Marketplaces

Etsy Announces More Layoffs, Suspends Brand Marketing
June 22, 2017 at 12:40 pm

Etsy announced that it's suspending brand marketing following another round of layoffs. Reports say the e-commerce marketplace has laid off 22 percent of its workforce since December 2016. John Silverman, Etsy's new CEO, commented, "My conviction that Etsy has a unique opportunity within the e-commerce space has intensified during my initial weeks as CEO. Our vibrant community,…

Ikea to Try Selling Via Third Parties in 2018
June 9, 2017 at 10:43 am

This week, Ikea announced it's going to test selling products on websites other than its own. Reports say the move means Ikea's customer may soon be able to buy its flat-pack furniture and other home furnishings through the likes of Amazon.com or Alibaba. Torbjorn Loof, group chief executive for Ikea, said the plan is to…

Amazon Loans Sellers $1B to Boost Sales
June 8, 2017 at 10:53 am

Amazon.com has doled out more than $1 billion in small loans in the past year to help third-party sellers grow their businesses. Sellers have used the money to expand their inventory or discount items on Amazon, Peeyush Nahar, vice president for Amazon Marketplace, told CNBC. More than 20,000 small businesses have received a loan from Amazon,…

Beauty Brand InstaNatural Looks to Marketplaces for Growth
June 5, 2017 at 11:52 am

In episode 97 of Total Retail Talks, Ethelbert Williams, chief marketing officer of InstaNatural, a natural and organic beauty products brand, talks about leveraging third-party marketplaces, including Amazon.com, Jet.com, iHerb and others, for growing the business. Williams also offered his insights into how InstaNatural is using content to engage and sell to a very discerning…

Minimizing B-to-B Channel Conflict Through the Online Marketplace Model
May 10, 2017 at 9:00 am

As the retail industry continues to transform, it's no secret that all sectors are looking for ways to minimize friction and improve the customer experience. While B-to-C retailers have been working on this for the past several years, B-to-B brands and manufacturers are just now beginning to realize the importance of connecting directly with customers…

What's Next for E-Commerce Platforms in Emerging Markets
May 9, 2017 at 11:26 am

From Amazon.com to eBay, U.S. e-commerce platforms haven’t been shy about expanding internationally. As it turns out, however, they’re not the only ones interested in conducting business abroad. E-commerce platforms from the Asia-Pacific (APAC) region are unveiling expansion plans of their own and don’t show any signs of slowing down. Shortly after Coupang, the largest e-commerce…

Hackers Hit Amazon’s Third-Party Sellers in Fraud Blitz
April 11, 2017 at 11:59 am

Hackers are targeting the growing population of third-party sellers on Amazon.com, using stolen credentials to post fake deals and steal cash. In recent weeks, attackers have changed the bank-deposit information on Amazon accounts of active sellers to steal tens of thousands of dollars from each, according to several sellers and advisers. Attackers also have hacked into the…

Manufacturers Reap Benefits From Selling Direct
April 4, 2017 at 5:07 pm

Etsy announced that it’s suspending brand marketing following another round of layoffs. Reports say the e-commerce marketplace has laid off 22 percent of its workforce since December 2016. John Silverman, Etsy’s new CEO, commented, “My conviction that Etsy has a unique opportunity within the e-commerce space has intensified during my initial weeks as CEO. Our vibrant community, […]

How NetRush Manages Tax Challenges Associated With Selling on Amazon
March 27, 2017 at 9:16 am

In episode 85 of Total Retail Talks, Chris Marantette, president and chief financial officer at NetRush, a retailer and agency that partners with brands to grow and manage their products on the Amazon Marketplace, discusses the opportunities and challenges, including sales tax obligations, that come with selling on online marketplaces. In particular, Chris details how…

Out of the Ring: How Retailers Can Make Amazon a Frenemy
March 27, 2017 at 9:04 am

If you’re a boxing fan, watching Wal-Mart and Amazon.com trade punches over shipping in the last several weeks has been interesting. To smaller retailers, both giants appear to have every advantage. They might even find it refreshing to see them duke it out for a change, considering the vast majority of retailers feel like both…