mrktplcs: 21 July 2020

We knew that #2020 would be the year when #covid19 transformed #marketplaces and #ecommerce but in the UK, #Brexit is still coming.

(#RoyalMail has seen a 64% increase in parcel volumes Mar-Jun. (Post and Parcel)

More emerges about the post-Brexit #AmazonFBA options. ACTIV8 has provided a very useful guide: #Amazon After Brexit: Preparing for the end of EFN & Pan-European FBA. (Activ8.)

Are we closer to knowing how Brexit will impact other international sales? There is no reason to suggest this will be seamless or easy for exporting businesses. Red tape and paperwork, is one prediction: (iNews).

More info about the UK VAT changes too. The government announcement (hopefully positive) should help #eBay sellers in particular. Insights from (Accountancy Age) #ukvat #vat

And all of that is before mentioning the possibility of a trade war with #China that will have serious ramifications for supply chains. But that’s for another day.

mrktplcs 20 July 2020

The UK government wants #marketplaces such as #eBay and #Amazon to collect #VAT for UK sales fulfilled by merchants based overseas of the start of next year. Bad news for so called ‘chinese sellers’ who have been gaming the system but good news for UK sellers playing fair. (HM Government)

Unconfirmed: “Norway’s Adevinta has won the auction to buy the bulk of eBay’s classified ads unit for nearly $9 billion” eBay will retain a minority stake. The question is whether this cash boost and fewer businesses to focus on will be a boon for the core marketplace. eBay Inc is a much small business now without classifieds and #paypal (Reuters)

Evidence of a lasting boost to online from COVID-19, #uk #courier #hermes are betting big with a £100m hub creating 10k jobs. (Yorkshire Post)

#ecommerce

mrktplcs: 17 July 2020

#Google is experimenting with video shopping with #shoploop (Techcrunch)

Ethical, low waste online shopping has launched with #Loop in partnership with #Tesco. (Resource)

#Digiday doesn’t reckon #bigcommerce can “dethrone” #shopify in the ecommerce stakes. (Digiday)

Now 5 years has elapsed since the #eBay #paypal divorce, the marketplace is accelerating the process of transferring merchants to the new #adyen powered system of #ebaypayments that includes #applepay and #googlepay. (eBay)

Introducing a new ecommerce concept born during COVID from Thomas J Vosper: https://aisle-3.co #aisle3 He’s looking for seed funding. (LinkedIN)

Event: #Lengow Day is on 1st October 2020. It’s virtual. #marketplaces (Lengow)

#marketplaces #retail #covid19

mrktplcs: 16 July 2020

Big deal>> #Brexit impacts #AmazonFBA. UK sellers will no longer be able to use the EFN (European Fulfilment Network) or Pan-European FBA. Bad news but not surprising as uncertainty continues. (Esellercafe)

#Instagram launches its redesigned Shop, now powered by #Facebook Pay. (Techcrunch)

A new service from #Shipstation opens up #MercadoLibre and Latin America to merchants. (Post and Parcel)

#Walmart is now a strong second to #Amazon and growing faster than its rival. The company is embracing new strategies, partnerships, and infrastructure that have modernized its e-commerce platform and made it a more formidable rival to Amazon and direct-to-consumer sellers.” (Ecommerce Times)

#Payments system #Square has launched checkout service for websites. (Ecommerce Platforms)

Jobs: #eBay in London in the logistics team. (eBay Inc.)

#marketplaces #ecommerce

mrktplcs: 15 July 2020

For many #ebay merchants today is the deadline to sign up for the #adyen powered #payments replacement to #paypal. It is potentially a huge upheaval for sellers. (On #tamebay the comments make for interesting reading.) (Tamebay)

#Amazon will enforce FBA inventory limits beyond August. This will impact the delayed Amazon Prime Day expected on October 5th. (pymnts.com)

#Bigcommerce is going public. #IPO. (Techcrunch) They have also increased payment options available on the platform with an Adyen integration. (Ecommercebytes)

#Etsy has had ‘a good virus’. Modern Retail has a good summary. #covid19 (Modern Retail)

Carrier #Whistl predicts #brexit delivery delays.(Post and Parcel).

