They did not compete with Ebay.
Their fee structure was virtually the same making the site uncompetitive relative to the limited services and protection offered when compared to Ebay. The only way it will take off in the future is if all listing fees are free for the first 12 months. This would enourage sellers to list and experimemt and buyers to visit thus building up a membership base. Fees (they would have to be significantly lower than Ebay) could then gradually be phased in once sellers see that it is working.
Google are going to launch Gbay very shortly.
I wonder if we will see litigation between the two giants over the use of "Gbay".
Happy modelling
Gary
Their fee structure was virtually the same making the site uncompetitive relative to the limited services and protection offered when compared to Ebay. The only way it will take off in the future is if all listing fees are free for the first 12 months. This would enourage sellers to list and experimemt and buyers to visit thus building up a membership base. Fees (they would have to be significantly lower than Ebay) could then gradually be phased in once sellers see that it is working.
Google are going to launch Gbay very shortly.
I wonder if we will see litigation between the two giants over the use of "Gbay".
Happy modelling
Gary
