Author: GeekSeller Editorial Team
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New US Law Requires Enhanced Seller Verification on Amazon
Starting June 27, 2023, a new law called the INFORM Consumers Act requires Amazon to collect, verify, and disclose information about high-volume third-party sellers. Sellers must provide details such as their name, government ID, business address, bank account info, and more. Failure to comply may result in temporary account deactivation.
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Amazon’s New Listing Requirements for Specific Product Types Starting in June
mazon has announced that starting from June 6, 2023, new product listings for certain product types must include three new attributes: color name, size name, or product description attributes. These attributes are required for specific product types such as backpacks, underpants, bra, apron, keychain, costume outfit, leotard, scarf, sunglasses, light fixture, art supplies, hardware handle,…
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Etsy Announces Regulatory Operating Fee Increase in UK, France, and Italy
Etsy will raise its fees in some European countries as of June 1st, 2023. However, this isn’t a general fee increase. This time, it’s an increase in a supplemental fee called the “Regulatory Operating Fee,” which Etsy charges in select markets to cover regulatory compliance costs.
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Shopify Stock Surges on Surprise Profit Despite Job Cuts and Logistics Business Sale
Shopify has announced that it will be 20% smaller after laying off employees and selling its logistics business to Flexport, as part of an effort to streamline operations and focus on core services. The news came as Shopify announced Q1 earnings, which showed a 15% increase in Gross Merchandise Volume (GMV) year-over-year and a 25%…
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Shopify Introduces Free Bill Pay Tool for US Merchants – Pay Vendors Your Way
Shopify has introduced a new tool called Shopify Bill Pay, allowing merchants to manage and pay vendors within the Shopify admin. Powered by Melio, an Israeli-based B2B payments, and bill pay service, Shopify Bill Pay is available to US merchants at no additional cost other than payment processing fees on some payment methods.
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Walmart’s Review Accelerator Program
Walmart has launched a new program called the Review Accelerator Program that encourages customers to leave feedback after purchasing a product on Walmart.com. Customers who purchase an item participating in the program will be asked to write an honest and accurate review in exchange for a digital reward for their next purchase on Walmart.com. Marketplace…
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Pinterest partners with Amazon to bring third-party ads to the platform
Pinterest is partnering with Amazon to bring third-party ads to the platform, enabling more brands and products to be featured and offering a seamless buying experience for users. The partnership will start rolling out later in 2023 and does not replace Pinterest’s existing advertising program.
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Lessons Learned from Bed Bath & Beyond’s Challenges
Bed Bath & Beyond, once a thriving retail powerhouse and popular home furnishings destination, is now facing bankruptcy. The company’s revenue has declined, and its stock price has fallen by nearly 70% year over year. With so much uncertainty surrounding the company’s future, many wonder how things went wrong. According to insights from retail experts…
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Invitation to a Buy with Prime webinar (Tuesday, May 2, 2023 at 11 AM PT)
Get an inside look at a new way to convert shoppers with real-world examples. You’re invited! Attend a Buy with Prime hosted webinar where they’ll introduce you to Buy with Prime and explore how to optimize the shopper journey on your ecommerce site.
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Introducing Woo Express: The New Managed Hosting Solution from WooCommerce
without worrying about hosting and maintenance. The fact that the hosting is provided directly by Automattic using WordPress.com servers and support from WooCommerce staff should give store owners peace of mind that their site is in good hands.