Amazon FBA logistics costs soared by nearly 60%, eBay extended the authentic product guarantee program to Japan

eBay: Starting January 28 , some sellers can try out the new listing tool

On January 28, it was reported that the eBay platform released an announcement on January 28 to try to use a new listing tool .

The announcement stated that starting from the 28th, some sellers can try to use the new listing tool, which will make the sellers' listing methods more consistent on different devices. In the next few weeks, eBay will expand this option to all sellers. As long as the seller meets the necessary conditions, when creating a new listing, the seller will see the following message displayed by the system: "Try the new listing tool."

Walmart transforms offline stores into high-tech warehouses

Walmart said it will transform dozens of offline stores into high-tech warehouses. Specifically, some of Walmart's stores will be divided and others will get additional area to create small distribution centers. In small distribution centers, automated robots will complete the selection and packaging of items, and the whole process only takes a few minutes. However, the selection of fresh foods such as meat and agricultural products and larger items still needs to be done manually.

Walmart believes that the online shopping frenzy triggered by the epidemic and consumers' reliance on delivery and store pickup will last for years, and these investments will enable it to better compete with companies such as Amazon.

Amazon FBA logistics costs soared nearly 60%

Data shows that in the second and third quarters of 2020, Amazon's logistics transportation costs increased by 68% and 57% year-on-year respectively. This is mainly because Amazon increased its investment during the epidemic to meet the rapid growth of customer demand.

But even before the pandemic, shipping costs grew 36%, 46%, 43%, and 49% year-over-year from the second quarter of 2019 to the first quarter of 2020. During the same period, online store sales grew 16%, 22%, 15%, and 25% year-over-year. Therefore, Amazon's shipping costs are 20 percentage points higher than online store sales.

eBay expands authentic product guarantee program to Japan

Recently, according to foreign media reports, eBay's Authenticity Guarantee program will be expanded from the United States to Japan, and other major markets are expected to join the program this year.

Under the program, every watch sold on eBay for more than $2,000 is sent to an authentication expert, who inspects and authenticates it to ensure that the buyer is purchasing an authentic watch from the seller.

The transaction volume of fitness products on Taobao, Tmall and Xianyu platforms increased by more than 100% year-on-year

On January 29, it was reported that data showed that from January 20 to 25, the transaction volume of fitness products on Taobao, Tmall, and Xianyu increased by 968% month-on-month, and the number of transaction persons increased by 783%. Among them, the transaction volume of home fitness equipment such as home horizontal bars, skipping ropes, and fitness pedals increased by more than 100% year-on-year, and AI smart fitness mirrors became a hot commodity. In addition, on Xianyu, the transaction volume of home horizontal bars, elliptical machines, and spinning bikes increased by more than 40% year-on-year.

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