In a series of interviews, Mr. Donahoe acknowledged that eBay, based in San Jose, Calif., didn’t adapt fast enough to shifting e-commerce winds. He now embraces a “turnaround mind-set” and is refocusing its Web marketplace toward shoppers who don’t want to waste time in online auctions.
“There are times when I wish we can close this store and just open a new store, but we can’t,” he said. “We need to make bolder, more aggressive changes to the eBay ecosystem even if they are unpopular.”
Saturday, October 11, 2008
Brad Stone of the NY Times, has written an excellent piece on the battle between Amazon and eBay -- I remember him telling me, it was going to run in the Sunday print edition as well. So if you get the NY Times check it out.
There are too many interesting observations to quote in this one blog post, so head on over to the NY Times and read the article. Or just click on the title of this post.
Oh okay, I'll quote one section
Blast from the Past: I dug a post out of the archives, dealing with the differences in mangement styles between Jeff Bezos and Meg Whitman, while Meg was still with us (at eBay). Looks like Brad Stone obsevered much the same thing. John Donahoe's stubburn determination to accomplish his goal in spite of all of the warning signs around him are not a good sign. He's just doing what he trained to do.
Just my 15%