Author: GeekSeller Editorial Team
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eBay partners with TaxAct to assist sellers with the new 1099-K threshold
Before 2022, the IRS required marketplaces to issue Form 1099-K when sellers reached 200 transactions and $20,000 in gross payments in a year. However, starting January 1, 2022, the minimum number of transactions was removed, and the threshold was changed to $600. Many more 1099-K will be issued this year, and eBay is trying to…
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Sweetwater launches Gear Exchange, a new marketplace for used equipment and instruments
Sweetwater is the largest online retailer of musical instruments and pro audio equipment in the United States. The company just opened a marketplace called the Gear Exchange, where musicians can get equipment and instruments by buying and selling used gear.
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Third-party logistics (3PL) costs breakdown
The rapidly increasing shipment costs demand changes in seller’s fulfillment strategies. Using 3PL companies might seem a good solution to cut costs and make fulfillment easier. However, with many options in the market offering different solutions, it is sometimes hard to evaluate if using third-party logistics will be really beneficial for our business. Below we…
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Shopify Plus in a nutshell
Shopify Plus plans – which are significantly more expensive – are a better fit for larger companies looking for an option to integrate with fulfillment aggregators and track analytics for omnichannel sales.
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Take your Shopify account to the next level with Shopify Flow
Shopify Flow is a workflow automation tool that enables businesses to automate their Shopify store’s order fulfillment process. It allows sellers to connect their Shopify stores to their warehouses and suppliers and automatically fulfill orders based on certain conditions that are set by the user.
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Amazon Account Health Rating will help you adhere to the marketplace policies
Amazon has just released the improved Account Health Rating (AHR) feature for sellers who need to better understand the marketplace regulations and the overall state of their account quality.
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Bluefly – A marketplace designed for luxury brands
Founded in 1998, Bluefly is the online fashion eCommerce website, offering a selection of luxury brands. The company operates with the typical marketplace model, where selected sellers offer their products. However, it is not easy to get approved to sell on Bluefly. The company keeps the number of sellers pretty small, focusing on the quality…
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Walmart Restored – you can now sell refurbished goods on Walmart.com
Walmart announced the Walmart Restored, a new program created to help customers discover refurbished products at everyday low prices. Those like-new refurbished products have their own dedicated Walmart Restored section and will be promoted across the entire site. This program is only approved for qualified sellers and specific item categories that are commonly refurbished: Audio –…
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Etsy implements a new policy to resolve disputes between buyers and sellers
Etsy announced that “starting August 1, buyers will receive a full refund for purchases on Etsy.com in the rare cases that they don’t match the item description, arrive damaged, or never arrive.” At the same time, Etsy is also planning to protect sellers and “invest at least $25 million per year into the purchase protection…
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Back-to-school trends, 2000s style is back
Many students across the U.S. will return to the classroom in person this fall. With a new (in-real-life) school year fast approaching, students and their families are already on the lookout for new gear. Google Shopping team published a post pointing out that searches for “back to school supplies” increased by 80% in the last…