July Ecommerce News Roundup

Post by Expandly on 3rd August 2018

Tags:

Amazon

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Broadband

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Ebay

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Ecommerce

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Etsy

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Expandly

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Inventory Management

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Multichannel Management Software

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PayPal

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Shopify

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Shopping Cart

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Wish.com

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July, the month of we’re getting home, we’re returning, we’re actually hot, we didn’t mean it, we’re truly hot again and the following not-to-be-missed ecommerce news.

La-da-de la-DaWanda

European marketplace DaWanda is closing its doors on 30 August, and Etsy is swooping in, with a shoulder to cry on and a room to move into. Etsy has developed an tasks Amazon is building a brand-new fulfilment centre in the Canadian capital, Ottawa, bringing more than 800 full-time tasks. Amazon hopes that this will enable it to much better assistance its consumers in the area and so do Canadian Amazon sellers.Around the world

, around the world Etsy desires to take you

worldwide. Currently, more thanone-third of Etsy sales are worldwide, and they wish to increase that by assisting sellers using the online market to expand their international reach. As part of this they will: broaden payment alternatives in Germany with Klarna; make shipping between the UK and Australia easier; spread the word about Etsy in Italy and the Netherlands; and check out opportunities in India. Turn flops packed.Show me the cash Or a minimum of ways to make it. eBay has actually introduced its eBay Neighborhood Mentors Program to

help sellers help each other. Those taking part in the program will get a neighborhood badge on their profile, as well as access to the eBay neighborhood team(with monthly video chats), access to a private coach’s lounge, participation in shaping new Neighborhood functions and invitations to special opportunities and events. Sign up for the US-based progam< a href="http://rover.ebay.com/rover/1/710-53481-19255-0/1?campid=5335837209&customid=&toolid=10001&mpre=https://community.ebay.com/t5/Community-Mentors/ct-p/Mentors"rel=noopener > here. Image-ion that In 2015 eBay released a brand-new Image Browse feature for its app, and if that wasn’t rather making shopping easy enough, eBay has now made it even easier. Beginning in August, users of the feature can drag and drop images into the search bar to find comparable items.I’ve got one of those somewhere Need another screw, nut, washer, bolt or fastener that is absolutely somewhere you cannot find.

Seach no more– the Amazon’ Part-Finder’app function will find it for you. Simply take a photo of the product then Amazon takes you to somebody selling it. The app is capable of identifying thousands, if not millions, of parts– exactly the same quantity in our garage, somewhere.Look after the pennies And the pounds will care for themselves. July was the month for Q218 results for numerous in the ecommerce world.Paypal PayPal’s< a href =https://www.paypalobjects.com/digitalassets/c/website/marketing/global/shared/global/media-resources/documents/PayPal_Q2_2018_Earnings_Press_Release.pdf rel =noopener > quarterly outcomes included an extremely pleasing earnings of$3.86 billion(22%boost). It also announced 7.7 million brand-new active accounts and 2.3 billion processed transactions. And for those of you questioning, PayPal will continue to be a feature on eBay up till 2025. Amazon As expected, Amazon had a robust Q2(which didn’t even consist of Prime Day). Net sales increased 39% to$52.9 billion.eBay eBay was a combined bag, reporting excellent quarterly incomes but weak earnings guidance for this quarter

and the full-year sales outlook. Profits was$2.6 billion (an increase of 9%), and active purchasers were up by 4% (making an overall of 175

million).

Shopify< a href =https://www.shopify.com/press/releases/shopify-announces-second-quarter-2018-financial-results rel=noopener > Shopify was also pleased with its$245 million income, a 62%increase.Home sweet house In May we announced that Shopify was seeking to get physical, with a store for e-retailers to visit for aid with their online businesses. This month, Shopify revealed

that it is settling in ROW DTLA in downtown LA. Providing in-person assistance, events and workshops, Shopify merchants can discover first-hand how to grow their businesses.Sorry, you’re not on the visitor list Picked eBay sellers have actually been welcomed to the eBay Payments Beta trial.

Set to change PayPal as the default payment alternative, the trial begins in September and will include:– One location to offer and earn money (everyday )– Simpler expenses– Consolidated rates– Brand-new payment options for your purchasers– Better security And A big shout out to our online merchants

assisting Brits beat the heat. Online shopping between 11 pm and

6 am has increased by 26 %, as a population too hot to sleep turns to shopping rather. On behalf of the nation, we thank you.Here’s to an remarkable August