EBay launches new shipping service to deliver orders faster & cheaper
Category: #retail  By Pankaj Singh  Date: 2019-07-26
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EBay launches new shipping service to deliver orders faster & cheaper

Reports confirm that eBay Inc., an American multinational e-commerce corporation, has planned to introduce a service for delivering orders faster and at lower rates, being the latest effort of the company to attract more sellers and shoppers, as well as to compete against Amazon.

Apparently, eBay is looking to use the collective volume of its sellers, which is around 1.5 million packages a day in the U.S, for negotiating discounts with logistics partners for packing, warehouse space and delivery. The purpose of this move is to allow eBay merchants store inventory in warehouses across the U.S. so that products can be delivered in two or three days at cost-effective prices.

eBay supposedly plans to introduce its Managed Delivery service by next year and will operate it on behalf of merchants via its own technology platform.

Sources close to the matter informed that the company expects to pull some business away from Fulfilment by Amazon, which is presently used by some of eBay merchants. The new service will be economical than Amazon and eBay will grab the responsibility for products damaged or lost in shipping, which is presently the responsibility of the seller. eBay organized trials of the service earlier in 2019 in the U.S., Britain, and Germany.

Seemingly, David DiBartolomeo, who sells cases for tablets and smartphones and additionally bands for smart watches, also participated in the U.S. trial. It has been observed that shipping to California from New Jersey would take numerous days. Besides, postage alone to ship a watch band from New Jersey to California cost around $3.09, which doesn’t include supply and packing cost. Through the new service of eBay, DiBartolomeo can supply the watch bands faster across the country for $3.99.

According to Chief Executive of eBay, Devin Wenig, the new service will most probably attract midsize sellers looking for outsourcing their delivery operations and also brands that wish to provide options of online shopping without having to partner with Amazon, which often contends directly with brands by selling its particular versions of similar products.

 

Source Credits: https://www.latimes.com/business/story/2019-07-24/ebay-new-shipping-service-amazon



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Pankaj Singh

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Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

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