eBay Inc. (EBAY)

All Comments on EBAY

  • commenter
    Sep 07 12:25 PM
    My Website
    eCommerce Stock Pair Trade: Amazon vs. eBay [view article]
    Is this a joke? Ebay? They are doomed and I'll tell you why. JD is trying to make Ebay into a cheesy Amazon clone - the cheapest way possible. There will be NO customer service except whatever the sellers may offer. There will be NO guarantees, again except whatever sellers offer. Really no different than now only when JD gets finished destroying the place all that will be there are big box retailers with the same junk you can buy in your neighborhood mall!!! The one thing that made Ebay what it is - the small sellers of unique and rare items will all be gone...priced out of existence by a bloated greedy company. You want people to invest in this madness? Deutche Bank just downgraded Ebay to 19.00 a share and I fell it will fall even more than that. Ebay is doomed unless JD and his crowd are ousted and a team of experienced professionals are brought in!

    Why is Amazon so popular? 1) They actually sell products themselves; 2) They have an unconditional moneyback guarrantee AND they actually have the phones manned with human being customer service reps. No...JD and his ridiculous plan will NOT take one buyer from Amazon - in fact, Amazon will have more buyers than it needs!

    10 year disgusted Ebay seller!
    Reply
  • commenter
    Sep 07 11:49 AM
    My Website
    eBay: Triple Whammy Weighs on Stock Price [view article]
    I hate ebay more every day.
    The Paypal only payment option is going to run off another 20-30% of the buyers.
    You cannot even bid on an item if you do not have a paypal account linked to your ebay account.
    Is this even legal.
    Reply
  • commenter
    Sep 07 11:47 AM
    eBay: Triple Whammy Weighs on Stock Price [view article]
    Unfortunately it is my opinion that this stock is going to continue to drop over time. There is so much dishonesty in ebay's presentation of their recent changes that buyers and sellers are intelligent enough to comprehend it. Even though ebay does not think so.

    The changes are about collecting more revenue. They have nothing to do with improving the buyer experience.

    First Ms Norrinton claimed they had done studies. Her quote was "Negative Feedback was the number 1 reason for buyers leaving"

    The recent changes she claims now "Excessive shipping is the number 1 reason for buyers leaving"

    Which one is it Ms. Norrington?

    They are asking sellers to offer free shipping and capping shipping on certain categories. They have even told sellers to include those costs in their asking price if necessary. Does this save the buyer anything? However, Ebay gets to collect a final value fee on this. The only one that stands to gain is ebay.

    The buyer actually loses. I offer any additional item at 50 cents additional shipping. I don't know who will buy 1 item or ten items. In order to cover my shipping costs, I would need to add full shipping for just one item on every item. I don't think this will make my customers very happy either.

    I guess Ms. Norrington will next have to say the number 1 complaint for buyers leaving is "price gouging". That is how I will see it.

    There are so many elderly people that do not trust putting any banking or credit card information on the internet. They will not know to ask if you will accept a money order. If you ask me, this is a strong case of discrimination against those who are taking strong measures against identity theft.

    Again Paypal fees is ebay's salvation. It is currently what is keeping ebay afloat. It is practically the only entity showing growth with the corporation. That is only because they are trying to force it down the buyers and sellers throats. Sad day for those buyers that don't trust it.

    It is truly sad to see what was once a strong entity sink to this level of desperation.
    Reply
  • commenter
    Sep 07 11:23 AM
    My Website
    eCommerce Stock Pair Trade: Amazon vs. eBay [view article]
    Shelley, for the first few months of this year, the STR for BINs for books (one of buy.com's main categories) was approx 30%, not 2.5%; this shows what buyers [i] really[/i] want. This is the type of statistic that shows how bad this sort of deal will be for Ebay's buyers, sellers and investors. I can see nothing in Ebay's thinking that will reverse this trend. Reply
  • commenter
    Sep 07 10:17 AM
    My Website
    eBay: Triple Whammy Weighs on Stock Price [view article]
    Dinah, it's too late! LOL! There is another online auction community being formed as we speak,The company is composed of all antiques and collectibles sellers and buyers, supported by LIVE auction houses and some awesome business partners who will be delivering a site very similar to the old ebay. The folks on ebay know all about them. And so do these affiliates, like Scott, because they won't be included in this business.

    He will not be able to make money off of the advertising packages his company sells to the delusional ebay sellers, to sellers on this other site. He will be cut off from many of the old sellers who are on ebay now, when they leave.

