If you didn’t know, eBay sellers held a boycott a little while ago. See my eBait article to find out more.

During the first three days of the boycott, Medved.net, a third-party Web site that tracks eBay’s listings totals, reported a decline of about 17% in the number of listed items available for sale on eBay. The number of live items jumped a few times during the remaining days of the strike but currently sits at around 13 million, 10% lower than when the boycott began Feb. 18.

Says CNN Money’s article regarding the end of the recent boycott. According to Alexa, eBay hasn’t seen a huge decline over the past month.

Well there you have it. Not much of a decline.

eBay will not be losing much business in the long-run because people will eventually get over it. More people will join eBay because they may see it as being more accessible. This situation mimics Facebook’s transition from private to public… then from public to crowded with applications and advertisements. As much of an opportunity as it adds for other businesses, it opens up a new area for eBay to grow.

What do you think will be the result of this?

Post from: EveryJoe

eBay Boycott Aftermath

ATTENTION ENTREPRENEURS

eBay pissed people off.  Buyers and sellers are now boycotting eBay because of the following major points:

• Increased rates for casual sellers
• No more negative/neutral feedback rating
• Limited search algorithm

You can find out more in this article posted by Fortune.  This is a business opportunity.  eBay wants to “test the elasticity” of their buyers and sellers – but how far can you push the envelope when you have a fading audience?  Anyone see where I am going with this?

 Over the past few years, eBay has lost its audience in a pretty big way, according to Alexa.  I think these new changes will not revitalize the website.  Instead, I think it will simply make it more difficult for the casual sellers.  Why would eBay want to appeal to the casual seller?  Simple – they represent new members.  You cannot experience growth if your site isn’t user-friendly.

eBay should have added more capabilities to attract a new audience instead of “refining.”  It’s a constantly changing market, and they are not doing enough to maintain the pace.

This is a perfect opportunity for YOU.  There is a lot of media attention surrounding eBay right now, so capitalize while there is interest in the auctioning market.   Steal the audience that has rejected eBay before they return because of a lack of alternatives.

Post from: EveryJoe

eBait