Wednesday, March 17, 2021

Reverb Sees Huge Q4 Growth for Its Music Gear Marketplace | Built In Chicago

Reverb's e-commerce platform is built to buy and sell musical instruments, be they new, used or even vintage items. The company started out in 2013 when founder David Kalt, owner of guitar shop Chicago Music Exchange, grew frustrated with the process of buying and selling guitars on sites like eBay. This frustration inspired him to create an online marketplace tailored specifically to music shops and creators.

The company has seen growth from its very start, and that progress continued last year. After being acquired by Etsy in 2019, the company announced this week that it saw its gross merchandise sales increase 32 percent year-over-year in the fourth quarter of 2020. The company's CEO David Mandelbrot attributes this growth to its dedicated team.

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Publisher: Built In Chicago
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Other things to check out:

Indoor marketplace Open Market OC debuts spot in MainPlace Mall – Orange County Register

Coming off the success of its first retail recycle, the founders of Open Market OC, an innovative indoor marketplace first launched in Laguna Hills nearly two years ago, have opened a new shopping area in the multi-level space that once housed Nordstrom at the MainPlace Mall.

The Santa Ana location opened its doors to the public about three weeks ago, with around 180 sellers taking up shop on the second floor of the three-level former department store. Nordstrom said goodbye to its 169,000-square-foot space in the mall in March 2017.

Publisher: Orange County Register
Date: 2021-03-17T00:21:15 00:00
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A look at post-pandemic travel - Marketplace
Publisher: Marketplace
Twitter: @Marketplace
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Reports of Stolen Art on NFT Marketplace Raise Issues for Crypto Collectors

The blockchain has frequently been hailed as the future of art commerce, offering a way to ensure a work's authenticity while creating an unalterable digital record of provenance on a public ledger. But recent reports of hacking on Nifty Gateway, a popular marketplace for non-fungible token (NFT) art, have raised questions about potential security flaws in the system.

One of them is media strategist Michael Miraflor, who tweeted this weekend that his Nifty Gateway account had been compromised and his entire NFT collection cleared out in a matter of minutes. The hacker transferred Miraflor's NFTs to another account and used his credit card on file to purchase more than $10,000 worth of Nifty's daily "drop," which they also transferred; then, they sold the stolen NFTs via the messaging app Discord.

Publisher: Hyperallergic
Date: 2021-03-16T20:37:53 00:00
Author: Valentina Di Liscia
Twitter: @hyperallergic
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And here's another article:

Will US lawmakers rein in marketplace counterfeits? | Retail Dive

As retailers like Amazon try to police the sale of knockoffs, several congressional bills aim to regulate online merchants to protect consumers and brands.

"Holding intellectual property rights violators accountable and ensuring that American innovators and creators have a full and fair opportunity to use and profit from their work is critical for both physical and online markets," U.S. Trade Representative Robert Lighthizer said in a statement.

Publisher: Retail Dive
Date: 2021-03-16
Author: Tatiana Walk Morris
Twitter: @RetailDive
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Farmland could be the next big asset class modernized by marketplace startups – TechCrunch

Jim Jackson developed timber and farmland in Eastern Washington, protected from coastal rains by the peaks of the Cascade mountains, building out a clutch of apple farms and other properties on the state’s sunny side for 40 years.

Traditionally, he raised money to expand operations for his farms through his existing network, which meant asking previous investors to pool together and come up with the cash.

But more recently, Jackson turned to a fundraising platform that operates entirely online. Like hundreds of other farmers, he’s using a service called AcreTrader to raise money for agricultural development projects. AcreTrader is one of a growing number of companies revolutionizing the way farm and forestland are acquired, developed and commercialized across the United States.

Publisher: TechCrunch
Date: 2021-03-16 07:00:08
Twitter: @techcrunch
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People are itching to travel again, even for business - Marketplace

The Transportation Security Administration screened 1,263,990 people at airport checkpoints Monday . It was the fifth day in a row that that number was over 1.2 million.

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There are a lot of people who cannot wait to get on an airplane again to see family or friends or just go somewhere new. And a growing number are, according to Victoria Walker at The Points Guy.

"We’re starting to see more and more travelers saying since they’ve been vaccinated, they feel more comfortable going to see family, they feel more comfortable taking a vacation to the Caribbean," she said.

Publisher: Marketplace
Date: 2021-03-16T21:14:22-07:00
Twitter: @Marketplace
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The changing face of America's unions - Make Me Smart from Marketplace

About 10% of the American workforce belonged to a union in 2020. That’s way down from about a third in 1970, but unions are making gains lately — and not where you might expect.

“America’s workplaces are pretty much the least democratic spaces that we have in this country. People think they have far more rights on the job than they actually do,” said Lane Windham, associate director of the Kalmanovitz Initiative for Labor and the Working Poor at Georgetown University. “So unions basically bring that democracy with a small ‘d’ back into the workplace.”

Publisher: Marketplace
Twitter: @Marketplace
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