Not all of the analysts have chimed in, but as you'd expect the bears view this as vindication the model is broken and bulls are cheering that the company is making progress on moving towards more CPA vs. listing fee model. Most analysts are concerned that here we are in September basically and the buyer experience hasn't materially improved yet. Thus eBay is looking at a potentially disadvantaged holiday season vs. other retailers (they mean Amazon when the say this IMO).I really like how he compares eBay to Amazon.com and looks at their business models.
Friday, August 22, 2008
Scot Wingo the author of the blog eBay Strategies has a very interesting and informed opinion regarding the recent changes at eBay. He makes the points in an article in his blog titled eBay mega-changes day 3 - Wall St reaction and some 'deep thoughts'..., where he states;