mrktplcs 22 July 2020

Goldman Sachs predicts #ecommerce sales growth will accelerate in the next 3 years. (Pymnts)

Amazon has provided more info about Prime Day 2020, which usually lands in July and delayed by the virus. (With a huge boost to #ecommerce doesn’t need it so much.) It will go ahead, later in the year. The smart money likes the first week of October. In #India it’s confirmed for August 6 -7. (Techcrunch)

#Amazon is making big investments to expand in #Spain. (Amazon EU) https://www.aboutamazon.eu/press-release/amazon-to-create-2-000-new-permanent-jobs-in-spain-in-2020-total-workforce-will-reach-9-000-employees

(If you are generally interested in #ecommerce and #marketplaces in #Spain then Ronan Bardet is the best source of info. His latest newsletter is found here.

There is a trend towards new national #marketplaces emerging. In #Australia you can now get ready for the Buy Aussie marketplace. (Canberra Times)

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: 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