Thursday, July 20. 2006
Good News: eBay bows to consumer pressure
In my last blog entry I ranted about the perceived downfall of eBay. I have good news for all of you: As a reader pointed out, eBay reacted to my blog and is now changing their strategy. Quoting a Yahoo News article:
SAN FRANCISCO - It has been clear to investors for some time that eBay Inc. has been losing the luster that turned the online auctioneer into an e-commerce bellwether. Now, CEO Meg Whitman is finally acknowledging things have been off kilter and is hoping to set things right by raising fees on the online stores that had been diverting traffic from eBay's auctions.
"We are trying to get back to the essence of eBay," Whitman said Wednesday during an interview.
Who's to say bloggers have no power?
SAN FRANCISCO - It has been clear to investors for some time that eBay Inc. has been losing the luster that turned the online auctioneer into an e-commerce bellwether. Now, CEO Meg Whitman is finally acknowledging things have been off kilter and is hoping to set things right by raising fees on the online stores that had been diverting traffic from eBay's auctions.
"We are trying to get back to the essence of eBay," Whitman said Wednesday during an interview.
Who's to say bloggers have no power?
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