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Ebay investors beware
vanity | 19 Jan 05 | self

Posted on 01/19/2005 2:55:35 PM PST by Lokibob

Read this.  Ebay sellers are up in arms, mass resignations.
 
 
 


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KEYWORDS: auctions; ebay; investment; move2bidville
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Due to the high fees just announced by ebay, a lot of the small sellers are moving to other auction sites. I have closed my ebay store and moved elsewhere.

Ebay expects that their bottom line will go up, but I really doubt it.

1 posted on 01/19/2005 2:55:37 PM PST by Lokibob
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To: Lokibob

Check out the high bid. and 50 people already bid on it.


2 posted on 01/19/2005 2:57:12 PM PST by Lokibob (All typos and spelling errors are mine and copyrighted!!!!)
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To: Lokibob

KAOS was in Get Smart. Chaos is something completely different.


3 posted on 01/19/2005 2:57:44 PM PST by Andyman
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To: Lokibob

I am a huge eBay power seller platinum level and while I am not happy about the fee increase and I feel as though I have been held up at gun point I ask you this question:

Where you gonna go?

eBay is great because the have over 140 Million active users. There is no other auction site to go to.


4 posted on 01/19/2005 2:57:58 PM PST by The Mower
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To: Lokibob

Invalid Item

This listing (6505708303) has been removed by eBay. Make sure that you've entered the item number correctly.

Please consider this listing and transaction as cancelled. If anybody contacts you to complete the sale, please ignore the request. Completing the sale outside of eBay may be unsafe and will not be covered by eBay purchase protection programs.


5 posted on 01/19/2005 2:59:33 PM PST by CyberCowboy777 (Well.... I'll be)
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To: Lokibob

They just pulled your auction.....


6 posted on 01/19/2005 3:00:55 PM PST by knews_hound (Out of the NIC ,into the Router, out to the Cloud....Nothing but 'Net)
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To: CyberCowboy777

The description did say that Ebay had removed the lot several times already.


7 posted on 01/19/2005 3:01:10 PM PST by Incandesia (Please don't eat the Newbie)
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To: The Mower

I am a huge eBay power buyer, empty wallet level, and as such I don't see what the sellers see. But correct me if I'm wrong, won't the sellers have to increase their prices on most listings to cover the eBay increase, and won't that increase be ultimately paid by me, the buyer?


8 posted on 01/19/2005 3:02:27 PM PST by Sender (Team Infidel USA)
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To: Lokibob

You scared the investors!

Look at the stock price today and after hours:

http://finance.yahoo.com/q?s=EBAY


9 posted on 01/19/2005 3:03:16 PM PST by OneTimeLurker
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To: The Mower

I joined 3 different auction sites. One of them has no listing fees, free store, 3 million members, and 10 cent gallery. I'd give the name, but it is probably inappropiate.

Been there a week and had great hits (although the sales have been slow, both on ebay and there).

You power sellers are going to be ok, just pass the fees on to the buyers, but the rest of us who struggle every day to get a % or 2 out of each sale are SOL.


10 posted on 01/19/2005 3:04:20 PM PST by Lokibob (All typos and spelling errors are mine and copyrighted!!!!)
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To: Lokibob

can you post the pre-pulled contents of the auction here in this thread?


11 posted on 01/19/2005 3:05:31 PM PST by George from New England
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To: Lokibob

It's their site and it has the best name recognition, plus the ease of PayPal.


12 posted on 01/19/2005 3:05:42 PM PST by socal_parrot
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To: Lokibob

Where's everybody going?


13 posted on 01/19/2005 3:05:45 PM PST by The Ghost of FReepers Past (Legislatures are so outdated. If you want real political victory, take your issue to court.)
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To: Incandesia

ok, since they pulled it, it was a letter of resignation for the ebay management team. LOL


14 posted on 01/19/2005 3:06:35 PM PST by Lokibob (All typos and spelling errors are mine and copyrighted!!!!)
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To: The Mower

But you get 1/2 price rates. Don't you?


15 posted on 01/19/2005 3:06:58 PM PST by The Ghost of FReepers Past (Legislatures are so outdated. If you want real political victory, take your issue to court.)
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To: Sender

Only if you choose to buy. Elasticity of demand.


16 posted on 01/19/2005 3:07:09 PM PST by johnb838 (Oldthinkers unbellyfeel Amsoc)
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To: Sender

Some are trying to pass it along through outrageous shipping fees, so you have to be careful and see what they are charging up front. Otherwise though, there's no way to pass fee increases along at an auction. An item has a basic value and and people will only pay what it's actually worth.


17 posted on 01/19/2005 3:07:14 PM PST by SoDak (I am a raindog too)
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To: Sender
I am a huge eBay power buyer, empty wallet level

ROTFL! It's hard to raise prices at an auction. If it doesn't sell then you're out the listing fees.

18 posted on 01/19/2005 3:08:43 PM PST by The Ghost of FReepers Past (Legislatures are so outdated. If you want real political victory, take your issue to court.)
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To: The Ghost of FReepers Past

I have moved to bidville.com

Admin mod, if this is inappropiate, pull this remark, please.


19 posted on 01/19/2005 3:08:46 PM PST by Lokibob (All typos and spelling errors are mine and copyrighted!!!!)
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To: Lokibob

Down 12% in after hours trading in addition to the 3% drop today!!


20 posted on 01/19/2005 3:08:56 PM PST by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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