offers feature which allowed users to automate certain selling functions, adding manual effort to seller workflows with very little notice or time to adjust.
StockX has announced current CEO Scott Cutler will be stepping down at the end of the year, returning to an advisory role at the company, with co-founder and current COO Greg Schwartz set to take over in 2025.
Livestream selling platform Whatnot introduces Premier Shops, promoting and rewarding sellers who go above and beyond to provide best-in-class customer experiences with fee discounts, increased visibility, priority support and more!
Canadian Union of Postal Workers says negotiations are continuing, but they appear to be at an impasse over medical and personal days as well as weekend delivery, warning they will not shy away from issuing a strike authorization if there is no movement on these key issues.
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