DISQUS

ColderICE eCommerce Blog: I AM MAD as HELL ~ A MUST Read Report: How To FIX eBay!!!

  • Bob · 9 months ago
    Amazon showed NO profit until they embraced 3rd party sellers . they put controls in at a cost to make it work. No we are just a venue bull. Now after failing at Amazonianation
    ebay it is now going to be Overbiglots warrehouse . Maybe a day-old-bread store is coming soon. Will people who buy last years merchandise buy it with higher delivery cost? the ebay management thinks they will and charge it also via pay pal.

    ebay are not retailers. Are they merchandise liquidators? How do become the market king of a something they know nothing of?

    I heard the interview and some good points but ebay is driving a different bus.
  • Bob · 9 months ago
    Spelling and grammar typos courtesy of left and right brains fighting they are Mad as Hell also !
  • John · 9 months ago
    Dude, if we were graded by spelling and grammer on the web... they would have shut this blog down ages ago. LMBO
  • EventHorizon1984 · 9 months ago
    The current direction eBay is taking AND the results are exactly what the current board wants.

    Consider the composition of the eBay Board of Directors.
    http://investing.businessweek.com/businessweek/...

    Two voting blocks (can) control eBay INC, eBay stock holders and "The Bridgespan Group."

    With ZERO dividends given to investors, the eBay officers manage to constantly siphon off cash in the form of stock options or stock sales.

    And what of the Bridgespan Group?
    http://investing.businessweek.com/businessweek/...
    The Bridgespan Group operates as a subsidiary of Bain & Company, Inc.

    Historically Bain & Company, Inc excises maximal amounts of cash and credit from companies invested in, as well as buy other Bain investment companies. Then they sell what's left.

    It's may be obvious now that Bain associates like John Donahoe and the many who run eBay, take these teachings to heart.

    Your "ripping apart the flesh and blood to suck the out the bone marrow" metaphor is more apropo than you might imagine.

    Once the last remaining store of eBay cash is depleted ("sucked out"?), about 3-4 billion dollars in European banks, we should see the eBay Board's end game.

    Should take about, oh 3 years.


    "Don't you know what's goin' on out there?"
    Ben, Night of the Living Dead (1968)
  • searlesmike · 9 months ago
    Great content - only issue I have relates to delivery. Generally, I and my ilk read and digest info like this on the go - in front of our machines, we tend to be all-work-and-no-learn. Throwing this out via twit & fbook makes me think I can click through and read it. Adding the "Download here" step means I can't do so via my mobile - at least not easily. Just a thought - keep burning, though, sir! Lovin it!
  • VonAnonymous · 9 months ago
    I am on the opposite end of the spectrum, rather believing people should just leave ebay. that it is well beyond all repair. I think the term is FUBAR. Yet, this is one of the best ebay related reads in quite some time. Still shaking my head in disbelief at the contents and concepts of the analyst day event. What do they do for an encore I wonder? ROFLOL. Thanks ColderICE.
  • Lisa · 9 months ago
    I go on rants about Ebay too, but there's really nothing sellers can do except leave. At this point, I think it's a waiting game for Donahoe and his crew to get fired and then hopefully someone sane will take over and restore Ebay to some semblance of it's former self. At least you have a nice looking website, John. That's my next goal.
  • Danni Ackerman · 9 months ago
    I've been feeling that emotion for some time, finally came to a boiling point for me with the last change to My Ebay page, ebay took my ability to run my business effciently away, adapt to change? Well there is only so much contortioning I can do - so I am taking a well deserved break from ebay at the moment, it's been hard financially but emotionally I am much less stressed and have more time to spend with my children!!
  • Xebayseller1999 · 9 months ago
  • MUSK · 9 months ago
    LAST I HERD FROM VANELLA ICE YOU WAS LOVING EBAY IN YOUR YOUTUBE WERE NOT GANNA TAKE IT
  • colderice · 9 months ago
    Let me get this right Musk...eBay can CHANGE direction but I can't change my opinion? What a GENIUS mode of thinking?!?

    Thanks "genius" you are right, I should NEVER formulate new ideas based on new information. Why didn't I think of that?

    john
  • Rich · 9 months ago
    Love your blog and presentation style John.

    Been putting eBay on the back burner for a year now waiting for the nimbies to get something resembling a plan cobbled together that I could live with.

    It's hopeless.
  • phoenix2000us · 9 months ago
    Re: "the jobless, the single moms, the handicap(sic)"

    The mantra of Business is that they have an obligation TO THE SHAREHOLDERS, so unless the previously mentioned own stock...

    Speaking of which, the value of the eBay stock is down and we will see what sort of dividend (if any) is issued.

    May you live in interesting times...
  • beautifulmindless · 5 months ago
    Just letting you all know how much I appreciate your posts, and the fact that I found you though google:)