Derrick
ლ(ಠ_ಠ )ლ
- Joined
- Nov 22, 2010
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The online auction site, eBay, seems to have made a fatal blunder. They have changed their fee structure and the way their members can leave feedback.
As of the 20th of February sellers won’t be able to leave negative feedback about buyers. This move has caused great dissatisfaction amoung auctioneers and they are voting with their feet.
Auctioneers will no longer be able to check if a buyer is a potentially bad customer. Information of this nature can be invaluable especially in the online trading space where buyers and sellers often never even speak.
To add salt to the wound eBay also announced that the final percentage that they take off the top will rise, for items the increase is as much as 67 percent.
A rival auction site called eBid.net, has seen the number of visitors from the US and UK increase by thousands every hour since the news. In total visitor to eBid have more than doubled in the first 24 hours following the eBay announcement.
One must question the wisdom of this move from eBay. In the online industry there is a move to encourage people to communicate more but eBay appears to have taken a step backwards.
Only time will tell how these changes pan out for the auction site but canning a valuable resource about the reliability of online buyers, at this stage, looks like it could cost them more than they gain.
As of the 20th of February sellers won’t be able to leave negative feedback about buyers. This move has caused great dissatisfaction amoung auctioneers and they are voting with their feet.
Auctioneers will no longer be able to check if a buyer is a potentially bad customer. Information of this nature can be invaluable especially in the online trading space where buyers and sellers often never even speak.
To add salt to the wound eBay also announced that the final percentage that they take off the top will rise, for items the increase is as much as 67 percent.
A rival auction site called eBid.net, has seen the number of visitors from the US and UK increase by thousands every hour since the news. In total visitor to eBid have more than doubled in the first 24 hours following the eBay announcement.
One must question the wisdom of this move from eBay. In the online industry there is a move to encourage people to communicate more but eBay appears to have taken a step backwards.
Only time will tell how these changes pan out for the auction site but canning a valuable resource about the reliability of online buyers, at this stage, looks like it could cost them more than they gain.