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eBay Inc. (EBAY) Message Board

  • educated_heel educated_heel Jun 21, 2014 11:37 AM Flag

    eBay is in trouble

    I've been selling on eBay for years and been a member since 1998. They have increasingly been unfriendly to sellers by increasing fees and promoting set up to fail you DSR's, detailed seller ratings that squeeze your margins but the recent hack seems to be the straw that broke the camel's back. I cruise message boards such as one called Former eBay Sellers. One of the biggest complaints is something called the MC999 where they just arbitrarily kill your business for pretty much any reason they feel like with no appeal and that's it, you're out of business and it's been stressful for small business people who depend on them. It happened to me when I refused to give in to buyers who were trying to scam me. It's set up so that you must cave in to the buyer demands no matter what, no matter how rude and dishonest they may be acting. If you get negative feedback, no matter how undeserved, it's MC999 for you. Even when the customer is an @$$h()!e, the customer is always right so sellers are very disenchanted and it shows however the straw that appears to be breaking the camel's back is the recent hack to caused all users to reset their passwords resulting in traffic and sales volume being way down. This is anecdotal information but when you do a completed listings search for whatever item unless it's a super hot seller, you can see a sharp demarcation between before the hack and after the hack and long time sellers are posting on boards that their sales have never been so low in any format, auctions which have been dead for some time and bin, buy it now. I'm telling you right here and right now, they're going to miss their numbers big time in three weeks. Donohoe has been a terrible CEO and he ruined the company for the smaller sellers who sell the interesting vintage stuff in favor of the commodity cell phone accessory type dealers who sell thousands of the same items. They killed the collectibles dealers, the ones who made eBay. I recommend shorting this sucka

    Sentiment: Strong Sell

 
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