Around the Ecommerce world in 5 mins!

Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

New Study Finds Consumers Eager To Adopt New Payment Platforms

Shoppers are eager to adopt new payment platforms that allow then to shop “at the speed of life,” according to new research from MasterCard. In the first Retail Social Listening Study, MasterCard researchers found that retailers are under increasing pressure to adopt these new technologies as shoppers are demanding more convenient and innovative ways to pay.

 

Growing power of marketplace sales shown by partnership between Amazon and the UK government

Amazon and the UK government today announced a new partnership that will encourage small and medium-sized businesses to export through Amazon’s marketplace. The move reflects the growing power of marketplaces in today’s digital economy. Amazon says the number of UK businesses that sell through its marketplace has grown by 90% over the last year.

eBay to Roll Out Seller Ad Program Before Holidays

eBay plans to open up its Promoted Listings advertising program more broadly ahead of the holiday season, according to Mark May of Citi. The revelation came in a report from the Wall Street analyst that described seven key takeaways after a recent discussion with the online marketplace.

Questions as Amazon Cracks Down on Sellers

With third-party merchants now accounting for 45% of the units sold on Amazon, the marketplace has the unenviable job of ensuring they provide good service to customers. Over the summer, Amazon has been cracking down hard on sellers, resulting in questions about the methods the marketplace is using to weed out poorly performing sellers.

Etsy provokes protests with a new step away from handmade goods

A jewelry maker who has sold her goods on the Etsy Inc. marketplace for five years says she finds it sad and disappointing that Etsy is offering to help sellers find manufacturers for their goods, a shift in direction for the e-commerce site known for its unique, handmade products. Her concerns are echoed by other sellers on online message boards.

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