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eBay rolls out new features on its marketplace

eBay acquires TCGPlayer, trading card marketplace, for $294 million

eBay has announced the addition of new features in its marketplace. For example, the description of the refurbished products of the refurbished program will be done “more precise” for buyers and dealers will have access to customer order data for two years.

At the end of the year 2021, eBay He launched ‘refurbished’now the company is reviewing the descriptions of the conditions of the refurbished products, with the aim of offering customers, as it asserts eBay, “a transparent and consistent quality”. Thus, in the future, the products within the program must title you ‘Excellent-refurbished’ for products that appear like new and with minimal traces of use; ‘Very good-refurbished’ for those that have a very good appearance, with light traces of use; and ‘Good-refurbished’ for those with good appearance with moderate signs of use.

Similarly, according to Internet Worldthe retailers that participate in the program will have to adapt the entrance ‘Seller Refurbished’ previously used, new policy before next March 6. At the moment, these innovations only affect commercial distributors. For their part, private sellers will be able to place the condition of their used products in the item description as they have been doing up to now.

Another innovation that has announced eBay and that also benefits the owners is a deadline extension to view and access order history and data. This period will extend from 90 days to two years. The data can be accessed through the ‘Seller Cockpit Pro’ in ‘Orders’; in My eBay or Sold.

eBay bets on luxury resale

At the end of last January, eBay announced a £7.5 million investment in cudonia platform of luxury resale which currently resells items from 4,000 brands, including Prada, Hermes, Louis Vuitton and Celine. This investment in Cudoni is part of eBay’s efforts to solidify its position as a leading second-hand luxury goods reseller. In mid-2021, the marketplace launched an authentication service for luxury handbags, and a year later, extended its authenticity guarantee service to the UK. In 2022, eBay extended its guarantee of authenticity again, but this time to include jewelry.

Likewise, by fostering their commitment to reselling, eBay opened a store in Manhattan’s Diamond District last November. He eBay Luxury Exchange now offers authentication services for sneakers, watches, bags, collectible cards and fine jewelry.

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