There is a really interesting article about eBay on the Antique Trader site.
Will eBay bounce back?November 11, 2009
by Eric Bradley
by Eric Bradley
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A few years ago many of us were complaining that finding “it” online was the final nail in the coffin of every brick and mortar shop around. A recent Associated Press report now states that eBay subsidiary PayPal could overtake the giant online marketplace in gross revenues by 2011. It’s not that surprising since eBay remains an online marketplace and PayPal has the capacity to be used everywhere for a variety of goods and services.
But why isn’t eBay projected to grow in lock step with PayPal? After all, we who stood by the behemoth when it required us to accept PayPal for every transaction dutifully signed up and paid the fee for the right to do commerce on eBay.
The crippling snag is likely due to a slew of major site and policy changes that occurred at the same time as a calamitous worldwide financial meltdown.
During the past two years eBay has worked to develop new ways to claim their rightful share in the millions of transactions through its sites. EBay had every right to find new ways to make money from the site – business is business. However, the difficulty came when it started to over regulate the transactions and encourage sellers of antiques to “get in line” or get out.
Click here to read the rest of the article.
