kritter
Mod Squad
When we lose sight of how we treat animals, we tend to lose sight of our humanity
Posts: 19,918 
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Post by kritter on Jan 27, 2016 23:24:17 GMT
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Post by mupcycledcouture on Jan 28, 2016 1:19:02 GMT
Of course it did. I am thinking a sell off will be imminent. Stock holders wont want to lose much more and will want to take their losses.
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Post by chapeaunoir on Jan 28, 2016 1:33:31 GMT
Under Chief Executive Devin Wenig, eBay is embracing more cost-conscious consumers, while emphasizing the unique and hard-to-find inventory for which it became known. The retailer had tried for years to bulk up its new offerings from well-known brands.
I call bogus on that! That's what Wenig SAID he wanted to do - all we're getting is more Chinese rubbish, a catalog shoved down our throats and cookie-cutter policies. AND small merchant listings relegated.
Doing that, fixing some of the invasive policies that create the necessity for a large CS department and hiring a few competent programmers to fix the search engine would probably do a lot to restore earnings. But the only move towards that is at least jettisoning most of that ridiculous defect scheme.
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val2525
Chaos Manager
Posts: 30,824
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Post by val2525 on Jan 28, 2016 7:25:34 GMT
Did you see where PayPal is going to do a stock buyback? Curious.
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Post by jellybeanscloset412 on Jan 28, 2016 18:14:43 GMT
I saw a report yesterday too. Paypal is doing great. Ebay has had losses 4 straight quarters in a row.
I also saw a report on how to make money selling your stuff. Which is common this time of year. What was different was they not only mention Ebay but about 4 or 5 other places.
Some I've heard of like Tradesy and Poshmark but others I've never heard of. The others were for electronics and other household stuff not just clothing.
My point is Ebay has alot of competition now. It stinks because they were an innovative company in the beginning but they have lost their edge. There are so many imitators.
It used to be Amazon, Craigs List and maybe Etsy. Now resellers are everywhere! It is a multi billion dollar industry.
Ebay needs to pull away from the pack with some new ideas. Anything they have ever come up with has fallen flat. They need to go head hunt the best of the best engineers and get rid of the slackers they have now.
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Post by RetroMonde on Jan 28, 2016 20:19:04 GMT
I saw a report yesterday too. Paypal is doing great. Ebay has had losses 4 straight quarters in a row. I also saw a report on how to make money selling your stuff. Which is common this time of year. What was different was they not only mention Ebay but about 4 or 5 other places. Some I've heard of like Tradesy and Poshmark but others I've never heard of. The others were for electronics and other household stuff not just clothing. My point is Ebay has alot of competition now. It stinks because they were an innovative company in the beginning but they have lost their edge. There are so many imitators. It used to be Amazon, Craigs List and maybe Etsy. Now resellers are everywhere! It is a multi billion dollar industry. Ebay needs to pull away from the pack with some new ideas. Anything they have ever come up with has fallen flat. They need to go head hunt the best of the best engineers and get rid of the slackers they have now.
Wow, I can't click & highlight a portion of the quote here either, just like I can't in my eBay listing description. Oh well... just wanted to comment that they've come up flat with their innovations because they don't ask US, the users. Suits & programmers just don't have any idea how the site works from our end and maybe not as buyers either. If they were interested they'd ask... it's a lot easier to just sell ad space on our listings. |
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Deleted
Deleted Member
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Post by Deleted on Jan 28, 2016 20:47:41 GMT
I saw a report yesterday too. Paypal is doing great. Ebay has had losses 4 straight quarters in a row. I also saw a report on how to make money selling your stuff. Which is common this time of year. What was different was they not only mention Ebay but about 4 or 5 other places.
Some I've heard of like Tradesy and Poshmark but others I've never heard of. The others were for electronics and other household stuff not just clothing.My point is Ebay has alot of competition now. It stinks because they were an innovative company in the beginning but they have lost their edge. There are so many imitators. It used to be Amazon, Craigs List and maybe Etsy. Now resellers are everywhere! It is a multi billion dollar industry. Ebay needs to pull away from the pack with some new ideas. Anything they have ever come up with has fallen flat. They need to go head hunt the best of the best engineers and get rid of the slackers they have now. I saw that too and a day or two later another bit on bargain shopping that mentioned Tradesy and a few BM consignment stores. Also paid my first visit to a Clothes Mentor the other day - what a beautiful store, you don't feel like you're in a thrift/consignment store at all and the prices were decent for someone shopping for themselves who isn't used to GW/SA prices. |
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Post by jellybeanscloset412 on Jan 28, 2016 21:15:20 GMT
Sandra, you're right. I remember back in the day the reps at Ebay would say they also sold on Ebay. Now they can barely speak English! No offense to anyone.
