>>188169, >>188170, >>188171, >>188172, >>188173, >>188174, >>188175, >>188176, >>188177, >>188178, >>188179, >>188180, >>188181, >>188182, >>188183, >>188184, >>188185, >>188186, >>188187, >>188188
>>188188, >>188189, >>188190, >>188191, >>188192
jake2b @jake2b - after reading this it clicked for me why Ryan Cohen was wanting to speak with eBay sellers. $eBay today is just coasting on cruise control under a “if it ain’t broke, don’t fix it” model and it’s paying the management fat compensation while shareholders are left with missing upside on their investment.
there is no incentive to better the business or disrupt the status quo and this is how you end up with ideas like an on-site pub with free alcohol for employees.
this is a great example of how Ryan is always thinking many steps ahead. sellers aren’t voting on a merger but without them, there is no eBay marketplace. they are the lifeblood and eBay management today is neglecting them because they know there is nowhere else for them to go.
now I get why he keeps saying he wants to “run it like a family business.”
Quote:
0xMattt @0x_Mattt
I've sold on $eBay for nearly 10 years with 100% positive feedback and built an original automotive brand from the ground up.
Today I searched for one of my flagship products in an incognito browser... and couldn't find my listings in the first 5+ pages. Instead, I found copycats selling knockoffs of my designs.
After digging in, I discovered my account is rated "Below Standard" because of 18 inventory cancellations out of 749 transactions (2.4%). Not because of unhappy customers. Not because of returns. Not because of negative feedback. My feedback is still 100%.
I called eBay support hoping someone could review the situation. The response was essentially, "There's nothing we can do."
That's frustrating as a small business owner. Customer satisfaction, product quality, and a decade of reputation seem to matter less than a single metric crossing an arbitrary threshold.
Imagine what a marketplace could look like if it actually prioritized seller reputation, customer satisfaction, and original products while making it easier to deal with counterfeit and copycat listings.
That's one of the reasons I'm excited about the potential of GameStop $GME acquiring eBay. More competition in marketplaces means sellers and buyers both win.
Small businesses deserve better.
https://x.com/jake2b/status/2077410000146702785