#EnterpriseNation has an Amazon ‘bootcamp’ for Food & Drink sellers coming up in August. (Enterprise Nation)

mrktplcs round up: 14 July 2020

COVID US Marketplaces impact: “36% of retailers said they adjusted their marketplace strategy as a result of COVID-19. Site traffic to the 57 top U.S. marketplaces grew a combined 17% in May compared with May 2019.” (DigitalCommerce360)

#StockX “the first-ever ‘Stock Market of Things,’ announced it has now surpassed $2.5B in gross merchandise value (GMV) in Q220. (PR NewsWire)

#backtoschool Modern Retail warns that the reliable sales event of Back to School might be another victim of #covid19 (Modern Retail)

#Brexit: With confirmation that UK to EU paperwork will increase in less than six months time (and that will impact exporting #marketplaces and ecommerce sellers the Freight Transport Association (FTA) urge the government to keep talking. (Logistics Manager)

Job: Bondi Sands is looking for an Ecommerce Manager. (LinkedIN)

mrktplcs: 13 July 2020

(This was originally posted on LinkedIN and only retrospectively here. Thus the links.)

At #ebay there is an increased use of #escrow services (this relates to USA motors but expect more) as trust remains a crucial #marketplaces and ecommerce concern. https://lnkd.in/dhizfTj

#shopify considers how you can sell in #china using #wechathttps://lnkd.in/dZEaACZ

#Marketplace for beautiful things #trouva explains how it has optimised its site to improve sales during COVID using #ometriahttps://lnkd.in/dxh7tMt

Longer Read: Jacob de Geer of #izettle (now part of #paypal) talks about how payments innovation during the COVID crisis has been vital to #SMEshttps://lnkd.in/drmuVFH

Event: ZigZag Global and GFS – Global Freight Solutions Ltd are teaming up for webinar on 3rd September called: Cracking the returns challenge. https://lnkd.in/dY8GXba

Job: #crescodata is hiring for an Ecommerce Manager https://lnkd.in/dYGY_UQ

#mrktplcs #amazon

mrktplcs: 12 July 2020

(This was originally posted on LinkedIN.)

The UK government has announced £700m of spending to ready the borders for #brexit That doesn’t sound like what you’d spend for a smooth end to partition. Border delays in any form are bad news for #marketplaces and #ecommercemerchants selling online. https://lnkd.in/dT9SDZf

In Russia, #aliexpress is expecting $10bn turnover in 2022-23. #alibabahttps://lnkd.in/dKjVzdS

If you are importing from #china or want to, this guide (on #linkedin) from #royalmail is useful. https://lnkd.in/dgTESH8

#linnworks can now successfully help merchants trade on the #onbuymarketplace. https://lnkd.in/dBYVA9G

Jobs: The trendy fashion marketplace #depop has loads of open vacancies! https://lnkd.in/dSpcAVB

mrktplcs: 5 July 2020

(This piece was originally published here on LinkedIN on 5th July 2020 ruminating on a tourism and retail bailout that didn’t come to pass. It ended up manifesting itself, to a great extent as the “£10 Government Meal Deal”. Half price Sunak Suppers Monday to Wednesday in august 2020. Eat out to help out. Fnarr. Ahem.)

UK Chancellor Rishi Sunak is considering a scheme where every Brit will get some sort of stimulus cash. Maybe £500 for adults to spend in sectors hardest hit. https://lnkd.in/dmn7ziF

“Under the plans the vouchers could only be spent in certain sectors, such as hospitality and “face to face” retail, as opposed to online.” We could be talking about £30bn. 

The crucial aspect of this plan should be agnostic about how the money is spent rather than where. An estimated 85,000 businesses pivoted online in the lockdown. https://lnkd.in/d69pVGP

It reflects a concern I’ve had for some time that often online isn’t seen as an SME channel. Considering the likes #eBay#notonthehighstreet and #Etsy(even #amazon) they are home to thousands of SMEs. It would be an ironic outcome if the money could be spent at #Argos etc but not online SMEs. 

Platforms and marketplaces will need to be involved. If you want to stimulate tourism and culture, then you will want to include #eventbrite and #airbnb. (One thing that must be negotiated is an arrangement on fees.)

#ecommerce#mrktplcs#marketplaces