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Thread: Ebay is going up

  1. #1
    Mr. Pachitalk arbycoffee's Avatar
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    Default Ebay is going up

    Dear arbycoffee,

    I'm writing today to let you know about changes we're making to eBay.com that are intended to rebalance the overall eBay marketplace by further distinguishing the roles of core listing formats (auction-style, auction-style with Buy It Now, and Fixed Price) and the Store Inventory listing format (used to display large amounts of product in eBay Stores).

    Beginning August 22, insertion and final value fees for Store Inventory listings will be increased and will follow a tiered structure based on price--as they do for core listings. For complete details of these changes, please see my Announcement Board post and our Fee Changes Overview.

    As one of the vast majority of eBay sellers who use only core listing formats, you are not likely to be impacted by these changes. Core listing fees will NOT be increased at this time. In fact, we're taking steps to boost their exposure on eBay and eBay Express.

    I'm confident the actions we're taking are the right thing to do for the overall eBay Community. Auction-style listings have made eBay what it is today. In short, they provide the signature shopping experience millions of buyers have come to expect and provide the fastest way for you sell on the Internet. Look for even more exciting incentives for core listing formats coming soon!

    Sincerely,

    Bill Cobb
    President
    eBay North America


    10% of store item sold from stores - WHAT a rip off
    "This is My Personal Opinion and no others"

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  3. #2
    Kungishi vgc's Avatar
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    Default Re: Ebay is going up

    Heres the e-mail I received. i do not have an ebay store. Looks like they are trying to get rid of stores or something. 20 Cent listing day BTW Today and Tomorrow. Mike : )

    ***Back to Basics - 20 ’ Core Insertion Fee Sale – Two Days Only!***

    July 19, 2006 | 05:18PM PST/PT

    Hello…I'm Jamie Iannone, senior director of product marketing, and I'm excited to tell you about a two-day promotion that starts at midnight tonight.

    By now, you've probably seen Bill Cobb's message [http://www2.ebay.com/aw/core/200607191343242.html] about resetting the balance of the eBay marketplace and bringing eBay.com's auction-style and other core listing formats back to center stage. Auction-style listings deliver the signature eBay buying experience, in addition to being the fastest way to sell online. These listings are eBay's foundation – and going forward, we're going to be doing more to encourage a higher proportion of auction-style listings on eBay.

    As a start, I'm excited to tell you about our “Back to Basics” promotion. Starting at midnight tonight, we're holding a two-day sale on core listing formats (Auction-style or Fixed Price) for eBay.com and eBay Motors Parts & Accessories. Please click here for full details on this promotion.
    http://pages.ebay.com/promo/paythesa...geName=CMDV:AB

    We hope you take full advantage of this great promotion!

    Sincerely,

    Jamie Iannone
    Sr. Director, Product Marketing
    eBay North America

    =================================================

    ***A Message from Bill Cobb: Resetting the Balance of the eBay Marketplace***

    July 19, 2006 | 01:43PM PST/PT

    Since its debut in 1995, the eBay marketplace has continually evolved to meet the needs of the eBay Community. For the most part, the behavior of buyers and sellers has naturally adapted to changing conditions – over time, we've learned to allow the marketplace to direct itself as much as possible. On some occasions, though – in the interest of the eBay marketplace's long-term vitality – we've had to step in and implement new policies, introduce new formats, or make changes to our fee structure to create needed incentives for eBay members.

    Put simply, we at eBay have two basic roles: to deliver the best overall value for buyers, and to maximize cash flow for sellers. As eBay has grown over the years, we've added various enhancements and tools to the site – but in essence, our “products” are two types of listings:

    -Core listings (auction-style, auction-style with Buy It Now, and Fixed Price) deliver the signature eBay buying experience. For sellers, they're the fastest way to sell inventory on the Internet – the only place where items typically sell within about two weeks.
    -Store Inventory listings were introduced in 2001 and intended as a low-risk way for sellers to display large amounts of product in their eBay Store. This format employs low insertion fees and higher final value fees to encourage an abundance of inventory on the site.

    Amid all this change, one thing has remained constant: auction-style listings are the foundation of eBay. Auction-style and other core listings made eBay what it is today – and they'll always be front and center on eBay.com. They account for about 91% of the gross merchandise value sold on eBay.com. But recently, we've been wrestling with some troubling facts:

    -Store Inventory listings now comprise about 83% of active eBay.com listings on average.
    -While eBay.com core listings typically sell in about two weeks, Store Inventory listings on average take 14 times longer to sell. In some media categories, Store Inventory listings take more than 40 times longer to sell than core listings.
    -And, when you compare our operations costs for an average Store Inventory listing and an average core listing – factoring in the duration of each – our cost to host a Store Inventory listing is more than 50% higher than for a core listing. In fact, current Store Inventory insertion fees don't cover eBay's costs for hosting them.

