Collins Stewart Upgrades eBay (EBAY) to Buy
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Collins Stewart upgrades eBay (Nasdaq: EBAY) to Buy. Price target $23.
Collins analyst says, "Based on our detailed proprietary study, we believe that EBAY is now showing many signs of a turnaround in core Marketplace. Though EBAY still has a long way to go, the signs we have seen so far are extremely encouraging. We believe eBay has been -- 1) improving its Search for the best match favoring merchants with higher DSR (avg. 4.82 in our study), 2) dramatically increasing the penetration for free shipping (at least 35% but 83% for best match) by offering incentives, 3) standing behind buyers using PayPal in case of any fraud/legitimate returns, and 4) increasing selection by implementing series of fee structure changes (higher # of listings vs. Amazon (Nasdaq: AMZN) in our sample survey). We believe that all these changes translate into higher listing conversions, GMV growth higher than listings growth, higher realized dollar value per listing for EBAY, and more satisfied buyers/sellers. We are increasing our est and believe that Street will likely follow."
eBay Inc. (eBay) provides online marketplaces for the sale of goods and services, as well as other online commerce, or ecommerce, platforms, online payments services and online communications offerings to a diverse community of individuals and businesses.
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eBay
We sold for 10 years on eBay. We have not sold on eBay since the summer of 2008. We have100% feedback, of what is remaining of our DSR rating we are still in the top 10 percent of sellers with 5.0's across the board. We have a more then 50 percent repeat buyer status with some buyers who purchased hundreds of items from us. But you see even with these great ratings eBay has publicly told us we cannot sell on the site. Why do you ask because we accomplished our record with paper payments only. Since the inception of paypal on eBay we have been asked less then 5 times "why don't you accept paypal" Ever hear the expression stupid is as stupid does. Well the same applies to eBay's management and the policy changes they have made. Because they have chased away 10's of thousands of really good sellers. Did I mention I have screen shots of eBay acknowledging our selling record but telling us we can no longer sell on the site if we don't offer electronic payments. however their are diamond power sellers who take only paypal and have sky rocketing negative feedbacks. But because they take paypal it is all ok. Do you guys really research this company or do you think it is just a lot of noise. As for myself I will go with Goldman Sachs neutral rating of eBay.
ebay
You have got to be kidding. The rules now in effect are causing sellers to leave in droves, and the unique items available have declined radically. The core marketplace is being transformed into a discount center (but not that cheap, because of the high fees) for commonly available items which can be purchased anywhere. The original unique business model is being destroyed by current management. This company is on a downhill slide unless changes are made to encourage people to sell, since without sellers, there are no buyers.
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We quit ebay selling since 2008
uimobile.com on Jun 4, 2009 02:29 AMwe are tired of ebay's arbitrary policies against sellers rather than seller-friendly policy to become win-win.. Too much uncertainty for our business when selling on ebay. .Now we sell on google search with our own website www.uimobile.com for cool watch phones.... we have much better cash flow now than ebay Ebay is in big losing !