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Amazon is encouraging third-party sellers to raise prices on Walmart or risk losing perks [The Verge]
Last ebay inc. earnings: 4/29 04:15 pm
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US:NASDAQ Investor Relations: investors.ebayinc.com
Amazon is encouraging third-party sellers to raise prices on Walmart or risk losing perks is indirectly causing third-party sellers to raise prices on their products if those products are listed on competing storefronts at lower prices, according to a report from Bloomb . is not going so far as to openly demand its third-party sellers raise prices, according to Bloomberg scans a merchant’s prices for listings on its Marketplace platform and compares them to that same merchant’s listings on other platforms, like Walmart and eBay. It then notifies the seller of the disparity and informs the business that it may lose promotional benefits — like a higher placement in search results, Prime shipping, and access to “buy now” buttons — due to the difference in price, which would lead to lower sales. “One or more of your offers is currently ineligible for being a featured offer on the product detail page because those items are priced higher on than at other retailers,” reads one alert sen
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