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The Wholesale Forums

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eBay Q2 2014 results... growth but not success in 'tough quarter'.. There was a lot of noise yesterday when eBay results were released showing that their Q2 earnings exhibited growth - 13% up year on year. The marketplace revenue was at its 2nd highest since Jan 2013... (highest was Q4 2013) and alot of emphasis was placed on improvement and growth. But, it didn't go unnoticed that their Q3 outlook was relatively weak ($4.4 billion), and the shares were volatile over the day. 

It's easy for the noise around growth to be reported as a 'positive' story as it makes for easy headlines, and it is impressive that despite the epic fail of the cyber attacks the stocks ended higher after earnings were announced. However, some of the headline of 'exceeded expectations' isn't exactly accurate... the revenue were $4.37 billion for the quarter, but following the security issues, even Wall Street worried they had forecast revenue of $4.38 billion, which was then missed. The Marketplaces revenue although still growing at 9% actually slowed from 10% growth in Q1 and 12% growth in Q4 2013.

eBay cited the cyber attacks as impacting their business results... but also changes in Google algorithm which pushed them down the search results, and their very public fight with investor Carl Icahn (which imo although they focus on it alot the analysts care more about than the average customer). You just have to look at the fact that pre-hackgate announcement mid-April eBay shares were at 55.62... and although they seem to have recovered from the June low of 48.14, they are still only reached a high of 51.18 yesterday. 

So, what do they say they're doing about the marketplace? According to the Q&A & reports... they are focusing on:- tablets and mobile accessibility and usability; improving cross-border trade volumes; using data to improve product targetting; continue to focus on good products via top retailers; increasing profits by mobile ads; coupons; seller incentives and increased marketing. 
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The Wholesale Forums

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+Royal Mail has changed their price and lowered it to ensure that they provide the lowest price in the market. They have recently introduced their new Small Parcel size to their customers. Are you going to give this the thumbs up?
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Google has produced a lot of product and tools for people and businesses. One of those is Google Earth. We have an on-going discussion about how TWF members are using Google Earth here: http://www.thewholesaleforums.co.uk/threads/why-do-you-use-google-earth.199680/

How about you? Why do you use Google Earth?
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What are the things you’re considering when you decided to partner with a logistic company for your online business? If you’re just starting to think about partnering with one, Priscilla Chung of +3P Logistics  shares 4 things to take into account for your new order fulfilment partner.
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"My advice to new sellers is simple. Find a niche market - preferably a niche market which you are knowledgeable about. It also helps to stick to products where your mark-ups are 15% or more." - willhof, TWF member
 
#TWFQuote  
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You don't necessarily have to like the market you are in, but it is essential that you understand it and are knowledgeable.
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The Communication Workers Union has recently announced that there will be a national post strike against +Royal Mail on 4 November. Please be reminded so it won’t affect your business operations.
Aside from Royal Mail, what else are you using to ship items to their respective buyers? We’d like to know your recommendations so other TWF members can have another option.
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The Wholesale Forums

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We are giving away TWF shirts, pens, mugs and notepads once again! It’s really simple to join, just answer our weekly question on Facebook.

Read more about the mechanics here: http://www.thewholesaleforums.co.uk/threads/twf-quote-giveaway-4-30-november.200305/ 
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Do you want to know what your employees are doing when they are away from your office? +Abbie Hughes shares 6 important things you should consider on why monitoring your employees outside your office is crucial for your business.
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Are you a chocolate lover? Our member, Korra, is definitely a chocoholic and he’s planning to import a large amount of chocolates from Mauritius. What do you think are the taxes he has to pay for this, if there’s any?
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Have you listed an item on +eBay lately? Andy Lawrence of +Wholesale-Help.com shares how listing an item for sale consistently can help you get more product views and more sales through this wonderful how-to video.

You can also view the summary at the #TWFBlog here: http://www.thewholesaleforums.co.uk/blog/keep-listing-ebay-items-consistently/
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Are you feeling discouraged lately? We all go through a phase where we’re not motivated to do anything but +Amanda O'Brien said, “Never give up!”
                                               
Read this article from Amanda at TWF and see some light with what you’re feeling right now. We say, “Go on. You can do it!”

#ThrowbackThursday
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Everybody wants to make money online. From selling stuff on +eBay or +Amazon.com to eBooks and services.
 
TWF member, Andy777, shares eCommerce Magnates. It’s a video course on how to build, manage and promote a successful online shop. Check this now and see how to run your online business smoothly and victoriously.
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Have them in circles
348 people
Pinblu's profile photo
No Worry Web's profile photo
Daniel Czerwinski's profile photo
lee chen's profile photo
Viva Markets's profile photo
Donut Business Advice's profile photo
Alexandr Martynov's profile photo
James Day's profile photo
ikram Itani's profile photo
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UK's leading networking community and advice forum for buyers and suppliers – thewholesaleforums.co.uk
Introduction
Founded in July 2004, The Wholesale Forums is firmly established as the UK’s leading networking community & advice forum for trade buyers and suppliers serving over 100,000 businesses across Europe. 

The community features free advice forums for support on business start-up, sourcing products, buying from suppliers, avoiding scams and a whole lot more. A marketplace for sourcing wholesale stock is also featured, helping you buy from over 500 recognised suppliers across the globe.