    It's vitally important – to your business and ours – that we maintain a healthy balance between listing formats on the eBay marketplace, and ensure that inventory conversion across the site remains strong. So we're taking action.

    Today, I want to inform you of changes we're making to eBay.com – changes intended to rebalance the overall eBay marketplace by further distinguishing the roles of core listing formats and our Store Inventory format. In short, we're improving the advantages of selling in core listing formats – and taking action to manage the proportion of Store Inventory listings – to ensure that the buying experience on eBay stays true to shoppers' expectations.

    Core Listings
    Core listing fees will remain unchanged. So for the vast majority of eBay sellers who use only these formats, their fees are not increasing.

    And we'll be providing greater exposure for core listings on eBay Express. In late August, we'll begin displaying auction-style listings with Buy It Now on eBay Express for qualifying sellers. Also in late August, core fixed price and auction-style Buy It Now listings that qualify for eBay Express will be advantaged over Store Inventory listings.

    Also, in response to the requests of many large sellers, we're raising the 10-item multiple listings limit to 15, effective Aug. 22.

    Store Inventory Listings
    For those of you who operate an eBay Store, we're making changes to Store Inventory listing fees, as well as to the on-site exposure we provide for this listing format.

    We'll begin charging variable insertion fees for Store Inventory listings, as we do for core listings. Beginning Aug. 22, eBay.com Store Inventory format insertion fees will be tiered with an item's starting price.

    These Store Inventory format insertion fees take effect Aug. 22, 2006:

    Starting Price \ New Insertion Fee \ Current Fee

    $0.01 – 24.99 \ 5’ \ 2’
    $25.00 – and higher \ 10’ \ 2’

    Some Store Inventory format final value fees also will increase, effective Aug. 22, 2006:

    Selling Price \ New Final Value Fee \ Current Fee

    $0.01 – 25.00 \ 10% \ 8%
    $25.01 – 100.00 \ 7% \ 5%
    $100.01 – 1,000.00 \ 5% (no change)\ 5%
    $1,000.01 and higher\ 3% (no change) \ 3%

    Please note that for current listings, the new final value fees will apply only after these listings are renewed.

    For more detailed information on these fee changes, please see our fee changes overview.
    http://pages.ebay.com/sell/announcem...geName=CMDV:AB

    For some time, we've been working to identify the best way to display Store Inventory listings on the site. In the spring, we pledged to sellers that we would test a variety of ways to mingle their Store Inventory listings with core listings on eBay.com. We've tested several alternatives and these tests showed the ideal approach is how we're doing it today – that is, when a buyer's search returns 30 or less core listings, we display up to 30 Store Inventory listings. This is what we'll stick with going forward.

    However, starting in about a month, we'll also include an unlimited number of Store Inventory listings after all matching core listings, when the buyer clicks the Buy It Now listings tab at the top of every search results page. When the buyer hasn't selected this option, eBay.com will display Store Inventory listings along with core listings as described above.

    Half.com Listings Added to eBay.com Search Results
    I recognize that sellers in the Books, Movies, Music and Video Games categories will have unique challenges with the changes we're making. As many of our media sellers have requested, starting in late August we'll again provide visibility for Half.com listings in core search results, by bringing back the Half.com listings merchandising feature we used previously (click here for an example [http://pages.ebay.com/sell/announcem...ty.html#half]). We're also exploring additional ways to promote Half.com listings in search results on both eBay.com and eBay Express.

    How These Changes Affect You
    I'm confident the actions we're taking are the right thing to do for the overall eBay Community. We'll more effectively deliver on our buyers' needs and expectations. And for sellers, these changes will ensure that eBay remains a differentiated and distinct e-commerce channel with fast inventory turnover.

    I know there's a lot to digest here, and that you're probably most interested in quickly determining if and how these changes will impact your business.

    A typical eBay Stores seller who uses Store Inventory format – making no adjustments to his or her selling strategy following these changes – will experience an overall fee increase of less than six percent, based on our analysis of all June selling activity. Of course, you need to clearly understand the impact on your business – which could be greater or less than six percent. To get started, please visit the seller resources page [http://pages.ebay.com/sell/announcem...eName=CMDV:AB] or consult the Frequently Asked Questions we've prepared [http://pages.ebay.com/sell/announcem...eName=CMDV:AB]. Also, use your seller support resources in Customer Support. Our CS teams are fully prepared to help you understand the effect on your business, and discuss your options for adjusting your eBay selling strategy to minimize impact to your bottom line.

    In addition – to help eBay Stores sellers make informed decisions about any changes to their selling strategies – we're making eBay Marketplace Research Basic available to them at no cost for eight weeks, starting today. Through September 19, eBay Stores sellers can use this data to compare selling formats or determine how best to price inventory on eBay. You can access eBay Marketplace Research here.
    http://pages.ebay.com/sell/announcem...tplaceresearch

    I'll be hosting a Community Town Hall discussion tomorrow at 4:00 p.m. Pacific time, where I'll answer your questions. Please click here [http://pages.ebay.com/townhall/?ssPageName=CMDV:AB] for more details on the Town Hall, or to submit a question in advance.

