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On January 13, eBay sellers received an unwelcome announcement from eBay. Fees were going up.
Partly due to our tendency to "skim" messages and partly due to the way in which the announcement was worded, the result was widespread panic and threats of mutiny.
Many sellers started to "boycott" eBay, and began taking their business to places like Yahoo auctions, and Overstock.com. After issuing another email "clarifying" the price increases, eBay finally sent everyone a "Message from Bill Cobb" on February 6.
Bill Cobb, who became President of eBay North America in December of 1004, stated that he'd been "taking it all in" and "thinking hard about how we can make sure eBay remains a fun, safe place to trade, and a prosperous home for our many dedicated sellers."
Cobb addressed the issue of fee increases, and concerns about customer support, trust and safety, and frequency of changes to the site.
Cobb also promised a number of improvements to customer service, a credit for store sellers and a reduction in the minimum insertion fees for auction style and fixed price listings. He even gave readers his email address and invited comments, promising to read every one of them!
The Bottom line here is that the most significant changes made will affect eBay Store owners. But Store items are offered at a price determined by the seller, so increased costs can be passed along to the buyer. This is what "real world" businesses do all the time. The cost of doing business rarely goes down and Business people learn to expect increases in overhead.
The reason for raising the "But it Now" listing fee is that eBay wants sellers to think harder about how they set prices in this category. Too many have been unrealistically high, which means merchandise doesn't turn over. It becomes "stale". eBay wants to see a fluid market, with quick turnover and fresh merchandise appearing all the time.
The Gallery image feature has gone up in price by about 30%, but the size of the image is being increased by 56%. Pictures sell products, and larger pictures mean that shoppers can see more details. I really don't see this as a bad thing.
If you haven't invested in eBay stock, now might be a good time (eBay intends to split shares on Feb.18). Investors are panicking over eBay's announcements, and their less than stellar 4th quarter 2004 performance in part due to major investments in China.
The dooms-dayers say the "bloom is off the eBay rose". I beg to differ. eBay is still the largest online auction venue, accounting for more volume than all of their competitors combined. There's no way eBay is going away, and it won't be long before sellers realize that business will go on as usual.
You can still make a great living on eBay, whether full or part time.
Carolyn Schweitzer is a retired dentist, eBay Powerseller, and ownner/editor of several websites. You can read the full article plus view eBay's price announcements and the letter from Bill Cobb at http://www.netbrainer.com/site/500041/page/473364
A politically dicey investigation into Wall Street banks allegedly rigging US Treasury auctions has stalled due to a lack of evidence, and it's unclear if the...
Sunday is the last day of the Barrett-Jackson auction and will feature the last round of high-powered collector cars.
What: Antiques Collectibles & Memorabilia. Where: USA Live Auctions; Auction Support Center, 4060 hacienda Ave. #100 Las vegas , NV 89118 United States.
“The Sell Sider” is a column written by the sell side of the digital media community. Today's column is written by Sara Badler, senior vice president of ...
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What: McPherson Griffin Southern Collection. Where: Childress Gaffney Auctions, 109 Cleveland Street, Greenville, SC 29601, United States. When: Feb 9, 3:00 ...
Several Arizona multimillion-dollar mansions, including one owned by Randy Johnson, could soon go to the highest bidder in a live Scottsdale auction.
At the Scottsdale Barrett-Jackson auction, 2020 Ford Mustang Shelby GT500 VIN No. 1 sold for $1.1 million. The proceeds go to juvenile diabetes research.
While no single work topped last year's $450.3 million “Salvator Mundi” painting by Leonardo da Vinci, plenty of other auction records were broken this year.
After 40 years of business in Boston's Back Bay, the recently shuttered L'Espalier auctioned off everything Wednesday — from its industrial dishwasher to its ...
Saturday drew big crowds for the Barrett-Jackson collector-car auction in Scottsdale, and also saw some of the highest bids. The first production 2020 Toyota ...
Get a peek at some of the collector cars that will be auctioned at Barrett-Jackson in Scottsdale on Sunday.
HARARE - The Zimbabwe Republic Police (ZRP) will on Wednesday auction 200 bales of clothes, shoes and other items in Graniteside, Harare. According to a ...
A rare penny that a Pittsfield teenager found in his lunch money more than 70 years ago was auctioned off for more than $200,000 on Thursday to a Concord ...
