THE PLUNDER OF EBAY In typical Bain fashion, eBay has been plundered (note the $5 billion carefully transferred over to PayPal while saddling eBay itself with massive DEBT). The big boys have already left with their booty they plundered from eBay, so eBay itself will be allowed to flounder/go under and of course will itself be sold to the highest bidder. PayPal itself- the golden egg, the ultimate escape parachute- will excel and thrive (for a season at least) after its IPO…
This is exactly the way Bain did it with KB Toys.
“EBay’s new seller standard, defect rating policy is 100% illegal. Any low volume seller (less than 400 sales a month) will have their account be “judged” by their selling practices for the previous 12 months. During this 12 month period, the seller was following different rules, guidelines and standards and selling according to those OLD or previous rules. It’s that simple. For eBay to rate sellers on new standards for a time period when they were following old standards is ILLEGAL. Why are they allowed to get away with this?” – Troy of Dunedin, FL
“When I started with eBay, my hair was brown black, now my hair is black and most of them grey till white.” – Wil of Hong Kong
“eBay and their customer support continues to treat sellers like criminals. The system is open for exploitation and abuse by both buyers and malicious sellers/competitors that want to sabotage your…
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I wonder how many people simply use eBay to find what ever they want and then go to the seller direct. Without the fees on the item and the postage it has to be cheaper to buy direct, certainly everything I sell is on my web site cheaper than it would be if I sold it on ebay. I’ve not bought anything on there for months and months but have used it to find items and the sellers contact details are easy to find. Then if I need a similar item there’s not even the need to look on ebay, Google or anywhere else, if the seller has a website then I just look there or simply contact them and ask. (Kev Bacon on a social media FB group)