Update: EBay lowers fees and tightens seller standards
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InfoWorld - EBay unveiled changes to its online marketplace Tuesday that the company characterizes as sweeping and historic and that are aimed at boosting sales by making the shopping experience simpler and safer.
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EBay&#39;s online payment service PayPal has suffered intermittent glitches since late last week, locking some users out of their accounts for long stretches and making
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PayPal, eBay Inc.&#39;s (EBAY.O: Quote, Profile, Research) online payment service, will expand its US buyer protection program to cover up to $1,000 for qualified transactions, the company said on Thursday.
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Online marketplace eBay on Thursday announced changes to its top management aimed at broadening the executives&#39; leadership experience.
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The online auctioneer singles out cheap media for new fee cuts.
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As listings migrate to the Web, the broker's traditional fee is threatened.
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In an effort to reinvigorate growth, John Donahoe, the new chief executive of Internet giant eBay, said he would shift the companyâs emphasis from auctions to fixed priced listing.
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A surprising number of items on eBay are available for just one cent. So where is the profit? (Hint: Watch those shipping charges.)
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Even with hefty shipping cost, final price after rebates is relatively low. Also, deal doesn't require subscription to Internet service.
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PayPal said late Tuesday that it has fixed a software glitch that locked some of its customers out of their accounts and crippled eBay users&#39; ability to complete online transactions.
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A dip in listings is no deterrent at eBay.
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Lesson learned: Google has realized its party to attract eBay sellers may have been in bad taste.
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EBay is moving to quell a wave of discontent among individuals and small merchants who sell on the leading online auction Web site.
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EBay, the online marketplace, yesterday continued its push across the globe with a $530m (Â£296m) offer to take full control of its South Korean affiliate, Internet Auction Co.
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EBay said it will cut by up to 50 percent the fees it charges sellers to list their goods online, in an effort to boost listings and keep pace with other burgeoning e-commerce sites.
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EBay sellers are calling for a strike in the wake of changes made to the fee structure and feedback system. Skeptics say it will have little impact.
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EBay isn't winning a whole lot of fans with its controversial new fee structure. Sellers say the new system equates to a rate hike. The company, by contrast, estimates that 60 percent of sellers will pay less in fees, so long as they provide quality customer service.