- Joined
- Aug 16, 2006
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Ebay have stated they are heading towards a 'Market Place' environment and I take that to mean they will be phasing out the auction business and all Ebay will be is shops under one roof.
I totally agree with this and that is exactly why it is a dead man walking. It has forgotten it's core customer and what made it what it was. Much as McDonalds did in the UK over the last 5 years, they started listening to it's healthy food idiots in the media. The new UK exec has taken over and put it back to what it was "a fast food burger and chips restraunt" if people in the media want healthy food, start their own business. Since then profits have rocketed and sites havew been redevloped instead of closed. Lesson is, don't forget your core customer, don't forget who you are or you will lose what you had.
Ebay has also squeezed fee's from it's buyer to a point that has Gordon Brown looking on with envy.
ebay is in terminal decline after peaking a few years ago, everyone knows it and only going to get worse in my opinion and at a faster rate.
GW