BigCommerce Expands Cryptocurrency Payment Ecosystem in Partnership with BitPay and CoinPayments

Posted on September 21, 2022 by - Bigcommerce

BigCommerce has announced strategic partnerships with BitPay and CoinPayments, delivering cryptocurrency payment solutions to the eCommerce platform’s merchants. By expanding its cryptocurrency ecosystem, BigCommerce hopes to open up opportunities for its merchants to offer new payment options, broaden their market share, and accelerate international growth. Why should you consider accepting cryptocurrency payments? By partnering with two leading players in the cryptocurrency payment sector,  BigCommerce allows merchants  to choose which cryptocurrency payment solution will work best for their business. Both solutions offer single-click integration, allowing retailers to quickly and easily start accepting cryptocurrency payments. Highlighting the value of being able to accept cryptocurrency payments, Marc Ostryniec, chief sales officer at BigCommerce, said: “Expanding our crypto ecosystem to include trusted best-of-breed partners is just… Read more »

eBay Beats Depop and Vinted For Pre-Loved Fashion Bargains

Posted on September 16, 2022 by - eBay, Frooition

eBay is the cheapest online marketplace to buy pre-loved fashion in the UK, according to research by the discount retail site VoucherCodes.co.uk. The study analysed pricing data for 20 popular fashion brands, including Dior, Nike, and YEEZY, across eBay, Depop, and Vinted. The research found that pricing across the three marketplaces varied dramatically, with eBay typically featuring the lowest prices for pre-loved fashions. Lowest Prices for Pre-Loved Fashion The analysis showed that 12 out of 20 researched items were priced significantly lower on eBay than Depop and Vinted. Only five items were cheaper on Depop and three on Vinted. Highlighting the price differences across the various online marketplaces, the study showed a pair of Nike Air Jordan 1’s were priced… Read more »

Will Relisting Slow Moving eBay Listings Impact My eBay Sales History?

Posted on September 14, 2022 by - eBay

eBay Listing Optimisation

We recently published a blog post highlighting how eBay listings with zero sales activity over the last 90 days may impact negatively on your entire product catalogue’s visibility in eBay search. We suggested that eBay sellers should therefore stop, optimise and relist any slow-moving items to protect their wider items’ visibility on the online marketplace. We also reported that it might not be a good idea to continuously run listings for some seasonal products (like Easter Eggs) in the hope of the occasional out-of-season sale. The article created quite a stir in the community. Many sellers suggested that such a move would negatively impact their eBay sales history and potentially further damage their visibility. So who was right? Well, it… Read more »

Has eBay Finally Found Its Niche In The Circular Economy?

Posted on September 13, 2022 by - eBay

In 1995, a random shopper purchased a broken laser pointer from a fledgling online auction site and, unbeknown to him at the time, became eBay’s first-ever buyer. The story of this mystery shopper became part of the folklore behind one of the Internet’s biggest and most loved brands. Twenty years later, Mark Fraser was identified as the legend who bid $14.83 to buy what was essentially a broken item. In a short video celebrating eBay’s 20th anniversary, Fraser revealed the reason behind his purchase. It’s a story that many eBay buyers and sellers will identify with today. Make do and mend At the time of the purchase, Fraser worked in a job that took him out on the road to… Read more »

eBay Circular Economy

eBay Promoted Listings Advanced (BETA) Updates

Posted on September 7, 2022 by - eBay

eBay has announced the release of new features to its Promoted Listings Advanced (BETA) advertising service. The changes are designed to enhance eBay sellers’ ability to reach more buyers from eBay searches. The online marketplace has expanded the number of available slots at the top of eBay search results, creating more opportunities for sellers’ listings to reach interested buyers. Previously, only the top slot of search could be targeted. Therefore, this expansion means even more opportunities to scale the visibility of your listings. Because both Promoted Listings Standard ads and organic listings are still eligible to appear in the top 4 slots, it is essential to optimise your listings to ensure that you have the highest quality listings for the… Read more »

