02-03-2008, 09:04 AM
Auctionbytes has an interview with new eBay CEO John Donahoe and new President of eBay Marketplaces Lorrie Norrington:
http://www.auctionbytes.com/cab/abu/y208...bu0208/s04
http://www.auctionbytes.com/cab/abu/y208...bu0208/s04
Quote:AUCTIONBYTES: Okay, let me ask this question then. Including the higher value fees and PayPal fees, it seems like you are moving closer to Amazon's fee structure but without the benefits of, you know, lower customer interaction you get on Amazon and so forth. How is that an incentive for sellers to stay on eBay?
JOHN DONAHOE: The incentive for sellers to stay on eBay is that they are continuing to sell great volumes on eBay. This is so, again, we had the largest number of traffic in the 4th quarter. We sold 16 billion dollars of GMV in the 4th quarter - 16 to17 billion dollars of GMV - and what these changes do, is they incent sellers - they lower the risk upfront for them to list more items and these changes along, with the pricing changes and other changes increase the buyer experience and increase buyer conversion, which we think will lead to incremental GMV and sales for our sellers. What is good for our buyers is good for our sellers an