A 30858-square-foot Paradise Valley home that was once listed for $35 million is going up for auction later this month. The Paradise Valley home, called Villa ...
Invaluable said it sold half a million lots on its global marketplace in 2018, which is up 20% over the previous year and is up 130% over 5 years. The number of ...
Visitors formed long lines before daybreak on Tuesday to catch a glimpse of Tokyo's renowned tuna auctions — now at the Toyosu wholesale fish market — as ...
Meanwhile, works by female and African American artists continue to gain recognition.
Two dozen horses in poor condition were rescued from a local auction, and almost half had to be put down.
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Arizona Cardinals receiver Larry Fitzgerald auctioned off three of his cars at Barrett-Jackson in Scottsdale Saturday.
Artsy presents Rago Auctions: Modern Ceramics & Glass, featuring works by Dale Chihuly, Hans Coper, Yoichi Ohira, and more. In advance of the auction, ...
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Arizona Car Week kicks off this weekend with Barrett-Jackson, Bonhams, Gooding & Company, RM Sotheby's, Russo and Steele, Silver Auctions and ...
Artsy presents Rago Auctions: Lost City Arts - 36 Years of Collecting, featuring works by George Nakashima, Harry Bertoia, Vladimir Kagan, and more.
India plans 350 GW solar, 140 GW wind power capacity operational by 2030, with share of renewable energy in overall power generation targeted at 40%.
Intel may be set to expand its ninth-generation extreme CPUs by one more notch, though it's a curious mix and priced oddly. The alleged 9990-XE will drop four ...
The national auction clearance rate across the last quarter of 2019 fell to 43.6 per cent from 62.3 per cent the previous year.
Jeff Gordon is auctioning off a 2016 Corvette C7.R with supercharged 6.2-liter LT4 V8 engine to raise money for cancer research at Barrett-Jackson.
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In 1864, the Civil War raged on, with severe consequences both on the battlefield and in commerce. The greenback could not hold its value and Confederate.
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Baseball legend Randy Johnson's 25000-square-foot Paradise Valley mansion will go to the highest bidder on Jan. 31.
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Oregon. EUGENE. (Eugene Livestock Auction). Dec. 22. Head Count: 293. Comments: Market steady overall, good quality feeder calves $4-5 higher. Light test ...
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Fans of the A&E series, Storage Wars, will be able to see just what it's like to be on the hit reality show right here in the Hudson Valley.
A legendary Ford Mustang sold for a historic price at the Mecum Auctions event in Kissimmee, Fla., on Friday night when the bidding ended at $2,200,000.
The Anchor Bay High School Air Force Junior ROTC is accepting donations for its annual penny auction.
While the late-rapper was serving time in the mid-90's, he drew an explicit drawing for his then-girlfriend, which is now going up for auction.
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Artsy presents Rago Auctions: Mid-Mod, featuring works by Eero Saarinen, Tommi Parzinger, Paul Evans, and more. In advance of the auction, browse lots and ...
A building which once housed the printing presses of the Record-Courier has found new life as an auction house. The Ravenna Planning Commission approved ...
Those who can't make it to the Naples Winter Wine Festival's live auction Jan. 26 will have a chance to bid on a different set of extravagant lots online starting ...
A 1994 Club Car Golf Cart sold for $58,000 at Russo and Steele Collector Automobile Auctions on Thursday, with proceeds benefiting the family of fallen Salt ...
The ball used to famously sink the Pats in Week 14 sold for $16000 at auction!!!
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The fourth and final sale of Allan Williams' remarkable collection of Anglo-Saxon and Norman coins will take place Jan. 29 at Spink's London rooms in ...
Can't be at the Barrett-Jackson auction in person? See which vehicles draw the biggest bids on TV.
In tough rental markets it is not uncommon for someone to walk into a rental property and offer the agent a higher price.
Four luxury homes going up for auction in the same week by Robert and Miryam Knutson. They have been previously estimated in value for a combined $46 ...
The Mecum Auction's Kissimmee sale features an assemblage that includes rare road rockets from the 1930s through 1960s and beyond.
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A one-of-a-kind car auction has rolled into Osceola Heritage Park, inundating 190 acres with thousands of vehicles.
Among the items for sale Saturday at a southern Wisconsin auction business is a box of World War II German replica pins featuring swastikas.
