Well, I seem to remember many people on the boards trying to tell them that BIN was better last year when the fee increases were announced. Why do such unintuitive people ever make it to the top anyway?
Quote:Well, I seem to remember many people on the boards trying to tell them that BIN was better last year
The launch of eBay Express indicates that eBay itself thought that BIN held more long term promise but eBay's primary concern has always been trying to please Wall Street in the short term. Analysts were worried last Spring/Summer about eBay's CORE and so eBay's response was last Summer's "back to the CORE" marketing push/store fee hikes. The attempt to push buyers and sellers to CORE did please Wall Street (and boosted the stock price) but you can't mandate buyer behavior and so the CORE push ultimately failed.
[quote author=bargainbloodhound link=topic=16692.msg65777#msg65777 date=1193101600]
Quote:Well, I seem to remember many people on the boards trying to tell them that BIN was better last year
The launch of eBay Express indicates that eBay itself thought that BIN held more long term promise but eBay's primary concern has always been trying to please Wall Street in the short term. Analysts were worried last Spring/Summer about eBay's CORE and so eBay's response was last Summer's "back to the CORE" marketing push/store fee hikes. The attempt to push buyers and sellers to CORE did please Wall Street (and boosted the stock price) but you can't mandate buyer behavior and so the CORE push ultimately failed.
[/quote]
translation > Meg kissed some major Wall Street ass last year.
Quote:eBay's primary concern has always been trying to please Wall Street in the short term.
Er, very "short-sighted".
[quote author=BellisimaJ. link=topic=16692.msg65787#msg65787 date=1193149604]
Quote:eBay's primary concern has always been trying to please Wall Street in the short term.
Er, very "short-sighted".
[/quote]
Ebay's focus on the short term is great for sellers--NOT!
Anyone with access to the VERY generic stats at medved could see that BIN has outperformed auctions for a very long time.
How many YEARS did it take ebay to figure that out? ... and I'm sure they have MUCH better statistics that are known to the public.
