posted on September 9, 2000 12:12:35 PM new
No, I hold NO stock in any of these online businesses; I have NO financial interest in eBay 0R amazon 0R Yahoo!
I do, however, feel after my own firsthand personal experience at amazon auctions, where my eBiz and physical health were detonated & demolished, to encourage the itsy bitsy liddle widdle seller who runs a similar type of microbusiness to my own, that the """nanoeconomics""" (? whaddis it called ?), the nanoeconomics of microeBiz, does NOT, imHo, support a move from eBay, Inc. to any of the secondary, mediocre, substandard online """"auction"""" venues.
Each sole proprietor must decide for him/herself what to do.
I spent a month researching a number of the other 1400+ substandard ""auction"" venues, and I am sorry I wasted my precious time on same.
That's my point exactly Ebay ain't gonna fail as you put it.
I think they are doing whatever they can to do cement their interest's in the market.
We have seen them buy out a number of different companies,yet they are not after any other auction sites.They are after companies that are associated with the auction bizz.
Makes sense its your bizz,you created it etc etc so buy whatever you can thats a spin off.
I think ebaY although some would disagree (as in any business some are going to question your decisions),that they are making the right moves.I would not have partnered with Andale but I would have gone after some like this site.
Makes perfect sense to offer credit card transactions,I debated for 6 months whether to get a merchant account.I am sure we all get bombarded with offers daily,some quite cunning.But the cost WOW too high.
But I heard that ebaY was getting into that way before Billpoint appeared so I figured let ebaY do it.
Billpoint is still cheaper than a merchant account,so although ebaY gets the money they still save me money by way of an additional business expense.Did that make sense?
The test is going to be this holiday season will the ability to take credit card affect the bidding.
If I was ebaY right know I would blitz this holday season with adds,like pay for your items with a credit card,through sellers using Billpoint blah,blah,blah.
Etc,etc.
On another thread someone had mentioned that the sale per item had dropped on their auctions and I had noticed this too.I have moved from higher priced goods to lesser ones with similar profit.Though total volume sales are off profit has stayed the same.
Although with moving and the problems I have had getting the business up and running due to the move.Problems associated with it etc etc.I have not listed as much as I would so therefore total sales would be affected too.
posted on September 9, 2000 10:51:31 PM new
If you think about it, it made sense for eBay to buy Half for a number of reasons.
1. They get a fixed-price marketplace without having to tinker with their golden goose.
2. Half was gaining market share (still is) and could have offered auctions themselves. As a destination site for SHOPPERS, their auctions could have taken off in a big way.
posted on September 10, 2000 08:21:53 AM new
adrian asked, "Billpoint is still cheaper than a merchant account,so although ebaY gets the money they still save me money by way of an additional business expense.Did that make sense?"
~ ~ ~ ~
Yep!
Makes perfect sense to me -- I've been waiting on the ELECTRONIC CHECKS for quite some time, myself, lol.
I am very interested to see that YOU, a big ol' power seller, lol, ALSO did not believe that it was financially viable to PAY-THROUGH-THE-NOSE for a Merchant Account.
Me, neither - not for my mini-microbusiness, NO way!
posted on September 10, 2000 05:06:29 PM new
Dave: in one of the early news articles about the acquisition of 1/2 by eBay, eBay specifically said it would have taken them over 6 months to develop any similar type of fixed-price search engine, and that is simply toooooo mucha time, for online R&D.
