@dbfolks166mt wrote:
EBay will not be the first US company to self destruct and it will certainly not be the last. Sear, GM, Caterpillar, Montgomery Ward, IBM...... all were once on top of their business areas but either failed to listen to their customers or made poor company decisions that lead to their downfall. EBay has demonstrated their ability, and it seems their determination, to do the same. EBay sells nothing and while one can argue the buyer/seller debate sellers are eBay's primary customers. The buyers are the sellers customers.
It is the seller who lists and posts the items and generates the revenue for eBay, buyers do the same for the sellers. A month could go buy without a single item being sold on eBay and eBay would still realize revenue from store fees, insertion fees, promoted listing fees............. While the sellers would suffer and not realize the same returns it is just the way eBay is setup with regards to revenue collection.
I believe the start of the spiral began with the conversion to MP and the divesture from PayPal which, by the way, has allowed PayPal to become the largest third party financial processor in the world. What the future holds is anyone's guess but at the moment eBay appears to be headed down the wrong road.
YES YES YES! This sums up exactly what I was trying to say in my recent post. Ebay's path to self-destruction is obvious. What is not obvious is why. BUT I believe they are going to be bought out by another "online seller" that shall remain nameless as they are wanting to own everything in the world. I'll leave it at that, but this is not headed in a direction that benefits the seller.
When you see a ship sinking you jump, not stay on-board and go down with it like the Titanic.
