does eBay have any major competitors?
- Thread starter Ns1
- Start date
Pliablemoose
Lifer
- Oct 11, 1999
- 25,195
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I think they outrank their competition by several factors, rather than on a percentage basis. Thats why they can get away with as much as they do.
-PAB
-PAB
Haha. I did a title search for "secure digital."
Yahoo! Auctions came up with 2 results.
eBay came up with 505 results.
Oh, don't even start this, you sound like our wonderous government.
Ebay has no major competition for the same reason that Microsoft has no major competition. Because they deliver a better product than anyone else, and do a good job of getting their name out and becoming well known!!! It's called good business!! If they screwed everyone over like they supposedly do, they wouldn't be in business too long, because everyone would either go somewhere else, i.e. Yahoo, or they would find other ways to sell their product.
Ebay has no major competition for the same reason that Microsoft has no major competition. Because they deliver a better product than anyone else, and do a good job of getting their name out and becoming well known!!! It's called good business!! If they screwed everyone over like they supposedly do, they wouldn't be in business too long, because everyone would either go somewhere else, i.e. Yahoo, or they would find other ways to sell their product.
Ok, here we have is uninformed opinion.
MS makes a PRODUCT. Ebay offers a SERVICE.
With Microsoft, major arguments stem as to the validity of their business practices (Bundling IE with an OS for one, and leveraging the use of their product unfairly against the end user without their consent).
With Ebay, they dont screw EVERYONE. They screw a select group, and those that DO get screwed arent usually heard in the same way. They set polices that benefit THEIR bottom line that capitalize off fraudulent acts that occour in THEIR area of "suprivision".
-PAB
Not here in the US of A, but I'm pretty sure they don't have quite the same share of the auction business in some other countries. I recall reading that they were doing pretty badly in Japan not too long ago. Don't have any hard data but if you search news sites like cnet you'll probably find stuff about it.
I dont belive you did, but the fact of the matter is that they are multiple times larger than the competition.
-PAB
What is wrong with them bundling IE with their OS?? It is their product, as you said yourself, and people choose to buy it. If they do not like IE, they can go to www.netscape.com, and in an hour or so, have an alternative browser. I do not see anything wrong with that.
Microsoft is not at the top because of "leveraging the use of their product unfairly against the end user without their consent". They are at the top because they have created a product that is better than anyone elses'.
As for Ebay, please enlighten us on the "select group" that is discriminated against by Ebay, and the supposed "fraudulent" acts that they are subjected to.
Exactly. That is business. You offer a better product than anyone, you get the most money. You can call it a service, I call it a product. Welfare is a service.
I read somewhere recently that AOL was going to start their own auction service as part of their restructuring program to save their a**ses from dwindling profits. Any truth to this?
gump47371,
You don't understand basic Antitrust law so why try to argue about it?
As for ebay, they don't have any major competitors. The network effects in the online auction market shut out any serious challenge from competitors. Put in layman's terms, sellers want to sell where all the buyers are at, and vice versa. It would be foolish to sell in a smaller marketplace than ebay.
Now if the online auction marketplace were say 20 to 50 times larger, then you might be able to support two or more major players. Even then, as by far the entrenched leader, ebay has significant advantages over any would-be challengers. Nobody is saying ebay is doing anything illegal, but they darn near enjoy a monopoly position in online auctions.
And to be clear to those who've never taken Econ 101, monopolies are perfectly legal in the U.S. Just don't break the law once you get there.
You don't understand basic Antitrust law so why try to argue about it?
As for ebay, they don't have any major competitors. The network effects in the online auction market shut out any serious challenge from competitors. Put in layman's terms, sellers want to sell where all the buyers are at, and vice versa. It would be foolish to sell in a smaller marketplace than ebay.
Now if the online auction marketplace were say 20 to 50 times larger, then you might be able to support two or more major players. Even then, as by far the entrenched leader, ebay has significant advantages over any would-be challengers. Nobody is saying ebay is doing anything illegal, but they darn near enjoy a monopoly position in online auctions.
And to be clear to those who've never taken Econ 101, monopolies are perfectly legal in the U.S. Just don't break the law once you get there.
Anyways, I think that eBay needs to get much MUCH more popular, simply for the sellers.
If you look at the profit margins for many things on eBay, a lot of items sell for much much cheaper than their street value is and often times products sell for slightly above wholesale, whereas other products sold through retailers garner a lot of profit, the little businessman on eBay barely gets any profit. The reason? Too much competition amongst sellers, and not enough competition for the buyers. Therefore, the more buyers that go into eBay, the better the profit margins for the eBay sellers, and yet the prices will still be cheaper than street prices at B&M stores and at other online retailers.
If you look at the profit margins for many things on eBay, a lot of items sell for much much cheaper than their street value is and often times products sell for slightly above wholesale, whereas other products sold through retailers garner a lot of profit, the little businessman on eBay barely gets any profit. The reason? Too much competition amongst sellers, and not enough competition for the buyers. Therefore, the more buyers that go into eBay, the better the profit margins for the eBay sellers, and yet the prices will still be cheaper than street prices at B&M stores and at other online retailers.
"Street value" you mean retail.
Lets use computer goods specifically. As far as Ebay goes, on a wholesale vs retail level, its cheaper for me to buy a hard drive from STAPLES than it is from a national disti like TechData. Most stuff there goes for a pittance in comparison to what it sold for on the channels.
I find that in re IT stuff, a lot of the merhchandise picked up in liquidations and major excess lots are unloaded on Ebay.
You are wrong. There are STRONG economic forces that keep Ebay ripping off sellers (YES, that is correct) and not the buyers. The LAST thing I need are more buyers in the system with its current structure.
-PAB
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