Secondhand Market Booms As Retail Giants Compete for Share

Secondhand Market Booms As Retail Giants Compete for Share

Giants like eBay are re-entering or entering the second-hand market, driven by market share, environmental concerns, and potential. Profitability remains a key challenge, requiring clear market positioning, improved quality, and enhanced user experience. The resurgence highlights the growing importance of circular economy principles and the increasing consumer demand for sustainable options. Success hinges on overcoming logistical hurdles and building trust in the quality and authenticity of pre-owned goods. The future of the second-hand market looks promising, but requires innovation and strategic adaptation to thrive.

Major Ecommerce Firms Compete in Growing Secondhand Market

Major Ecommerce Firms Compete in Growing Secondhand Market

E-commerce giants are increasingly investing in the secondhand market, signaling the rise of sustainable consumption. eBay is reshaping its core business, and fast-fashion brands like SHEIN and Zara are also entering the space. The markets for secondhand apparel, sneakers, and furniture show significant potential, but profitability remains a challenge. Cross-border sellers should seize this opportunity by selecting appropriate product categories, establishing reliable supply chains, providing professional services, and embracing sustainable development principles. The secondhand market presents a promising avenue for growth within the evolving e-commerce landscape.

Global Shipping Taxes Who Bears the Cost

Global Shipping Taxes Who Bears the Cost

Who bears the cost of international express taxes and duties? By default, it's the recipient. Under DDP (Delivered Duty Paid) terms, the sender can bear the responsibility. Contracts can stipulate cost-sharing or third-party payment. Pay attention to trade terms, compliance risks, and cost accounting to ensure smooth cross-border trade. Understanding Incoterms like DDP, CIF, and FOB is crucial for determining liability. Accurate cost estimation and adherence to regulations are essential for avoiding unexpected charges and delays.

Guide to Canadian Sales Tax for Crossborder Ecommerce

Guide to Canadian Sales Tax for Crossborder Ecommerce

This article provides an in-depth analysis of Value Added Tax (GST, HST, PST) policies for offshore companies in Canada. It focuses on Amazon's collection and remittance rules, explaining the tax obligations of cross-border sellers, types of tax registration, bond requirements, and filing procedures. It also provides information on tax payment methods. This guide aims to help cross-border e-commerce sellers operate in compliance and minimize tax risks in the Canadian market.