Category: News

Lessons Learned from Bed Bath & Beyond’s Challenges

Bed Bath & Beyond, once a thriving retail powerhouse and popular home furnishings destination, is now facing bankruptcy. The company’s revenue has declined, and its stock price has fallen by nearly 70% year over year. With so much uncertainty surrounding the company’s future, many wonder how things went wrong. According to insights from retail experts cited by CBS News, Bed Bath & Beyond made three key mistakes that contributed to its decline.

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eBay Announces Expansion of Ads on Search Results Pages with Promoted Listings AdvancedBETA

eBay has expanded the real estate it devotes to ads on search results pages, creating even more opportunities for sellers to promote their listings with Promoted Listings AdvancedBETA. This expansion offers three additional premium placements on the search results page, increasing the total placements to seven. Promoted Listings Standard ads will also benefit from this change, appearing in these same Advanced slots in addition to other places on and off eBay.

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8 Expert Recommendations to Optimize Your Ecommerce Website in 2023

Baymard Institute has published a report outlining eight key ways to optimize e-commerce websites for better user experience in 2023. The report, which is based on 110,000 hours of large-scale usability testing, offers recommendations for highlighting core products and brand features on the homepage, offering supplementary pages about the brand and product attributes, and having a “Best Sellers” category. The report also suggests improving the on-site search, using high-quality product images, providing enough product information, and offering a guest checkout option.

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Donate Unwanted Products through Amazon’s FBA Donations Program

Amazon’s FBA Donations program allows sellers to donate their unwanted products to charity, including returns and overstock FBA inventory. In 2022 alone, sellers donated almost 100 million products through the program. Now, sellers who used the program can access a donation certificate through Seller Central, which reports the inventory they donated in the previous year. The certificate contains the quantity and description of the donated inventory and can be used to determine tax benefits with the help of a tax advisor.

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Walmart.com Gets a New Look for a More Engaging Shopping Experience

Walmart has launched a new design for its e-commerce platform to provide a more personalized and seamless shopping experience for customers. The revamped homepage has a more product-focused layout, with rich imagery, live videos, and a social-inspired scroll, enabling customers to browse Walmart’s massive assortment of products easily. The new design will allow suppliers and marketplace sellers to showcase their products and tell their stories better, creating more opportunities for them to grow their businesses on Walmart’s platform.

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