Author: GeekSeller Editorial Team
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SFP Program Update: Amazon Introduces 2% Fee; New Enrollment Begins October 1, 2023
Amazon has revealed a change to its Seller Fulfilled Prime (SFP) program, introducing a 2% fulfillment fee for members (before, participation in the program was free). The tech giant cites the need to offset the costs of developing and managing the SFP program as the reason behind this fee implementation. In addition to the new…
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Amazon Announces Seasonal Fulfillment Fees for 2023 Holiday Season
Amazon recently shared updates regarding its Holiday Peak Fulfillment Fee for the FBA program. This annual fee will be effective from October 15, 2023, to January 14, 2024. Aiming to cover the augmented costs of fulfillment and transportation during the bustling holiday season, this fee aligns with those other leading carriers impose. Notably, the 2023…
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Etsy’s Updated Child Safety Policy
Starting September 8, 2023, Etsy is rolling out a revamped policy to boost child safety in its product listings. This initiative aims to prevent potential misinterpretation or misuse involving minors.
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Draught Limitations in Panama Canal Trigger Shipping Surcharges
Persistent drought conditions in the Panama Canal have led to severe drought restrictions, causing shipping delays and additional transit surcharges. The Evergreen ship had to offload 1,400 containers to navigate the canal. These challenges may force US importers and sellers to reevaluate their shipping strategies.
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Walmart’s Restored Premium: A New Opportunity for Marketplace Sellers
The newly unveiled Walmart Restored Premium is an enhancement of the existing Walmart Restored program, offering high-quality refurbished items to customers. Apart from offering customers “like-new” items at affordable prices, Restored Premium presents a considerable opportunity for Walmart’s Marketplace sellers.
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Overstock Officially Rebrands as Bed Bath & Beyond
In a significant move, online-only retailer Overstock has officially rebranded as Bed Bath & Beyond, following its recent purchase of Bed Bath & Beyond’s intellectual property. This merger marks a transformational moment, consolidating both companies into a single online shopping destination under the renowned Bed Bath & Beyond name. While Overstock’s acquisition did not include…
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Shopify introduces Shop’s AI-powered shopping assistant
Shopify introduced its app Shop in 2020, which enables buyers to track their packages purchased on Shopify stores and allows consumers to view product recommendations. Some experts viewed the app as Shopify’s attempt to create a marketplace. Recently, Shopify introduced a new feature for the Shop that might be the next step in this attempt.
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Etsy Sellers: Square Images Required
Etsy announced important updates to listing images based on buyer experiments (data collected in June-July 2023). Starting in early August, your listing images in the Shop Home will require a square format. This change aligns with the photo style used on other parts of the site, like market pages.
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New eligibility criteria for Walmart’s Pro Seller Badge
Walmart Marketplace has introduced changes to the Pro Seller Badge criteria. Please refer to this guide for step-by-step instructions to improve your chances of earning or retaining the Pro Seller Status. Remember to meet the new requirements by September 5th to qualify.
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An Overview of Onramp Funds: The eCommerce Lending Platform
In the dynamic world of eCommerce, businesses require financial solutions that are as agile and adaptable as they are. This is where Onramp Funds comes into play, a company that’s redefining how eCommerce businesses access and manage capital.