Value Added Resource Week In Review 12-8-24

Welcome to the Value Added Resource ecommerce news week in review!

eBay News

eBay faces class action from sneaker authenticators employed at the company's former Queens, NY facility, alleging pay structure violates Fair Labor Standards Act and New York Labor Law requiring manual laborers to be paid on a weekly basis.

eBay Accused Of Breaking NY, Federal Labor Laws In Sneaker Authentication Workers Class Action Suit

eBay faces class action suit from authentication workers alleging company violated Fair Labor Standards Act & New York Labor Law requiring manual laborers to be paid weekly.

Value Added ResourceLiz Morton

In other legal news, eBay is seeking to appeal punitive damages ruling in cyberstalking civil suit, looking to cut $466 million out of potential $700 million payout and ease the way for settlement negotiations to try to avoid 2025 trial.

eBay Appeals Cyberstalking Punitive Damages Ruling, Seeks To Cut $466M From Potential Payout

eBay appeals punitive damages ruling in cyberstalking suit, seeking to cut $466M from potential $700M payout & ease way for possible settlement.

Value Added ResourceLiz Morton

eBay is shaking up their corporate communications strategy with Axicom replacing Hotwire as the company's agency of record to lead corporate, product & technology communications.

eBay Taps Axicom As Lead Corporate Communications Agency For North America

eBay shakes up corporate comms strategy, naming Axicom as their agency of record to lead corporate, product & technology communications.

Value Added ResourceLiz Morton

Private sellers in the UK are finding out the cost of "fee-free" sales will be longer payout time frames and required Simple Delivery Managed Shipping as eBay continues C2C business strategy evolution.

Simple Delivery is currently being ramped up with eligible items automatically opted in by default and at some point in Q1 2025, private sellers will no longer have the option to opt out as CEO Jamie Iannone says managed shipping is a key component of eBay's plans to remonetize and grow revenue from private sales in the UK.

eBay Simple Delivery Managed Shipping: What Private UK Sellers Need To Know For Q1 2025 Mandate

eBay UK private sellers will be required to use Simple Delivery Managed Shipping in Q1 2025 - here’s what we know so far about the program!

Value Added ResourceLiz Morton

This week's Payments Terms of Use update also revealed all UK private sellers will have payouts delayed until after item delivery starting February 4, 2025 for existing sellers and December 4, 2024 for new sellers.

eBay UK Private Seller Funds To Be Held Until Delivery As Fee & Payments Changes Continue

eBay UK just dropped the other shoe on private sellers, revealing the cost of fee-free selling will be longer wait times to get paid.

Value Added ResourceLiz Morton

The update mostly impacts sellers in the UK and Germany, with some minor changes for the US as well - get the full breakdown and exclusive side by side comparisons:

eBay Payments Terms Of Use Update December 2024

eBay Payments Terms of Use December 2024: no news is good news for US sellers, UK & Germany payout timing & payment method updates & more!

Value Added ResourceLiz Morton

Trading card enthusiasts now have access to PSA Pop data for graded cards directly through the eBay app, thanks to new integration and ongoing partnership between the companies.

PSA Pop Data Comes To eBay App, Giving Collectors Seamless Graded Trading Card Experience

PSA Pop data for graded cards now available directly through eBay app, thanks to new integration & ongoing partnership between the companies.

Value Added ResourceLiz Morton

eBay has closed off yet another avenue for seller engagement as eBay Council changes remove social hub and commenting, limit interactions to one way surveys.

eBay Council Changes: Listening More While Turning Off Comments?

eBay closes off another avenue for seller engagement as eBay Council changes remove social hub & commenting, limit interactions to one way surveys.

Value Added ResourceLiz Morton

eBay-owned KnownOrigin confirms NFT marketplace wind-down complete, will be replaced with page containing info users need to access & preserve assets. Users are advised to download historic data by December 9th, giving just 4 days notice.

eBay’s KnownOrigin Winds Down On-Chain Marketplace & Minters For NFT Cryptoart

eBay’s KnownOrigin is winding down on-chain marketplace & minters 2 years after acquisition as NFT cryptoart bubble fizzles out.