    Sincerely,

    Bill Cobb
    President, eBay North America

    ============================================================ =======================
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  5. #3
    Sir Carl slotter's Avatar
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    Default Re: Ebay is going up

    Thanks for posting the second message. Interesting that the stores took over 83% of the core business... They want to lessen that percentage.

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    Goodwill Ambassador luckydog's Avatar
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    Default Re: Ebay is going up

    The way I see it the stores have the bulk of sales, so they are stiffing them.

    fot the biggest gain in profits.
    幸運わんわん Luckydog or Yukiwanwan in Japanese

  7. #5
    Tokie Owens scotts_magic's Avatar
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    Default Re: Ebay is going up

    Between the increase in store final value fees, listing fees, monthly store fees and paypal fees, they are getting as bad as the mob in taking over 15% from your sales.

  8. #6
    Site Admin Tulsa's Avatar
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    Default Re: Ebay is going up

    Hmm....

    eBay, we don't need no stinkin' eBay!
    Meanwhile, somewhere in Oklahoma.

  9. #7
    Mr. Pachitalk arbycoffee's Avatar
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    Default Re: Ebay is going up

    why is that kind sir, can I have more soup ?
    "This is My Personal Opinion and no others"

  10. #8
    Site Admin Tulsa's Avatar
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    Default Re: Ebay is going up

    Sorry, no soup for you.
    Meanwhile, somewhere in Oklahoma.

  11. #9
    Goodwill Ambassador luckydog's Avatar
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    Default Re: Ebay is going up

    Poor Arby

    No soup for him
    幸運わんわん Luckydog or Yukiwanwan in Japanese

  12. #10
    Pachi Puro scooby_doo_m2002's Avatar
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    Default Re: Ebay is going up

    Poor, ol Arby

  13. #11
    Stuey - The RADministrator MrGneiss's Avatar
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    Default Re: Ebay is going up

    It makes sense to me, it says that 83% of listings (not sales) are in stores, and they also say that the store insertion fees don't even cover their hosting costs for those items and it takes 14 - 40 times longer to sell store items(at which time they would make their money)....So it makes sense that they would want to have more people use auctions, where they(ebay) would get paid in less than 2 weeks(most of the time), and at the same time not wanting to loose money every time someone put something in a store...

    "Blowing smoke rings at the moon."

  14. #12
    Eye Shooter Mike's Avatar
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    Default Re: Ebay is going up

    How about we all club together, maybe then Arby can get to have his soup
    Star Wars, Spin Luck#749. Jet Set Radio, Space Shuttle Pinball & Monolopy quiz machine

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  16. #13
    Stuey - The RADministrator MrGneiss's Avatar
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    Default Re: Ebay is going up

    What kind of soup do you want, Arby?

    "Blowing smoke rings at the moon."

  17. #14
    Site Admin Tulsa's Avatar
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    Default Re: Ebay is going up

    Arby's soup is on the stove but it's not hot yet. He'll just have to wait.
    Meanwhile, somewhere in Oklahoma.

  18. #15
    Gibisans - Japan West compirate's Avatar
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    Default Re: Ebay is going up

    According to his video, it's ready in 2 minutes, w/o cuddling!

    人生は恐れなければ、とても素晴らしいものなんだよ。
    人生に必要なもの。それは勇気と想像力、そして少しのお金だ。

  19. #16
    Mr. Pachitalk arbycoffee's Avatar
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    Default Re: Ebay is going up

    Quote Originally Posted by compirate
    According to his video, it's ready in 2 minutes, w/o cuddling!
    You mean this one

    http://www.tattooiowa.com/pachitalk/gone_in_2.wmv

    Tomato, but love split pea too!
    "This is My Personal Opinion and no others"

  20. #17
    Gibisans - Japan West compirate's Avatar
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    Default Re: Ebay is going up

    http://www.peasoupandersens.net/

    Eat at the one in Santa Nella all the time!


    人生は恐れなければ、とても素晴らしいものなんだよ。
    人生に必要なもの。それは勇気と想像力、そして少しのお金だ。

  21. #18
    Have no fear...... H20Dreams's Avatar
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    Default Re: Ebay is going up

    Quote Originally Posted by compirate
    I stop in there whenever I am heading to Monterey Bay to do some diving. Good food. Never had the Pea Soup though
    There's no need to fear....
    Pachislo: Speed Racer, King Camel, Beast Sapp, Sindbad Adventure, Death Valley.Pachinko: Popeye, Fever Kagetu, Fever Circus, Spiderman Neo American: Red,White,& Blue Deluxe

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