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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Smart, soon-to-be ex-ebay stockholders will come to realize the glaring distinctions between ebay and Amazon.
1) ebay is all about unfulfilled future “ideas” that add ZERO to to its’ current bottom line.
Amazon is all about current, REAL warehouses that fulfill orders.
2) ebay employs contract Indian programmers, whose efforts are reflected in Thursday’s stock price.
Amazon employs full-time American workers, who have benefits, including a 401k.
3) ebay has “3 Day Guaranteed” delivery, which may or may not be free
Amazon Prime Members in many cases can get next day delivery with ZERO shipping.
4) ebay’s CEO is, at best, a delusional flake
Amazon’s CEO is a billionaire
5) ebay has 6% of e-commerce
Amazon has 49%.
6) ebay will soon be a punchline
Amazon is punching out ebay’s lights