Value Added ResourceLiz Morton

Other Ecommerce News

Etsy announces a slew of executive changes as 2024 winds to a close, losing their Chief Technology Officer and naming new Chief Financial Officer, Chief Marketing Officer and Chief Growth Officer to take the lead in 2025 and beyond.

Etsy Names New CFO, CMO & Chief Growth Officer, Loses CTO In Major Leadership Shakeup

Etsy undergoes leadership shakeup losing Chief Technology Officer & naming new Chief Financial Officer, Chief Marketing Officer & Chief Growth Officer.

Value Added ResourceLiz Morton

Just weeks after declaring no increases for referral and FBA fees in 2025, Amazon is back with a new announcement about fees for Buy With Prime, Multi-Channel Fulfillment, Amazon Warehouse and Distribution, and Supply Chain by Amazon Managed Service.

Amazon 2025 Fee Updates: Buy With Prime, MCF, AWD, & Supply Chain By Amazon

Amazon announces 2025 fees for Buy With Prime, Multi-Channel Fulfillment, Amazon Warehouse & Distribution, Supply Chain by Amazon & more!

Value Added ResourceLiz Morton

PayPal's latest User Agreement update reveals increase to processing fees for PayPal Pay Later options, Alternative Payment Methods, Advanced Credit and Debit Card Payments, and Virtual Terminal transactions effective January 13, 2025.

PayPal Hikes Fees For Pay Later, Credit & Debit Card Payments & Virtual Terminal Transactions January 2025

PayPal User Agreement update hikes fees for Pay Later, Advanced Credit & Debit Card Payments, Virtual Terminal transactions & more January 2025.

Value Added ResourceLiz Morton

Mercari stoops to dark pattern design practices trying to trick sellers into giving larger discounts on offers and hoping they won't do the math as pressure to show Q4 GMV growth mounts.

Mercari Uses Dark Pattern Design To Trick Sellers Into Larger Discounts On Offers

Mercari dark pattern design tricks sellers into larger discounts on offers, hoping they won’t do the math as pressure to grow Q4 GMV mounts.

Value Added ResourceLiz Morton

Poshmark may finally be addressing concerns about suspected dark design practices of their own, teasing a new bidding experience for Posh Shows that sellers hope will help curb "accidental" bidding.

Poshmark Teases New Bidding Experience For Posh Shows Live Stream Shopping

Poshmark tests new bidding experience for Posh Shows, leaving sellers wondering if the platform is finally addressing “accidental” bid issues.

Value Added ResourceLiz Morton

Live selling platform Whatnot celebrates 5 year anniversary, marking milestone with reflections from sellers and employees and introducing new features.

Whatnot Celebrates 5 Year Anniversary, Rolls Out New Flash Sale & Rewards Options

Whatnot celebrates 5 year anniversary, marking the milestone with reflections from sellers & employees & introducing new features.

Value Added ResourceLiz Morton

As Canada Post strike stretches into third week, other carriers in the region are struggling under the load of increased volume, leaving online sellers stuck during critical holiday shopping period.

Canada Post Strike Leaves Online Sellers Scrambling Amid Carrier Overload

As Canada Post strike stretches into third week, other carriers struggle with increased volume, leaving sellers stuck during critical holiday shopping period.

Value Added ResourceLiz Morton

Shipping label provider Pirate Ship is battening down the hatches to protect the booty - and customers' data - by requiring mandatory 2 Factor Authentication but some shippers say they'd rather walk the plank or simply use another service than deal with the hassle of entering a code at every log in.

Pirate Ship Announces Mandatory 2FA Verification, Some Shippers Say They’d Rather Walk The Plank

Pirate Ship announces mandatory 2 Factor Authentication but some shippers say they’d rather walk the plank than deal with hassles at log in.

Value Added ResourceLiz Morton

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