![]() The AG program also addresses the challenge of providing a trackable, low-value, and cost-effective shipping solution for jewellery exports through Ebay Global Shipping (EGS) Portal. Initially, the program will cater to jewellery items with a minimum value of $500, with inventory of Indian sellers warehoused in US.īy collaborating with GIA, eBay aims to instil trust and assurance in buyers regarding the quality and authenticity of the jewellery available on its platform. However, there are plans to expand the program to other cities in India in the future. ![]() Bobby Kothari, Co-Convener, SEZ Panel, GJEPC, graced the event, and distinguished speakers included Saurabh Wadhwa, Manager of Business Development at eBay, Neha Kejriwal, Category Lead at eBay, Anand Yerramalla, Manager of Shipping at eBay, and Nitin Khandelwal, Regional Director – Jaipur, GJEPC.ĮBay’s AG program is scheduled to launch in SEEPZ, Mumbai within the next two months. The seminar, titled ‘How to sell Luxury Jewellery on eBay?’, witnessed the presence of industry experts and prominent figures. The certified pieces will then be shipped directly to buyers in the United States. To ensure the credibility of the certification process, eBay has partnered with the renowned Gemological Institute of America (GIA), which will certify the jewellery at its Carlsbad facility in California. This program, specifically designed for jewellery, will offer a guarantee of authenticity and quality for buyers. ![]() Taking advantage of the recently revised e-commerce policy, eBay plans to introduce its AG Program exclusively for Indian sellers. The initiative, which was unveiled during a seminar organised by the Gem & Jewellery Export Promotion Council (GJEPC), aims to bolster the export potential of SEEPZ and provide a reliable platform for luxury jewellery sellers. Launched in 2005 in India, eBay’s India business was acquired by Walmart-owned Flipkart in April 2017 and operated as an independent entity.In a bid to tap into the booming e-commerce market and leverage India’s jewellery industry, eBay is set to launch its Jewellery Authentication Guarantee (AG) Program in SEEPZ, Mumbai. The company reportedly has over 1 lakh registered sellers in India. “India’s newcomer rate of 58 per signifies that a notable segment of businesses in India are leveraging online marketplaces, such as eBay, to expand their customer bases and gain access to international markets,” Pavan Ponnappa, Head Categories, Acquisition & Marketing at eBay India Cross Border Trade told FE Aspire. In other words, the business should not have recorded any sales on eBay during the period between 20 and must have exceeded the sales threshold of USD 10,000 in 2020. More than half of the small businesses on eBay, in nine of its 18 markets, were newcomers in 2020, the Small Online Business Inclusive Global Trade Report said.įor small business to be considered as a newcomer eBay sees if the business satisfies the sales level requirement of USD 10,000 in 2020 and has engaged in selling on the platform for no longer than four years. ![]() New Delhi, July 3 (KNN) India is the fifth biggest market for e-commerce company eBay on the basis of small businesses selling on the marketplace as ‘newcomers’.Īccording to eBay’s new report India was ranked in the fifth position with 58% newcomer rate after Morocco (98%), Israel (68%), Japan (62%) and Malaysia (60%). EBay reports Indian market as 5th largest for ‘newcomer’ small businesses ![]()
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