eBay planned fee hikes in May: Hairless Chris T lied to store owners for months

[bargainbloodhound]

More proof that Hairless Chris T. is a Lieing Sack of Sh.IT Bastard:  the entire time he was lieing to store owners in April?May?June about "testing search results" and dropping hints that storeowners might see an increase in exposure in the Fall, he knew that A. storeowners wouldn't see any increase and B. fee hikes for storeowners were planned (and as the VP who is in charge of several eBay marketplaces including Stores, Express, ProStores, Reseller Marketplace, and the Developers Program there is no way he could not have known eBay's plans).

)  View Listings | Report   Aug-08-06 08:54 PDT
I borrowed this from the Prudential thread because I don't know if everyone really read it.

It clearly states Ebay knew what it was going to do back in MAY! Before Live! And, exactly what reasons they would give us for the increase! And, that they could afford to lost a substantial number of store listings (don't know if they really thought they would lose very many actual stores).

More from a Merrill Lynch announcement on May 25, 2006

Expect US listing and final value fee changes

At a competitor conference, eBay management suggested that sluggish US core
listing growth, an overhang for the stock, would most likely change when
management adjusts the core and store listing and final value fee structures to
“rebalance” the site. We expect fee structure changes targeted at reaccelerating
core domestic listings growth. The eBay Live seller convention in mid-June could
be the appropriate forum to communicate changes in our view.

Raise store fees, lower core fees or both?

Sellers have been attracted to lower costs for selling in store formats, and eBay is
likely to narrow the spread between core listing fees (ranging from $0.20 to $4.80)
and store listing fees which cost $0.02 for 30 days. eBay could also widen the
spread between final value fees on eBay core (sliding scale from 5.25% to 1.5%
depending on final value) and eBay stores (sliding scale from 8% to 3%). Given
rapid growth of store listings, we would expect some fee increases for stores.


Fee changes will test eBay’s communication skills

As in 1Q05 when eBay raised store fees, we would expect pushback from sellers
on fee increases (with related stock volatility), however, eBay can point to higher
traffic acquisition costs and opportunities from eBay Express to help appease
store owners. With well over 50% of store inventory unsold, we think eBay can
afford to give up some of the recent store inventory growth in favor of growing
core listings.


A proven track record as a marketplace manager

As eBay illustrated in Germany (ML estimates QTD listings up 37% y/y), the
company can reaccelerate growth when the core marketplace has stalled. Two
weeks ago, eBay demonstrated the US marketplace responsiveness to pricing
changes with a one-day promotion that drove US core listings up 48% w/w.
eBay Express – a 2H06 opportunity

We continue to believe that eBay Express will have a significant impact on buyer
and seller experiences on eBay (greater wallet share and higher traffic to stores).
With the official launch expected at eBay Live! 2006, and marketing efforts
beginning in September we remain optimistic on the eBay Express opportunity.


All text quoted from here:

http://rsch1.ml.com/9093/24013/ds/7876_348.PDF

Discussion on the eBay boards:
http://forums.ebay.com/db2/thread.jspa?t...2000195428&tstart=0

[BellisimaJ.]

It clearly states Ebay knew what it was going to do back in MAY! Before Live! And, exactly what reasons they would give us for the increase! And, that they could afford to lost a substantial number of store listings (don't know if they really thought they would lose very many actual stores).

As Beth would say, LSOSBs


Hairless Chris  =  :asshat2:

[stardust]

Why is Lynda so silent today?  Has she been permanently suspended/naru'd also?

[BellisimaJ.]

[quote author=stardust link=topic=4686.msg20117#msg20117 date=1155084671]
Why is Lynda so silent today?  Has she been permanently suspended/naru'd also?
[/quote]

No, she takes care of her mother, who is disabled. She had tons of errands to do.
Also, she is researching certain documents-----she is a lawyer. >

[xppman]

Hopefully she is researching certain documents on why it's illegal for a company to
purposely deny service covertly while at the same time saying services are being rendered all the time taking premium fees for those covertly denied services.

Smells like some sort of fraud if you ask me. 

[bargainbloodhound]

As Beth would say, LSOSBs

Umm, yeah.  I think the LSOSB's at eBay hit a new low this Spring/Summer in their communications with store owners.

On the other hand, eBay has been more than generous with shipping gougers and fee avoiders the past 2 years with its 2 fee cuts on $0.99 and under items...fee cuts that came at the same time eBay saddled store owners with 2 huge fee increases.  Dishonesty and bad selling practices apparently pay and will be rewarded by eBay management.

[Anita]

I think it is possible Chris didn't know.  It isn't unusual for the right hand to not know what the left hand is doing in eBayLand. 

[sneakymagenta]

It clearly states Ebay knew what it was going to do back in MAY! Before Live! And, exactly what reasons they would give us for the increase! And, that they could afford to lost a substantial number of store listings (don't know if they really thought they would lose very many actual stores).

Sneaky's Bill Cobbler Recipe
Add one tablespoon of :asshat2:, 2 cups of , 2 cups of ,1 cup of  and stir. Sprinkle a teaspoon of cow dung spices  :chitfan: over the top and bake in the microwave for 3 minutes.  Stick your finger in to make sure it's done.

[BellisimaJ.]

[quote author=sneakymagenta link=topic=4686.msg20168#msg20168 date=1155105641]

It clearly states Ebay knew what it was going to do back in MAY! Before Live! And, exactly what reasons they would give us for the increase! And, that they could afford to lost a substantial number of store listings (don't know if they really thought they would lose very many actual stores).

Sneaky's Bill Cobbler Recipe
Add one tablespoon of :asshat2:, 2 cups of , 2 cups of ,1 cup of  and stir. Sprinkle a teaspoon of cow dung spices  :chitfan: over the top and bake in the microwave for 3 minutes.  Stick your finger in to make sure it's done.
[/quote]




 

[Anita]

Toooooo funnnnnnnny Sneaky!!!