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Technology Stocks : eBay - Superb Internet Business Model
EBAY 85.21+0.7%Dec 26 9:30 AM EST
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To: Jenne who wrote (2641)4/14/1999 9:35:00 PM
From: Jing Qian  Read Replies (1) of 7772
 
I have said repeatedly before. Business-to-consumer auction will be more lucrative and easier to handle than the current eBay model, person to person auctions. The advantage is as follows:
1) Revenues from businesses are constant and predictable.
2) Consumers tend to trust business more than a individual with only a email address. So goods offered by business can be sold much faster.
3) Businesses are normally established, so less problem of fraud.
4) Simply all businesses are dying to find a place like eBay to sell their goods. As soon as eBay goes out to woo them, they will come.

So I am starting to get frustrated, why on earth is EBAY not seeing this obvious things to do? Is it difficult to do that? Not at all, simply enhance their person-to-person site a little bit, they will get a business site. I hope eBay is not stupid enough to let AMZN steal all the opportunities.

I am still long on eBay, but lately I am getting frustrated by their obvious lack of vision.
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