This comment is not to suggest that free shipping and 24-hour customer service are not good services, but that understanding why customers come to you is much more important. If eBay becomes just like Amazon, why would this be good news for eBay fans?
It's obvious to the point now, that someone has even written a book about it. Analysts are even finally catching on to the real issues behind this:
Oct 12, 2007: $39.90 per share
Feb 23, 2009: $11.53 per share
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Update: Four days later, eBay shares hit their lowest price in seven years.
But now, six months hence, the stock price is on the way back up, and last I looked was over 20. Couldn't all this just be normal, economy-related cycles?
Posted by: Kathy Hunt | August 10, 2009 at 08:54 AM