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Post by jellybeanscloset412 on Jan 28, 2016 21:18:27 GMT
I saw a report yesterday too. Paypal is doing great. Ebay has had losses 4 straight quarters in a row. I also saw a report on how to make money selling your stuff. Which is common this time of year. What was different was they not only mention Ebay but about 4 or 5 other places.
Some I've heard of like Tradesy and Poshmark but others I've never heard of. The others were for electronics and other household stuff not just clothing.My point is Ebay has alot of competition now. It stinks because they were an innovative company in the beginning but they have lost their edge. There are so many imitators. It used to be Amazon, Craigs List and maybe Etsy. Now resellers are everywhere! It is a multi billion dollar industry. Ebay needs to pull away from the pack with some new ideas. Anything they have ever come up with has fallen flat. They need to go head hunt the best of the best engineers and get rid of the slackers they have now. I saw that too and a day or two later another bit on bargain shopping that mentioned Tradesy and a few BM consignment stores. Also paid my first visit to a Clothes Mentor the other day - what a beautiful store, you don't feel like you're in a thrift/consignment store at all and the prices were decent for someone shopping for themselves who isn't used to GW/SA prices. Fashion, I like CM too! I was telling my daughters about it. They make me go to Platos Closet. Everything at Platos is very worn and priced 8.00 or 15.00! |
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Post by chapeaunoir on Jan 28, 2016 22:09:42 GMT
it's a lot easier to just sell ad space on our listings.
Yes! They're still hankering after that failed Amazon-lite idea because the Suits don't have any vision. At all. So they scramble with short-term 'solutions' to try to get the earnings up THAT quarter for the shareholders, but have no long-term idea as to what to do with eBay. They're not going to make it with their current model if they haven't for the last six years without Paypal propping them up.
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Deleted
Deleted Member
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Post by Deleted on Jan 28, 2016 22:25:35 GMT
Ebay needs to get back to being seller friendly and lose all the micromanaging of auctions. A lot of big sellers left to start their own sites and they need to bring sellers back in the fold. Won't happen unless they start really backing their sellers.
Advertising - I don't recall any adverting except a sell your phone campaign. They should start flooding the stations with commercials advertising more than electronics. To buy!
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Post by RetroMonde on Jan 28, 2016 23:13:01 GMT
That's just it- they advertise to sell on eBay constantly but rarely encourage shoppers to come on in & have a good browse. I used to browse for hours when I was killing time at my skate shop (but that was 10 years ago before they broke search) but rarely do it anymore.
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Shirley U Geste
Chaos Manager
Cats, cats, cats and more cats!!
Posts: 10,385
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Post by Shirley U Geste on Jan 28, 2016 23:33:24 GMT
They need to realize that they can't compete with Amazon or be Amazon and stop encouraging sellers who sell the same cheap crap that you can get everywhere else.
What made ebay special was the ability to find the unusual and hard to find items. ebay has done their best to drive those kinds of sellers off the site which has made those buyers look elsewhere.
And they need to get serious about programming. Putting in all kinds of bells and whistles and cosmetic changes don't make a site work. They need to fix the basic infrastructure of ebay and make search work. And they would be well served in getting a programmer who knows about the business of the program they are making. For example, have someone with clothing experience in charge of writing the clothing programming changes, so the IS would reflect actual fabrics, actual styles, realistic categories, etc.
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Deleted
Deleted Member
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Post by Deleted on Jan 29, 2016 1:34:45 GMT
It might also help if they stopped driving traffic to threadup. The ads for the full price retailers are bad but at least they show sky high prices.
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val2525
Chaos Manager
Posts: 30,824
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Post by val2525 on Jan 29, 2016 7:08:33 GMT
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Post by Emerald_Door on Jan 29, 2016 15:11:05 GMT
The search function worked better 15 years ago. The results were accurate and complete. Now it's harder to find what you're searching for.
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