Yep... January... the month we can do without.
All the credit card bills come in with our Christmas shopping expenses and so many look to make extra cash by listing on eBay. But there is eBay and Canada Post with their grubby little hands out to take another huge bite.
Bill Cobb may think that these reflect only modest increases but it is this annual "nibbling" of sellers that will eventually bite them in the backside. Every year more and more of the core long-time sellers disappear from the site because they can no longer afford to pay eBay and Paypal 15% (more or less) for merely providing a platform. It seems eBay sellers do all the work and eBay shareholders reap all the rewards.
Its a shame that the geniuses in San Jose can't see that they are rapidly approaching the point where sellers will abandon the site en masse. Whether Bill Cobb will be there to witness the exodus remains to be seen. Regardless, it will be remembered as his legacy.
Let's see how Jordan Banks responds to this erosion of seller profitability. Is this one of the initiatives that he has been promising?
Bill
treasure-pot
Bill
