I don't know if anyone noticed Ebay's Q4 and year end results announced recently, but they did worse in 2015 than they did in 2014, just as predicted by many analysts.
I feel like this is largely in part due to the fact that 1) people who are selling things en masse (both used and new) prefer selling on Amazon, where they can rent space in their warehouses and not bother with shipping and where customers prefer to buy those things sold en masse, and 2) people who are selling things individually are being hit with business level fee hikes while getting supremely sub-par customer service and seller support. P2P sellers with unique products (meaning not en masse) are finding apps like OfferUp to be much easier and hassle-free, while B2C sellers selling unique products aren't getting good seller support.
I'm sure it doesn't make it any better that sites like Tradesy are popping up providing more benefits for sellers.
BB: Fascinating point you made earlier about how you've never seen a Japanese seller get NARU'ed and it's hard to get their listings removed. No wonder they are being nice to Japanese sellers! I think for Chanel bags alone out of like 24k total, like 19k are from Japan. Insane.
Where is the U.S. pre-owned market headed? What does everyone think? Is Ebay falling?
I feel like this is largely in part due to the fact that 1) people who are selling things en masse (both used and new) prefer selling on Amazon, where they can rent space in their warehouses and not bother with shipping and where customers prefer to buy those things sold en masse, and 2) people who are selling things individually are being hit with business level fee hikes while getting supremely sub-par customer service and seller support. P2P sellers with unique products (meaning not en masse) are finding apps like OfferUp to be much easier and hassle-free, while B2C sellers selling unique products aren't getting good seller support.
I'm sure it doesn't make it any better that sites like Tradesy are popping up providing more benefits for sellers.
BB: Fascinating point you made earlier about how you've never seen a Japanese seller get NARU'ed and it's hard to get their listings removed. No wonder they are being nice to Japanese sellers! I think for Chanel bags alone out of like 24k total, like 19k are from Japan. Insane.
Where is the U.S. pre-owned market headed? What does everyone think? Is Ebay falling?