Greedbay Bites It

eBay Buyer Incentives Are Not a Good Bargain

Donahoe has turned eBay into a miserable experience for sellers and cut so far into their profits that many have been forced to wash their hands of the whole eBay marketplace. By turning feedback into a senseless, one way only, extortion ridden tool, implementing the truly ridiculous DSR system, massively increasing Final Value Fees while only advertising lower insertion rates, enforcing a below actual cost cap on shipping charges and no longer allowing sellers to accept any form of payment other than Feebay owned PayPal, coupled with the critically flawed search program, John Donahoe has left sellers no choice but to leave the site they helped make so successful in the first place. What a shame.

FeeBay and PreyPal now triple and quadruple dip into sellers’ profits, freeze sellers' PayPal funds for weeks on end, offer ZERO seller protection, and customer service has been diminished to cut and paste email replies and employed "script readers" on the phone. It has become a joke. Mr. Donahoe had the nerve to refer to seller's complaints this past year as "NOISE". It would appear that he is having trouble squelching the volume of that noise now. Face it, when the economy is bad, people look for a bargain. eBay used to be that perfect place to find fabulous deals at great prices. It also used to be a fun and exciting environment to be in. Now it's just a nightmare experience for more and more every day and the stock is indeed reflecting the pitiful course Donahoe has chosen. What a waste…