eBay Market Share is Sinking | Will The Legacy Auction Platform Survive?

A recent marketplace report shows that eBay’s eCommerce market share has now sunk below 5%. Is this a natural result of the meteoric growth of eCommerce in the U.S. or a sign that eBay is failing? I don’t think you can blame this completely on eBay but there are certainly areas we’ve seen eBay continually fail to grow its platform over the past decade. Frankly, I think there’s a long list of failures by leadership at eBay that have put the auction marketplace into a stagnant position lacking in innovation. What happened to eBay’s early lead in eCommerce? I think a lot of this comes down to eBay lack of competitive recognition of vertical specific marketplaces

00:00 – Subscribe and Fight Big Tech
00:19 – eBay market share sinks below 5%
01:05 – What’s a good comp to eBay?
01:56 – Etsy’s similar business model is seeing massive growth
02:58 – Horizontal mega marketplaces vs vertical specific
04:03 – Mistakes by eBay leadership
05:38 – Failure to provide value add services
06:14 – eBay growth is tepid
06:50 – eBay competitors like Etsy are making moves

#eBay #Marketplace #eBaySeller
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Filed under: Winner Take All | Topics: