The idea that e*ay wants to be another Amazon is indeed an interesting notion.
There are several other auctions sites across the world, but none of them have
ever been able
to replicate or even compete with the e*ay, and that includes several over the
years that have poured millions of dollars into development and marketing, only
to go down the gurgler.
The question as to why such a successful business as e*ay has never garnered
ONE real major competitor is something that has perplexed many people,
including a couple of serious business strategists I know.
Similarly, Amazon is something of a one stop shop for so many people
internationally, that the great irony would be that e*ay in its quest to become
another, simply becomes a lame duck itself (it is already seriously limping
thanks to its near obsession with both fixing the wheel that isn't broken, to
alienating not just thousands of full and part time sellers, but buyers as
well. There are actually lots of people who do not trust PP is just one
example).
The fat lady has not yet sung, but the actions from San Jose are indeed looking
like a protracted ending. Death by slow hara kiri and using a teaspoon and not
a sword. The question that many in the business community are asking (as they
dump their shares post haste) is WHY?
Phil
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