Value Added Resource Week In Review 11-27-22

Liz Morton ~ Founder
Liz Morton ~ Founder


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

We'll start off with a reminder: PayPal has ended the Return Shipping On Us program, effective today.

The service provided a refund up to $30 per transaction, capped at 12 per year, to offset the cost of returns on online purchases paid via PayPal.

PayPal Ending Return Shipping On Us Program
PayPal announces Return Shipping On Us program will end November 27, 2022.

eBay News

In national headlines this week, a Nashville pawnshop owner was arrested after a 10 month long investigation revealed millions of dollars in goods stolen from Kroger, Home Depot, Lowes, Walgreens, CVS, Publix, Walmart and Target were fenced through the company's eBay account.

Nashville Pawn Shop Sells Millions In Stolen Goods On eBay
Owner of Nashville pawn shop arrested after 10 month investigation found millions in stolen goods sold on eBay.

eBay took the opportunity over the holiday to slash even more open job positions - dropping to 222 available jobs vs a peak of 696 in July.

Could Hiring Slowdown, Layoffs Be On The Horizon At eBay?
As pandemic-fueled ecom boom wanes, tech companies are slowing hiring, announcing layoffs - is eBay next?

An eagle-eyed seller noticed eBay is testing a new Promoted Display ad product that shows competitor stores in prominent, highly visible, above the fold ad space on listing pages.

New eBay Promoted Display Ads For Stores Seen In The Wild
Is eBay testing Promoted Display ads that will promote competing stores in prominent listing page placement?

eBay Sneakers hosted a VIP party for Top Star members with celebrity sneakerheads, DJs, and influencers in attendance.

eBay Sneakers Hosts VIP Party For Top Star Members
eBay hosts VIP Top Star member event in Long Beach, CA with celebrity sneakerheads, DJs & influencers.

And in a rare display of candor and openness to public feedback, eBay has been soliciting constructive criticism and suggestions about the sneakers experience on Twitter.

eBay Sneakers Wants Your Suggestions!
eBay is soliciting constructive criticism & suggestions about the sneakers experience on Twitter.

eBay is also adding more transparency by showing a breakdown of fees and total earnings directly on order pages.

eBay To Show Fee Breakdown, Earnings On Order Pages
In rare move of increased transparency, eBay is adding break down of fees & earnings directly on Order pages.

A vinyl records and media seller discovered his art print listings are restricted from search and incorrectly labeled as adult content even though he is following all of eBay's nude art policies.

eBay Seller Punished For Following Nude Art Policy
Media seller says eBay is restricting items from search even though they follow nude art item specifics policy.

eBayUK sellers say dispatch and delivery times are not reflecting delays due to Royal Mail strikes and they are not always receiving the protections eBay promised.

eBayUK Not Extending Dispatch, Delivery Time For Royal Mail Strikes
eBay UK sellers say dispatch & delivery times are not reflecting delays due to Royal Mail strikes.

In the run up to the biggest online shopping weekend of the year, sellers were left in the dark about eBay's Black Friday plans, wondering if marketing efforts would benefit all sellers on the site or just a few chosen vertical focus categories.

Sellers Ask What eBay Plans For Black Friday & Cyber Monday
If eBay has big plans for Cyber week, they haven’t shared them sellers.

Browsing through eBay's Black Friday deals revealed a troubling trend - many sellers are using strikethrough pricing to fake the appearance of deep discounts that sales history shows to be false advertising.

Should the FTC crack down on eBay and other marketplaces that allow merchants to engage in this deceptive practice?

Are eBay Black Friday Deals Really Discounted?
eBay pushes up to 80% Black Friday deals but many use falsely advertised strike through prices to fake discounts.

Other Ecommerce News

Hestia Capital Partners is flexing their 6.9% stake in Pitney Bowes to push the company to re-evaluate its capital allocation and ecommerce strategy, including possibly selling off the Global Ecommerce segment of the business.

Hestia Pushes Pitney Bowes To Sell Global Ecommerce Business
Hestia Capital, which has a 6.9% stake in Pitney Bowes, wants to sell off ecommerce segment of the business.

Livestream shopping platform Whatnot is literally going out of this world for Cyber Weekend - giving users a chance to win a Blue Origin space flight and other luxury items in its Black Friday sweepstakes.

Whatnot Gives Away Trip To Space & More For Black Friday
Whatnot is going out of this world for Black Friday with a chance to win a Blue Origin space flight.

Shopify reported merchants on its platform broke Black Friday records with $3.36 Billion in sales.

Shopify Reports Record Breaking Black Friday For Merchants
Shopify says merchants on its platform broke Black Friday records with $3.36 Billion in sales.

Poshmark has designated November 27 Secondhand Sunday to encourage circular economy pre-loved gift giving for the holidays.

Poshmark Names November 27 Secondhand Sunday
Poshmark is encouraging secondhand holiday gifting, proclaiming the Sunday after Thanksgiving to be Secondhand Sunday.

And finally Amazon faces a rough patch with customer satisfaction slipping, ongoing seller trust issues, employee confidence shaken by layoffs, and thousands of workers planning strikes on Black Friday.

Amazon Faces Falling Consumer, Seller & Employee Confidence
Amazon customer satisfaction slips, seller trust needs work & employee confidence shaken by layoffs.

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Week In Review