whattheheck

6 Comments

    • ON: Mon Apr 7th 16:29 PM
      Commented on:
      Not Seeing a 'Better & Safer' eBay
      Also Dinah --

      "1) The seller has higher than 5% buyer dissatisfaction rates (DSRs);

      2) The seller has less than 100 feedback; or

      3) The items are listed in categories with higher rates of buyer complaints. "

      Those figures make absolutely perfect sense now that I've explained about over 5% loss to fraud in regular brick & mortar stores as well as other sites & under 2% loss via PayPal....By eliminating fraudulent sellers from being able to transact without using PayPal, people will lose less money...makes even more sense now doesn't it? Less than 100 fdbk means your still fairly unknown to the community (billions of other user's & no not in the McDonald's kind of way, those billions are still actively using eBay)
      View article »
    • ON: Mon Apr 7th 16:21 PM
      Commented on:
      Not Seeing a 'Better & Safer' eBay
      Ok, suddenly ricochet's name became marion ts...wow. Let's stick with 1 username shall we?
      View article »
    • ON: Mon Apr 7th 16:20 PM
      Commented on:
      Not Seeing a 'Better & Safer' eBay
      Response to ricochet....

      LOL. I just looked at that site. It's interesting that you posted only the negative & neutral fdbk rec'd over the period of Jan. 2007 to Jan. 2008 from sellers only. Looking at the persons total fdbk I see he had 9190 positive/ 40 neutral/ 147 negative in the past 12 months. Total of 98.7% positive fdbk. That's 1.3% negative fdbk within that entire year. Do the math and look at these other wonderful sites/brick & mortar stores & see how much money they lose to fraud on a DAILY basis, not yearly. I'm willing to bet it's more than 5%. So while Amazon's numbers look good right now, I'm thinking to myself, how much money are they losing to fraud....oh wait, I don't think their losing that much because they prefer PayPal as a payment option, and a majority of the money they are paid is paid via PayPal. Who owns PayPal again??? Kind of goes hand in hand with the fact that most reputable businesses, not just eBay prefer to use PayPal due to way less fraud lost. So if you ask me, those stock prices and $ amts you provided are either not completely accurate, or if they are just go to show once again that eBay is way under what they should be in the stock market right now.
      View article »
    • ON: Mon Apr 7th 15:43 PM
      Commented on:
      Not Seeing a 'Better & Safer' eBay
      Wow. Is all I have to say. If everyone thinks this stuff is so easy to read, you haven't done your homework and looked at the ease of use & reading on the PayPal website.

      These postings are with such venom and misguided tripe. "In Febuary 2008 Citibank estimated Paypal earns approximately $10M quarterly "floating" our monies." I'm assuming that by this statement you mean to say that Citibank & these 'other financial institutions' who have absolutely no affiliation w/eBay or PayPal other than their bank accts/credit cards are allowed to be used on the sites, somehow committed some sort of espionage to gather this information? Bullocks!

      'I own a successful paralegal firm.' -Perhaps you should read the policies front to back on both eBay and PayPal, make a few phone calls for further explanation if you still don't understand what it means...and by all means start your own website, but enough is enough.

      That would explain why your postings are so easy to relate to for some of these other readers. Do the words ambulance chaser mean anything to you? I'm guessing if your paralegal firm was that successful you'd have sued eBay for ownership rights or a large sum of money and won.....No??? I wonder why that is. Perhaps you need a few more million sellers to sign up & feed in to your tripe, then take it to court and 'make a deal'.

      As far as buyer's leaving to go with seller's....what makes you think this would happen? Considering all of the changes on the eBay site are directed towards making their buying experiences more pleasurable and safe. They will no longer have to worry about receiving a box w/the wrong product and not want to file a complaint for fear of a seller leaving them bad feedback. Also they won't have to worry about a BAD seller, yes a BAD seller taking their money and running, because they will HAVE to use PayPal--By all definition, yes those would be considered BAD sellers, because if they allowed those sellers to use any other form of payment, then the amount of bad buyer experiences on eBay would then be equal to that of other websites. The action they are taking right now is removing those bad sellers from the site. I presume more than 1 or 2 of them are posting messages here.

      I love how all of the research in every posting from you guys has either completely INACCURATE information or false trumped up BS to get people into a panic.

