Tuesday, November 25, 2008

eBay's Problems

eBay Traffic Plummeting (EBAY)

IMO, this comment sums it up pretty well:

"The root of these problems is that eBay is no longer a place where people can go to find inexpensive goods for sale.

It has transformed, through it's own strategy, to a marketplace of fixed price sellers. And these fixed price sellers charge as much or more than places like Amazon for the same goods. So, as a buyer, why should I wade through hundreds of amateurish listings, deal with massive gouging on shipping, and worry about getting the product from some fly-by-night seller when I can one-click it on Prime from Amazon, get guaranteed authentic goods, delivered in 2 days, with no hassle returns, from a vendor I completely trust, often for less money?"

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