eBay to spend aggressively in Thailand to help Thai sellers sell on global sites

[mandy]

the eBay Thailand website: www.ebay.co.th is a mini site with a few information pages in Thai but most links on the site lead to eBay.com - similar to the Taiwan mini site eBay recently setup to help Taiwan sellers sell on eBay.com

eBay, the world's largest online marketplace, is moving aggressively to increase its presence in Thailand in a bid to increase the number of registered user base in the country.

The company yesterday announced to invest more in Thailand this year to encourage its online trade activities and website accesses in the country, said Sam McDonagh, the director of eBay Southeast Asia.

''Now, we see boundless potential for our business here after already having evidence in the existing local e-Bay market,'' he said.

The company will charge a listing fee from 20 cents (7.40 baht) to $5 (185 baht) for a product to be sold depending on its value, and a commission fee of around 5.25%...

full article: http://www.bangkokpost.com/Business/27Oct2006_biz51.php

In related news:

Ebay, the world's largest online marketing website, has expressed strong support for the Thai government's application of His Majesty the King's sufficiency economy concept and wants to talk with appropriate government officials about promoting Thai local products more widely on the world market.

Mr. Sam McDonagh, South East Asia Director of Ebay, said on Thursday that Thai products such as gemstones, apparel and sports equipment are quite popular among online shoppers. Thai jewellery is sold at a satisfactory pace of one item every 27 seconds...

Mr. McDonagh reiterated that despite substantial market penetration already, Thai products still
possess ample potential to reach and compete in even wider world markets...

full article: http://etna.mcot.net/query.php?nid=25647

[Anita]

Bob,
Does THIS eBay move excite you? 

[landofsmiles]

The company will charge a listing fee from 20 cents (7.40 baht) to $5 (185 baht) for a product to be sold depending on its value, and a commission fee of around 5.25%...

Should be interesting, seeing as the minimum wage in Thailand is 200 baht per day!