Value Added Resource Week In Review 1-21-24

Liz Morton
Liz Morton


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Welcome to the Value Added Resource ecommerce news week in review!

eBay News

eBay UK operations leadership changes have been finalized as Chief Operating Officer Cristian van Tienhoven officially departs the company.

eBay UK Operations Completes Leadership Transition
eBay UK leadership changes have been finalized as Chief Operating Officer at eBay UK Cristian van Tienhoven officially departs the company.

Sellers who utilize eBay Seller Capital loans were unceremoniously informed that eBay is no longer partnering with LendingPoint, providing no advanced warning of this important change to the lending program.

eBay Drops LendingPoint, Pivots To Funding Circle For Seller Capital Loans
eBay abruptly ends partnership with LendingPoint , will use Funding Circle for eBay Seller Capital loans, in sudden unannounced changed.

A seemingly small change to the eBay View Item Page could spell serious legal and compliance trouble for sellers in Germany.

eBay Germany Moves Cancellation Policy On View Item Page, Exposing Sellers To Legal & Compliance Trouble
A seemingly small change to the eBay View Item Page could spell serious legal and compliance trouble for sellers in Germany.

eBay put out an announcement providing sellers with details of USPS rate changes slated for January 21, 2024 and good news sellers - cubic rates will finally be available for labels purchased through eBay!

eBay Will Finally Support USPS Cubic Rates With January 21 Postage Update
eBay reveals USPS Cubic Rate labels will finally be available to purchase through to platform with January 21, 2024 postage update.

Would you trust eBay to automatically create posts to share your new listings to your social media accounts? If so, auto-posting for eBay Social is for you!

eBay Social Auto-Posting Automates Sharing Listings With Help From AI
Would you trust eBay to automatically create posts to share your listings on your social media accounts? Check out auto-posting for eBay Social!

eBay sellers say they are losing sales as a shipping discount promotion glitch confuses buyers during checkout.

eBay Shipping Discount Promotion Glitch Stymies Sales
eBay sellers say they are losing sales as a shipping discount promotion glitch confuses buyers during checkout.

eBay is rolling out new ways for sellers in Australia to provide more granular fitment data with Vehicle ePID (eBay Product ID).

eBay Introduces Vehicle ePID For Enhanced Motors Parts & Accessories Fitment In Australia
eBay is rolling out new ways for parts sellers in Australia to provide granular fitment data with latest innovation - Vehicle ePID.

eBay also has a new workplace in Sydney, Australia, creating a "human-centric and agile environment that addresses the evolving needs of eBay’s people."

Details of the project were revealed on the builder's website, raising questions about how the company views security concerns regarding the public release of information about their offices and facilities.

eBay Unveils New Offices In Sydney, Australia Representing “Refreshed” Identity
Builder reveals details of eBay’s new Australia office, raising questions about how the company views security with release of facility info.

Other Ecommerce News

Etsy teased a big announcement "coming soon" about their plans to bring more buyers to the site in 2024, saying you'll have to subscribe to the Etsy community forums to find out what's in store!

Etsy Teases Big Surprise To Bring In More Buyers In 2024
Etsy is teasing big news about plans to bring in more buyers - but you’ll have to subscribe to the community announcement thread to find out!

But sellers who were not content to sit back and wait have been guessing at what the surprise could be, with most leaning toward a Super Bowl ad or something called "Gift Mode" they briefly saw on the Etsy homepage before it disappeared.

Etsy may have removed the link from their homepage, but it had already been indexed by Google and was still publicly available, with a little bit of searching.

Gift Mode is a "fun gift finder that will suggest the perfect presents based on the occasion, the person's interests, and more" according to Etsy. It uses answers to a few simple questions, and a little help from AI, to create curated gifting recommendations.

Etsy Gift Mode AI Recommendation Tool Launches In Stealth Mode
Etsy Gift Mode helps buyers easily find special gifts for all the people & occasions in their lives, with a little help from AI.

Shortly after publishing this article, Etsy redirected the link to the existing Gift Guides page, suggesting this was an unintentional early launch failure and may in fact be the big secret we're all waiting for.

Amazon book sellers were sent scrambling this week when they received very short notice of new restrictions on listing seasonal books for sale on the site.

Amazon Book Sellers Panic Over Seasonal Book Restrictions
Amazon book sellers were sent scrambling when they received very short notice of new restrictions on listing seasonal books for sale on the site.

And finally, Bonanza CEO Quincy Faison says he has big plans for 2024 but his aspirational video and company blog post are very light on details about Bonanza's future.

Bonanza CEO Shares Aspirational Plans For 2024
Bonanza CEO Quincy Faison says he has big plans for 2024 but his aspirational video & blog post are very light on details about Bonanza’s future.

Don't forget USPS rates increase today! Check out exclusive side by side comparison charts from Value Added Resource to see what's changing for Media Mail and other market dominant products, as well as competitive products like Ground Advantage and Priority Mail.


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Week In Review

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Liz Morton is a seasoned ecommerce pro with 17 years of experience in online sales & marketplaces, providing expert commentary, analysis & news about eBay, Amazon, Etsy & more at Value Added Resource!