Loading...
Symbols:
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
Transcripts
- American Vanguard Corporation Q3 2008 Earnings Call Transcript
- Oplink Communications, Inc. F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Albany Molecular Research, Inc. Q3 2008 Earnings Call Transcript
- Alphatec Spine, Inc. Q3 2008 Earnings Call Transcript
- Avanex Corporation F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Alnylam Pharmaceuticals, Inc. Q3 2008 Earnings Call Transcript
- eHealth, Inc. Q3 2008 Earnings Call Transcript
- MIPS Technologies, Inc. F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
- Alexza Pharmaceuticals, Inc. Q3 2008 Earnings Call Transcript
- Alkermes, Inc. F2Q09 (Qtr End 09/30/08) Earnings Call Transcript
-
Editors' Picks
-
Most Popular
- Throwing in the Towel on This Market?
- General Electric: Genuine Risk of Collapse?
- Food: Against Self-Sufficiency
- The Fed: Now the World's Largest Private Bank
- Key to the Global Equity Market: Trend and Cycle Analysis of U.S. Retail
- Can a Global Economy Be Managed One Nation at a Time?
- Full list of Editors' Picks »
- Jim Rogers on China »
- Memo to Warren: AmEx Preferred at 15%, Warrants at $12 »
- Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor? »
- Peak Oil's Bell Is Ringing »
- UltraShort ETFs: At a Tipping Point? »
- The Biggest Problem Detroit's Big Three Face »
- 11 Stocks Selling Below Cash »
- Tech May Be a Wreck, But This Isn't 2001 »
- General Electric: Genuine Risk of Collapse? »
- The Autos and Mentality That Ruined Detroit »
- Iceland: What It's Like to Live in a World Without Money »
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Trading Center
- Free E-Newsletters
- About Seeking Alpha
- About Us
- Contact Us
- What's New
- Readers Feedback
- Advertise With Us
- Contributors
- Contribute an Article
- Feature Your Book
- Our Contributors
- Anonymous Contributions
- Dispute an Article?
- Legal
- Terms of Use
- Privacy
- Copyright
Et tu, Brute!
193 Comments
Paypal Holds Sellers' Funds Hostage
You are absolutely correct. Same experience here before I left ebay permanently several months ago.
Whenever transferring money from paypal to my bank account, or vise versa, it took 10 days! Everyone I know has had the EXACT same experience! Of all the people a few years back who inspired me to plug in to ebay, and love it themselves, every last one of them have left and don't use it AT ALL anymore.
About a year ago my daughter my daughter executed a friendly refund on ebay as agreed with a buyer when the garment did not fit. She had to transfer the money from her bank account into paypal account. It took... wait for it ... 10 days! Fortunately, the buyer was very understanding and there was no backlash in regards to feedback!
My daughter hasn't used ebay/paypal since. Responsible people do not continue to use irresponsible venues.
As Dinah Balk has stated in previous articles, and you can verify this for yourself, ebay inc makes 10 MILLION per quarter from money on the float.
And before all the cheerleaders start crying that "every" money facility does this, not for 10 days, they don't! NONE that I know takes TEN DAYS to transfer money.
For all ebay's stiff operation requirements they hold themselves exempt.
Contemptible.
eBay Buyer Incentives Are Not a Good Bargain
Sound familiar?
If BML had been a respectable venue, I've not doubt Amazon would have snapped it up!
Ebay and Bill Me Later. Certainly not a match made in heaven.
How do these "venues" find each other?
LOL!
eBay Buyer Incentives Are Not a Good Bargain
Dinah,
In truth, the ebay / paypal cheerleaders are getting so monotonous and boorish it's getting to be a chore to bother responding. :~}
eBay Buyer Incentives Are Not a Good Bargain
eBay Buyer Incentives Are Not a Good Bargain
By the way, let's watch the breaking news on the latest ebay corruption: the e-checks thru Paypal that DON'T work. Notifications that the checks have cleared but, oh, oops, sorry, seller, no, it hasn't cleared after all. And etc. Another straw on the camel's back.
Time to light a fire under the Governor, and the State Attorney General.
Enough is enough.
I've a feeling that once the Presidential election is over, IT is going to break loose!!! I, for one, am going to do my best to help it do so!!!
The Skype's the Limit
The Skype's the Limit
I was a Powerseller on ebay with 100% feedback. I left. It was my own choice and carefully thought out over a period of time.
I decided I did not wish to continue supporting such a greedy, devious entity as ebay that is so completely lacking in integrity and character.
