mrktplcs 27 Oct 2020: Shopify, TikTok, Amazon, Wish, eBay…

Shopify is partnering with TikTok to connect its million-plus merchants with engaged users of the social platform. (PYMNTS)

Amazon is hiring 100k seasonal staff for Peak 2020 (Business Insider) and may report its first $100bn quarter. (PYMNTS)

Marketplace Wish has integrated with BigCommerce. (DigitalCommerce360)

eBay UK is crowing about its power to create millionaires. Unconvinced. “eBay is committed to providing a platform for these side-hustlers, lockdown start-ups and entrepreneurs, helping to deliver growth for the economy and communities across the UK.”  (Retail Gazette)

Virtual Event: Shipping, fulfilment is crucial to marketplaces and Post and Parcel Live runs 28 & 29 Oct. It’s free and virtual: listen to 35 industry speakers including Australia Post, UPS, Cainiao, TomTom and Nestlé. MORE HERE…

mrktplcs 26 Oct 2020: eBay shops reinvention, PayPal backs Australian marketplace, Nike sales soar without Amazon.

It’s a busy week: eBay, Amazon and Shopify all report their Q3 financial and business results. 

eBay seeks to reinvent the Stores/Shops offering. (Ecommercebytes)

PayPal backs a new Australia marketplace: Buy from the Bush. Local, national, focused and niches marketplaces are certainly an emerging trend. And welcome too. (Financial Review)

What Brexit will really mean for selling online? A 23 min listen from the GS1 Between the Lines podcast with Avalara. (GS1)

Pandemic acceleration. Nike stopped selling on Amazon in Nov 2019, since then its direct ecommerce sales jumped to 30% of Nike’s total sales which is well head of the previous 2023 target. (Marketplace Pulse

“Facebook has announced some new ad tools to help retailers… (including) the ability to create Instagram ads with product tags within Ads Manager..” (Social Media Today)

mrktplcs 23 Oct 2020: Amazon Live. Brexit and EU/UK VAT. A big 2020 Christmas peak?

The latest retail information from the ONS (The UK Office for National Statistics) regarding online retail is positive. Here are two different but related trend pieces:

“September ecommerce sales remain higher than last year but subsiding from peaks seen this summer.” (Internet Retailing)

“Parcelhero: it’s going to be a digital Christmas right across the UK.” (Post & Parcel

Brexit. VAT. EU. UK. There are big changes coming. Avalara is proving to be an authoritative and useful source of info on this front. It has frightening possible consequences for ecommerce and sellers on marketplaces. Where are we now? (Avalara)

Have you heard of Amazon Live? Me neither. It’s a micro influencer program and this is a useful intro. (Modern Retail)

Event: The online Prosper Show for Amazon merchants is next week. (mrktplcs)

Have a great weekend. 

mrktplcs 22 Oct 2020: Facebook to launch hyperlocal ‘neighborhoods feature, PayPal goes crypto

Facebook is launching a hyper local groups function called ‘Neighborhoods’. It could obviously have a trading and marketplace application. (Business Insider

“The number of sellers on Amazon didn’t accelerate, despite the sales boom during the pandemic – the pie has gotten bigger, but the competition remained practically the same.” (Marketplace Pulse)

Alibaba’s financial wing Ant Group “has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle for its $35 billion dual-listing.” (Reuters)

PayPal has announced that it is making it possible for wallet holders to buy, sell and hold cryptocurrency like bitcoin, ethereum, bitcoin cash and litecoin in their PayPal accounts. (PYMNTS)

Clothing brand Decathlon is reportedly launching an online marketplace in November. (Tamebay)

mrktplcs 21 Oct 2020: eBay launches a marketplace for refurbished electronics

A new eBay site for quality refurbished electronic products is here. Brands including De’Longhi, Dirt Devil, Hoover, Makita, Philips and Razer will sell exclusively. “Demand for refurbished products has surged, and by securing exclusive rights to inventory sold directly from the most popular manufacturers, eBay is changing the way people shop this category.” says eBay (PYMNTS)

Walmart launched a Pro Seller badge that highlights and rewards top-performing sellers. (Marketpulse Pulse)

