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Amazon (AMZN) -1.9% and eBay (EBAY) -2%, following markets lower, after ChannelAdvisor reports...

Amazon (AMZN) -1.9% and eBay (EBAY) -2%, following markets lower, after ChannelAdvisor reports same-store-sales growth declines for clients relying on the companies in May. Amazon's growth rate fell to 25.8% (its lowest over the last 12 months) from 30.6% in April, and eBay's fell to 16% from 20.5% (auctions -18%, fixed-price +16%, Motors +30%). The numbers also aren't great for Google (GOOG), which is seeing rising e-commerce ad competition and has been tweaking its strategy: sales from search ads -0.8%, and comparison shopping (e.g. Google Shopping) +0.3%. comScore puts total U.S. e-commerce growth in the 14%-15% range.
Comments (2)
  • Joe Eifrid
    , contributor
    Comments (338) | Send Message
     
    Check out AMZN's traffic on Alexa. It looks very weak. Do a compare with EBAY. Tow metrics I look at are 'pageviews/user' and time on site.

     

    http://bit.ly/SNjlmK
    11 Jun 2013, 01:10 PM Reply Like
  • gmmpa
    , contributor
    Comments (491) | Send Message
     
    Why should we be surprised? These results are a sign of a very weak economy propped up and awash in cheap money and misguided monetary policy. There is no real GDP growth dispute what is reported in the News. Unemployment is north of 15% not 7.5% as the government would have us believe. Real business and consumer taxes are killing growth. We all know this and still we look at these accounting results and try to make good investment decisions. It is all a waste of time.

     

    I guess the NSA will pass this comment on to the IRS. I already hear a knock at my front door. Dispute this we must stay in the game. It is the only one we have. I still like Google more than Amazon and Ebay which is really mostly retail in nature. Sooner or later the government will run out of other people's money, policies will change and common sense will make a comeback.
    11 Jun 2013, 09:26 PM Reply Like
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