Will eBay Create a Perfect World for Online Sellers?
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I've looked at eBay (EBAY) ProStores over the years, all 9 versions of it
and it just seems eBay doesn't get it. ProStores should be the natural
migration path for eBay Sellers; in fact Pro Stores should replace the
eBay Stores/Shops platform completely.
In a Perfect World:
- eBay would integrate ProStores into the eBay.com platform by allowing ProStores owners to post on eBay.com from their ProStores. ProStores would be the central hub for the sellers inventory and they would post CORE items and SIF items from their ProStore.They are doing something similar to this right now, by allowing store owners to convert SIF (Store Inventory Format) items to core. I can't imagine it is that difficult to add this functionality to ProStores.
- eBay would allow sellers to link back to their ProStores from their CORE listings and allow them to actually create and maximize a brand and grow repeat customers. I'm even okay with only allowing them to link to a ProStore and not to a competing website. (Baby steps, folks).
- The
eBay Store Search would present items found in all ProStores. SIF
format would be renamed PIF (ProStore Inventory Format) and allow
sellers if they chose, to pay the reduced insertion fee for less
visibility on the .com platform.
Right now, an eBay Store seller lists only the amount of inventory in their eBay store that they can afford and any return business that they get still costs them 12% on every sale.
In a perfect world ProStore owners would maintain 100% of their inventory in their ProStore and develop a listing strategy that would use CORE listings for high traffic, high conversion items; PIF listings for items that moved regularly but more slowly; "Long Tail" items would be available in the ProStore at the current minimal ProStore FVF. - eBay and Yahoo (YHOO) would work out a program for ProStore sellers to use CPC (Cost Per Click) ads on the many eBay properties, including the growing Classifieds network. eBay and Google (GOOG) would develop the same program for International ProStore sellers.
- Right now ProStores automatically submits your product catalog to Google Product Search [free]. They also provide tools to do this with three major comparison shopping engines [CSEs]: Shopping.com®, Yahoo! Shopping®, and Shopzilla®.
eBay's new management team has already broken one "sacred wall" with the announcement of category based pricing in media and it is clear to me that they want to make eBay.com a shopping portal, rather than strictly a shopping destination. So why not break another “sacred wall” and give sellers the ability to actually grow and build an online brand?
In
my scenario, eBay would be able to maintain their fee structure in each
of their advertising venues (e.g CORE, PIF, Shopping.com, Sponsored
Ads, Classifieds, etc.) and they would give ProStore sellers the
ability to maximize their advertising dollars by building a brand and
developing long-term relationships with their customers.
Once
the ProStore seller has done business with a customer, it is up to them
to work diligently to get them to return to their ProStore, where there
is a minimal FVF and a fixed hosting fee.
This gives ProStore
sellers a huge advantage over any other webstore platforms (e.g Yahoo
Stores, Amazon WebStore (AMZN), eCrater, Volusion, etc.) and sellers can
finally gain a little control over their marketing expenses and their
business.
Most eBay sellers do not want to leave eBay, they just
want to sell products and they are willing to pay eBay for the traffic,
they just want to control their business.
eBay management has
the ability to make this happen right now and keep competition at bay.
Will they do it? Only time will tell if this management team has the
guts to create a “Perfect World” for online sellers.
Just my 12%.
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This article has 1 comment:
I started with Amazon last year. It took two easy steps to list, no reading and no multiple options to wade through. After listing it I didn't have pay attention to the item until it sold. After that I paid a single fee and viola. I was done.
Ebay = complicated, time consuming
Amazon = simple to understand, minimal sales management
as well as having to pay auction listing then having to relist again if not sold, then, if sold, having to go through ebay checkout then Paypal checkout with its different fees and never really getting a grasp of