Is eBay poised to pass Amazon in Internet Sales???

[mr_lincoln]

From a C/Net article:

"Amazon on Monday confirmed that it's significantly delaying US deliveries of nonessential items, as part of its effort to get more medical supplies and household staples to its customers during the coronavirus pandemic. According to product listings on its website, some of these shipments will be delayed by as much as a month."

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One advantage eBay has is that it's Sellers are individual accounts, NOT warehouse based.  With Amazon "delaying" shipments on non-essential items as much as a month perhaps Buyers will be less likely to purchase from them not wanting to wait that long?!?  If eBay Sellers can still ship their items they stand a good chance of having their sales increase IMHO.

[golfingaddict]

I read this morning that Amazon was actually hiding listings from sellers that were selling the same item and STILL had 1-2 day handling time. Many 3p sellers are still actively selling and shipping quickly, it is just the items that Amazon is selling directly that are affected. https://www.cnet.com/news/amazon-unintentionally-hid-competitors-faster-delivery-options-report-says...

[mr_lincoln]

Thanks for that ... it will be interesting to see what happens in the next few weeks. 

[mtgraves7984]

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@mr_lincoln wrote:

Thanks for that ... it will be interesting to see what happens in the next few weeks. 

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Yes, it will. I'm sitting on a boat load of 'non-essential' items and would be more than happy to move them!

I'm thinking that all these folks receiving the 'stimulus' check will hold on to the funds for awhile; lay them back for necessities for now. (That's what I advised my daughter to do, anyway.) Survival before stimulus.

If it's truly  going to stimulate the economy... and we happen to be among the small number of businesses 'open' now... I can see some buyers coming here until the theaters, restaurants and stores are open.

I think the next few weeks might be our best chance to at least rival  Amazon in internet sales.

[southern*sweet*tea]

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@mtgraves7984 wrote:

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@mr_lincoln wrote:

Thanks for that ... it will be interesting to see what happens in the next few weeks. 

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Yes, it will. I'm sitting on a boat load of 'non-essential' items and would be more than happy to move them!

I'm thinking that all these folks receiving the 'stimulus' check will hold on to the funds for awhile; lay them back for necessities for now. (That's what I advised my daughter to do, anyway.) Survival before stimulus.

If it's truly  going to stimulate the economy... and we happen to be among the small number of businesses 'open' now... I can see some buyers coming here until the theaters, restaurants and stores are open.

I think the next few weeks might be our best chance to at least rival  Amazon in internet sales.

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The whole point is for people to SPEND the money, thus stimulating the economy.

That said, I would imagine people with common sense would, if they spend it, spend it on essentials - stock up on groceries, household items, pay a few bills, that sort of thing.

As it stands now, and with my ever decreasing faith in humanity and common sense, I fully see people who have lost their paychecks and can't buy groceries next week buying iPhones and 60 inch televisions because...necessities, 'ya know.  Gotta look good in that unemployment line. Neighbors gotta be impressed when they see all your expensive electronics sitting by the curb on eviction day.  These are probably the same people who, during the housing bust, were paying their credit card, Netflix and cell phone bills while ignoring their house payments.

Food, shelter, utilities in times of crisis. Anything else can wait.

[nkmipgolf]

I've bought one item from eBay and 20 from Amazon. I can wait.

[luckythewinner]

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@mr_lincoln wrote:

Is eBay poised to pass Amazon in Internet Sales???

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Amazon's gross merchandise volume is $335 billion. 

eBay's gross merchandise volume is $90 billion. 

Poised to pass Amazon? Not a chance. 

[prettywoman-2012]

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@mr_lincoln wrote:

From a C/Net article:

"Amazon on Monday confirmed that it's significantly delaying US deliveries of nonessential items, as part of its effort to get more medical supplies and household staples to its customers during the coronavirus pandemic. According to product listings on its website, some of these shipments will be delayed by as much as a month."

_______________________________________________________________-

One advantage eBay has is that it's Sellers are individual accounts, NOT warehouse based.  With Amazon "delaying" shipments on non-essential items as much as a month perhaps Buyers will be less likely to purchase from them not wanting to wait that long?!?  If eBay Sellers can still ship their items they stand a good chance of having their sales increase IMHO.

