Ecommerce news: Etsy Plus and eBay Payments Beta
In the news this week: Etsy has launched its new subscription Plan, Etsy Plus, and details about eBay Payments Beta.
Etsy Plus Subscription launch
The first of Etsy’s new enhanced subscription plans, Etsy Plus, is starting to become available to sellers.
An Etsy Plus subscription includes:
- 15 listing credits
- $5 of Promoted Listings credit
- A free ‘.store’ domain, or 50% off selected domain extensions like ‘.com’, ‘.net’, that will redirect to your Etsy shop.
- Restock alerts: Shoppers that find your sold out listings on Google or Pinterest will be able to sign up to receive alerts when your item is back in stock.
- Advanced shop customisation including a carousel, collage or large banner options for your shop home, and mixed grid layout for featured listings or shop sections.
- Discounts on shipping boxes and business cards.
Currently, the Etsy Plus subscription costs £7.60 ($10) per month, which is a discounted price until January 2019, when it will cost £15.10 ($20) per month.
Learn more about Etsy Plus subscriptions here.
eBay Payments Beta
eBay has started inviting sellers to register for the eBay Payments trial, starting in September 2018. eBay Payments is set to replace PayPal as the default payment option
The email inviting eBay sellers to try out the new eBay Payments includes some details of how it’s likely to work:
- Payments and invoices will be consolidated into one account
- Sellers will receive daily payouts directly to their bank account.
- All fees, including payment fees, will be on a single invoice, beta testers will also get special discounted pricing
- eBay will automatically update listings with eBay Payments as the default payment.
- Buyers will be able to pay with mobile payments such as Apple Pay
Read more about eBay Payments Beta here.