      Coincidentally what do you think will happen once all the bad seller's have moved on to other sites? Do you think that might increase the money that the legitimate seller's make? Do you think that might drive more buyer's to your listings, without having to worry about the fraudulent 1 penny listings getting in your way? Hmmmm...have you caught on to what I'm saying by now? Or is all of this falling on deaf ears?

      But hey, some people still never read, listen &/or learn.
      View article »
    • ON: Mon Apr 7th 15:15 PM
      Commented on:
      eBay: Where's Oprah When You Need Her?
      Wow. Is all I have to say. If everyone thinks this stuff is so easy to read, you haven't done your homework and looked at the ease of use & reading on the PayPal website.

      These postings are with such venom and misguided tripe. "In Febuary 2008 Citibank estimated Paypal earns approximately $10M quarterly "floating" our monies." I'm assuming that by this statement you mean to say that Citibank & these 'other financial institutions' who have absolutely no affiliation w/eBay or PayPal other than their bank accts/credit cards are allowed to be used on the sites, somehow committed some sort of espionage to gather this information? Bullocks!

      'I own a successful paralegal firm.' -Perhaps you should read the policies front to back on both eBay and PayPal, make a few phone calls for further explanation if you still don't understand what it means...and by all means start your own website, but enough is enough.

      That would explain why your postings are so easy to relate to for some of these other readers. Do the words ambulance chaser mean anything to you? I'm guessing if your paralegal firm was that successful you'd have sued eBay for ownership rights or a large sum of money and won.....No??? I wonder why that is. Perhaps you need a few more million sellers to sign up & feed in to your tripe, then take it to court and 'make a deal'.

      As far as buyer's leaving to go with seller's....what makes you think this would happen? Considering all of the changes on the eBay site are directed towards making their buying experiences more pleasurable and safe. They will no longer have to worry about receiving a box w/the wrong product and not want to file a complaint for fear of a seller leaving them bad feedback. Also they won't have to worry about a BAD seller, yes a BAD seller taking their money and running, because they will HAVE to use PayPal--By all definition, yes those would be considered BAD sellers, because if they allowed those sellers to use any other form of payment, then the amount of bad buyer experiences on eBay would then be equal to that of other websites. The action they are taking right now is removing those bad sellers from the site. I presume more than 1 or 2 of them are posting messages here.

      I love how all of the research in every posting from you guys has either completely INACCURATE information or false trumped up BS to get people into a panic.

      Some people still never read, listen &/or learn.
      View article »
    • ON: Tue Mar 11th 20:30 PM
      Commented on:
      eBay Management and Sellers Need Relationship Advice
      Ok, so, correct me if I'm wrong, your all making money on eBay, enough so that you don't have to work for a "PayCheck" job...and your looking for a cheaper version of eBay that can provide the same security & income. I have to ask, What percentage of your business is lost to fraud? If it's less than 5% your in great shape. Most brick and mortar stores lose a majority of their money. As far as an analogy that makes no sense.....because it's not a marriage at all. It's a business partnership, and in business, would you expect your business partner to wipe your arse for you, as much as like the way eBay does for their Power Sellers?

      Your all forgetting that eBay owns Skype, they own PayPal, they own many other companies and websites internationally because they are looking at fusing them all together into one mega business. If everyone in the US leaves, they still have Europe/Asia etc., eBay is everywhere. Some of these other companies just sticking their hat in the arena because they have heard people complain about the eBay fees, and think they can woo away all the sellers with grand promises (are more like Trojan Horses). They have no clue how to control fraud, and fraud on the internet is sooo much worse than a brick and mortar store, because you can't see your seller or buyer physically, unless your selling vehicles or items for pick-up only.

      I agree that it's a pain to have to continually fax in documentation, because they want to make sure that their "fraudulent" sellers/buyers don't come back, and/or they saw something "suspicious with my account activity" and to make sure that their PowerSellers don't go bad. (And trust me it's happened, I've been burned by a few Power Sellers, i.e. bought a PS3 video game brand new fairly cheap from a Power Seller lvl 66, they sent me a game for the Xbox360 platform, which I don't own, and their response after making me pay for shipping was that I had to pay for shipping the game back as well and would not get refunded the shipping costs. That chaps my hide, because they forget they were once just another person, not some rich spoiled eBay brat, looking to abandon the company that made them who they are. UGGGH!)

      So, I ask this final question......once you leave eBay, where is there a comparable market with that kind of security for much cheaper? If you know the answer, I for one would appreciate to hear it. So that's my 12% and if the economy in the US gets worse probably more close to 20%.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»