Cross Border Trade 15% of Marketplaces Volume
During eBay's (NASDAQ:EBAY) road show presentation in Boston last week, I was surprised to hear that cross-border trade already accounts for over 15% of the Marketplaces volume and growing. This is clearly one of eBay's core strengths as an integrated global e-commerce destination. With PayPal's expanded seller protection to 190 countries around the world, it will be interesting to see how cross-border trade evolves in 2008.
Update: If you consider the new international PayPal seller protections together with a sustained weak U.S. dollar, this should provide a nice tailwind in 2008 for U.S. sellers. I don't think there is any other online destination in the world that can deliver international buyer traffic like eBay.
Feedback on Changes
Here is Jim Griff's take on the recent and controversial feedback changes. Griff is unsurprisingly in favor of the feedback changes, but his explanation has more information and history than some of the other explanations I have seen.