Relentless Simplicity - The Bonanza Blog

Welcome to the Bonanza Blog! Find all the latest news about our online marketplace, with information about getting the most out of selling online and effectively managing your online shop.

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12th Anniversary Recap

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Wow, what a week! We just wrapped up 7 days of celebrating Bonanza's 12th Anniversary yesterday and we wanted to thank everyone who participated and took the time to send well-wishes. We truly do appreciate our amazing, loyal sellers, and we're always striving to help your business thrive.

Annual Membership Sale

A big welcome to all the sellers who purchased a new annual membership during our 25% off sale this past week. Be sure to take a look at your account's Seller Checklist to take advantage of the sales-boosting tools and benefits your membership provides.

The Seller Checklist is a useful, free resource available in all seller accounts that cleverly updates to match the benefits associated with your current membership level. To view your own checklist, click on "Selling" in the top left corner of the page to land on your Selling Dashboard. The checklist will be on the left under the toolbox menu. Click on the green button that reads "View Benefits". If you have any questions about your new membership, our award-winning support team is here to help.

Raffle Winners

We also celebrated our community by hosting a raffle in last week's blog. We asked our... (continued)


12th Anniversary Celebration

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Happy 12th birthday Bonanza! Beginning as a scrappy start-up in 2008, we're now 12 and are so proud of what we've accomplished with our community in making Bonanza your seller-centric online marketplace. We believe that over the years we've shown our true colors. You said it best in last year's raffle contest in which readers were asked to post One word to describe Bonanza in our comment section.

  • Dedicated
  • Diverse
  • Satisfying
  • Opportunity
  • Extraordinary
  • Easy
  • Economical
  • Flexible
  • Friendly
  • Community
  • Reliable

We're blushing, but we also remain 100% committed to living up to those kind words. And now, we have a variety of ways to celebrate with you!

12th Annual Membership Sale

Save big on a membership PLUS increase your sales!

Save an additional 25% off annual Gold, Platinum, and Titan membership subscriptions, now through June 28th.

Sign up now to save on membership-only features designed for professional sellers like you. With no contracts required, what do you have to lose? Don’t miss this opportunity for huge savings on a membership that will benefit your business all year long.

  • Access to live support chat (Silver, Gold, Platinum, Titan)
  • Apply discounts as visible markdowns (Gold, Platinum, Titan)
  • Appear in sponsored listing results when... (continued)


Q3/Q4 Priorities

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Hello all, Greg here again! It continues to amaze me at how quickly time flies! It seems like only a few weeks ago when I communicated my learnings and insights as I hit the 90-day threshold here at Bonanza. Now that we're approaching mid-June, I wanted to tell you about some of the improvement opportunities that we have scheduled to work on for the second half of the year.

Our core focus areas in our third and fourth quarters are:

  • Compliance & Fraud Reduction
  • Revenue & Efficiency
  • Community

Here's our roadmap:

  1. Utilize our new Seller Advisory Panel to provide critical insights & guidance on multiple levels of our business and to bring a voice into the development of upcoming strategic planning.
  2. Develop additional payment methods to give our sellers and buyers more choices.
  3. Develop advanced dashboards that assist our Loss/Risk Prevention team in providing additional safeguarding methods to protect our marketplace from unsavory sellers and their negative impact on our business reputation.
  4. Continue to evolve our system to ensure tax compliance for all sellers.
  5. Celebrate BONANZA's 12th ANNIVERSARY (June 22 - June 29) with contests and prizes! Keep an eye out for next week's blog post with more details.
  6. You've... (continued)


Welcome our Seller Advisory Panel!

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In January, when I started with Bonanza, the dire need to resuscitate our passionate seller community to be at the core of our foundation quickly resonated with me. This idea of increased seller engagement that will sustainably guide us towards long term success became paramount with fraud reduction and compliance for our company. The first task was appointing Shelly Breuer as our Seller Happiness Manager to develop our plan - and thus our Seller Advisory Panel was born. As promised in this blog, we have created the Panel, and I am excited to introduce our inaugural new members!

