Yeah, how profound eh? :)

eBay fury fires competition

“As the controversy surrounding eBay’s decision to compel sellers to use its PayPal service builds, a group of ex-power sellers have banded together and left eBay to launch their own auction site.”

A group is much more than a drop. They’re calling the new auction site “bang4bucks” and though the projected launch is May 1st. they have auctions running currently. That is probably because they’re actually using the Auctionia site right now and have “bang4bucks” framed in your browser. That has no negative inferences at all.

“Chief executive Debbie Williams, who has made her living from eBay during the past five years and is a power seller, hopes that over 500 sellers will be listing products and more than 5000 buyers will be active on the site in the first month.”

In spite of the fact that big outfits like eBay seem to generate an attitude of untouchability, which is why they make decisions with an attitude, this is a completely normal run-off reaction to what is perceived as greed and avarice, whether that is what it is or not.

“The global eBay community is worried that Australia is just a test market for a worldwide rollout of the PayPal policy and is watching the Australian Competition and Consumer Commission examination of the competition implications of the eBay action closely.”

Just an FYI - Digital Products

In the natural course of human events…

You anger your customers long enough and loud enough and they will rebel! Competition that you never heard of will also spring up out of nowhere. No one is immune to the forces of folks who want a different way to live and are willing to go to whatever lengths to find (or create) what they want.

Even if, in the past, you have altered your policies and gotten past those uproars. Even if you’ve been able to weather the loss of both sellers and buyers previously, there comes a line in the sand. If you cross that line you will pay the price. The trick is to make the determination where that line is and that is usually not to be done.

So, the comment arrives here and we discover new competition in an old suit;

Read more