- This morning I received an email from an eBay seller in the computer category who is struggling to adjust to this weekend's news. He can't afford to compete against Buy.com in CORE so he is relegated to Store listings which don't get near the exposure. Add to this that Buy.com is offering lower prices and free shipping and it is a perfect storm for a major slow down in business.
- Sellers in the Media category are concerned that the CORE listing advantage given to Buy.com will greatly affect their sales. Most large Media sellers list a couple of thousand CORE 7-day listings; not 200K 3-day listings like Buy.com
- How many buyers will Buy.com siphon off of the platform. Once they've made their initial purchase on eBay, why mess around with the terrible search experience of eBay, when you can go right to Buy.com to purchase your next item?
Let me know what you are seeing in your business, so I can keep everybody up-to-date.
Update: It looks as if Buy.com has ceased using Immediate pay on their listings, which can mean that the sell-thru isn't as great as they had hoped (I've heard that 25% of orders with Immediate Pay actually never complete). Or more likely, they can't combine orders with immediate pay so they've removed it to provide customers with combined shipping.
Now of course they will be subject to all the NPB's (Non-Paying Bidders). It will be interesting to see how Buy.com reacts to the infamous eBay buyer -- lots of work.
Just my 12% (Since I can't get Buy.com 8.75%)