Tuesday, September 16, 2008
eBay Threw a Party and Nobody Showed!
Today is the first day of eBay's new 30-day Fixed Price Listing and I know it is still early but I don't see a huge increase in listings. Medved shows CORE listings at around 15.5 million, which is up slightly but not as much as you might expect.
Maybe sellers are rolling things out slowly and we will see a gradual rise in listings as the week progresses.
Scot Wingo sees actual data from his clients and says; "Off to a slow start:
Given all the hoopla in the press and supposedly nashing of teeth around this new format, it's off to a slow start. We have about 150 customers that have listed an FP30. Here's one of the first ones if you want to see what it looks like 'live' on eBay.
Part of what's going on with the seller base is, for lack of a better word, eBay fatigue. Sellers feel their businesses have changes so much (DSRs, BestMatch, etc..) for so little/no/decline in sales that eBay is increasingly becoming a lower priority for them and thus they will tend to be reactive vs. proactive as they would have been as recently as 6 months ago. To be honest, most of our larger sellers are spending their time getting their websites and other channels ready for the holidays and eBay just isn't a priority. Of course this doesn't bode well for eBay, but it's the reality of what is going on in the grassroots of ecommerce.
So unless eBay puts a promo on the FP30, I don't see this mass switch to FP30 over the store format or anything until maybe Q1 after the holiday dust settles."
Just my 15