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eBays Latest Fee Increases--Is this the beginning of the end?


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


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Tue. October / 23 / 2018

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EXCLUSIVE-China's Huawei opens up to German scrutiny ahead of 5G auctions - NEWSTAGE

EXCLUSIVE-China's Huawei opens up to German scrutiny ahead of 5G auctions
NEWSTAGE
... 23 (Reuters) – Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction.


Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - Investing.com UK

Investing.com UK

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
Investing.com UK
UL] will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move follows Australia's decision to ban ...


Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - Reuters India

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
Reuters India
FRANKFURT (Reuters) - Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum ...


Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - Business Standard

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
Business Standard
By Douglas Busvine. FRANKFURT (Reuters) - Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's ...

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China's Huawei opens up to German scrutiny ahead of 5G auctions - ZAWYA

ZAWYA

China's Huawei opens up to German scrutiny ahead of 5G auctions
ZAWYA
FRANKFURT - Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction.

and more »

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - Yahoo Finance UK

Yahoo Finance UK

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
Yahoo Finance UK
UL] will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move follows Australia's decision to ban ...

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Huawei Technologies opens security lab in Germany ahead of 5G auctions - Devdiscourse

Devdiscourse

Huawei Technologies opens security lab in Germany ahead of 5G auctions
Devdiscourse
Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move ...

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Huawei Technologies opens security lab in Germany ahead of 5G auctions - Devdiscourse

Devdiscourse

Huawei Technologies opens security lab in Germany ahead of 5G auctions
Devdiscourse
Chinese's Huawei Technologies Co Ltd will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move ...


Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - Investing.com

Investing.com

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
Investing.com
UL] will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move follows Australia's decision to ban ...

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Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions - One America News Network (press release)

One America News Network (press release)

Exclusive: China's Huawei opens up to German scrutiny ahead of 5G auctions
One America News Network (press release)
UL] will open a new information security lab in Germany next month that will enable source code reviews, in a step aimed at winning regulators' confidence before the country's 5G mobile spectrum auction. The move follows Australia's decision to ban ...

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