We received a mind-blowing number of applications, and it was so inspiring to see all the sellers willing to help us to develop a best in class value proposition where we can clearly and quantitatively demonstrate that we are the most seller-centric marketplace in the industry. A special message to the hundreds of sellers who took the time to apply and desired to play an active role in helping guide Bonanza to be "back on top:" We say, "thank you, and please do not let this curb your Bonanza enthusiasm! There will be other opportunities for you to get involved. We... (continued)


Fixing Google Shopping Ad Feed Errors

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Lately, I've been talking about Search Engine Optimization and I know you've been busy adding traits and editing titles and descriptions for your listings. You've probably already watched our SEO video with all our tips and tricks. I wanted to follow-up with one of the biggest frustrations our sellers have in getting eyes on their products - Google Shopping disapprovals. Most sellers on Bonanza have at some point received an email from us letting them know that they have some items that are not being advertised because Google Shopping has disapproved the listings. While we try to be as transparent as possible in helping you identify the error, Google Shopping does not always provide a detailed reason.

I work with Google Shopping on a daily basis to get seller's listings approved and advertised. It can be a challenge! I wanted to list some of the error messages they return, that we pass on to you, so you can understand what the error is and fix the listings to get them approved.

How to check for errors

We send a feed of all your listings to Google Shopping. We update that feed every time you make a change to... (continued)


Sharing Great Finds While Gaining Views

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With a job title like mine ~ Seller Happiness Manager, you know that I love working at Bonanza. Helping sellers build their business with unique tools like the Marketing Campaigns mentioned in this blog post is fun and rewarding. I also enjoy shopping at Bonanza. It can be like a treasure hunt, and I’ve found and purchased a lot of really cool stuff over the years. I’ve also found some great deals on staples, which for me would be gardening gloves and sunscreen.

It’s fun to share my finds with friends and family, but we’ve got a tool on Bonanza that lets you share with everyone! And if you are a seller, it might be an item in your own booth. It’s called a Hand-Picked List (HPL), and you can see them on Bonanza’s homepage, on the “Shop by > Hand-Picked Lists” page, and on the profile page of the seller who created the list. 

Let’s help each other out

As a seller, having an item in a Hand-Picked List can be great advertising, especially if it makes it to the homepage. By creating an HPL, you can gain exposure for your own listings, and help some... (continued)


Meet Bonanza's Support Team

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Hello Bonanza Community! Jackson here, reaching out on behalf of our amazing Support Team at Bonanza. The first thing we want to say is “thank you!” Thank you for being a huge part of what makes Bonanza the most unique, community-focused, and friendliest marketplace online. Thank you for recognizing this team as the best Support Team in e-commerce. We were (and remain) “over the moon” after seeing those results. While we are proud of your feedback, we understand that we have a long way to go to better care for your businesses.  You are the lifeblood of this company, and we're lucky to be able to work with you each and every day.  

For those of you we haven’t met yet, I’d like to tell you a little about our team!  First of all, contrary to some claims out there - we have no robots.  In fact, we have a dedicated team of breathing, thinking, and caring agents ready to offer our expertise when called upon. Our agents all manage booths on Bonanza and we enjoy purchasing from our sellers through a process called “dogfooding”. Our agents have an average of over 3.5 years of experience with... (continued)


Build Free Repeat Business with the Customer Marketing Tool

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Since Greg listed all of the methods we offer so that sellers can get free sales last week, I wanted to follow up on one of them, the Customer Marketing Tool. Bonanza has always placed emphasis on building a marketplace focused on the needs of sellers, and the goal of creating this tool was to give sellers the opportunity to encourage repeat buyers. You can use the Customer Marketing Tool to send coupon promotions directly to your customers, creating a personal relationship, and repeat sales. It sounds like it might be an expensive program to add to your booth, but it is the opposite. Not only is it free to use, but sales generated through this tool are free of final value fees. We waive our transaction commission fee to make it more comfortable for you to offer the discount. This is a clear win for sellers!

