Wednesday, February 18, 2009

My Response to a Query about the Future of eBay

Good afternoon! I just read a very interesting article which ponders the future of eBay (as its next annual shareholder meeting is only two months away) over at The Motley Fool called "Give eBay a Kick in the Pants" and I thought it was an article worthy of commentary. Here is my response to the article:

On February 18, 2009, at 2:58 PM, CityChic wrote:

What should eBay do? lol - It's way too late for eBay to do anything. The good news is we don't need eBay to do anything anymore as we now have a new and better venue to buy and sell and that is www.Bonanzle.com.

Like others before me have said www.Bonanzle.com is the place to be. Bonanzle is growing faster than you can imagine - but if you come over and check it out, you won't have to imagine... Former eBay buyers and sellers are fleeing there by the thousands at a record pace.

So eBay, don't worry, you don't have to do anything to try to recover, because quite simply, we don't need you anymore. www.Bonanzle.com has solved your problems for you.



I think the above pretty much sums it up it for eBay, don't you?

4 comments:

Kim said...

Very good job! I think you speak for the majority here. Nothing eBay can do at this point for me to gain my trust back!

Nicole Lauren said...

Thanks Kim! Yeah, sometimes a company has to know when to cut its losses, huh?

sparkklejar said...

eBay could actually do a lot, however it would require a huge backpedal of most policies 'inflicted' since May 2008, it would also require a drastic change in upper management and other staff positions. Topped off with the tedious application of retaining the new found eBay buyers & gaining back the long time eBay sellers that have left. I don't think it realistic to say that ebay will be prideless enough to backpedal, thourough enough to invest in a customer retention program & frankly IMO the resources aren't there. A revamp would take years, maybe it's time for eBay to go juried or just quit.

Bill said...

LOL, your response to the Motley article gave me a good chuckle.