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eBays Latest Fee Increases--Is this the beginning of the
end?
On January 13, eBay sellers received an unwelcome announcement
from eBay. Fees were going up.
Partly due to our tendency to "skim" messages and partly due
to the way in which the announcement was worded, the result was
widespread panic and threats of mutiny.
Many sellers started to "boycott" eBay, and began taking their
business to places like Yahoo auctions, and Overstock.com. After
issuing another email "clarifying" the price increases, eBay
finally sent everyone a "Message from Bill Cobb" on February
6.
Bill Cobb, who became President of eBay North America in
December of 1004, stated that he'd been "taking it all in" and
"thinking hard about how we can make sure eBay remains a fun,
safe place to trade, and a prosperous home for our many dedicated
sellers."
Cobb addressed the issue of fee increases, and concerns about
customer support, trust and safety, and frequency of changes to
the site.
Cobb also promised a number of improvements to customer
service, a credit for store sellers and a reduction in the
minimum insertion fees for auction style and fixed price
listings. He even gave readers his email address and invited
comments, promising to read every one of them!
The Bottom line here is that the most significant changes made
will affect eBay Store owners. But Store items are offered at a
price determined by the seller, so increased costs can be passed
along to the buyer. This is what "real world" businesses do all
the time. The cost of doing business rarely goes down and
Business people learn to expect increases in overhead.
The reason for raising the "But it Now" listing fee is that
eBay wants sellers to think harder about how they set prices in
this category. Too many have been unrealistically high, which
means merchandise doesn't turn over. It becomes "stale". eBay
wants to see a fluid market, with quick turnover and fresh
merchandise appearing all the time.
The Gallery image feature has gone up in price by about 30%,
but the size of the image is being increased by 56%. Pictures
sell products, and larger pictures mean that shoppers can see
more details. I really don't see this as a bad thing.
If you haven't invested in eBay stock, now might be a good
time (eBay intends to split shares on Feb.18). Investors are
panicking over eBay's announcements, and their less than stellar
4th quarter 2004 performance in part due to major investments in
China.
The dooms-dayers say the "bloom is off the eBay rose". I beg
to differ. eBay is still the largest online auction venue,
accounting for more volume than all of their competitors
combined. There's no way eBay is going away, and it won't be long
before sellers realize that business will go on as usual.
You can still make a great living on eBay, whether full or
part time.
Carolyn Schweitzer is a retired dentist, eBay Powerseller, and
ownner/editor of several websites. You can read the full article
plus view eBay's price announcements and the letter from Bill
Cobb at http://www.netbrainer.com/site/500041/page/473364
 MORE RESOURCES updated Thu. February / 09 / 2012
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Muckdogs planning for Hot Stove eventThe Daily News OnlineBATAVIA — The Genesee County Baseball Club will conduct its annual Batavia Muckdogs Hot Stove dinner and auction on Friday, March 2, 2012, from 5:30 to 8:30 pm at Terry Hills Golf Course and Banquet Facilities at 5122 Clinton St. Rd. Tickets are $25 ... |
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After kickbacks row, AP to review excise policyZee News"The next round of auctions is due in June. So we should have a new policy in place before that," the Minister added. "Syndicates are neither new nor restricted to liquor trade alone. Syndicates exist in sand and other businesses as well," Mopidevi ...and more » |
Parda Phash |
Pay more for your favorite beverage!Parda PhashSo the prices of this variety of tea are expected to go up at auctions. It will push up CTC tea retail prices in the domestic market," Arun N. Singh, managing director and chief executive of tea major Goodricke Group, told reporters over phone.and more » |
Google News
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Sometimes the simplest things can boost the number of
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Whether you're succeeding in your online auction attempts,
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