Ebay "deteriorating" - mass layoffs expected

June 10, 2008

http://www.elitetrader.com/vb/showthread.php?s=&threadid=128951&highlight=ebay

"Shorting EBAY -- big winner"

Quote from Allspread:

Their core business is going completely down the drain -- auctioning off specialty items and rare/unusual collectibles in favor of trying to be the new AMZN.

New management doesn't have what it takes to be heavy hitters in the retail market. EBAY has a severe identity crisis -- buyers who get items from online retailers think "auction" and won't go there. Auction sellers are being run off from the site by EBAY mgmt by design (jimmying the feedback system, raising seller fees, there is a whole list of ways they are trying to run off the people they derive their revenue from).

Go read the eBay Community boards on their site, there are THOUSANDS of extremely angry people who don't appear to be letting up for a second...
 
This is correct. 5-10 years ago profit my profit /my small company/ from ebay selling was near 500k yearly. This year I am in RED NUMBERS /Ok, practically breakeven/. And problem is that if ebay fees will be just half I will be nicely in green - enough to continue business. But simple 14% to ebay and Paypal I can not afford. Plain and simple.
I think no one responsible seller is trying fool buyer with shipping fees.
Just traderzone like specialist for everything thinks it
Years ago it was possible but now - no way. Not by shooting star sellers those try survive.
.
What we try like mentioned bellow is escape a bit of fees those are simple too high for vast majority. I did not stopped my selling on ebay until now because it means kick out few employee - those are friends and destroy system that I build more than decade.
But if ebay fees will stay same and the global situation as bad as is or even worse /I am selling collectible items so food first etc.../ than I will end period in my life connected with ebay.
I can not continue business that is not profitable.

And in my branch of business I am the LAST professional seller on ebay.
All my competitors ended during past or this year. We simple can not get enough for our products by that high fees in current economical situation.

I believe Ebay choosed very unhappy business model. Every change those they are making during few years make situation worse and worse.
I think from ebay is uneffective monster now.

I loved you Ebay. But my divorce with you looks unavoidable. /it must be strong turn in your direction - but I am stopping hope in miracle/ Enough is enough. You will die old and ugly left by all your former lovers.



Quote from Chausey:

BULL SHIT! Traderzones is correct, the math proves out, it's the same price. Sellers do this to escape high final value fees.
To make matters worst for ebay, they are now limiting shipping charges in some categories. This is driving more sellers out. Many powersellers have received phone calls from ebay and are asked to hang in there with the new system. Many are not happy, especially when ebay is now going to take away the ability to receive checks or money orders. Ebay is putting itself out of business with incompetent management.
 
Back
Top