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leapingcat
25 Comments
Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
We have always admired your economy's ability to fight back, and I'm sure that in time it will recover, I just hope that it doesn't repeat the mistakes of the past. When you sneeze, the rest of the world catches a cold!
eBay Q3: What it Means for Sellers
eBay: Getting Something for Nothing
I had also thought that Paypal could be the one thing that would maintain some value for the company as a whole, but I am now beginning to doubt this. The events of the last few weeks have led to calls here in the UK from both politicians and regulators for tighter control of financial institutions and as far as I can tell the same views are being put forward in the US. Can anyone see Paypal surviving a closer scrutiny of its existing practices? I feel that the share price still needs to fall some more before investors could truly be getting 'something for nothing'.
eBay Caps Shipping Rates: What Is the CEO Thinking?
It is obvious that Ebay mangement have never even picked up a book, let alone opened one and read it.
eBay: A glimmer of Hope for Feedback
Big eBay Developments: Layoffs, Gobbles Up BillMeLater
So Much for That: EBay Looks To Sell StumbleUpon
eBay Is a Losing Bid - Barron's
For those looking for collectables, can I suggest a visit to specialistauctions.com... It is a still relatively small site and UK based, but has many US members, and auctions are monitored by experts to reduce the likelihood of fakes being listed or items listed in the wrong category.
eCommerce Stock Pair Trade: Amazon vs. eBay
eBay: Triple Whammy Weighs on Stock 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.
What Will Be the Impact of eBay's Rate Changes?
Ebay's fees have only gone down for large sellers of mass-market commodity products, fees have gone up for the small sellers of individual and difficult to find items. Ebay are in danger of losing what has made them distinctive without any compensating gains.
I think that you're right, Paypal should continue to flourish; it has an established customer base and is convenient for buyers. Your article seems to support the case for breaking up Ebay, and letting Paypal realise its true value.
eBay: The Next 4 Months
I suggest that based on current price and P/E ratio, the auction side of Ebay is dragging down the value of the whole company. The initial overpayment for Skype has effectively been written off, and Paypal is getting an increasing amount of its revenue from non-Ebay sources. Break up the company, let the parts with potential for growth realise their true value, and sell off the auction side to someone who really understands the business.
EBay's Aim at Amazon: Off Target
Some excellent points about Ebay and collectables, I agree with much of what you said, but I approach it from a different angle. One of the great successes of Ebay was the way in which it created a vast transparent market for collectables, which meant that they were able to find a true market price and not one artificially inflated by speculators. I was able to add to my collection at an affordable price, and as my tastes changed, easily sell the items that I wanted with low fees and no dealers profit margin to reduce the price that I got.
That is the market that Ebay are rapidly destroying by their changes in policies and constant fee increases, and their attempts to become an Amazon clone. Alternatives such as ebid.net are starting to fill that vacuum by providing the sort of environment that collectors want, the latest changes can only speed that process. In the meantime, if I want to buy a book or DVD, I would still look at Amazon first. I feel more confident dealing with a company that still seems to make items easy to find and provides a hassle free service. Perhaps this is in part a reason for the different P/E ratios.
Amazon vs. EBay: Looking Beyond E-Commerce
Amazon charge lower final fees to large sellers (pro-merchants), charge higher fees than Ebay (although Paypal fees can level this out to a certain extent) and have drop-shippers listing hundreds of thousands of books that they don't have in stock and with feedback ratings in the low 90s. So, Ebay should have no trouble in seeing off Amazon as a competitor, yet they flounder while Amazon go from strength to strength. Perhaps ease of use and reputation count for more than meaningless figures when valuing a company; if so then investors are starting to get it right.
Has eBay Reached the Limit of the Network Effect?