mrktplcs: 29 July 2020

#McKinsey describes the 2020 boom in USA ecommerce and #marketplaces: “10 years growth in 90 days” (See image below) (McKinsey)

(The #eBay results are dealt with in a dedicated post by mrktplcs on (LinkedIN) here. (And on mrktplcs.com here.)

#Shopify had a huge second quarter. (Business Wire)

#Ecommerce growth in #Spain has gone wild in the time of #covid: Up 67% in Q2. (In Spanish). (Ecommerce News)

Digiday explores the expensive world of #Amazon Advertising. (Digiday)

#Avalara is holding a #VAT Voice session ‘Brexit Special tomorrow 30 July. You didn’t forget #Brexit, right?

mrktplcs: 27 July 2020

What has Rishi Sunak and the UK government got against small businesses selling online? The Online Sales Tax is back on the cards. #ebay has a huge campaigning role on behalf of small firms. (The Guardian)

The High Street deserves a boost but won’t get it by taxing #SMEs. If it’s about bashing multi $bn multinational corporations (like, #Amazon, #Google and #Facebook) an online sales won’t work. (If the aim was headlines on a Monday, mission accomplished.

Techcrunch ascribes this to the recent partnership with Shopify.

#USA Walmart marketplace has surpassed 50,000 sellers, doubling in size from July 2019. (Marketplace Pulse)

ChannelAdvisor has acquired Blueboard. (ChannelAdvisor)

#eBay UK changed the rules re buyer cancellations in the UK to conform with the US policy. (Ecommercebytes)

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: 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