Why can't ebay/paypal see the writings on the wall? why are they digging their graves at an even faster pace? the shareholders should sack the ceo. or maybe this is the ceo's idea to get sacked.... and be compensated with a fat severance pay.
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I don't think eBay is going to get away with this if they try it in America.
It is basically using their monopoly to limit choices. Not to mention PayPal is still acting like a bank, without actually being one. They don't have FDIC coverage, and they can arbitrarily freeze your assets with no oversight by any government body.
I was starting to think everyone liked Paypal around here with how many complaints I get about not accepting Paypal on my listings. I wouldn't use Paypal if they paid me to use it... Once more people around here have their first chargeback or account frozen for no reason, they'll agree.
I really wish uBid would open up to consumers... I'm so sick of eBay and in need of a new auction fix! Paypal is an absolute joke and eBay is rapidly becoming an ever bigger one with their constant fee increases, their now Paypal dictatorship, and their uptime that's worse than most sites on shared hosting... Well, eBay just lost me as a customer. I won't support Paypal and while I've tried to reason with myself to support eBay (despite them owning Paypal), I can't reason with this no longer...
Every time I sold domains on ebay the buyers have always paid via paypal anyway so does not really effect me... but still think it is a dumb idea... but will make ebay more money in the long run.
eBay is starting to remind me of Yahoo -- two companies that clearly seem intent on destroying shareholder value. Altering the whole negative feedback system was a big mistake as well, as was increasing fees how many times now? Are they trying to bankrupt their Powersellers? They've now made it even more impossible to sell low-margin goods, as if they weren't doing a pretty good job of that already...
I have been using ebay since they had a couple thousand auctions ending a day in the mid 1990's and they have been going downhill big time the last few years.
This is a website were 2.5M+ Auctions end per day, and yet the company can barely turn a profit. How? I have no idea. It isn't like they are pouring money into customer service.
This recent upgrade in fees was a joke, and even worse they tried to announce it as a fee decrease. Now a seller can't leave negative for a buyer?
I am not sure how this was greenlit. It is a way for a buyer to use a threat of negative as leverage against a seller.
There should be no need for a fee increase, inflation should take care of that. 5% is always going to be 5%, however things will go up in price over time.
I can't understand it either Brad... I've been an eBay user since 2002 and have a friend who used to make a living selling on eBay full time which eBay has rendered no longer feasible...
Servers, hard drives, computer processors,... Everything needed to run eBay has come down dramatically in price the last few years. I don't understand whatsoever how they can barely be profitable.
