eBay is planning to take on Amazon
eBay has announced plans to launch its own fulfillment service called Managed Delivery, which will provide end-to-end packaging and deliveries to its sellers.
The e-commerce giant plans to launch Managed Delivery in the US next year using a network of third-party partners to supply warehousing, packing, and delivery services using eBay’s technology platform, reports The Verge. eBay says that its sellers send 1.5 million packages every day in the US, and Reuters reports that around 40 to 50 percent of items listed on its site will qualify to use the new plan.
The launch of Managed Delivery marks a big change for eBay, which has tended to take a hands-off approach to how sellers deliver their products. However, this approach has led to inconsistencies in its service. The new fulfillment platform should help solve this problem, but it brings eBay into much closer competition with Amazon. However, while the Seattle-based company owns and operates its own network of warehouses, eBay plans to pay third-party suppliers to provide them.
eBay says that Managed Delivery will aim to deliver packages in two to three days, and that it will simplify and lower the cost to sellers of getting products into the hands of their customers.
More Amazon news
Major shutdowns in China due to new COVID outbreaks
Multiple companies in Zhejiang province have suspended operations due to COVID-19 outbreak, halting production of goods from batteries and clothing to textile dyes and plastics. Zhejiang is one of China's biggest and busiest manufacturing hubs. The local government...
Amazon is using sellers as a cash cow
Amazon collects a third of seller revenue A new study claims that Amazon makes far more from fees on its Marketplace platform than even the cash cow known as AWS, reports TechCrunch. According to the report by the Institute for Local Self-Reliance, sellers now give...
Inflation spreads to e-commerce
A recent report by Adobe shows that e-commerce is experiencing many of the same pricing pressures in the broader economy due to supply chain problems, higher shipping and labor costs. Online prices rose 1.9% in October from a year earlier and 0.9% from the previous...
