eBay exposed by major media
There were times not so long ago that any time there were some negative news about eBay, the eBay PR department would issue some positive news fluff PR releases and effectively counter the negative news with positive.
Lately, there are so many negative news articles in just about all major media that it is simply impossible for eBay PR to cover up all that negative publicity.
As eBay gets negative billing on Major media, as opposed to few independent blogs, millions of readers become will suddenly have confirmation of their own “hunch” that ‘there is something rotten in the state of eBay’.
Forbes : Reserve Not Met, Gurus Dump eBay advising investors to dump EBAY shares 02.25.08
- Forbes on eBay losing counterfeit lawsuit to Hermès in France 06-09-2008, summarizing other ongoing lawsuits by major design houses against eBay.
Business Week Auctions on eBay: A Dying Breed on 6-3-2008: As consumers opt for fixed-price purchases, what happens to the company that perfected the art of online bidding—and the scores of e-auctioneers?
- Business Week eBay Auctions: Going, Going… on 6-19-2008 :
The thrill of the hunt is fading for buyers, and longtime auctioneers aren’t happy with higher fees 
Sunday Times UK Edition on 6-22-2008 : eBay’s small sellers rebel. This year’s conference took place in Chicago and was the most controversial in the seven-year history of eBay Live. The company had been expecting 10,000 people. It looked like half that number had turned up and the exhibitors’ hall seemed to have been reshuffled to hide the gaps.
Australian News.Com.Au : My way or the highway, says eBay on 6-18-2008 : EBAY Australia has fired off a strongly worded letter to its 5 million customers, warning that failure to comply with its new PayPal ruling will result in an immediate removal of product listings. This is the strongest sign yet that nothing will stop plans to make PayPal, an eBay subsidiary, the only electronic payment mechanism available on the auction website. EBay’s directive comes despite a preliminary ruling last week by the competition watchdog that restricting transactions to PayPal would be anti-competitive.

NY Times EBay Tries to Buy a Little More Love From Sellers on 6-20-2008 : The key problem with eBay is that the value of what it offers has not kept up with the price it charges sellers. Between the fees to list items on eBay — essentially advertising — and the PayPal transaction fees, eBay often charges about 13 percent of each transaction. Sellers can pay a tad more, about 15 percent, to sell items through Amazon.com’s Marketplace service, where they get a little more protection against fraud and a site that arguably offers a better experience for their buyers. Or they can set up their own Web site and buy advertising and transaction services a la carte — an ever-more-effective option as people increasingly shop through search engines. These days, many consumers associate eBay with fraud and scams as much as they did with unique items and bargains a few years ago.
Wall Street Journal EBay Angers Sellers, Pleases Buyers on 6-24-2008 : EBay has operated a feedback system that let buyers rate their experience with sellers and vice versa. The company has now shifted to a system under which only buyers rate sellers. The sellers say that leaves them open to forms of blackmail and extortion by buyers, such as threatening to leave negative ratings if sellers won’t make such concessions as giving partial refunds to buyers who contend they pay too much.- Wall Street Journal EBay Gets Little Love from Software Makers on 5-22-2008 : Software & Information Industry Association says many of those programs are pirated, and it hopes to publicly shame the e-commerce giant into cooperating with the software industry’s anti-piracy crusade. The software-industry trade group criticized eBay for being “totally non-responsive” to its efforts to eliminate fake or copied software from the auction site, says Keith Kupferschmid, the head of intellectual property at SIIA.
Check out the comments on the above articles. There are thousands of unsatisfied eBay sellers and buyers reacting to recent eBay changes.
eBay shares fell from $30.38 to $28.17 in past 30 days.
Yahoo finance forum for EBAY stock is flooded with unhappy EBAY sellers and buyers who resourced to account for their negative experiences with eBay and PayPal there as more and more eBayers realize that eBay will not listen to any other voice of reason but it’s Shareholders and financial bloggers are also noticing the trend: Here is a lates article eBay Falls from Grace from Yahoo Tech Ticker Blog