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NORTHBROOK, Ill., Jan. 21, 2019 /PRNewswire/ -- Hilco Real Estate, LLC announces the date of February 28, 2019 as the online auction for the 29,302 sf ...
Paul Fosh Auctions has realised a business dream by launching its own lettings agency.The Newport-based auctions business has launched Paul Fosh ...
The Aroostook Centre Mall in Presque Isle, which like the Bangor Mall has suffered from tenants such as Sears closing shop, is listed by online auctioneer Ten-X ...
Honor the legacy of Martin Luther King Jr., check out an art and wine festival or see what's going on the block at a high-end car auction.
Jan 17 (Reuters) - Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved ...
A rare example of an 1885 Trade Dollar, intended to help improve commerce with China, sold for $3.96 million in Dallas, Texas, last week. Prominent Utah ...
The 13,000 square foot home that overlooks Roberts Bay will be sold fully furnished. In total, there is more than 20,000 square feet of covered space, both ...
Nadine Snyder, above, carries an oil painting titled “Early Spring” during the Project Gettysburg-Leon auction at Gettysburg College on Saturday. At right, the ...
Those who attended the Project Gettysburg-Leon auction at Gettysburg College on Saturday were treated to a buffet featuring several types of chili, salad, rice ...
PALM CITY — A 20-acre equestrian estate, part of the Box Ranches development near Indiantown, will be sold at auction Thursday to the highest bidder, ...
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A new auction house has opened in downtown Story City, and the owners want it to be more than a place to just buy and sell things. Kyle and Jennifer Miller ...
The Masterpieces and Uncommon Commons 77 auction is underway at Beckett Goodwin Auctions. Among the items is a one of-one 2017 Donruss Optic Rookie ...
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Pittsfield, Massachusetts resident Don Lutes Jr. struck auction gold with a copper penny that was accidentally created by the U.S. Mint. Lutes Jr. received the ...
Artsy exclusively presents BFAMI: Benefit Auction 2019. BFAMI supports Educational Programmes for Underprivileged Youth. Exciting benefit auction featuring ...
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On the Ten-X commercial real estate site the property's starting bid is listed at six and a half million dollars.
Slow banks have joined a property market correction in footing the blame for a Melbourne auction wipe-out that slashed more than 20 per cent from the citywide ...
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An auction is set for Jan. 26 to sell a variety of home building products at the last remaining vestige of Irwin Builders Supply Corp., which was sold last month to a ...
SCOTTSDALE, Ariz. (FOX 10) -- Actor Gary Sinise is perhaps best known for his role as Lieutenant Dan Forrest Gump and astronaut Ken Mattingly in Apollo 13.
French actress Catherine Deneuve shares her YSL items in auction, including the gowns she wore to the Academy Awards in 1993 and 2000.
Sears Chairman Edward Lampert has won a bankruptcy auction for the company with a plan that will keep the retailer in business and potentially save tens of ...
The Wyoming Auction Association Championship was held at the Ramkota.
Sears Holdings announced that the hedge fund owned by Eddie Lampert, its Chairman and largest investor, has reportedly won the bid to acquire Sears and ...
The Central Bank of Azerbaijan (CBA) received 350 million manats from banks at a deposit auction on Jan. 21, Trend reports referring to the CBA.
New City Arts and The Haven hosted their annual art auction in an effort to help homeless individuals in the area.
Stacy Luoma and her grandmother Arbilla Moore made off with about $515 in personal possessions once belonging to "Little House on the Prairie" star Melissa ...
The economy ministry is set to auction 5G mobile frequencies this autumn, with the criteria for selection depending on the government's China strategy, due to ...
Melbourne househunters are bursting out of the blocks to buy at auction this year, becoming “tired of waiting” for further price falls, a specialist auctioneer says.
I NEVER thought I'd see the day but I've changed - and in a way that I didn't think was possible.
A small Kentucky town is auctioning off a piece of history, a rare Thompson machine gun that could sell for an estimated $100000.
The first auction of exceptional quality diamonds extracted from the Lulo concession in Angola will be held on 31 January in Luanda, Australia's Lucapa ...
The highest-priced home in Santa Fe for 2019 may sell on Jan. 12. The 11-acre Casa Alegre estate in the north foothills will be on the auction block at the.
DALLAS TOWNSHIP, Pa. -- A New Year's Day antiques auction has been a tradition in Luzerne County for more than two decades. "I have come every year I ...
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