Where is it?

To get to the Customer Marketing Tool, click on the "Selling" link in the upper left-hand corner of any page. On the left side of your "Selling" dashboard is a navigation menu. Click on the "Customers" tab, then click on the "Marketing coupons" tab to access your Customer Marketing... (continued)


How to Sell for FREE on Bonanza!

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Hello Bonanzlers, Bonanza Greg here!  Still being relatively new to Bonanza, I wanted to share with you something I just learned (but some of you are already well aware of). As I do every day, I look through our daily sales transactions; scouring for trends, issues, and opportunities that could benefit our sellers. “What did you find that was so exciting that it prompted a blog post?” you ask. Well, I saw a terrific order from one of our veteran sellers which totaled $300 for 14 unique items. What astonished me, was that the Final Value Fee (commission fee) for the total order was 0, zip, zilch, nil, nada, zero!

Seeing this, I wanted to learn more and understand a couple of things:  

  1. Is this right? How could this be?
  2. If this is right, then are there other activities, policies, and tools that our selling community could leverage on a daily basis to make commission-free sales?

So I did what any other business leader would do. First, I validated with our team that sellers cansell without paying any commissions. Then, I held a Bonanza team member contest to find out who knew of the most methods for commission-free... (continued)


Join the Bonanza Seller Advisory Panel

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Hey, Bonanzlers! You may have noticed we've had some exciting updates on our blog lately. One of them is the addition of a new payment processor for all our sellers, Stripe. This was one of the top three requests we received from you, our seller community, and we're so excited that we made it happen. As always, if you experience any issues with this feature, please let us know at support@bonanza.com.

We value your feedback because experience has proven to us that listening to our sellers’feedback is the best opportunity we have to consistently improve our product. That’s why we’ve streamlined communication in a multitude of ways. We have a dedicated feedback site, conduct regular surveys, and take other no-nonsense measures to ensure we build the features you need without wasting time on the features you don’t. It’s no coincidence that the tools we offer can be customized to fit our sellers’ needs!

Join our Seller Advisory Panel

Now we have another way to work with our sellers to develop a best in class value proposition for you. We are creating a new Seller Advisory Panel and we are looking for sellers who would like to participate.... (continued)


eCommerce Tax Preparation

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Given all that is going on in the world and with businesses right now, the absolute last thing most of us want to take the time to prepare and review, let alone think about, is taxes. All across the eCommerce landscape, small businesses are trying to navigate the tax complexities that have been dumped on our front doors. As a small business built to support small businesses, our team at Bonanza understands. From figuring out tax automation in order to comply with state Marketplace Facilitator responsibilities to the processes that require an online business to find and print tax forms, we’ve been there. Because we’re not tax experts, we elected to interview several that are to assist us. Just like the story of the 3 Bears, some felt “too big”, some felt “too new” and then we found one that was “just right” for us. We think they could be "just right" for you too!

We elected to partner with TaxCloud for our small business to ensure compliance with the ever-changing state tax requirements. We chose TaxCloud for several reasons:  

  • They determine the applicable sales tax rate based on the type of product or service, the buyer’s location, and the... (continued)


Stripe Available to All Sellers

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Hi Bonanzlers. Shelly here. I am the seller happiness manager at Bonanza. This means I gather feedback from you, our sellers, about what you need from Bonanza and then I work closely with our designers and developers behind the scenes to make it happen. 

Stripe is now available to all sellers! 

We are very excited to be able to finally activate this option as it took us a bit more time than we anticipated. Stripe is a payments platform that provides smooth solutions for businesses of all sizes, giving buyers a choice besides PayPal on how to pay for their purchase. 

