EBay is launching a service to deliver orders more quickly and cheaply, the company’s latest effort to be more appealing to shoppers and sellers as well as compete with Amazon.
EBay isn’t planning to build its own warehouse network like Amazon. Instead, it will use the collective volume of its sellers -- about 1.5 million packages a day in the U.S. -- to negotiate discounts with logistics partners it declined to name for warehouse space, packing and delivery. The goal is to let EBay merchants store inventory in warehouses around the U.S. so products can be delivered in two or three days at competitive rates.
“We’re offering our millions of sellers a value proposition no one else can,” said Chief Executive Officer Devin Wenig. “We’ll rapidly win market share overseeing delivery of our own orders.”The service is the latest piece of Wenig’s turnaround strategy. He became CEO in 2015 following its split with PayPal and is under pressure from activist investors to spur sluggish growth. EBay has more than 180 million shoppers globally who spend about $100 billion annually on the marketplace.
David DiBartolomeo, who sells cases for smartphones and tablets as well as bands for smartwatches, participated in the U.S. trial. He had been running his business from the basement and garage of his New Jersey home and was running out of space to expand to meet demand. He and his wife packed orders themselves and shipped them all from New Jersey via the United States Postal Service or United Parcel Service.Shipping to California from New Jersey would take several days.
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