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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: The transformation of eBay posted by Awe-d-o-file on August 3, 2012 at 11:43:30:
My ex and I were primarily sellers on FeePay in the early days prior to 9/11. The whole world turned to television to watch the tragedy of the towers and the lives that were lost. Their focus then was directed to the invasion of Iraq. As Canadian sellers we felt the backlash (fewer if any bids) by Americans because of our country (and France as well) decision not to participate in the search for "Weapons of Mass Destruction". Since everybody was watching TV sales at FeePay dropped and so did the profits. To regain the buyers the policies were altered to favour the buyers who drove the profits. The fixed price (Buy It Now) was adopted by sellers to protect their own profits from the uncertainty of fickle and fewer buyers. feepay introduced the storefronts so they could collect more from listings to offset fees collected from fewer sales.
The site changed from a friendly "community" to a more business only model to maintain the bottom line.
Does anyone else get the Feepay owned Paypal link at the bottom of this site's page?
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- RE: The transformation of eBay - defdum&blind 23:11:59 08/27/12 (0)
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