EBAY forgetting how it became large and successful

[percgrabbe-0]

EBAY forgetting how it became large and successful just a quick note that they didnt get that way by micromanaging sellers. In fact the opposite is true. EBAY was in its prime when sellers had more options and choices and control over sales not less control. They also had less competition and less fees. Thats what grew EBAY. What is making them shrink is the opposite.

[goodluckselling]

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@percgrabbe-0wrote:

EBAY forgetting how it became large and successful just a quick note that they didnt get that way by micromanaging sellers. In fact the opposite is true. EBAY was in its prime when sellers had more options and choices and control over sales not less control. They also had less competition and less fees. Thats what grew EBAY. What is making them shrink is the opposite.

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Yet they do more than 80 Billion dollars in seller merchandise revenue annually. 

Something just does not match up here?

Good Luck Selling!

[professor-t]

I would love t see what their sales would be if you removed the subsidized chinese and other offshore sellers who are driving a lot of the American sellers out of business.

[rktoyandhobby]

As the eCommerceBytes annual survey and its 10K respondents showed, no venue scored particularly well, as the top scores didn't even break 7 on a scale of 10.  Where I went to school, that was solid D territory and not something to be proud of.

[goodluckselling]

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@professor-twrote:
I would love t see what their sales would be if you removed the subsidized chinese and other offshore sellers who are driving a lot of the American sellers out of business.

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• eBay is an international marketplace. 
• Why would you disparage against another group of sellers? 
• 58% of transactions  on ebay.com are from international buyers (not sellers). 

eBay has 25 Million registered sellers and yet only 7 million of them are US based sellers.  eBay is a much bigger international company than most want to admit to.  eBay could never have this much revenue created just inside the states.

Good Luck Selling!

[percgrabbe-0]

EBAY lost $1 billion dollars last year in a market thats expanding. I think its safe to say their current method isnt working so well as it could.

[percgrabbe-0]

Thats revenue not profit. 

[goodluckselling]

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@rktoyandhobbywrote:

As the eCommerceBytes annual survey and its 10K respondents showed, no venue scored particularly well, as the top scores didn't even break 7 on a scale of 10.  Where I went to school, that was solid D territory and not something to be proud of.

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• eBay did 80 Billion dollars in seller merchandise sales. 
• The point is eBay is moving forward in every category of growth. 
• The stock has doubled since the paypal split. 
• All stats are way up. 
• They have a plan moving forward that is supported by wall street analyst for continued future growth

What part of this is not registering?  Click here to see 70 amazing stats and facts about eBay in 2018

Good Luck Selling!

[goodluckselling]

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@percgrabbe-0wrote:

EBAY lost $1 billion dollars last year in a market thats expanding. I think its safe to say their current method isnt working so well as it could.

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I have never heard or read that.  Can you provide such a link so I can learn what you seem to already know?

Good Luck Selling!

[goodluckselling]

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@percgrabbe-0wrote:

Thats revenue not profit. 

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I am pretty sure I said revenue? Your thread is about who made eBay what it is today and I assume you are speaking about sellers and the number I shared was about sellers total merchandise sold being more than 80 Billions dollars.

Good Luck Selling!

[percgrabbe-0]

here you go

https://www.statista.com/statistics/281542/ebays-annual-net-income/

[goodluckselling]

Your graphs in your link shows increases not decreases?

Good Luck Selling!

[percgrabbe-0]

read the text to the right of the chart --- see the last line on the right of the chart pointing downward below the horizontal line not upward thats ebay 2017

[tev4all]

The stock has doubled since the paypal split.

Please supply a link.

at the time of split ebay was around $34-$35 a share.

IT is today at IT's highest point since the split and is still short of doubling.

Paypal on the other hand is double the beginning price and has been for the past 5 months . 

[meoxcross]

I am amused ebay is trying to become the "big dog" when they can't even take time to upgrade their site's interface in one fell swoop.

Impressions are everything, when people look at the front page and see at best a patchwork UI and buggy featured pages (that haven't been updated in years) they are going to have a low impression of the site and assume it is not trustworthy.