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I think that, while it is unlikely that eBay sales will outperform Amazon sales, the part of your thoughts about the advantage eBay sellers have over non-essential items is definitely true. There are many many buyers currently who are buying like crazy, both essential AND non-essential items, when the value / price ratio is attractive. I am still shipping and open for business as usual, and so are the majority of my friends who sell online. One other thing that is going to positively affect the selling of non-essential items is (1) the tax refunds to those who qualified for any, and (2) the stimulus checks. 

While I am an optimist, I am not as optimistic as to expect everything going back to normal by Easter. I think this threat is going to peak around mid-summer, and then hopefully, calm down for a while. The real threat is the continuous mutation of the virus, so even if / when we have a vaccine, it may have to be adjusted over and over again. But many people are - very wisely - investing into silver and gold pieces because those retain their value or even increase it, over time, as opposed to stocks, which can be vulnerable to the volatility of the markets. 

Good luck with your sales 

PW

[ekmadonna]

I purchased 3 cd's from amazon on March 23rd and they arrived at my door yesterday 4 days later and 1 day before expected delivery. They don't seem to be slowing anything down.

[chapeau-noir]

Clarity in communication about this has not been Amazon's strong suit. 

https://www.marketplacepulse.com/articles/amazons-botched-focus-on-essentials

[mr_lincoln]

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@luckythewinner wrote:

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@mr_lincoln wrote:

Is eBay poised to pass Amazon in Internet Sales???

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Amazon's gross merchandise volume is $335 billion. 

eBay's gross merchandise volume is $90 billion. 

Poised to pass Amazon? Not a chance. 

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Oh ... well, I'm still going to drive on Optimism  Blvd ... and at least hope sales increase for eBay Sellers ...

[mr_lincoln]

@prettywoman-2012   Wrote: "I think that, while it is unlikely that eBay sales will outperform Amazon sales, the part of your thoughts about the advantage eBay sellers have over non-essential items is definitely true. There are many many buyers currently who are buying like crazy, both essential AND non-essential items, when the value / price ratio is attractive. I am still shipping and open for business as usual, and so are the majority of my friends who sell online. One other thing that is going to positively affect the selling of non-essential items is (1) the tax refunds to those who qualified for any, and (2) the stimulus checks.

While I am an optimist, I am not as optimistic as to expect everything going back to normal by Easter. I think this threat is going to peak around mid-summer, and then hopefully, calm down for a while. The real threat is the continuous mutation of the virus, so even if / when we have a vaccine, it may have to be adjusted over and over again. But many people are - very wisely - investing into silver and gold pieces because those retain their value or even increase it, over time, as opposed to stocks, which can be vulnerable to the volatility of the markets."

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I know there are still people buying but the trend I see for the categories we sell in is its a lot of below $ 50 purchases and things people can do or enjoy at home ... which makes perfect sense with all the quarantines in place.  I will always lean to the side of optimism ... that's just my nature ...

[mr_lincoln]

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@chapeau-noir wrote:

Clarity in communication about this has not been Amazon's strong suit. 

https://www.marketplacepulse.com/articles/amazons-botched-focus-on-essentials

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Thanks, that was a good read ...

[chapeau-noir]

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@mr_lincoln wrote:

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@luckythewinner wrote:

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@mr_lincoln wrote:

Is eBay poised to pass Amazon in Internet Sales???

---

Amazon's gross merchandise volume is $335 billion. 

eBay's gross merchandise volume is $90 billion. 

Poised to pass Amazon? Not a chance. 

---

Oh ... well, I'm still going to drive on Optimism  Blvd ... and at least hope sales increase for eBay Sellers ...

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I do think there will be a shift of "non-essential" commodities onto eBay from Amazon sellers who can't sell them right now through the site (with their 50,000 free listings and all).

ETA: And maybe the customers will do a little more shopping while they're here.

[the*dog*ate*my*tablecloth]

I tried to buy several no food items on amazon this week. They were all showing April 27. The one thing I really wanted I bought on eBay and already got it.