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"Wingo says "listings are up, conversions are up and that means..... yep, GMV is up nicely and so far it's continuing its upward path." "
Mar 17 15:08 pm
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All Comments by Tony P. »eBay Watch: eBay's New Fees' Success, Skype on iPhone? [View article]
Such tripe! Those two factors - Listing Numbers and 'Conversions' (STR) - have absolutely no direct relationship to the GMV metric.
Ebay could have a million One-Dollar new listings that ALL sell and the GMV could actually DECREASE. All it would take is for the previous period (week, month, year) to have had a SMALLER quantity of true Quality goods trading at anything more than that One-Dollar amount.
The media items have increased, that is true, but who cares if there's more $2-$5 items on the site. The quality goods that sell for $25-$5000 aren't being shown in Best Match search results and sellers have stopped wasting their money in listing them. GMV is down - way down.