eBay CEO John Donahoe Wants Costco Bargain Hunters - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe

Registration is fast, simple and absolutely free so please, join our community today!

Go Back   Home > Stealth Topics > Auction Listing > eBay News

eBay News Do you have News About eBay? Spill it!

Thread Tools
Old 06-11-2009
Junior Member
Join Date: Jun 2007
Posts: 210
Thanks: 0
Thanked 10 Times in 10 Posts
Activity: 0%
Longevity: 97%
iTrader: (0)
Default eBay CEO John Donahoe Wants Costco Bargain Hunters

John Donahoe spoke at the Reuters Global Retail Summit in New York today, where he equated bargain-hunting on eBay to shopping at Costco. Costco is the largest membership warehouse club chain in the world based on sales volume and is the fifth largest general retailer in the United States, according to Wikipedia.

Donahoe said, "Does going into a cement warehouse pushing a bin, does that hold up in a world where retailing is becoming more and more sophisticated? I would say Costco's growth numbers indicate that it does," Donahoe said. "Because people want a deal. And actually you can build brand loyalty ... around having a deal."

However, is eBay really positioned to succeed in the Secondary Markets, given it doesn't take possession of inventory (and at this point, doesn't have a shopping cart or process orders on behalf of third-party sellers)?

Liquidator marketplaces such as Overstock.com and uBid buy their own inventory in addition to offering drop-shipping and third-party sales. In an interview I did last month with uBid's Jeff Hoffman (CEO of Enable Holdings), he said being able to take inventory positions is a big advantage.

Donahoe believes eBay can compete on price to keep shoppers coming back - but it has no control over inventory or prices and must rely on its sellers, who have to factor into their pricing the cost of selling on eBay, including commission fees and higher CRM costs. Does the math work, and is eBay putting (most of) its eggs in one basket?
Reply With Quote
The complete step-by-step guide to get back to selling today!


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hello, I am john wangsha17 Introductions 10 08-30-2020 06:12 AM
If My Name Is john smith and I Get Suspended. smile eBay Suspensions 6 09-08-2008 03:19 PM
Anyone know Hitler's aka John Donague's ebay email addy love to drop him a line Apathy Everything Else 4 06-30-2008 05:59 AM

Aspkin Group

All times are GMT -5. The time now is 02:04 PM.

Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58