Soooo....what exactly is ebay doing with my money?

The mystery: This is the internet. It costs nothing for ebay to host items for me.

So...what exactly does ebay do with my fees? These fees are ALSO increasing over time...mind you this is the internet...they should be getting better and more efficient over time...not the opposite.

How can it take away approx 10% of my total price. This is an enormous amount compared to any other service business. I don't think I spent more than 5 minutes on the phone with ebay/paypal this entire year. Noone has filed a complaint with me for months despite thousands in sales.
Message 1 of 26
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Soooo....what exactly is ebay doing with my money?

OK, Iwant, perhaps it's time for me to be less subtle.

I want to know where the money goes

It's none of your business! eBay does not not ask where your money goes.

how is that justified

There is no need to justify it.

It just doesn't add up that a website costs that much money to maintain,

Who cares?

You (and I) are but a tiny, minuscule, insignificant part of eBay's overall performance.

But your post does not give any explanation of how hosting this website costs 1.6 billion dollars.

Again, who cares?

Personally, I hope the "owners" make billions and have enough smarts to find a way of not having to dole out a large potion of their earning to governments that will, in turn, squander it for them.

Earlier, you had a question as to why so few posters had an interest in your theme. The answer? It is because you did not come to the boards with a call for help. You came here to complain.

I am heading out of country in the morning to promote my collection so this will likely be my last post for some time. If you are lucky, my hubby won't pick up on this thread as he is not as nice as i am when it comes to this kind of self-pity.

Xena
Message 21 of 26
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Soooo....what exactly is ebay doing with my money?

It's none of your business! eBay does not not ask where your money goes.

As a stockholder, it is entirely my business where ebay money's goes. As an informed seller who is making investments on ebay, it is entirely my business where ebay's money goes.

You came here to complain.

I have in no way complained. I have a question which I hoped other long time ebayers could answer. Despite 4 responses, it appears you have never entertained my question at all but instead let your prejudices run wild. Your incomprehension is incredibly past the point of comedy and self-parody.

But now I will complain. Clearly even the simplest novelties and the smallest curiosity appear to be beyond the people who have read this thread and simply dumped whatever was on their minds at the time. It's hard to see how such people can be informed about greater issues and have any right to comment on other people in these forums.

So much for community. Trying to talk on these forums is like wandering some desolated landscape in a post-apocalyptic movie, inhabited by zombies who have forced the few survivors to hide underground. Between the pitiful and impotent whiners who burned themselves on ebay, and deaf, narcissistic warhorses who try to hold a fools court, there is no room for any intelligent or rational middle ground. Goodbye.
Message 22 of 26
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Soooo....what exactly is ebay doing with my money?

iwant....I get your drift...understand that your initial post came off as a whine "How can it take away approx 10% of my total price. This is an enormous amount compared to any other service business."

I understand your point is more like "eBay makes lots of money, why don't they re-invest some in marketing and improving the current site rather than investing in proven money losers like Skype and potential money losers like BillMeLater" (the former never made any sense and the timing of the later seems a little odd).

I fully agree, the amount spent on marketing is pitiful and the money they have spent hasn't been optimized.

I think your lack of success at stimulating a discussion is to a great extent due to the lack of clarity of the OP. I do tend to agree that serious discussion of the bigger issues rarely gets anywhere on these boards.

If I was a shareholder I'd be screaming for a dividend, my opinion is that eBay is no longer a growth story as it used to be. It is a serious money maker and there is always room for continued incremental growth, about time they shared a little with their investors instead of making blunders with their non-core investments.


"What else could I do? I had no trade so I became a peddler" - Lazarus Greenberg 1915
- answering Trolls is voluntary, my policy is not to participate.
Message 23 of 26
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Soooo....what exactly is ebay doing with my money?

faerywishes
Community Member
As a stockholder, it is entirely my business where ebay money's goes. As an informed seller who is making investments on ebay, it is entirely my business where ebay's money goes.

Did you forget you no longer are a stock holder? However, being a stock holder you would have been sent quarterly reports so you could see what they do with the money. So maybe contact them to get the info you want.

Also recped(the very 1st response in here) gave you a link, click on it and get your info.

Because we don't happen to be sheep in here and agree with you it shows we are informed about greater issues and anyone has a right to comment.

You came in here with a question, it was answered in the first response. As a shareholder I would have thought you would have known you have access to the reports. I guess maybe you are the one who is not informed.

Because we don't care what EBay does with their profits doesn't mean we're idiots. I don't care what they do with them, I don't care how they spend their money. What I care about is that they provide me with everything they promise too when I open an account in here.

For the most part we feel Ebay does what it promises, if it didn't, again, we are not sheep and we would find another place to do this or just close up shop.

I also feel that you are complaining, most discussions are about complaints.

Again I will state that you show me where on the internet that you can find the same service, protection, tools etc for these fees and you might have a topic we'd be interested in.

For the most part I really enjoy and have fun selling & buying in here. Sometimes I don't like something but it's up to me to adjust. I take it you've never worked for a large company before. I do, and you either go with the flow or you will get swallowed. I neither care what American Express does with their profits as long as I get paid every two weeks what I am supposed to earn(I actually feel I earn a very good wage) get my annual holidays, the promised benefits & they do what they are supposed to do with my investments & pensions. I have been there 7 years I guess I like what they are doing.

So if you expected to come in here and find all of us to agree with you and jump on your band wagon, remember we are all free thinking people and have a right to our opinions as well.

Colleen
FaeryWishes
Message 24 of 26
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Soooo....what exactly is ebay doing with my money?

You can't have a meaningful discussion when all you are armed with is smarties and whine...

Seems to me ampurtle did his share of whining when partying over the holidays.

It is difficult to have a discussion on this board sometimes. Perhaps posters don't always get their message across the way they want to, but that is no reason to jump on them. Particularly when clarification has been given as to their meaning. If people don't find the topic interesting, then don't bother to post.

And yes, this board was a lot friendlier 2 years ago. There are still lots of helpful friendly people but I find many of them don't post anymore. Maybe because they have experienced the same thing.
Message 25 of 26
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Soooo....what exactly is ebay doing with my money?

Hi recped

Thanks for your reply. Yes you're right my OP wandered off. Sometimes it is better for a thread to have a little controversy to motivate it...I was worried that people would think this was about accounting. Clearly it backfired.

These discussions must happen at the highest level too and I wonder if many people think ebay should not have taken those acquisitions and positioned itself B2C instead of P2P. I guess we all make mistakes.
Message 26 of 26
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