    And mark my words, once this other place gets rolling, ebay administration will be squealing like a stuck pig, along with all of it's parasitic advertising affiliates!

    Does GoAntiques, Worthpoint, and Heritage Auctions ring a bell?

    It's kind of funny, no ebay ads on those sites!LOL!
    Reply
  • commenter
    Sep 07 10:07 AM
    My Website
    eBay: Triple Whammy Weighs on Stock Price [view article]
    yep, and I'm sure things will not be good for folks like yourself, who squeeze money out of ebay and it's uneducated sellers, by selling them more balls of fluff. The market that drove ebay from the very beginning is the collector.The collector and seller of collectibles, will now be gone. Now why would that be an issue?

    Well, lets see now..why in the world would anyone in the real world ever go to a place like ebay to shop? No one I know shops there, and I live in a huge rich, metropolitan area. We have shopping, we can go to our same stores online, so we don't need to go to ebay.

    Now, lets go a little tiny step further. The folks that I know, when asked if they know what do do if they go to ebay,is that they would search for a pattern of sterling flatware, or their mother's china, and maybe a piece of linen that matches one that was made in the 1950's. Something obtuse, something "hard to find".

    Ebays' search used to be able to bring folks to whatever they wanted, and what a great search it was! The best in the online auction community. Now,,,the auctions are being chased away, as are the sellers of Mom's lost china patterns. ..and what's left, is a bunch of online "stores" created by fancy software, with outlandish prices on things I could find in my nearby White Flint Shopping Mall, on sale.

    Folks like yourself, who have sold a bill of goods to sellers who market products that are not uncommon, are not going to do very well on ebay. Ebay was not meant for your kind of business. The more the "old" business moves away from the site, the less customers you will have.

    And the ones you will have will be young, uneducated, and unwilling to comply with the business policies in a safe way for the sellers to be risking their best merchandise.

    Why are you surprised? Are you so caught up in the software world that you have no idea what kinds of business interactions are going on, or are you just trying to distract the company from the failure you are leading them into?
    Reply
  • commenter
    Sep 07 09:57 AM
    eBay: Triple Whammy Weighs on Stock Price [view article]
    Dump the crap!! The stock is worth as much as the new CEO is worth and Donahue is worth 0 my friends!!! Ebay deserves as much success as they offer us on ebay & with the new policys all sellers are set up for failure!! Thanks Donahoe for F'ing up Ebay for all of us! You should feel real proud! I know it's for the security of all ebay users, we all believe that crap, ya right! You lost anouther silver power seller with your clever policy changes Reply
  • commenter
    Sep 07 09:48 AM
    My Website
    Slow Online Ad Growth Could Impact '09 Outlook [view article]
    Excellent article! I totally agree! I think the market is overrun with too much advertising, It's a waste, and a real pity. Products should be advertised, obviously, but the overkill is expensive, and drives the expenses of the company who sells the product, up, therefore, driving prices up. A good product can speak for itself, and word of mouth will always be the best advertising, no matter how advanced the industry becomes.

    I hope ebay will figure this out, they are obviously, as you say, working from the top down..
    Reply
  • commenter
    Sep 07 08:57 AM
    eCommerce Stock Pair Trade: Amazon vs. eBay [view article]
    I am not sure why Amazon's long term is better than Ebay: Amazon's business is a open book and every one can copy it, especially if you can get the critical mass like Ebay does. Ebay's auction is there to stay; now it enters the game of fixed price. So one way of looking at this is that Ebay expand to Amazon's turf and grab some shares, while keeps its own turf of auction intact; there seems to be no serious competitors in the auction field. I have heard that Ebay lost shares but could not figure out to whom. For fixed priced game, Ebay obviously is trying to catch on, a field that it is not the number one play to start with. Reply
  • commenter
    Sep 07 08:14 AM
    eBay: Triple Whammy Weighs on Stock Price [view article]
    I'm betting the stock will go down to $10/share by 4QTR and that's $9 more than what it's worth. Why? Donahoe systematically destroyed the very foundation that made eBay unique - its simplicity of use & it's sellers.

    The only thing that will save eBay is Donahoe's resignation immediately followed by 1) rolling back seller fees 3) restoring keyword searches 4) eliminating Paypal holds 5) dumping advertising 6) and generally restoring eBay to pre-Donahoe.
    Reply
  • commenter
    Sep 07 07:45 AM
    My Website
    eCommerce Stock Pair Trade: Amazon vs. eBay [view article]
    "I do believe that downtrend is over and Ebay is now a good value stock for short term investment."

