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- 30th Oct
30th Oct
Amazon's Low-Cost Store, Target's Curated Marketplace, Etsy's Holiday Push, eBay's 1099-K Change - This week in Amazon & eCommerce - Oct 30
More and more and more focus on non-USA jobs…
1. Amazon Launches Low-Cost Store for Affordable Essentials: Amazon’s Low-Cost Store will offer unbranded, low-cost items directly to U.S. consumers from its warehouses in Guangdong, China. This invite-only marketplace will feature select Chinese sellers and possibly U.S. sellers with manufacturing in China. [Learn more]
2. Target's Selective Marketplace Strategy Focuses on Quality: Target's partnership with Shopify launched four months ago to expand its invite-only third-party marketplace, but this has produced only limited results. Only 500 new sellers have been added this year, with fewer than 250 approved since June. [Learn more]
3. Etsy Gears Up for the Holidays with New Ads and Enhanced Customer Support: Etsy is ramping up customer service efforts by adding hundreds of representatives to handle the anticipated holiday demand, as announced by Chief Operating and Marketing Officer Raina Moskowitz. [Learn more]
4. eBay Shifts 1099-K Forms to Digital Delivery: eBay has announced that it will discontinue mailing IRS Form 1099-K to sellers, instead opting for electronic delivery to save costs. This change, effective immediately, affects sellers required to report their gross revenue to the IRS when it meets a specific threshold. [Learn more]
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