Analyst warns eBay may miss 1Q revenue targets due to higher store listings

[mandy]

Online auctioneer eBay beat expectations in the first quarter with 578 million listings, up 37% year-over-year, and 5% quarter-over-quarter.

But Bear Stearns analyst Robert Peck has concerns about eBay’s higher listings, which he says were due to more promotional activity and higher store listings than he had anticipated.

Higher promotional activity could mean listings will be monetized at lower rates, says Peck, who says store listings will likewise be monetized at lower rates compared to the core auction business because of lower insertion fees, conversion rates and average sales prices...

full article: http://www.forbes.com/markets/commoditie...ets01.html

related topic:
Hairless Chris Tsakalakis Says Store Inventory Listings To Receive Less Exposure
http://community.tuliptools.com/index.ph...632.0.html

[amy]

Auction listings dropped from 14 million in early February to 11 million in early April and auction sell throughs fell from 40% to 30%. That had to hurt. 

[sneakymagenta]

You know things are going badly when Meg lists the company jet with a starting bid of 99 cents.  :blinkie:

[bargainbloodhound]

It's amazing that they didn't know what would happen when they included store listings in the main search.  :