Buyers want options

Providing more payment options to buyers often invites a higher rate of conversion. We also know how important it is to allow buyers to check out easily with a debit or credit card. And we heard loud and clear from you, that you wanted Stripe to be available to all of our sellers and not just those with a paid membership subscription. Taking into account all this valuable feedback, our way forward was clear, and we can’t wait for you to try it out.

Where do I sign up?

You can create a Stripe account by visiting ... (continued)


It's been 90 days???

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Hello Bonanzlers! Greg here. I’m sure that I’m dramatically understating the obvious, but it’s hard to believe all that has happened in the last 90 days – yet here we are! It’s our hope that during this unprecedented time that you first care for your families and yourself – everything else pales in comparison. For our sellers that are struggling right now, know that the Bonanza team has your back. Please let us know how we can be of assistance during this challenging time, talk to us at support@bonanza.com.  

We provide free tools to help you manage your listings and set buyer expectations. If you will be delayed in shipping out items, we recommend that you update your shipping information. If you need to make items temporarily unavailable it is always free to place listings in reserve.

As we committed to in January, if you provided regular and candid feedback, we would reciprocate with clarity on our direction and plan. Based on the feedback we have received from you, either directly or through the Sellers Survey and polls, we feel that we have an accurate understanding of what you are asking for:

  • Update our membership value proposition and... (continued)


SEO on Bonanza

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Hi Bonanza Community, Shelly here. Being located in Seattle, we at Bonanza are uniquely aware of the concerns the COVID-19 virus presents. Our primary focus is on the safety of our sellers, buyers, and staff during this pandemic. We know that as a community we can make it through this. We remain open for business to support you and your business needs.   

Search Engine Optimization on Bonanza

In my last blog, I promised that we would have some tips for optimizing your listings, also called SEO or 'search engine optimization’. Learning about SEO on Bonanza was the top request that we received from our community in our recent seller survey.

We've built some great programs into our site to optimize your listings for you behind the scenes, but there's more you can do if you want to maximize your sales and get even more views from Google Shopping and our affiliates. From how to write your listing title to adding traits, I’m here to provide you with the details your listings need to include so that shoppers can find them!

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Listing Title

  • Always follow the “Left to Right” rule: Brand, Gender, Product Type, Color, Size, Keyword Phrases
  • Make full use... (continued)


Sales Tax Update on Bonanza

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Hello, Bonanzlers! Shelly here, with an update on everyone's favorite topic - taxes! As you are aware, many states have added Marketplace Facilitator Provisions to their sales tax laws. This means that Bonanza has sales tax nexus in those states, and is thereby responsible for calculating, collecting, and remitting tax for all sales made to buyers located in those states.

What is sales tax nexus? Sales tax nexus is the connection between a seller and a state that requires the seller to collect and remit tax on sales made to buyers in that state.

As a business owner selling on Bonanza, you are responsible for collecting taxes when applicable. However, thanks to a partnership with TaxCloud, Bonanza will collect and remit sales tax on seller's behalf for all transactions where the buyer is located in the following states:

Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington D.C., Washington State, West Virginia, Wisconsin, and Wyoming

We recommend all sellers consult a tax... (continued)


We're Listening!

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Hi Bonanzlers! Shelly here, your new Seller Happiness Manager. What does that mean? It means that I will be listening to you, sharing information and advocating for you behind the scenes. It also means that I’ll be communicating with you during every step of our evolution. I’ve been with Bonanza from the start, previously working in customer support and assisting sellers with Google Shopping feeds. I enjoy helping our dedicated sellers and have seen many of the wonderful ideas you’ve had over the years get implemented on the site. I’m excited to put together your feedback for the team to drive future improvement. 

First, a big thank you to all of you who participated in our recent Seller Survey! We’ve finished reading through your responses. Several items stood out as most important to you. These include understanding SEO (Search Engine Optimization) on Bonanza, shopper traffic, implementing Stripe for all seller accounts, ensuring our importers are reliable, and that our pricing for optional subscription plans is matched with value for your dollar. We hear you and are placing all of these on our product road map.

