Posted on 01/21/2015 5:45:00 PM PST by Red in Blue PA
During the company's earnings call, eBay Chief Financial Officer Bob Swan said 2015 would present "real challenges" and forecast that "it will get worse before it gets better." Separately, the company said it entered into an agreement with billionaire activist Carl Icahn, the company's largest active shareholder, and will appoint Jonathan Christodoro, Icahn's pick, to its board.
(Excerpt) Read more at finance.yahoo.com ...
The last time it was “better” was about 8 years ago. We’ve been in economic Hell ever since.
He must have missed hussein Obama’s speech last night about how good things are.
When used crap isn’t selling, you know things are bad.
Obama reality continues to set in — think maybe they will learn now??
Perhaps I’m missing something key, but it’s always amazed me that this company makes money and has lasted as long as it has.
The economy is great. It’s the internet. All those old line brick and mortar retailers are in trouble. Radio Shack. Sears. JCPenneys. EBay.
Umm. Wait a second. The White House needs to revise their talking points. I’ll get back to you later with the party line.
“eBay Chief Financial Officer Bob Swan said 2015 would present “real challenges” and forecast that ‘it will get worse before it gets better.’”
Yeah, at least 2 more years of wanton, scorched earth destruction by Barry Soetoro before there’s any hope of things getting “better.”
If there’s anything remaining to “get better.”
Some people want way more than something is worth in a more than a few cases.
That being said, I have found a few bargains when it comes to oddball things I like to use as props. Mostly military surplus, old airplane instruments, and the like.
I hope to the macro for the Lumix at some point and get back into making stuff.
Netflix was up $55 a Share yesterday. Just sharing. #;^)
So, how is that “No firearm related item sales” working out for ya?
eBay has several problems...
1. Seller fees are too high. eBay’s greed is chasing sellers away.
2. The deck is stacked against the seller who has no protection against crooked buyers. In a dispute, eBay will always side with the buyer regardless of the facts.
3. To add insult to injury, eBay has now extended the time the buyers have to return items they claim are “not as described” to 6 months, which is insane.
4. The eBay feedback system was deliberately emasculated so that a seller has no public recourse against a bad buyer.
5. eBay constantly changes how their system operates without warning, which can confuse buyers and sellers alike.
Stop the stupid easy return program. You're costing your sellers a whole lot of money for no reason.
Start paying attention to your sellers. Guess what, without sellers paying fees, you don't make any money.
Don't want to do that? Start collecting fees from buyers, and stop collecting fees from sellers.
You've lost at least 100,000,000 auctions a year, and 50,000,000 buy it nows with your policies. Those sellers have gone out and founded and created competitors to your market. ‘Find it on eBay’ is quickly becoming no longer true. And all those lost listings means that much less cash in your pocket, and potential final value fees from sales. That's pretty much the amount of money you are short, and have to cut your staff. And it will get worse this year unless you drastically change course.
7. They do not allow gun accessories to be sold.
(Probably should be #1 reason, not 7)
Don’t forget entire swaths of sellers deleted for hours at a time as their systems keep crashing.
Liberalism has taken over at eBay.
Good things turn to **** when that happens.
Ebay got way too expensive for their sellers. They killed their golden goose.
Ebay treats their American sellers like the enemy rather than the paying customers.
They went through a huge purge last year of longtime Sellers that fell below ebays horrendous, unfair Star rating system. From what I read over 100,000 were purged and told never to come back.
Well guess what? That made over 100,000 people that will never buy another thing on ebay. If they ever lock me out, I will never buy another thing there.
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