treating sellers like crap does have a down side....

[craigstevensstudio]

ACCORDING TO FNC 05-05-2022

Ebay shares fall on quarterly loss, lowered outlook, and shares fell in extended trading by 6% . Ebay's gross merchandise volume fell 20% to $19.4 billion.

treats sellers like qwap,  ALWAYS SIDES WITH BUYERS.....allows buyers to get money and item then send seller back box of rocks,   NO  CUSTOMER SERVICE...

this is all on ebay.

[katzrul15]

And that is before today's market abyss is factored in......

E-Bay is not the only e-tailer/retailer whose 1st quarter is a hot mess. 

I had a tough 2021 on here with fraud.  It didn't just sting, it was on-fire like being attacked with a red hot poker.....

Not happy about any of it, but e-Bay did work to tightened up some areas and enable some Seller protections as a result.  More to do, of course, but there always is.  

[chapeau-noir]

The entire etailing sector is down.  I doubt 'eBay treating sellers like crap' has a whole lot to do with it.

[dnasilver]

"entire" might want to check out Walmarts results.

[coolections]

Buyers are the ones who caused the majority of the decline. Ebay does not treat buyers like carp so I doubt your theory holds water.

[divwido]

I don't.    If eBay was great and everything worked like it should, I might still only be selling here.  But it isn't and it doesn't.  

Requiring sellers to accept and pay for returns was a major slap in face-in my opinion.   Making it clear to us that we are the liars and thieves and buyers are always right was a harder slap with a much harder object.

[ten_o_nine]

And AMZN reported the first quarter loss in 7 years.

[ten_o_nine]

AMZN is down more than $1000 a share in one month, that's almost 30%.

[my-cottage-books-and-antiques]

@dnasilver 

WalMart does sell online, but it isn't really an "etailer" (which generally refers to companies that sell only online (or nearly only) I'm not sure, but I believe the bulk of WalMarts sales still come from the B&M world, and that's part of the point being made here: Many who had been shopping primarily online have gone back to shopping B&M. That's true even for my kind of stuff, which used to be (locally) just found at thrift stores, consignment shops, and yard sales. Now , in my small town area, we have more and more "vendor malls" where used stuff, vintage, pallet returns are being sold as well. 

In some ways, it's almost a consumer backlash ---enough with buying online---we want to go SHOPPING in the real world! LOL

During lockdown and the worst of the pandemic, the pendulum had swung very far to ecommerce, now it is swinging back to B&M. It will likely balance out eventually, but right now the B&M world is definitely benefitting.

[dnasilver]

I understood the point being made and understand the dynamics of markets and how demographics apply to what occurs in the markets. Did you not notice the word "entire" which is what I commented on. BTW Amazon owns B & M's that compete directly against Walmart on other companies. The point was "entire" was not correct since Walmart is considered a company that utilizes the internet to drive sales and showed different results. The word "majority" of e-tailers would be accurate but not the "entire" industry. Curious, since you did not state that, why are you trying explain what some else said?

[my-cottage-books-and-antiques]

@dnasilver "I understood the point being made and understand the dynamics of markets and how demographics apply to what occurs in the markets."

Oh, OK, good. Sorry I intruded.

[lonebuck-books]

---

@ten_o_nine wrote:

And AMZN reported the first quarter loss in 7 years.

---

And AMZN also treats it's sellers like crap.  

I think the heyday of small sellers making a decent living through these venues has ended.  Now it is just big foreign sellers, some small sellers who refuse to give up and new seller who don't know better yet.  Sites like eBay haven't gotten the message yet that without sellers and a good selection of inventory that is easily found through search, you don't have a site that will remain profitable.  When your entire new business model is to extract as much money out of sellers through fees, and make  rules that make the seller wrong and the buyer right 99% of the time, you are bound to bleed out sellers.  It's a nasty snowball that once started, will be very hard to stop.

[nocoolnamejane]

The entire world is a dumpster fire right now, it’s no wonder retail is getting hit hard.

[yuzuha]

---

@my-cottage-books-and-antiques wrote:

@dnasilver 

WalMart does sell online, but it isn't really an "etailer" (which generally refers to companies that sell only online (or nearly only) I'm not sure, but I believe the bulk of WalMarts sales still come from the B&M world, and that's part of the point being made here: Many who had been shopping primarily online have gone back to shopping B&M. That's true even for my kind of stuff, which used to be (locally) just found at thrift stores, consignment shops, and yard sales. Now , in my small town area, we have more and more "vendor malls" where used stuff, vintage, pallet returns are being sold as well. 

In some ways, it's almost a consumer backlash ---enough with buying online---we want to go SHOPPING in the real world! LOL

During lockdown and the worst of the pandemic, the pendulum had swung very far to ecommerce, now it is swinging back to B&M. It will likely balance out eventually, but right now the B&M world is definitely benefitting.

---

I work B&M retail and I can tell you for a fact that is definitely true. Our foot traffic pretty much died during the pandemic and now it has bounced back with a vengeance... people want to be out doing things in person now. I helped staff a local festival recently and we had the highest attendance we'd EVER had because people wanted to get out and enjoy themselves.

[fuzzface50]

amazon first quarter loss is due to their bad investment into an ev car company. They lost like 3 billion there and ford loss 2.2 billion to the same company.  Otherwise their main way of making money did ok, just lost it all in bad investments.