Following the success of Walmart Fulfillment Services (WFS) in the US, Walmart has expanded it to its Canadian sellers. Launched as a pilot in February 2023, it’s now open to everyone. In this post, we’ll discuss its benefits, requirements, and application process.
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In a significant move for e-commerce, Shopify and Amazon have unveiled the ‘Buy with Prime’ app. This feature allows Amazon sellers to market their products on personal websites while still granting customers the beloved Amazon Prime perks, including quick shipping and hassle-free returns.
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During the recently concluded Seller Summit, Walmart unveiled its ambitious plans to expand its Marketplace to Chile. This strategic move aims to offer cross-border sellers an avenue to reach a fresh market and is a testament to Walmart’s continuous drive for global expansion and outreach.
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FedEx has announced that it will increase its shipping rates by 5.9% for 2024, effective January 1, 2024. This rate hike will impact sellers, especially on platforms like eBay and Etsy, as they will have to pay increased costs for 2023 holiday returns and might also see commissions rise due to increased shipping fees. Notably, this rate increase is slightly less than in previous years, where the annual increases were around 6.9%.
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Navigating the realm of inventory management just got a whole lot easier. Introducing GeekSeller’s Advanced Low Stock Alerts – our latest addition designed to keep you on top of your stock game.
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Visa and Mastercard are set to raise the interchange fees on credit card transactions. As reported by the Wall Street Journal, these hikes, particularly affecting online purchases, are scheduled to commence in October and April.
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Eligible sellers receive email notifications inviting them to explore the new Search Engine Marketing (SEM) tab on the Growth Opportunities dashboard within Seller Center. This feature enables you to create campaigns that promote your Walmart listings on Google search results using Shopping Ads.
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Big news for TikTok sellers! Starting September 12, 2023, TikTok’s old ‘Storefront’ will be gone, replaced by the sleeker ‘TikTok Shop’. This new feature offers easy in-app shopping with cool tools like shoppable videos. If you’re selling on TikTok, act fast! Register for TikTok Shop, and manually move your products over from Storefront. Don’t wait – the deadline’s approaching!
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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 fee, Amazon has announced that it will reopen new seller enrollment for the SFP program in the US on October 1, 2023.
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