October 21, 2008

Is it the end for eBay as we know it?

Anyone who uses or has used eBay would notice some significant changes to the online auction site from that of a few years ago; one thing is the amount of items up for sale. In the financial climate that we are currently experiencing you would have thought that there would be pages of items for sale, but that it not necessarily so.

On the one hand, it is the charges that are hurting the sellers; this can make it difficult for people and especially small business people to actually get out there in front of a decent customer base, and on the other is that buyers are not finding the bargains that they are used to.

This has meant that buyers are limiting their searches to sellers who have the best reputation through feedback and length of time on eBay, while anyone else is suffering with little or no chance of being able to buy what they want at the price they want.

Source [CNN]