I sell elsewhere and do so with much less stress, where there is constancy and character and real customer service. Where if a problem arises with a seller I have a fair shake with winning.
I speak, by the way, of more than one site.
ebay opened a Pandora's box when they rattled it so hard. Between Google, Youtube, and MySpace, among so many others, there is now vast opportunities for selling elsewhere. And buying.
It's a Pandora's box they'll never be able to close successfully, no matter how hard they squeak.
The Skype's the Limit
Another one-time-posting wonder pops up. It's a rock, all right. And rocks sink.
"Buying" means nothing, dude. You're not gettin' it!
No Christmas for eBay Sellers
Raw Data Report: Amazon, Logitech
Raw Data Report: Amazon, Logitech
I've been seriously eyeing Amazon's Kindle. Juggling time and trips to the library (still a marked savings against a hardback and paperback new publication) I think would off set fuel and time cost. I simply cannot keep every book I read, or hassle the donation or resale. New releases drop in value usually like a rock.
I just want to read the book. Kindle looks to be a really good solution. I think it will gain momentum over the next few years.
No Christmas for eBay Sellers
Wow! I've been swamped working my sites. Very busy. Took a peek... can't resist!
And was struck by an enormous impression. With this new CEO, and his dogged determination to "change" the site to Amazon (and I won't bother to go THERE) the unbelievable harm he has managed to -- not dole out --- but sledgehammer -- to honost, hard working folks making a satisfying living, MANY and MOST of whom were the backbone of creating the behemoth success ebay has enjoyed.
We all know this. Most of us have been reading. And posting. But it continues. It just goes on and on. And on. Sellers falling daily by the roadside. This is really bad. I mean, it's really bad. The extermination of the standard seller is wrong. It is.
It is unconcionable. This leaves such a bad and bitter taste. There is not a SINGLE ebay regular user that I have talked to in the last few months that does business with ebay anymore. None. It's not the sellers. Has nothing to do with the sellers.
Ebay has become dispised. JD needs to go. It's true. But he has been ALLOWED to plunder and destroy. Why is that?
I for one have no trust in the ebay "venue". Obviously JD is only the tip of the iceburg. And it's what's below the surface that concerns me.
The ebay "venue" would have to work long and hard to win back my trust again. Earn my trust.
Earn it.
Joe and Jane Average don't get to have Golden Umbrellas to fall back on if they mess up. Pay someone millions of dollars to get rid of them. What is this world coming to? Thinking? Real life for us is different than those of CEO's and Members of the Board. In the long run, this mammoth screw-up will take some serious fixing. Serious. Check with Webster on the meaning of serious. Refresh you understanding of the meaning.
And trust...
Earned back.
Earned.
eBay in the Basement - But Not for Long
All I've had time for lately is to read on Seeking Alpha. Barely! I'm too busy... with sales!
P.S.: Why is it these one-time-posting-wonde... for ebay only have a one-word vocabulary... and that's "whine". Or "bash" (pot calling the kettle, etc) Get out of grade school and try posting some substance on the venue.
I'm working, dude! Not whining!
eBay: A glimmer of Hope for Feedback
I now make a solid living wage by working other sites.
There are several regular posters "not posting" as much as previous. I suspect they are busy, busy, busy selling on their new sites. Working. Hard.
The shopping season is rapidly approaching. Do NOT delay, the time is NOW to start if you have not already begun to diversify. Do not miss the opportunity.
Do you want to survive, or thrive?
Otherwise, it might very well be a case of you reap what you sow. Or don't.
eBay: A glimmer of Hope for Feedback
Paypal will keep ebay afloat for many a year unless other venues are promoted and worked. Go to other sites that are fast growing; they offer Googlecheckout etc. Promote alternate pay venues actively and help to solidly establish and make their revenue healthy.
It will be a lot of work, I know. Often I put in 12 to 14 hours a day. But without a doubt current ebay sellers now put in this kind of time, and are now not rewarded with suitable monetary value.
In these uncertain financial times it is best to diversify. Life is now much more stabilized for myself and I'm sure others, too, that have gone elsewhere.
ebay is freely spending your hard earned money acquiring other venues while dumping employees just at the start of holiday time. They have a healthy balance sheet now but if there is a world wide financial crash...?
I hope to be ready. By the way, all this turmoil ebay has created has opened a Pandora's box that ebay can no longer close. Smug enough not to realize how fully it has taught MANY to conduct searches and shop elsewhere. The quality of buyer seems to have VASTLY deteriorated since Donahoe took over.
But that's another post.