Ebay Faces GMV and Buyer Decline Amid Market Challenges

Ebay Faces GMV and Buyer Decline Amid Market Challenges

eBay's Q1 GMV decreased by 20% year-over-year, with a decline in active buyers. Faced with declining revenue, eBay is focusing on high-priced items and reducing promotional spending. The company aims to reshape its growth engine through platform optimization, focusing on high-value goods, and developing its advertising business. Whether eBay can successfully transform and return to a growth trajectory remains to be seen and warrants continued attention. The company is hoping these changes will help combat the challenges it is currently facing.

Amazon Launches Shoppable Shortform Video Platform Inspire

Amazon Launches Shoppable Shortform Video Platform Inspire

Amazon Inspire is a short-form video and photo shopping platform designed to provide users with a new shopping experience through personalized recommendations and convenient interaction. Users can browse short videos and photos to gain shopping inspiration and directly purchase related products on Amazon. Inspire is currently only available on the Amazon mobile app and is in its early stages, but its potential should not be underestimated. It aims to revolutionize how users discover and purchase products by leveraging the engaging nature of short-form content.

Douyin Ecommerce Key Steps for New Sellers to Succeed

Douyin Ecommerce Key Steps for New Sellers to Succeed

This article details three essential tasks for new Douyin Shop owners: paying the deposit, activating all payment methods, and binding the official shop account. These three things are crucial for the normal operation of the store. The article provides detailed operational steps and precautions to help new merchants successfully start their Douyin Shop journey. It covers the necessary procedures to ensure the shop is properly set up and ready for business, guiding newcomers through the initial stages of launching their online store on Douyin.

Ecommerce Growth Drives Multistore Strategy Adoption

Ecommerce Growth Drives Multistore Strategy Adoption

This article delves into the operational strategies of the 'website network' model for independent websites, covering aspects such as website building, optimization, product selection, and advertising. It explores how to optimize landing pages using tools like ShopOem and how to achieve cost reduction and efficiency improvement through hierarchical management. The article aims to provide e-commerce sellers with more comprehensive guidance on operating a 'website network' model. It focuses on leveraging multiple interconnected independent sites to expand reach and sales, while streamlining operations for maximum profitability.

Tiktok Shop Expands Monetization Tools for Creators

Tiktok Shop Expands Monetization Tools for Creators

This article delves into TikTok's in-app shopping cart (Yellow Cart) model, detailing commission sources, withdrawal processes, and key considerations. It offers risk mitigation strategies and alternative solutions to help Chinese influencers safely and efficiently monetize TikTok traffic and tap into overseas markets. The analysis covers practical aspects of earning through TikTok sales, ensuring a smooth and compliant experience for creators looking to leverage the platform for cross-border e-commerce success. It provides actionable advice for navigating the complexities of international transactions and maximizing revenue potential.

Ebay Expands Global Sales Opportunities for Sellers

Ebay Expands Global Sales Opportunities for Sellers

This article provides a detailed interpretation of the admission requirements and operational strategies for selling cross-border on eBay, helping sellers unlock the global market. It covers key aspects such as account requirements, credit rating, transaction experience, product category restrictions, logistics service capabilities, and payment method settings. The article emphasizes the importance of compliant operation and refined management, providing valuable references for sellers looking to expand their business internationally through the eBay platform. It offers practical guidance for navigating the complexities of cross-border e-commerce.

WCO Upgrades Gender Equality Tool for Customs Agencies

WCO Upgrades Gender Equality Tool for Customs Agencies

The World Customs Organization (WCO) has released an updated Gender Equality Organizational Assessment Tool (GEOAT) to assist member customs and tax administrations in assessing the integration of gender equality and diversity within their internal policies, practices, and external relations. The 2023 update focuses on security, action, and user experience. It includes a new security and safety chapter, strengthens action-oriented templates, and optimizes user experience design. This aims to promote gender equality within the customs domain and improve organizational performance through a more inclusive and equitable environment.

Bolivia Customs Boosts Trade with Strategic Workshop

Bolivia Customs Boosts Trade with Strategic Workshop

The WCO held a workshop in Bolivia to help its customs enhance organizational transformation capabilities, implement a new strategic plan, and promote trade facilitation and sustainable development. The workshop aimed to strengthen Bolivia's customs administration by focusing on modernizing its operations and aligning them with international best practices. This initiative is expected to improve efficiency, transparency, and compliance, ultimately contributing to economic growth and regional integration. The WCO's support underscores its commitment to assisting member countries in achieving their development goals through effective customs management.

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

Cambodia Boosts Customs Valuation Skills with WCO Japan Aid

The World Customs Organization (WCO) supported a customs valuation workshop in Cambodia to enhance the valuation capabilities of officers from the General Department of Customs and Excise of Cambodia (GDCE). The workshop covered the WTO Valuation Agreement, key technical issues, and valuation control measures, sharing case studies and experiences. Through this workshop, Cambodian Customs is expected to improve revenue collection, promote trade facilitation, and inject new vitality into the national economic development. The focus was on practical application and knowledge transfer to improve valuation accuracy and efficiency.

Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

Uzbekistan Enhances Trade Via WTO Pact with SECOWCO Backing

The SECO-WCO Global Trade Facilitation Programme continues to support Uzbekistan in implementing the WTO's Trade Facilitation Agreement. Through workshops and other initiatives, the program focuses on key areas such as advance rulings, risk management, and cooperation between border agencies. Uzbekistan is actively responding, dedicating efforts to process optimization and capacity building to improve trade efficiency and integrate into the global economy. The country aims to streamline procedures and enhance its capabilities to facilitate smoother and faster trade flows, ultimately boosting its economic competitiveness.