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<p>[QUOTE="-jeffB, post: 1790799, member: 27832"]And why do you suppose everyone isn't abandoning eBay in favor of those sites?</p><p> </p><p><br /></p><p> </p><p>And why do you suppose that is?</p><p> </p><p><br /></p><p> </p><p>I believe you just said that there already <i>are</i> "place" where people can do exactly that. Why do you suppose people aren't using them?</p><p> </p><p>Mostly, everybody buys and sells on eBay because that's where everybody else sells and buys. If eBay can get away with collecting 10-15% fees, it must mean that sellers feel they're unlikely to get 10-15% higher bids in a cheaper venue, or that buyers feel they're unlikely to get 10-15% lower prices in a cheaper venue, or some combination of the two.</p><p> </p><p>What do people get for their 10-15%?</p><p> </p><p>Buyers get:</p><p>- a wide selection of sellers competing on price</p><p>- the ability to view seller feedback, and to leave feedback that's visible to everyone</p><p>- Buyer Protection, a <i>huge</i> incentive to trust sellers</p><p>- corporate oversight, including the (reasonably) prompt removal of (most) bad sellers</p><p> </p><p>Sellers get:</p><p>- a huge population of buyers bidding against one another</p><p>- <strike>the ability to view buyer feedback, and to leave feedback that's visible to everyone</strike> -- well, not so much any more</p><p>- Seller Protection, a significant incentive to trust buyers (not nearly as powerful as Buyer Protection, but significant all the same)</p><p>- corporate oversight, including the eventual removal of at least some bad buyers</p><p> </p><p>I wish eBay would lower fees. If they did, I might buy more, and I might sell more. But I get enough benefits in exchange for those fees to keep me buying at my current level.</p><p> </p><p>I wish eBay would restore some balance between Seller Protection and Buyer Protection. If they did, I'd start selling more there again -- but I'd probably be buying somewhat less.</p><p> </p><p>I presume that eBay weighs the benefits and costs of these policies on an ongoing basis. I don't presume to know more about eBay's business than they do.</p><p> </p><p>If you think the benefits of a no-fee venue outweigh the benefits of eBay, <i>vote with your feet already</i>. Better yet, come up with a viable business plan for a venue that competes on benefits with lower fees.</p><p> </p><p>As for me, I buy from eBay at my current levels, I sell on eBay very little or none at all, and I hold some eBay stock to share in their profits. If they change their policies, I'll respond by shifting that three-way balance. And, yes, I'll gripe about them occasionally, too. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1790799, member: 27832"]And why do you suppose everyone isn't abandoning eBay in favor of those sites? And why do you suppose that is? I believe you just said that there already [I]are[/I] "place" where people can do exactly that. Why do you suppose people aren't using them? Mostly, everybody buys and sells on eBay because that's where everybody else sells and buys. If eBay can get away with collecting 10-15% fees, it must mean that sellers feel they're unlikely to get 10-15% higher bids in a cheaper venue, or that buyers feel they're unlikely to get 10-15% lower prices in a cheaper venue, or some combination of the two. What do people get for their 10-15%? Buyers get: - a wide selection of sellers competing on price - the ability to view seller feedback, and to leave feedback that's visible to everyone - Buyer Protection, a [I]huge[/I] incentive to trust sellers - corporate oversight, including the (reasonably) prompt removal of (most) bad sellers Sellers get: - a huge population of buyers bidding against one another - [S]the ability to view buyer feedback, and to leave feedback that's visible to everyone[/S] -- well, not so much any more - Seller Protection, a significant incentive to trust buyers (not nearly as powerful as Buyer Protection, but significant all the same) - corporate oversight, including the eventual removal of at least some bad buyers I wish eBay would lower fees. If they did, I might buy more, and I might sell more. But I get enough benefits in exchange for those fees to keep me buying at my current level. I wish eBay would restore some balance between Seller Protection and Buyer Protection. If they did, I'd start selling more there again -- but I'd probably be buying somewhat less. I presume that eBay weighs the benefits and costs of these policies on an ongoing basis. I don't presume to know more about eBay's business than they do. If you think the benefits of a no-fee venue outweigh the benefits of eBay, [I]vote with your feet already[/I]. Better yet, come up with a viable business plan for a venue that competes on benefits with lower fees. As for me, I buy from eBay at my current levels, I sell on eBay very little or none at all, and I hold some eBay stock to share in their profits. If they change their policies, I'll respond by shifting that three-way balance. And, yes, I'll gripe about them occasionally, too. :)[/QUOTE]
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