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Archive for February, 2023

Banking
February 23, 2023
By admin

Zalando increases rates for merchants

Until now, the German marketplace only charges a commission for successful sales by partners. In the past few months, marketplaces Amazon and eBay have also increased their rates for sellers. Subscription fee of 480 euros Selling through Zalando will become more expensive starting July 1st. The ecommerce giant will introduce a flat subscription fee for partner […]

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Banking
February 19, 2023
By admin

Secret Sales: 70% year-on-year growth in 2022

Online fashion marketplace Secret Sales has reached a 70 percent year-on-year growth in sales in 2022. This was largely driven by the company’s international expansion last year. It expects to maintain a growth of 85 percent this year. Growth driven by expansion After its acquisition in 2020, the outlet marketplace Secret Sales has been growing […]

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Press Release
February 19, 2023
By admin

Amazon skips wholesalers in Europe

Ecommerce giant Amazon has decided to skip wholesalers in Europe. Instead, it will focus on sourcing products from brands. By doing so, it wants to ensure low prices for consumers. The online giant has sent an email to European vendors saying that it will focus on sourcing products from brand owners directly. According to the […]

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Press Release
February 18, 2023
By admin

CartFox launches post-purchase SMS feature

Slovenia-based startup CartFox is launching a new feature: post-purchase SMSes. The company offers automated abandoned cart text messages to online retailers. With the new function, sellers can give customers additional discounts after placing an order. ROI of 4500% or more CartFox was founded last year and offers an automated abandoned cart text messaging solution. While the […]

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Finance
February 18, 2023
By admin

EU implements Digital Services Act

The European Union is implementing the Digital Services Act and the Digital Market Act, which impact online marketplaces and social media platforms. This package of rules will create a safer digital space for users and fight rogue sellers. Earlier this year, the EU implemented a new law stating that online marketplaces need to report sales made on […]

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Finance
February 17, 2023
By admin

Ecommerce in France worth €147 billion in 2022

Last year, French ecommerce generated 146.9 billion euros in online sales of products and services. This is a growth of 13.8 percent when compared to 2021. The growth is mostly caused by the online service sector sales, as products sales fell 7 percent. Ecommerce in France is not slowing down, as shown by a 13.8 percent […]

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Banking
February 10, 2023
By admin

BeCommerce and SafeShops will merge

Belgian ecommerce associations BeCommerce and SafeShops.be have announced a merger today. The new organization focuses on boosting Belgian ecommerce. Greet Dekocker, who assumes day-to-day management of the new association, informed Ecommerce News by phone that the new name and branding are still being developed. Both BeCommerce and SafeShops.be are organizations that aim to increase consumer […]

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Press Release
February 9, 2023
By admin

Maxeda DIY Group launches marketplace

The Benelux-based Maxeda DIY Group, a group of DIY retailers, is launching its own marketplace. It is the first DIY marketplace within the Benelux. At the launch, the marketplace already offers 10,000 new products on top of the current product assortment. The Maxeda DIY Group consists of Brico, BricoPlanit and Praxis, which are DIY stores […]

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Finance
February 5, 2023
By admin

Google Shopping less popular in Germany

Costumer behavior in Germany is shifting. Google Shopping and price comparison sites are 10 percent less popular compared to 2019. When it comes to shoppers’ research before making a purchase, social media and video websites like YouTube have grown more popular among German shoppers. The data comes from the Statista Global Consumer Outlook. A previous study […]

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