News

News July 27, 2022

Etsy marketplace sales down 6% year-over-year, but up 141% compared to 2019

Etsy published its Second Quarter 2022 Financial Results. The marketplace GMS (Gross Merchandise Sales) was $2.6 billion in the 2nd quarter of this year, down 6% year-over-year. However, the GMV grew by 141% since 2019, showing a long terms positive trend. The second quarter of 2022 brought also approximately 6 million new buyers to Etsy, and the company expanded internationally, with non-U.S. GMS for the Etsy marketplace now 44% of overall GMS, increasing 3% year-over-year.

News, Shopify July 20, 2022

YouTube Shopping from Shopify

Shopify sellers can now easily create live shopping experiences on YouTube and manage sales via Shopify.

News July 14, 2022

USPS Simplifies Package Shipping Options

The Postal Service announced its plans to incorporate USPS Retail Ground and Parcel Select Ground into one enhanced First-Class Package Service (FCPS) product. If approved, changes will take effect on January 8, 2023.

News July 11, 2022

eBay Open Seller Conference

eBay announced that it will hold its annual eBay Open conference on September 21-23, 2022. The event is designed to connect, educate and inspire sellers of all types and levels. This year’s event will mainly take place online, but sellers can also join eBay Open Studio, the in-person events that are happening on September 23 in New York, Austin, and Los Angeles.

GeekSeller, News July 7, 2022

Selling Bundles and Kits through 3rd party systems with GeekSeller

Based on our customers’ demand, we needed to upgrade Bundles and Kits functionality. Right now sellers can fulfill orders for bundles and kits with components listed on another marketplace or 3PL system.

News July 6, 2022

USPS increases prices, First-Class Mail goes up by 6.5%

The United States Postal Service announced its plans to raise the prices. The change will take effect on July 10. The price hike will increase the cost of First-Class Mail by 6.5%, and a Forever stamp will rise from 58 cents to 60 cents. See the table below for a complete list of changes.

News June 30, 2022

2022 Amazon Prime Day will happen on July 12 and 13

Amazon announced, that this year the famous 48-hour event kicks off July 12 at 3 a.m. EDT and runs through July 13. Sellers should review this Amazon Seller Central help page to check the eligibility criteria for Prime Exclusive Discounts and instructions on how to create them.

News June 30, 2022

Shopify will give cashback to customers for shopping in your store

Shoppers now earn 1% cashback on eligible purchases made via Shop Pay (Shopify’s payment processing system), but this cash is only redeemable in the Shop app. There is no cost to sellers, as Shopify is funding this cashback.

News June 28, 2022

USPS Retail Ground and Parcel Select Ground now delivered in 2 to 5 days

Effective Aug. 1, 2022, the United States Postal Service (USPS) will accelerate service for its Retail Ground and Parcel Select Ground products from two to eight days to two to five days within the United States (excluding Alaska and Hawaii).

Etsy marketplace sales down 6% year-over-year, but up 141% compared to 2019

YouTube Shopping from Shopify

USPS Simplifies Package Shipping Options

eBay Open Seller Conference

Selling Bundles and Kits through 3rd party systems with GeekSeller

USPS increases prices, First-Class Mail goes up by 6.5%

2022 Amazon Prime Day will happen on July 12 and 13

Shopify will give cashback to customers for shopping in your store

USPS Retail Ground and Parcel Select Ground now delivered in 2 to 5 days

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Category: News