We also learned that many of you are selling online for supplemental income or as... (continued)


Message From Our Vice President

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Hello! Greg Braukus, here. Thank you to all for your warm messages welcoming me to Bonanza, they’re greatly appreciated!  As a customer-centric minded individual, I have begun to ask a lot of questions and have asked to see lots of data to understand where/how the plan deviated from our course. One of the most significant elements missing is the direct, on-going feedback from you, our sellers.  I’d like to establish an agreement with all of you. If you all regularly provide us with thoughtful, detailed insights (both positive and not so positive), I will consistently share with this group our priorities to improve. In this business, there are no magic wands - only terrific people who are passionate about your businesses, your booths and Bonanza's long term success.

 

So, I’d like to ask you to set aside the years of frustration and welcome this opportunity to go forward together desiring the same goal.  To lead this effort with you, I have appointed Shelly Breuer as our Seller Happiness Manager. Shelly has been a Bonanzler for over 5 years. She has a great understanding of what it takes for you to be successful and she also knows our business very... (continued)


Removing Pesticides from Bonanza

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Hello, Bonanzlers! Today, we’d like to discuss an important update to our prohibited items policy: pesticides. We have recently updated our policy to prohibit ALL pesticides and insecticides. This change was made to ensure that products sold on Bonanza are safe for the environment and the purchaser.

What is a pesticide? Any substance or mixture of substances intended for preventing, destroying, repelling, or mitigating any pest. Any substance or mixture of substances intended for use as a plant regulator, defoliant, or desiccant.

We trust that everyone on Bonanza is here to make an honest living. However, even the best intentions can go wrong, and people sometimes break the rules, knowingly or unknowingly. For these situations, we have a dedicated Loss / Risk Prevention (LRP) team that enforces our prohibited items rules.

Bonanza's LRP Team utilizes several tools to help proactively remove and prevent prohibited items. They notify sellers of claims or items that have been removed.

We get by with a little help from our friends

Despite our best efforts, it’s impossible for us to catch 100% of violations on our own. That’s why, in addition to our LRP team, we also have the Bonanza community helping us when possible.... (continued)


Introducing Our New Vice President

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Hello, Bonanzlers! We hope your 2020 is off to a great start. We have some exciting news to share with you, our community.

Effective January 2, 2020 Alloy and Bonanza Chief Executive Officer Bill Harding appointed Greg Braukus as Bonanza’s Vice President. Braukus will have complete responsibility for the Bonanza business including product and seller strategy, development priorities, and support. Bill will transition his full attention to the company’s exciting new projects, Amplenote (tasks and note taking) and GitClear (developer metrics, git analytics). 

 

This transition in Bonanza Leadership is happening at a great time for Bonanza and its sellers. In recent years, Bill has gradually stepped back from day-to-day operations at Bonanza, as he works to build the tools that can help medium-sized operations like Bonanza maximize their productive output. According to Mr. Harding, “our sellers will appreciate the strategic vision and critical eye that Greg brings to Bonanza. His 20+ years in Customer Service, eCommerce and Operational Excellence will serve us well in our mission to help Sellers grow the most profitable, trust-worthy and sustainable online stores with Bonanza. Greg has quickly come in and identified a path forward that will deliver a high-quality, seller-centric experience. I expect... (continued)


Ecommerce in 2019 and Beyond

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Have you heard of Narvar? They help retailers around the world (think Sephora, Patagonia, Home Depot, and LVMH, among many others) improve their ecommerce business. These well-known retailers represent many of the popular brands that people are buying online, and the data that Narvar gathers and reviews for them can often be indicative of the current state of ecommerce.

Luckily for ecommerce sellers everywhere, Narvar periodically shares this data in reports. Earlier in 2019 they released their “Magical Moments Report”. This report surveys 650+ retailers and 350+ carriers across 9 retail categories and 38 countries regarding online shopping behaviour and customer expectations in 2019. It also recommends ways that ecommerce sellers can apply this knowledge to increase customer satisfaction, build repeat business, and sustain loyalty. 

