EBay launches new shipping service to deliver orders faster & cheaper
Category: #retail  By Paroma Bhattacharya  Date: 2019-07-26
  • share
  • Twitter
  • Facebook
  • LinkedIn

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



About Author

Paroma Bhattacharya

Email: [email protected]   

Paroma Bhattacharya

Paroma currently works as a content developer for Algosonline, MSF and a series of alike platforms. Fortified with a post-graduation degree in Journalism and Mass Communication, she delved head long into a writing career, creating resourceful and information enriched ...

Read More

More News By Paroma Bhattacharya

Exicure reveals positive data from XCUR17 clinical trial for Psoriasis
Exicure reveals positive data from XCUR17 clinical trial for Psoriasis
By Paroma Bhattacharya

Clinical trials play a vital role in developing new treatments that could immensely improve a person’s living. Today, researchers and pharmaceutical company are working hard for making breakthroughs in psoriasis ...

Principia Biopharma reveals data from Phase 1/2 trial targeting ITP
Principia Biopharma reveals data from Phase 1/2 trial targeting ITP
By Paroma Bhattacharya

Immune thrombocytopenia (ITP) is a type of blood abnormality that creates a shortage of blood cell fragments known as platelets required for normal blood clotting. While children with ITP get cured without treatme...

Indian social commerce startup Mall91 raises $7.5M in Series A round
Indian social commerce startup Mall91 raises $7.5M in Series A round
By Paroma Bhattacharya

  • Mall91 reportedly plans on using the acquired funds for product development, boosting hiring and driving supply chain efforts, and realizing its global expansion ambitions.