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: 11 Aug 2020

June 020 saw online retail thrive with 76% YoY growth (USA) says Adobe. https://lnkd.in/dNe4VR3 (Digitalcommerce360) and 41% of UK non-food retail was online. (Essential Retail)

Local #ecommerce is flourishing in 2020. A new #marketplace for merchants/SMEs in the Scottish highlands and islands called Highland Hiddle looks exciting. (Rosshire Journal)

And Nicole Vanderbilt, ex-Etsy is bringing a dose of online magic to small local bookshops for bookshop.org. She’s hiring. (LinkedIN)

Amazon customer satisfaction has returned to pre pandemic levels.
https://lnkd.in/djjkY2i (MarketplacePulse)

Facebook is beefing up ecommerce payments with #Facebook Financial: (pymnts)

mrktplcs: 6 Aug 2020

Yesterday’s Bigcommerce IPO went with a bang: BigCommerce Stock Closes 201% Above IPO Price. (Crunchbase). 

Rick Watson points out that in this ecommerce space there is room for a more than one winner. (Linkedin)

Etsy has reported staggeringly good Q2 results and, in part, the rush for face masks was crucial. (Verge)

Two snippets from eBay: it will be holding an online 25th Birthday “sellerbration” on 25th Sept. There’s branded swag if you sign up for the virtual event. (Sadly only for USA/CA.) (eBay)

eBay UK is building “a team of expert sellers over the coming months” to provid coaching and help other sellers become successful. (Limitless)

Amazon continues to have fulfillment issues and that’s frustrating merchants. (Modern Retail)

mrktplcs: 3 Aug 20

Hyper local retail has been a COVID #marketplaces trend. And “neighborhood Facebook groups became havens for ultra-local businesses” (Modern Retail)

#etsy launches payments in 7 more countries with #adyen (Israel, Malaysia, Mexico, Morocco, South Africa, Turkey and the Philippines) (Etsy)

Two morsels on #fulfilment:

#Ecommerce shipment volume surges while on-time deliveries plummet” (DigitalCommerce360)

#Otto says that #returns are down due to #covid (EcommerceNews)

News on the Beast #Amazon:

10 #AmazonGo cashierless shop coming to the UK. A timely covid proof shopping experience (Retail Sector)

And #AMZ will launch 3k satellites to power the web. (Forbes)

mrktplcs: 24 July 2020

The UK Office for National Statistics has reported retail figures to the end of June. As most media has reported, retail bounced back strongly. (BBC News)

But check out the ONS graph below for Non-store Retail in the same period: it’s staying steady which is great news for #ecommerce and #marketplaces sellers. (ONS)

“Flipkart acquires Walmart India to launch wholesale digital marketplace.” (ZDNet) #india 

If you’re interested in how Instagram is continuing to increase the visibility of #shopping this is a useful digest from Modern Retail

Calling all crafters. Look at all these Etsy alternatives. (Sellbrite) #etsy 

Amazon is experimenting with packaging. How about reusing it to make a cat house? (CNET

Have a great weekend.

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: 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