megnelwil wrote:Snap, I've just closed my store down too and I really hope a large enough number of small sellers do the same so eBay reaps just reward for its greed. I was quite proud of that little store but hey, not to the degree of throwing money at it. Now that eBay will be relegating my listings to the back-of-beyond I can't see the point of paying listing fees to carry stock month after month whilst the resale margin dwindles away. eBay thinks it can survive just on Powersellers alone and I think the eBay-heads are dead wrong - YET AGAIN. On a level playing field I was doing rather well. But now I'm just a standard eBay userID again, and (really) it already feels pretty good. I'll throw away my stock in auctions over the coming months, perhaps I'll even get lucky and make a few quid. Valuables I might put up on Amazon and see how that goes. Whatever, it will be more fun that simply processing shop orders, which in the end I kind of got tired with - never the people, just the inventory. Plus I'm buying for myself again now, rather than for resale. Feels better. Don't get me wrong, I'm not trying to come across as one of those reformed smoker types, but it feels pretty good to not have to worry about who ordered what and when does it have to be delivered and how do you write "DO NOT BEND!" in Polish... And I'm not into "Let's all kick the Powersellers", either - after all, I'm still one myself as eBay won't cancel my subscription for some reason - standard incompetence I'm hoping. No, this is a case of trying to find the silver lining, and I think I have - from my point of view and circumstances anyway. I also think it is perfectly acceptable for any eBay member to simply say, "Hey, I like these changes". Me, I think the changes stink to high heaven but horses for courses.Best thing to come out of eBay then? Acaeum and Yog-Sothoth. Some things don't change because they don't need to. eBay maybe should take note.
eBay seller revolt to last a weekPosted Feb 17th 2008 11:10AM by Douglas McIntyreThe uprising against eBay (NASDAQ: EBAY) by its sellers is now scheduled to last an entire a week from February 18 to February 25. According to CNNMoney, "Sellers say eBay's new policies are likely to cost them more money, but what's really inspired an outpouring of wrath is an adjustment to eBay's feedback system: sellers will no longer be able to leave negative commentary about their buyers."Under the new system, egregiously bad behavior by buyers will not be shown to other customers coming to the auction site.The action does not come at a particularly good time for the big online auction company. Its shares have fallen from a 52-week high of $40.73 to under $28, fairly near their period low. Investors do not need another reason to be tempted to sell the stock.Why management made the move is still something of a mystery. Obviously the company believes that over time it will make more money with the new system, but the bad PR and loss of some business from sellers may offset that.A company that is already in the dog house with Wall Street would be better off waiting for good news and a recovery in its shares before making a move which risks harming its top line.Douglas A. McIntyre is an editor at 247wallst.com
Badmike wrote:BTW, one good result of the new policies...I don't see how this idiot will be able to do business on ebay anymore in any way, shape or form: Our old buddy Creep1962. His feedback is astonishing...he's managed to make Cougar look like a respectable seller. I mean, you actually have to try to be an asshat to get stars this bad:http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2Mike B.
benjoshua wrote:I told all my regulars about the strike and have at least one guy deciding to delay sales of his stuff for a week. No one's complained either, which was surprising since these changes appear at first glance to be tilted toward the buyer. All in all, this is better than expected.
megnelwil wrote:Has anyone noticed another eBay revenue stream developing over recent days? They are now making close on 0.05c on the dollar in UK to US Paypal currency conversions. This is on top of their fees, of course. Every which way you look, eBay has its hand stuck out. This is another area where their new buyer-is-God policies might backfire if international trading burns off.
