REAMOND
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posted on October 30, 2001 10:57:34 AM
Meg said on 10-29 that ebay would meet revenue goals by rasing fees, offering financing for used cars sold on ebay, and expanding into Asia.
Apparently they do not believe her because the stock went down.
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thepackratsattic
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posted on October 30, 2001 12:16:48 PM
Let's see....the economy is in a tailspin....xmas aint looking real bright...listings & sales are off....
and RAISING fees is a solution????? that should help to no end!!!
Lot's of S&L's in the 80's thought they would do real well financing used cars too....
good luck!
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katssimi
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posted on October 30, 2001 12:22:58 PM
raising fees.....sigh
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REAMOND
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posted on October 30, 2001 12:51:01 PM
I didn't think the $3 billion in revenue was realistic before the terrorist attacks.
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Empires
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posted on October 30, 2001 01:08:52 PM
How synonomous [sp], Meg Speaks and the stocks drop. 
[ edited by Empires on Oct 30, 2001 01:09 PM ]
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thepackratsattic
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posted on October 30, 2001 01:09:34 PM
Maybe the problem within corporate america (& that includes ebay!) is the "Microwave Age" we are in.....everything is supposed to be INSTANT! CEO's are only truly worried about the next quarter......keep those stockholders happy for another 3 months & pass go to collect BIG bonus check! There is no such thing as LONG TERM thinking anymore in business. Layoff thousands for the sake of the year-end earnings report....we will deal with the backlash of that decision later! Raise prices to get perceived income UP.....we can cope with the loss of customers AFTER we get through the next board meeting! The heck with the LONG TERM affects....just get us into another quarter "looking good".
So long as corporate America makes "sacrifices" everywhere BUT the top....things will not be getting much better.
(dragging soapbox back to closet)
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CAgrrl
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posted on October 30, 2001 01:20:29 PM
raising fees? yahoo gets to be a better and better bargain every day.
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chum
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posted on October 30, 2001 01:34:46 PM
I hope they do raise the fees. That should help yahoo out. Something tells me yahoo will take off big some day. Also check out this clip from todays article.
Fixed-Price Push
EBay is putting resources into its fixed-price trading businesses, which analysts say are gaining momentum and attracting new customers.
The company said it is preparing to introduce "EBay Express Buys," a fixed-price service that will integrate its Half.com, Buy It Now and EBay stores operations.
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nowwhat
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posted on October 30, 2001 02:06:49 PM
chum ~ I agree with you regarding Yahoo. I think it will eventually give eBay some much needed competition and I hope it's soon.
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joep12
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posted on October 30, 2001 02:19:54 PM
How about Meg and the gang forgoing those big bonuses they all have became familiar with????? It's a same these corporate big wigs push all the burden to the little guy!!!!
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Empires
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posted on October 30, 2001 02:19:55 PM
Upon the price increase why not all of us move over to Yahoo! giving them the boost they need and taking the customers with us as a means of protest. Easy to do, and why not after all the hollow promises from ebay.
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chum
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posted on October 30, 2001 02:56:40 PM
I always thought if a large sum of sellers would stick together and move to another site that site would take off. All you need is some media attention to the move and that would help even more. eBay is not going to change till we stick together and hit them where it hurts...their wallet. When ebay raises their fees and she said they will that is the time to do it.
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GreetingsfromUK
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posted on October 30, 2001 02:58:24 PM
Listing on Yahoo.co.uk is free. I got bored as I had no visits or bids! An eBay lot of mine that closed on Sunday got 180 visits and sold for $14.50. A lot that closed on Monday had 131 visits and sold for $12.02. I am happy as I make a small profit!
[ edited by GreetingsfromUK on Oct 30, 2001 03:03 PM ]
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