Value Added Resource Week In Review 4-14-24

Liz Morton
Liz Morton


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

eBay News

Rumors that had been swirling throughout The Hobby for weeks were finally confirmed as eBay announced they've entered into a deal to acquire Goldin Auctions from Collectors and sell off the eBay Vault to PSA (owned by Collectors).

eBay Acquires Goldin From Collectors, Sells eBay Vault To PSA
Big news in the collectibles world as eBay sells off their Vault to PSA and acquires Goldin Auctions from Collectors.

In other collectible trading card news, for almost three decades eBay has claimed it does not compete with its sellers - but that is no longer true as eBay has quietly been selling on its own platform under subsidiary TCGPlayer brand with no disclosure to consumers or third party sellers they are directly competing against.

eBay Sets Up Shop Using TCGPlayer To Hide Conflict Of Interest While Competing With Sellers On The Platform
eBay claims not to compete with sellers while setting up shop on its own platform under subsidiary TCGPlayer brand - where’s the transparency?

eBay has a new Head of Labor and Employee Relations as self-styled "employee relations guru" Kristi Selby joins the company after almost 12 years in labor related roles at Nestle.

What will this new hire mean for unionized workers at TCGPlayer and those who may be considering organizing at eBay's other authentication centers?

eBay Has A New Head Of Labor Relations As Kristi Selby Joins From Nestle - What Does It Mean For TCGPlayer Union?
eBay has new Head of Labor Relations as self-styled “employee relations guru” Kristi Selby joins company after 12 years in labor roles at Nestle.

Just days after we revealed eBay was looking to "win back" important C2C business in the UK, the company announced private sellers in the region will no longer pay selling or regulatory fees on sales in clothing categories.

eBay Goes Permanently Fee Free On Pre-Loved Clothing From Private Sellers In UK
Private eBay UK sellers will no longer pay listing, final value or regulatory fees on sales of pre-owned clothing as C2C strategy shift continues.

As part of the announcement, eBay will be bringing eBay Live selling and their AI description generator to the UK as well.

eBay Live & AI Description Generator Coming To The UK Amid Pre-Loved Fashion Push
eBay bringing eBay Live selling & AI description generator to UK market along with fee-free selling for private sellers in clothing categories.

eBay has launched a global media agency review, moving from a decentralized market-based model to a more centralized model amid larger business strategy shift to broader consumer-seller focus.

Will new agency bring fresh ideas to showcase wide variety of goods on eBay instead of narrow focus verticals?

eBay Puts Media Contract Up For Review - Could It Signal Marketing Shift For C2C Strategy?
eBay launches media agency review, moving from decentralized market-based model to global centralized model amid larger business strategy shift.

eBay's experiment with flat upfront fee ads for auctions is coming to an end as Promoted Listings Express for Auctions will be discontinued April 15 to make way for adding auctions to the existing Promoted Listings Standard product.

eBay Ends Promoted Listings Express, Will Move Auctions To Promoted Listings Standard Ads
eBay ends flat upfront fee Promoted Listings Express ads April 15, will add auctions to existing Promoted Listings Standard cost per sale product.

Other Ecommerce News

USPS has filed a notice with the Postal Regulatory Commission advising of proposed postage rate changes to take effect July 14, 2024, raising the cost of some Market Dominant mailing services approximately 7.8% on average.

Check out an exclusive Media Mail rate comparison chart from Value Added Resource!

USPS Rate Increase On Market Dominant Products Like Media Mail For July 2024
USPS proposes rate changes for Market Dominant products July 14, 2024, raising the cost of some mailing services approximately 7.8% on average.

Etsy has released April seller announcements with a warning that some inactive accounts will soon be deactivated plus changes to how delivery estimates are calculated and new gift recipient messaging capabilities.

Etsy To Deactivate Inactive Shops Plus Changes To Delivery Estimates & Gift Messaging
Etsy warns some inactive accounts will soon be deactivated plus changes to how delivery estimates are calculated & new gift recipient messaging.

Etsy is testing a new way to let buyers see all item images without clicking through to view the full listing with a scrolling thumbnail display in search results.

Etsy Tests Scrolling Thumbnails Showing All Images In Search Without Viewing Listing
Etsy test lets buyers see all item images without clicking through to view full listing, with scrolling thumbnail display in search results.

And Q1 2024 earnings calls are just around the corner - track important ecommerce marketplace earnings dates here!

Q1 2024 Ecommerce Earnings Call Roundup
Q1 2024 earnings calls are just around the corner - track important ecommerce marketplace earnings dates here!

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Week In Review

Liz Morton Twitter Facebook LinkedIn

Liz Morton is a seasoned ecommerce pro with 17 years of online marketplace sales experience, providing commentary, analysis & news about eBay, Etsy, Amazon, Shopify & more at Value Added Resource!


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