January Reseller News: eBay And Paypal
January reseller news. Let’s look at eBay and Paypal.
eBay has surprising results
eBay has had a terrific Q4 in terms of sales despite the generally depressed economy. Indeed, eBay CEO John Donahoe stated:
Europe performed well, but eBay UK is leading the way with growth accelerated and significantly outperforming the general ecommerce growth in the UK. Across the entire UK site, sold items grew 25% in Q4 and the value of all items sold was up 19%.
eBay’s Christmas deals sales were up a massive 170% from the previous quarter. The focus on must-have toys, consumer tech and fashion items along with price comparisons and generally the lowest prices available, has paid off. Fashion is also an important contributor, with eBay claiming faster than ecommerce growth in Q4. Sales of clothes, shoes and accessories were 10% above the UK market average.
Quote from Tamebay
For gadget resellers I think the important points here are that:
- Online selling is on the rise despite the bad shape of the economy
- Consumer tech is one of the popular categories pushing forwards this growth – that’s what Chinavasion supply you with!
- Low prices are important too – again, another one of Chinavasion’s hallmarks!
Of course this large increase is specifically in the UK, although Europe’s sales improved too, however I think that all gadget resellers around the world should take heart that their business seems to be recession-proof!
It’s now possible to withdraw money from Paypal and automatically put it into your bank every day! Just activate the ‘settlement withdrawal service’ and then you can click on the ‘withdraw’ tab at the top of the page to select this payment.
Hopefully with this feature there’ll be no need to wait for ages to get your hands on your hard-earned cash in the future!
As you know, it’s possible to do almost everything with your smartphone now, so it’s probably time to get on board with the Paypal app. It’s quite simple – you can pay and do everything you normally do with Paypal, but when you’re on the move! Easy!