Saturday, June 26, 2010

Ebay - Turnaround? ..Or Spinning Its Wheels!


"Gala Apples"


Saw this on a blog and got permission to print it here....dem's my feelings exactly:

Whatever happens to Ebay in the months ahead, it will change. Definitely not the turnaround Donahoe wants but it will change or it will die! Simple as that. For over 2 1/2 years he has been promising a turnaround and a big change....that is NOT happening. Ebay has stagnated from quarterly report to quarterly report and now depends heavily on Paypal's success (which also is not forever). At this point about the only hope Ebay has is to oust present management and his team and hire people experienced in online sales and what it takes to make those sales (the latter being the most important). Donahoe relies on Ebay's name and since that isn't working he probably doesn't know which way to turn at this point. The result is nothingness...a stagnation that will kill.

If Ebay were my site I would immediately divide it in the style of Overstock...with the diamond sellers on one side selling retail and the small sellers on the other side selling auctions and BIN's. Its Ebay's only hope and that hope is fading as days go by. Sellers are leaving and other sites ARE getting a foothold - whether Ebay wants to admit that or not!

Ebay needs to bring community and fun back to the auction side. They need to let up on some of those draconian policies that are chasing sellers away. Make it okay for sellers to make a profit selling on the site!

Take the power to destroy sellers out of buyers' hands and make that an administrative decision! Get rid of the childish DSR's and go back to relying on feedback and that percentage figure of negs and neutrals.

Ebay needs to get their hands dirty - get into the trenches and work with buyers and sellers. Time is gone where they could simply sit back and rack in the money....they need to realize this.

Grannygoodpaint:

I have one word for John Donahoe: Rakuten. I think he best work and work fast on a logical turnaround that is built for success and not the quick buck. Rakuten wants world dominance and they are aggressively working on it. Its only a matter of time before they reach out to US buyers...AND...US sellers...! ;-)



My painting for today....Gala Apples - an apple for the teacher?

2 comments:

  1. > Definitely not the turnaround Donahoe wants

    Appears to be a common theme in various articles.

    With whimsy in mind ...
    An Ode to eBay, a 4th of July medley.


    eBay's Turnaround Stalls, Along with Stock's Upward Mobility
    Posted Jul 1st 2010 1:10PM
    by Brian White
    http://www.bloggingstocks.com/2010/07/01/ebays-turnaround-stalls/

    "Where is eBay (EBAY) going these days?"

    Emotion (1978)
    Samantha Sang & The Bee Gees
    http://www.youtube.com/watch?v=TrCwlrbxiMY


    "the transition to bulk discounter from garage-sale auction house hasn't really occurred like CEO John Donahoe wanted it to.

    Instead, we see eBay's marketplace still filled with one-off auctions for all kinds of goods (and junk trading hands) along with thousands of Chinese-based bulk sellers selling everything for a few dollars each."

    Stayin' Alive (1977)
    The Bee Gees
    http://www.youtube.com/watch?v=IHWeuQyFouo


    "It appears things aren't working as planned at eBay."

    > Definitely not the turnaround Donahoe wants but it will change or it will die! Simple as that.

    If I Can't Have You (1977)
    The Bee Gees
    Yvonne Elliman
    http://www.youtube.com/watch?v=yf1QLjXmoHk

    /*

    Titanic (1997) Theme Song
    My Heart Will Go On
    Celine Dion
    http://www.youtube.com/watch?v=saalGKY7ifU

    ReplyDelete
  2. Ms. Pat,
    Thank you for commenting on my blog and pointing out my error. I do wish you would read the entire article though. I make some good points. I do agree with you 100% that Ebay is into world dominance. I think it goes back to long before Donahoe, he's only continued the tradition. But again, that opinion is only based on my gut hunch. Hope to hear from you again.
    Au Revoir,
    ♥Danette

    ReplyDelete