eBay’s core business used to be Auction Listings, and their buy-it-now series of events. Claiming that it was only a venue. In 1997 it was only a venue. Now with the advent of requiring their sellers to be bonded, coming up with rules that allow only sellers who make a whahoo of money (some are legit, many are not) Because of that, many of the legit sellers are gone.

The fun auction format that millions loved is gone – and they want it back because it soothed their instant gratification button. But they are not going to get this unless they go to a real auction or to a site that allows them the action of bidding online.

They have changed CEO’s and the new person is one who likes to manage their business to zero, so we can expect eBay to raise fees and cut services.

I referenced that they are more than a venue, they have become a security & trust agency with fiduciary duties with PayPal. Sooner than later – it will become evident that they will need to become a licensed auctioneer if they will continue their efforts.

To many in the seller community, eBay is basically a dead venue. You will continue to see many sellers no longer consider eBay the bread and butter.