Pretty Little Thing Launches Pre-Loved Fast Fashion Marketplace App

Posted on September 1, 2022 by - Frooition

Fast fashion brand, Pretty Little Thing, has launched a marketplace app enabling users to buy and sell second-hand clothing. The PLT marketplace joins an already crowded market, including fashion-specific brands like Depop and Vinted, along with traditional online marketplaces like eBay, which are rapidly rediscovering their love for pre-loved items. eBay and PLT are clearly targeting a similar audience, with both brands investing heavily in promotions linked to the reality TV series Love Island. eBay sponsored the last reality show series, providing contestants with pre-loved fashions, and recently announced a collaboration with the Islander Tasha Ghouri. Meanwhile, PLT has just announced a six-figure deal with Tasha’s fellow Islander, Indiyah Polack, to represent the fashion retailer as a brand ambassador. Sustainable… Read more »

The eBay Business Roadshow Hits The Beach at Southend on Sea

Posted on August 30, 2022 by - Frooition

The eBay Business Roadshow is heading to Southend on Sea on September 8, 2022. What better way to end the summer than a quick trip to the seaside to catch up with eBay best practices and network with eBay executives and fellow sellers? The eBay design and optimisation experts at Frooition will also be on hand to discuss how you can position your eBay business for success in the busy Q4 sales period. The roadshow will be hosted at Southend on Sea’s Park Inn by Radisson Palace, located on the resort’s Western Esplanade, overlooking the beautiful River Thames and just 300 metres from the famous Southend Pier. What Will eBay Sellers Learn? As with previous eBay Business Roadshow events, eBay… Read more »

The Cost of Living Crisis: How Online Retailers Can Weather The Storm

Posted on August 26, 2022 by - E-commerce, eBay

The cost of living crisis caused by rising energy costs and the subsequent squeeze on household budgets will hit online retail businesses hard this winter. Not only will people have less money to spend on little luxuries and everyday essentials, but the cost of doing business will also soar as suppliers pass on ever-increasing expenses to their clients. We are not pulling any punches here. Christmas 2022 is going to be challenging for many retailers. While there is no “magic bullet” to solve the problem, there are a number of levers businesses can pull to help them better weather the storm. 10 Tips To Help Online Retail Businesses Survive The Cost of Living Crisis Liquidate Distressed Inventory Immediately: When every… Read more »

Why Direct-to-Consumer (D2C) Brands Like Peloton Cannot Ignore Online Marketplaces Like eBay and Amazon

Posted on August 25, 2022 by - Amazon, eBay

Peloton Interactive Inc, the brand that essentially re-invented the home exercise bike, has announced it will start selling its “bikes” and accessories on Amazon.com. This is a significant move for the company that previously only sold direct-to-consumer via its own eCommerce channels and retail stores. Ironically, for a company that sells stationary bikes, Peloton has been on a bit of a journey in recent years. The company saw incredible growth during the Covid-19 pandemic, with lockdown closing gyms and forcing people to look for alternative exercise options. However, as the world emerged from the pandemic, it has struggled to maintain traction, with media reports highlighting how the company lost more than half of its value in recent months. Peloton’s changing… Read more »

Online Marketplace Sales Worth £282bn To UK Economy

Posted on August 17, 2022 by - eBay

Online marketplaces like eBay and Amazon might be the first step many small businesses take on their online retail journey, but that doesn’t mean the scale of the opportunity isn’t significant. According to a recent report in Internet Retailing, the UK is home to approximately 882,000 businesses selling on online marketplaces, turning over a staggering £282bn a year. That’s the equivalent of 6% of all UK business turnover, and that figure is set to grow. Online Marketplaces: A Growth Industry The report suggests that revenues for companies selling on online marketplaces are growing at a rate of 9.4% a year, compared to just 7.4% growth enjoyed by other online sellers. Much of this growth can be attributed to the global… Read more »