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

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