Royal Mail will now collect parcels from your doorstep in the UK. Not for pro merchants at 72p per parcel with a max of 5 parcels. (Rack rate small parcels is £3.10) However, it does signal RM’s realisation that the future is ecommerce and parcels not letters. Finally. (BBC)

Peak/holiday/christmas search on Etsy searches are up 79% on this time last year. Does this indicate the peak is starting earlier in 2020? (Ecommercebytes)

mrktplcs 20 Oct 2020: Amazon, Etsy, eBay, Fabric, pandemic UK ecommerce up 50%

The pandemic transformation of ecommerce and marketplaces continues: “UK consumers will spend £141.33 billion ($180.39 billion) online this year, up a massive 34.7% from 2019. This significant increase will see ecommerce account for more than 30% of total retail sales in the UK for the first time. In 2019, that share stood at just 21.8%.” (emarketer

Amazon launches a program to pay consumers for their data on non-Amazon purchases. (Techcrunch)

Craft marketplace Etsy is now going to allow shoppers to pay for purchases in instalments. with Klarna. (Stockhouse)

12 minutes watch. eBay CEO Jamie Iannone talks about his vision for a tech led transformation of eBay. (Yahoo)

New company klaxon. Shopify and BigCommerce have a new competitor: Fabric, a new headless commerce platform startup for retailers. (PYMNTS)

mrktplcs: 19 Oct 2020

“During (Amazon) Prime Day, the third-party marketplace dropped from the typical 60% of GMV to less than 35% as Amazon’s first-party sales’ share grew to nearly 70% from just 40%.” (Marketplace Pulse)

According to Royal Mail: “Nearly 16,000 e-commerce businesses were created between March and July 2020. The e-commerce boom reflects the changing patterns of consumer behaviour, including the way we shop, that were largely enforced by lockdown measures.” (Post & Parcel)

39% of UK consumers use an online retail subscription. (Essential Retail)

PayPal launches ‘buy now. pay later’ service ‘Pay in 3’ to the UK. (PYMNTS)

Webinar with DIT and Allegro considers the selling to Poland on this Polish marketplace. More here.

mrktplcs: 14 Oct 2020

Shopify is working with Google to get #ecommerce going on YouTube. ‘Live Commerce’ is the buzzword. (Bloomberg LP)

This commentary from Rick Watson gives useful context: (LinkedIn)

Nil shock. “Amazon to escape UK digital services tax that will hit smaller traders.” (Guardian)

Polish #marketplace Allegro Surges 63% on stock market debut. (Forbes)

Event: The Ecommbash from Shopify is virtual in 2021.

mrktplcs: 13 Oct 2020

It’s day 1 of the delayed Amazon Prime Day sales event. “This year’s Prime Day is going to be another record-breaker. However, in its sixth year, it stands out the most by how little Amazon is trying.”  (Marketplace Pulse)

(On a personal note, I did price check something I need on Amazon today, to find it was 25% cheaper on eBay. Of course, it will take longer to arrive but…)

“Nuvemshop, a Latin American answer to Shopify, raises $30 million.” (TechCrunch)

In the UK, Etsy is encouraging merchants to sign a petition against a proposed online sales tax noting (quite rightly) that it will hurt small business more than multinational corporations. (Ecommercebytes)

ShipStation is the “first U.S. shipping solution to officially integrate with Alibaba Group ” (PYMNTS)

#marketplaces#ecommerce

mrktplcs: 6 Oct 2020

Meet Wakuda.  “New online marketplace for black businesses launches” (The Voice) “Wakuda is the brainchild of Albert Larter and Nathaniel Wade, both 29 years old, who founded the start-up after noticing a shift in focus to “black economics” as a way of supporting the black community following the resurgence of the Black Lives Matter movement.”  

UK Homewares retailer The Range is also launching a new 3P marketplace. (The Grocer)

#klarna is launching a marketplace? A shopping app? It’s a bit unclear. “The new Klarna app elevates the entire shopping experience, from start to finish by bringing together all the best aspects of shopping in one place, giving Klarna users a unique and personalised experience at their fingertips.” (FashionUnited)

What content do you want to see at #Ecommerce Expo #Berlin in Feb 2021? You can pitch and vote now. (EcommerceBerlin)

40 countries. “If you use #Linnworks for multi-channel ecommerce then you can now list on #Fruugo directly from within the Linnworks order management system. (Tamebay)