WalletPop tells you how to get free stuff!

AOL Money & Finance

Posts with tag ebay strike

What's going on over at eBay?

These are definitely some interesting times for e-commerce mega site eBay Inc. (NASDAQ: EBAY). In the past few weeks, the site has been under attack from some of its sellers who have launched a strike against the site in response to recent changes. While eBay denies any impact from the strike, there are some out there who just aren't buying it.

At the root of the current situation are changes made by eBay over the past month that have left its users frustrated to say the least. The core reason for the frustration relates to eBay's decision to lower its listing fees but at the same time raise its final sale fees. This is being seen as a direct slap in the face to the site's more successful sellers. Also adding to the current resentment is the decision to hold certain PayPal payments by up to 21 days in an effort to fight fraudulent activity on the site. As if those two things were not enough, the site went forward in changing its practice of allowing sellers to leave negative feedback on buyers.

As you can imagine, sellers were not happy and launched a sellers' strike that they hoped would convince the company to roll back their changes. Depending on who you listen to, the strike has either had a significant impact on auction listings, or no effect whatsoever.

Continue reading What's going on over at eBay?

eBay (EBAY) denies any impact from seller strike

Despite some conflicting reports that indicate that the current sellers strike on eBay (NASDAQ: EBAY) has led to a 13% decline in product listings, eBay claims that the strike has had no effect on its listings.

According to company spokesmen Usher Lieberman, the company definitely "didn't feel an impact from the strike." While sellers have hoped that the current boycott would lead to the reversal of the latest fee changes, Lieberman has declared that no changes will be made.

So now we are basically in posturing mode between eBay and its sellers. The sellers have decided to extend the strike another week in hopes that eBay will reconsider its decision. My advice to the sellers: don't hold your breath. Even if eBay does start to feel some pain from the strike, chances are low that it will give in.

Continue reading eBay (EBAY) denies any impact from seller strike

eBay sellers extend strike to March 3

Last week I wrote a couple pieces on the current seller strike over at e-commerce giant eBay (NASDAQ: EBAY). The strike was supposed to last until today, but now it has been extended another week. Initial data is showing that the current eBay strike has lowered the items listed for sale on the site by an impressive 13%, so you can be sure that eBay is paying attention.

As most of you are already aware, the current strike is the result of frustrations by eBay users over a couple new changes that the site has introduced. While the site lowered its initial listing fees for items, it raised its completion fees. This has been seen by power sellers as a direct attack on the more successful eBay sellers. In addition, eBay has decided to keep sellers from leaving negative feedback on buyers, a move that has infuriated sellers who claim that feedback is their best defense in avoiding dead-beat bidders. The final straw came in the decision to hold certain PayPal payments for up to 21 days.

The strike, which started last week, has had a couple of impacts on the e-commerce world. One result that I examined last week, was the increase in traffic and users to some smaller e-commerce sites that historically have had a hard time breaking into some of eBay coveted traffic. Now we are starting to see just how hard the strike has been hitting eBay itself. According to reports, the site has seen a 13% drop in its auction listings.

Continue reading eBay sellers extend strike to March 3

eBay (EBAY) sellers' strike plays into the hands of smaller competitors

For the past several years, eBay (NASDAQ: EBAY) has pretty much cornered the market for online auctions. It has created such large barriers of entry, that smaller sites have difficulty breaking into the market. But this week's seller boycott on eBay has opened the door for some smaller companies.

We took a look earlier this week at the reasons behind the current eBay strike. We made note at that time, that some of your bigger name competitors, such as Overstock.com (NASDAQ: OSTK) were going to be capitalizing on the sellers' strike, but now we are also starting to hear about gains made in some smaller companies that you may have never heard of before.

In a recent article from Seattle Post-Intelligencer, two Washington-based companies said they have been loving all the negative attention that eBay has been receiving as of late.

Continue reading eBay (EBAY) sellers' strike plays into the hands of smaller competitors

Symbol Lookup
IndexesChangePrice
DJIA-215.458,376.24
NASDAQ-46.821,445.56
S&P 500-25.52845.22

Last updated: December 04, 2008: 11:16 PM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance