07-16-2014 12:22 PM
In the last two months much as been written here and on eBay.com boards about lower traffic and lower sales by many sellers. A few even predicted (as usual) the demise of eBay..
At 5:00pm (Eastern) today, Wednesday July 16th, eBay will release its financial information for the three months ended June 30th, 2014. The information will be available from most financial information sites and, as always, on the eBay.com site, soon after 5:00pm:
http://investor.ebayinc.com/financial_releases.cfm
Now, keep in mind that many of the problems affecting many sellers started mid-May (announcement of security breach and change in Google search results for eBay listings). As such, the effect will not be fully reflected in the quarterly results.
Special attention should be paid to the projections eBay management will give for the current quarter and the rest of the year.
Be informed. Get the facts from the source. It will help you form an informed opinion. Much better than speculation!
07-16-2014 12:57 PM
07-16-2014 02:06 PM
But Pierre....speculation may not be accurate but it is much more fun!
07-16-2014 02:47 PM
The sky is falling... The sky is falling... oooops! The sky has fallen!
07-16-2014 03:15 PM
OUCH!
07-16-2014 05:09 PM
07-16-2014 05:10 PM
07-16-2014 05:40 PM
eBay CEO: cyber attack "clearly impacted" business
07-16-2014 07:15 PM
eBay CEO: cyber attack "clearly impacted" business
Well clearly ebay made a 13 % gain over last year making 4.4 billion this 1/4. Obviously many of us are hurting in the sales department, but ebay is collecting revenues as if nothing has happened.
Dont hold your breath for Ebay to do something about lack of buyers. It will have to be us sellers that will have to figure out away to increase sales. I do believe over time sales should resume back to a better volume.
07-16-2014 07:21 PM
Most of the profit growth came from PayPal. From the eBay.com website:
"PayPal generated another strong quarter while eBay's growth was hampered by its global password reset for all users."
"PayPal net total payment volume (TPV) grew 29%"
"eBay Marketplaces gross merchandise volume (GMV) grew 12%, with the U.S. up 10% and International up 14%."
"Top rated sellers in the company's three largest markets grew their same-store sales 14%"
"The selection of items available on Marketplaces grew to over 700 million listings,"
07-16-2014 08:08 PM
@jerseywithstats wrote:eBay CEO: cyber attack "clearly impacted" business
Well clearly ebay made a 13 % gain over last year making 4.4 billion this 1/4. Obviously many of us are hurting in the sales department, but ebay is collecting revenues as if nothing has happened.
Dont hold your breath for Ebay to do something about lack of buyers. It will have to be us sellers that will have to figure out away to increase sales. I do believe over time sales should resume back to a better volume.
Those two statements are at odds with each other.
07-17-2014 01:57 PM
I have not noticed any significant decline in sales since the Google and Password ordeal that is out of the ordinary, which surprises me as it seems many have been hit hard.
Then again I did lower prices minimally after they required the change in password as I speculated sales would drop overall and I lowered prices very slightly to counter that.
Seems like it worked, but there are so many other variables to account for.