    You believe this because of what?? I believe the downtrend is only about to free fall from an enormous cliff with JD's new recruitment of big box retailers they are moving in in October - who just like Buy.com will be enjoying the welfare paid for by real eBay sellers- eBay ride and get top placement because they don't have to preform to the new "DSR- whipping board". So the sellers who really have the variety are going to be swamped out by big box companies taking a free ride off the backs of the seller's they are literally stepping on. I don't even know how many of us will make it to November let alone to 2009. Does that mean the big box companies convert better? Nope! it means the buyer never bought because the couldn't find the items they wanted to buy.

    Look at Buy.com - the STR is like 2% - 2% - what is the STR for a random 800,000 listings? I don't know I'm asking, but I'll bet it is a hell of a lot higher than 2%. Why don't you do some research and let us know. It's a good idea to research before you start making suggestions to people on where to put their money. Seriously that is just gross negligence to be so lazy and to tell people they can believe because you believe that eBay's downward trend is over- shameful really
    Reply
  • commenter
    Sep 07 05:45 AM
    eBay: Triple Whammy Weighs on Stock Price [view article]
    If a power seller like me is leaving completely, ebay must be doing something really wrong. For the record, my previous 12 month total sales on ebay was more than $700,000 and total purchase on the site was $250,000, total fee paid to ebay was more than $100,000. I stopped after they announced the forced Paypal exclusive payment policy. I am not alone. The ripple will hit ebay in Q4. Be ready for another surprise. I wouldn't touch ebay stock now. Reply
  • commenter
    Sep 07 05:29 AM
    eCommerce Stock Pair Trade: Amazon vs. eBay [view article]
    Ebay is facing a fundamental business model problem now. It's management tried to abandon its core business and move toward brick-and-mortar Amazon model. The company is not prepare to handle the logistic of merchandising as Amazon has been doing. Remember that Ebay was built by a sellers/buyers community, not by a group of management team. It has alienated many of its sellers and buyers. Forced Payapl and forbidding payment by check, money order, and direct bank transfer has driven many ebay sellers to abandon the site. Investors should not have any more illusion on ebay. It will be another Xerox! Reply
  • commenter
    Sep 07 04:54 AM
    My Website
    eBay: Triple Whammy Weighs on Stock Price [view article]
    I don't think that I could add much to the comments above which give an excellent overall summary of the situation, so I will look at just one aspect. Conversion rates ( I think these are also known as sell-through rates) are down not because of the new finding system (I can find what I collect just as easily) but because the sellers of collectable items are leaving in droves and are being replaced by the likes of buy.com selling commodity items with an abysmal sell-through rate, and, it is rumoured, lower fees. (Check the Medved statistics for different categories over the last six months for confirmation) If fees are being geared more to sales than listings, then look no further for the reasons for the predictions of Ebay's price.
    This is typical of allowing a company to run by mangement consultants relying on figures wthout being able to interpret them and without a clue as to how their market really works. Shareholders , kick them out and replace them by real business people if you want to see your investment do well.
    Reply
  • commenter
    Sep 06 10:49 PM
    eBay Caps Shipping Rates: What Is the CEO Thinking? [view article]
    Dinah's response to Ahu -

    I respect your opinion because everyone's opinion is important but I don't agree with it. Here is my main reason why:

    Prior to eBay John worked for one company his ENTIRE LIFE - that being Bain (1986 thru 2005) as a consultant. Prior to Bain he was student (Stanford 1984 thru 1986 and Dartmouth 1978 thru 1982). Note there is a gap from 1982 to 1984.

    From the moment John walked through eBay's front door he started making changes based upon ignorance because he lacked experience. These changes included:

    1) taking away premium stores FREE keyword advertising

    2) flooding eBay with ppc advertising & cookies

    3) opting MILLIONS of buyers into guinea pig tests from which there was no escape.

    4) shoving best match down our throats knowing it doesn't work

    5) making Paypal mandatory (more or less)

    6) damned stars & no seller feedback

    7) raising eBay fees & Paypal fees & holds

    8) systematically destroying stores

    . . . and these are only the highlights.

    John's gross mismanagement of the site is so obvious that even Wall Street is worried and no matter what John does to "bring back buyers" it won't work because no seller trusts him. Who would?

    If John really wanted to "fix" eBay he'd remove eBay's childish looking home page that begs teenagers to "sign up" & then resign because every change Donahoe made was designed to destroy sellers (which also happen to be eBay's buyers).

    Reply