With the New Year right around the corner and the holiday rush (mostly) behind us, now is a great time to reflect on these findings and consider how you might apply them to your business in 2020. Narvar’s report is 70 pages long, however, and you probably have holiday visitors causing a ruckus in the living room. So, we’ve done the hard work for you and summarized key points below. 

We’ll also... (continued)


Bonanza Dogfood

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Dogfood: it’s what’s for dinner

Hello, Bonanzlers! I hope you’ve been enjoying the 2019 Holiday Season. As we approach the end-of-year survey season (keep a lookout for our seller survey coming soon!) I wanted to share some information about how Bonanza handles feedback.

The most common way we receive feedback from users is through the feature request form. The feature request inbox is monitored daily for new submissions from your brilliant minds. The submissions are then shared with the product team, and we do our best to map suggestions to our quarterly initiatives. Occasionally, feedback comes to our support team as part of a help request, and we also hold a Product Office Hour on Wednesdays for all sellers that are eligible for chat support.

Other methods for feedback and improvement

Internally, we use a process called dogfooding — and we’re not talking about kibble for your pup. In this context, dogfood refers to “an employee’s use of a product or service developed by their company to test it for customers.” The term originated in the 1970s, with widespread adoption within the tech community taking place in the late 80s (starting at one of our neighboring Seattle tech companies, Microsoft!).

... (continued)


Small Business Saturday is here!

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Hooray! It's Small Business Saturday

We are so excited to celebrate this day with you. As a small business supporting small businesses, this day means a lot to us. Our entire company was built upon the foundation of providing a place for small businesses to sell their products online. Thanks for being a part of this community — it means more to us than you'll ever know! Bonanza is proud to support so many amazing businesses. 

Speaking of businesses, did you know that only 36% of businesses are women-owned? Of those, almost all (99.8%) are classified as small businesses. To celebrate this entrepreneurship, we caught up with a few of our most established female sellers for a special Small Business Saturday spotlight.

EmpressDepot

Sharon’s 17-year history of selling online all started with a passion for thrifting. Before her online days, Sharon had a brick-and-mortar thrift store. In her store, she allowed for bartering, which led to a lot of eBay sellers coming into the store to try and find inventory they could sell online. Sharon was confident that she could take her store to the internet — it was something she loved doing, and she’d always had a knack for... (continued)


Top Selling Categories for the Holidays

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It’s always the same: every year after Halloween is over, we’re hit with a feeling of surprise. It’s already November?! Black Friday is 2 weeks away?! It’s probably a matter of mere hours until you see a Christmas tree on sale in town.

Ready or not, the holiday shopping season is upon us once again. This means it’s also time to review something that changes every year: holiday shopping trends. Being ‘in the know’ about these not only helps your business maximize returns this year – it also helps you prepare for the next.

After much analysis and hot chocolate, we’d like to share last holiday season’s top 5 searches on Google Shopping and compare our projections for this holiday season’s top selling categories on Bonanza to last season’s results.

We’ll also share the average FVF rate used by successful sellers in those top selling category projections so that you can make similar adjustments in your Bonanza Broadcaster and maximize your advertising efforts on Bonanza during the holidays.

Last holiday season's top 5 searches on Google Shopping

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Many shoppers find items online by Googling an item’s name and/or clicking on an ad generated by Google Shopping, which makes Google Shopping... (continued)


Using Color to Build an E-commerce Brand with Instagram

This guest blog was written by a representative from Instasize.

If you are looking to start an e-commerce business, there is no better time to start than right now. It has been estimated that in 2019, there will be 1.92 billion digital buyers worldwide, and that number is projected to keep growing every year.  

Even social media is adapting to meet the growing demand. Facebook, Pinterest, and Instagram, for example, have evolved to help brands reach new audiences and sell products and services through content marketing. Instagram alone reportedly has as many as 25 million business profiles on its platform, with 200 million app users visiting at least one brand page a day.

