Value Added Resource Week In Review 8-14-22

Welcome to the Value Added Resource week in review!

eBay News

eBay hosted the third quarterly Seller Check In event of the year. The agenda this month was fairly light with a general eBay overview from Chief Revenue Officer Ashish Chhabra, a segment about returns with Senior Director Protections Ian Bednowitz, and a Q&A between eBay Director Community Rebecca Michals and Forrester analyst Sucharita Kodali about the silver lining of the pandemic.

It's likely they're holding any big announcements for eBay Open in September.

eBay Fall 2022 Seller Check In

Highlights from eBay’s Fall 2022 Seller Check In event.

Value Added ResourceLiz Morton ~ Founder

This week we also had the monthly eBay community chat and the topic for August was Terapeak Research and Sourcing Insights with Product Manager Lucan McRandall.

Lucan is a member of the Seller Experience Growth & Insights team and honestly, it's a shame the chat was limited just to Terapeak. The low level of participation is perhaps an indication not many sellers are interested in Terapeak specifically but I bet if they had opened it up to more general questions about seller growth they would have gotten a lot more engagement, especially from those who've reported a serious sales slump in the last few months.

On the plus side, I was able to ask about some issues with Sourcing Insights that have been reported impacting the Motors categories since June 2021.

eBay August Chat: Terapeak Research & Sourcing Insights

eBay community chat with Product Manager Lucan McRandall on Terapeak Research & Sourcing Insights.

Value Added ResourceLiz Morton ~ Founder

eBay has announced a new partnership with TaxAct to help sellers navigate new 1099-K tax requirements.

eBay Partners With TaxAct To Help Sellers With 1099-Ks

eBay taps TaxAct to help navigate new 1099-K requirements with launch of tax information center for sellers.

Value Added ResourceLiz Morton ~ Founder

Take a deep dive into how to set up express payouts to a debit card for eBay Managed Payments.

How To Set Up eBay Express Payout To Debit Card

What sellers need to know about how to set up eBay express payouts to a debit card.

Value Added ResourceLiz Morton ~ Founder

eBay is trying to lure more sellers into trying out Promoted Listings Standard with promotions in both the US and UK offering free ads, but there's some very important fine print that could cause sellers to incur ad fees past the promotional period.

eBay $500 Free Promoted Listings Promo - Read The Fine Print

eBay is trying to lure sellers into Promoted Listings Standard, but as always - it’s important to read the fine print!

Value Added ResourceLiz Morton ~ Founder

Plus - don't miss this exclusive, members only sneak peek:

eBay Exec Emails Revealed In Ongoing Cyberstalking Case

eBay cyberstalking criminal case is over, civil suit continues with ex-security chief blaming top executives.

Value Added ResourceLiz Morton ~ Founder

Other Ecommerce News

USPS has proposed peak holiday season rate hikes effective October 2 - January 22.

Sellers on platforms like eBay and Etsy will want to pay particular attention as higher shipping rates will also lead to higher commission fees on marketplaces that include shipping cost in fee calculations.

USPS Proposed Rate Hikes For 2022 Peak Holiday Season

USPS has announced proposed rate adjustments for peak holiday season, effective October 2 - January 22.

Value Added ResourceLiz Morton ~ Founder

Etsy is planning their first ever virtual holiday kickoff event on September 8th, featuring content from Etsy experts and sellers, tailor-made speakers, panels, and workshops focusing on entrepreneurship and creativity, as well as how to make the most of Etsy’s tools.

Etsy Up To Host First Ever Virtual Holiday Kickoff

Etsy will host first ever virtual holiday kickoff event September 8th 1 PM ET.

Value Added ResourceLiz Morton ~ Founder

Bonanza marketplace is instituting a new $0.25 per transaction fee for members without subscriptions, citing the current economic situation and rising operational costs.

Bonanza Marketplace Adds New Transaction Fee

Bonanza marketplace institutes $0.25 transaction fee for sellers without member subscriptions.

Value Added ResourceLiz Morton ~ Founder

Poshmark has released some new features and app updates including closet QR codes, match buyer's last offer, select all and rotating images on your phone.

Poshmark Latest Features App Update August 2022

Poshmark app update - closet QR codes, match buyer’s last offer, select all & rotating images on your phone.

Value Added ResourceLiz Morton ~ Founder

Shopify Plus partners with DRINKS to make it easier for online wine sellers to navigate the complexities of tax and regulatory compliance.

Shopify & DRINKS Streamline Tax & Compliance For Wine Sellers

Shopify Plus makes it easier for online wine sellers to navigate tax & regulations in partnership with DRINKS.

Value Added ResourceLiz Morton ~ Founder

And finally, popular tax compliance software company Avalara has been acquired by Vista Equity Partners and will be taken private in $8.4B deal.

Tax SaaS Company Avalara Taken Private In $8.4B Acquisition

Popular tax compliance software Avalara acquired by Vista Equity Partners & taken private in $8.4B deal.

Value Added ResourceLiz Morton ~ Founder

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