eBay this week launched a horde of new seller tools that plan to assist online vendors better supervise their business, comprising Managed Delivery. It is an upcoming logistics, shipping, and fulfillment service that is meant to offer merchants access to two-day and next day delivery times.
The complexity and cost of shipping is seen as a challenge for many vendors, but with this supervised fulfillment service, eBay claimed it will be capable of offering high-volume sellers shorter delivery windows and low-priced shipping for their clients.
Similar to the fulfillment network by Amazon, eBay aims to use warehouses tactically situated all over the nation as a method to bring inventory nearer to clients and lower delivery prices.
On the other hand, eBay claimed that it is not developing out its own fulfillment centers. Rather, sellers will pack, store, and ship their goods via 3rd-party logistics associates supervised by eBay. Maybe more essentially, eBay claimed that the service will be accessible to vendors employing any online marketplace and platform, recommending that eBay has got a broader income plan over the long term for the service.
“A common request we listen to from our high-velocity vendors is to assist make high-volume items’ delivery fast and easy,” claimed Devin Wenig, eBay CEO, to the media in an interview.
On a related note, eBay earlier clocked Q2 financial results in a row this week and claimed that it is looking into the value of its Classifieds and StubHub businesses in the middle of speculations of a possible sale. The California-based corporation clocked Q2 net revenue of $403 Million, or 46 cents for each share. Non-GAAP profits were 68 cents for every share with income at $2.7 Billion. Industry experts were expecting for profits of 62 cents for every share on income of $2.68 Billion.