Sunday, February 8, 2009

Is The Online Giant Ebay Failing?

Is the internet giant failing? As an occasional seller on that giant (basically they gave us our start), we have seen a number of items come up with their policy that would leave you just scratching your head in wonder. The new DSR (Seller Rating), Feedback Policy, and the one of most recent, Paypal Only sight. They literally shot themselves in the foot with the last Policy change.

I think the answer to the question is yes. Is it to late to make some changes and get a comeback? Some speculators would say Yes it is a little late. With the economy being what it is, more people should listing items for killer bargins, but that is not the case. The stock for the giant is going lower and lower as the confidence in the site is dwindling. Some would ask me why would you care if they fail? You have a simular site format. My answer is simple; I do not so much want to see the sight fail. My reason for the statement is also simple, knowing to some degree ebay has the market cornered for its genre and market presence. The traffic the site gets is also very incredible, so knocking the site down a few notches may help a competitor come up in the ranks for volume.

Lets be real, monopolies rarely last. Having a competitor in the market place helps with the checks and balances, and keeps things competitive for the buyer and the seller. Should we be concerned with all these corporate businesses starting to fail? Yes, we should be concerned with this issue, but we need to also look at the bigger picture and get tougher than the economy. One day at a time will give the tell tail signs in the market.



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