Example of Instagram poll branding Example of Instagram discount branding Example of hashtags in Instagram stories

But what makes content marketing on Instagram so useful for online businesses? First would be the large audience it attracts: to date, the platform has more than 500 million active users browsing through feeds and liking posts every single day.

Second would be the nature of the platform itself. Compared to other social media, Instagram is all about visuals above everything else — making it the perfect platform to create an online catalogue for your e-commerce site. Browsing through brand pages and scrolling through content... (continued)


Advertising Fees and Top Categories

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Hello, and Happy Monday! As our team is hard at work on backend projects related to taxes and payments, I’m going to share some information that is good to keep in mind as we start to plan for Halloween (and soon, the Holidays!). As mentioned in last week's blog, I'm here to give you a refresher in how Bonanza's Advertising program works. 

Bonanza’s Broadcaster Fees

When you opt-in to Bonanza’s advertising program, you decide how you much you want to pay and we cover the advertising costs until your item sells. Higher advertising levels unlock access to additional shopping channels. They also include a higher ad spend to drive more buyer traffic to your listings.

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We offer four advertising levels:

  • Basic (9% fee) — Access to Google Shopping’s powerful shopping engine, our network of affiliate bloggers, and Bonanza Promotions.
  • Standard (13% fee) — All the channels of Basic, plus publishing to eBay.
  • Superior (19% fee) — All the channels of Standard, plus BingAds.
  • Elite (30% fee) — All the channels of Superior, plus an even higher ad spend.

How much will I pay once my item sells?

When you sell an item, you'll pay up tothe max fee... (continued)


Extending Stripe to All Sellers

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Stripe will soon be available to all

A leopard might not be able to change its spots, but soon we’ll be changing our stripes. You asked and we listened — we’re offering Stripe as a payment processor to all sellers! This has been long requested by our community, and we are excited to make this dream a reality.

Initially, we launched Stripe to paying members only. This was to ensure that the Stripe’s technology worked seamlessly with Bonanza’s technology and minimize the number of sellers affected by bugs or kinks. Additionally, Bonanza absorbs the integration costs of each seller, so we wanted to be sure that Stripe was truly an added benefit to sellers.

When will this change go into effect?

We plan on launching Stripe to all by the end of September. Be on the lookout for more information about the official launch date — rest assured, we’ll let all sellers know once Stripe is officially available to all. We thank you for your patience as we work hard to integrate Stripe for all sellers.

How much will this cost me?

There are no additional fees from Bonanza, aside from the final value fees you’re familiar with, which will... (continued)


11th Anniversary Recap

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Anniversary Week has come to a close, and as much as we love to celebrate with you, we also love to look ahead to the future and the many projects we're working on. Stay tuned in the next couple of weeks for the second quarter blog update.

Thank you to everyone who used the Anniversary Coupon template through the Customer Marketing Tool! We loved seeing all of your items. Our staff created several curated Hand-Picked Lists using items from many lucky sellers who sent out anniversary coupons. Here are some of our faves:

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link image of a rug a woven wall hanging square decorative pillows and a hanging plant holder

link images of blue gem earings with diamond trim a leather handbag colorful lipgloss aquamarine necklace and gray gem bracelet

Want to see even more items from anniversary winners?

Check them out: Let's Get Crafty | Plush Love | Shades and Sunnies | Clutches

Anniversary Contest Winners

This Anniversary, we ran a contest with ten $100 gift cards to Bonanza as the prizes. Please join me in congratulating our contest winners!

  • Vaibhav V.
  • David E.
  • Michael W.
  • Jennifer D.
  • Allan H.
  • Simon S.
  • Tom A.
  • Stacey P.
  • Martin R.
  • Monica M.

We also had a seller-focused giveaway this year. Noissue generously donated three prize packages to sellers who purchased a new membership or upgraded their current membership during Anniversary Week. In case you missed it,noissue... (continued)