蘑菇AV

But the last quarter was not without difficulties: eBay announced it will stop accepting Amex cards in Q3, alleging the network charges 鈥渦nacceptably high fees.鈥� While this likely won鈥檛 have a significant impact on Amex鈥檚 volume, it reflects the larger threats the company faces amid the swipe fee battle.

Retail media will make huge gains this year in Canada. Our first-ever forecast for retail media ad spending in Canada and our joint survey of ad buyers (conducted with IAB Canada) highlight the latest developments.

Rising costs of selling on Amazon are pushing sellers to look elsewhere with Facebook, Walmart, and eBay among their top choices. Retail media ambitions also fuel marketplace expansion. Retail media will continue to be the fastest-growing segment of digital advertising in the coming years.

That will change in 2024 when Amazon sales are expected to grow 11.7%鈥攅xceeding the US average of 10.5%鈥攎arking significant gains for a company of its size. eBay is set for the steepest decline. The company鈥檚 US ecommerce sales declined significantly in 2022鈥攂y 11.5%鈥攁nd we expect that drop to continue.

The peer-to-peer (P2P) model is the most popular for online recommerce and allows buyers and sellers to connect easily at a relatively low cost to the operator. eBay still maintains a commanding lead when it comes to recommerce.

I think a lot of gen AI search is meant to optimize the long tail, which is really useful for Google, but also eBay, ThredUp, a lot of marketplaces that have a really, really large consideration set of products. I think you're right. An Alo Yoga might not necessarily, something with smaller inventory, might not necessarily be great for hammering down those exact sort of product specifications.

But in 2023, three very different retailers鈥擶almart, Instacart, and eBay鈥攚ill each generate more than $1 billion in ad revenue. But the rising tide is lifting the bigger boats higher. In 2019, retail media ad spending on all retailers besides Amazon, Walmart, eBay, Instacart, or Etsy accounted for 16.8% of US retail media ad spending.

Nearly as many (35%) said they would expand to Shopify, 33% plan to expand to eBay, 22% to Etsy, and 20% to TikTok Shop. When it comes to the dollars, Amazon can鈥檛 be beat. Amazon will rake in $326.35 billion in retail marketplace ecommerce sales this year, over nine times more than the next largest marketplace, eBay ($35.02 billion), per our November 2023 forecast.

Organize: eBay Ads allows sellers to sift through thousands of their listings using natural language chat functionality, said Alex Kazim, vice president and general manager of global advertising at eBay.

Our US Fashion Online Resale Platform Sales forecast, featured in our new US Online Fashion Resale report, expects sales to reach nearly $24 billion by 2026, but, unlike thredUP鈥檚 forecast, excludes general marketplaces like eBay and Facebook Marketplace.

It excludes purchases via online marketplaces (e.g., craigslist, eBay) or social media (e.g., Facebook Marketplace). Examples of online fashion resale platforms include Depop, Poshmark, StockX, The RealReal, and thredUP.

The average Temu user spent 18 minutes per day on the company鈥檚 app in Q2, nearly double the 10 minutes they spent on Amazon and 11 minutes on AliExpress and eBay. The discrepancy between Temu and its competitors is even more pronounced among younger consumers who spend an average of 19 minutes a day on the platform, far outpacing Amazon, which was its closest competitor at 11 minutes.

It can also handle delivery for products sold on other marketplaces, such as eBay, or sellers' own websites. The context: The service leverages Amazon鈥檚 massive, rapidly evolving fulfillment network to unlock a lucrative revenue stream. When ecommerce sales boomed early in the pandemic, Amazon responded by rapidly expanding its logistics footprint.

We expect US retail media spending to grow 25.8% next year to $51.36 billion, although the bulk of those funds will be concentrated among a handful of retail media networks (Amazon, Walmart, Instacart, and eBay). This article originally appeared in Insider Intelligence's Retail & Ecommerce Briefing鈥攁 daily recap of top stories reshaping the retail industry.

Some 64% of US adult secondhand shoppers have used eBay, according to November 2022 Morning Consult data. That鈥檚 no surprise, considering eBay is the fourth-largest retail ecommerce company by sales volume in the US, per our forecast. Facebook Marketplace is also used by more than half of these shoppers. Marketplace is what makes Facebook a leader in social commerce, which isn鈥檛 all good for Meta.

Visits to ecommerce sites in Western countries tend to be more mission-driven, making the adoption of live shopping more challenging鈥攂ut platforms like TikTok, Poshmark, and eBay are trying to change that. The US leads the pack in livestreaming commerce participation among Western nations.

By May 2023, Temu鈥檚 US online traffic ranked it as the fourth-most-visited retailer, per Comscore data, after Amazon, Walmart, and eBay. Shein seeks expansion beyond its brand鈥檚 fast-fashion dominance. Shein is betting future growth will come from partnerships with more brands, such as its recent investment in Forever 21 to design, produce, and sell apparel for the label.

Note: Examples of websites or apps primarily engaged in retail ecommerce include Amazon, Walmart, and eBay; examples of retail media networks include Amazon's DSP and Etsy's Offsite Ads.