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Technology Stocks : eBay - Superb Internet Business Model
EBAY 81.68-1.4%Nov 4 3:59 PM EST

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To: Glenn Petersen who wrote (7631)1/18/2009 5:46:24 PM
From: Thomas A Watson  Read Replies (1) of 7772
 
Glenn, the deterioration of ebay numbers is also caused by the fact that ebay sellers all despise ebay more and more every day. As of few days ago it became forbidden to put in one's listing one would accept checks or money orders. And if you do and ebay finds it, they remove the listing. This will eliminate some number of folks from using ebay. 2% currenly pay with money orders from my almost 1000 sales.

But the con game of detailed seller ratings(DSR) which are a way to dupe buyers into creating data to ebay can deny promised discounts off the 11% final values on sale price is really dirtbag.

I am a power seller and this is my tracking of DSRs given me.
ebay.homeip.net I created a DSR spread sheet and html file to compute DSR ratings as buyers withhold stars.
ebay.homeip.net

DSR are obscene, an anonymous rating system where someone for no reason ever given the seller withholds stars whose average is used to give priority to where and if one's listing will show up in searches and also for ebay to deny the promised 40% discounts on final value fees. That for me was 200 bucks for the month of December. It is also used to revoke an ebay member listing privileges thus preventing them from selling at all.

Truth being stranger then fiction. In November while I had about 25 listings in my store all that had free USPS priority shipping in the price, my listing privilege was suspended as my DSR for Shipping and handling costs fell below the suspension threshold. The other day a buyer gave my 3 out of 5 stars for shipping and handling costs for and item that had free priority mail shipping in the price.

Now that is abject stupidity running ebay.
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