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Mon Dec 28 2009 10:07:29

Amazon Replaces eBay as Low-Price Shopping Destination

By: Ina Steiner

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Wall Street's adoration of Amazon.com continues as it observes a strong holiday-shopping season for the online marketplace. Two research notes released on Monday:

Jim Friedland and Kevin Kopelman of Cowen and Company included in Monday's report a summary of one of their recent research publications, "Consumer Internet Survey Data Bodes Well For Google, Amazon, And Facebook" (12/14/09). In it they write, "Amazon has displaced eBay as the best website to find low prices." The conclusion was based on a survey of 1,000 U.S. Internet users.

Meanwhile, Colin Sebastian of Lazard Capital Markets raised estimates for Amazon.com in his Monday report ("AMZN: Remarkable holiday performance; raising estimates; HOLD"), citing Amazon's continued market share gains.

The report says Amazon reported very strong 51% growth in peak-day items ordered, and about a 25% growth in peak day unit shipments (from 5.6 million in 2008 to 7 million in 2009 - number of units shipped on peak day during the holiday shopping season). Lazard also estimates 39 percent revenue growth in the fourth quarter (currency neutral).

As for ecommerce sales in general...

While ComScore recently reported about 4 percent growth in ecommerce sales for the holiday shopping season, Lazard reported Monday, "We now expect holiday online sales at the high end or slightly better than our forecast (+5%), with mid-single-digit growth for 2010."

Not exactly the double-digit growth rates of years past, but better than last year. Companies will report their fourth-quarter earnings in mid-January.




Comments (44) | Permalink

Readers Comments

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: EEK

Mon Dec 28 10:41:15 2009

Amazon doesn't sell every category that eBay sells, so is this a comparison of apples to oranges? Low prices on what? New books? Used books? Electronics? Surely not vintage and collectible items, whose price cannot be even speculated on by these data miners.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: stryker

Mon Dec 28 11:16:38 2009


EEK:

  You are essentially correct except for the fact that the ''new'' ebay is trying to shed its vintage and collectible item image and become exactly what the survey was disigned to measure

 The fact is ebay turned around to try to chase its less popular rival and has been in reverse ever since

 Four years ago ebay was untouchable, Now? yesterdays news,. time for another 180, go back on course and  who knows in another four years........  

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: CONWAYKRAM

Mon Dec 28 11:20:31 2009

I would have to agree. Ebay is NOT the "Ebay " it used to be.  Ebay has changed their search systems, and the site is not as easy to use as it once was.  And the small seller seem to get  lost amongst all of the little labels and other crap ads everywhere.  I shop Amazon more than Ebay now days.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Patricia

Mon Dec 28 11:39:17 2009

One wonders if even the dismal 4th quarter report that Ebay will put out early next year will sway Donahoe from his path to destruction?  Its pretty clear he refused to admit he's been wrong and will continue to beat up small sellers....because if its not him it just HAS to be them!  At this point Ebay doesn't deserve to have any sellers.  The more who quit the faster the monster will come down!  Even with a complete 180 they've managed to disillusion so many buyers and sellers that the magic is dead forever!  The best they can do now is sweep out the present management team and replace them with a new, experienced team.  That may help in the long run.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Joe Richey

Mon Dec 28 13:32:56 2009

As a wholesale supplier who has catered to EBAYERS since 1999 CloseoutDirect.com has also noticed the same trend. Our dealers are using Amazon more and more to sell merchandise and leaving EBAY behind. We have started catering to the Amazon resell market as well. Ebay and Craigslist are losing huge ground to Amazon.  I am glad to see a change in the marketplace. thanks Joe Richey Ceo of CloseoutDirect.com

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: My Own Website Not Quite Paying My Bills Yet

Mon Dec 28 14:52:59 2009


I guess it all depends how you look at things. Even with the "apples and oranges" analogy, you can argue that they are both still fruits. And even when you compare apples to apples, how can you compare a mcintosh apple  

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: My Own Website Not Quite Paying My Bills Yet

Mon Dec 28 14:54:09 2009

.... to a granny smith.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: RatherRuss

Mon Dec 28 16:17:45 2009

Amazon beats eBay, At this point, they well should.   EBay has been chasing Amazon and/or its tale for so long, it's hard to see what it is, collectibles, flea market (no more), just a poor imitation of Amazon, which is nothing but a new release, sell it cheap department store of the internet, which will probably go the way of the dinosaurs, when the biggest game in town WalMart straightens out their internet game, though one wonders why one would want to....Question, if Amazon and to a lesser degree try to play price games, when most of the items they want to sell, are cheaper still at B&M WalMart.  Selling crap cheap is now the American way, so Amazon beating eBay a late comer, and Wal Mart is beating both of them....who cares at this point.  Rather Russ

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: 2010 Or Bust

Mon Dec 28 18:46:51 2009

Hey eBay -- Amazon has a shopping cart, one stop checkout for multiple purchases. What a concept in 2009!

Perhaps if eBay spend a little more time creating a robust checkout system rather than trying to find new ways to beat down good sellers, it would not find itself being beat downs quarter after quarter

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Kal

Mon Dec 28 19:55:24 2009

@Patricia,

''One wonders if even the dismal 4th quarter report that Ebay will put out early next year will sway Donahoe from his path to destruction?''

CEO's never admit to making mistakes. They are ALWAYS right, especially this one.

What they do is jump and land softly with a golden parachute. I doubt Dufushoe is about to jump, and I doubt the board is going to replace him.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: JW

Mon Dec 28 20:00:39 2009

There are 236,521 in amazons collectibles category but for really good stuff ecrater is full of stores with antique collectible and vintage items, lots on bonanzle too, they seem to be everywhere but ebay.

As for low prices just click on the down arrow next to the search box on amazons home page and search the categories you can find millions of low prices. eBay has low prices to, I found 3 but shipping was sky high.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Loops

Mon Dec 28 20:25:05 2009

Here is my take. Ebay knew what they wanted, they just did not realize that every other eMerchant wanted the same thing. The small seller took the old uppercut and jab from Ebay for two years now causing specialized spin-offs and the unraveling of Ebays once untouchable niche. This small seller niche is now bigger than ever with their own websites, specialized venues, and companies that are luring sellers and are perfectly happy with the crumbs.

It seems Ebay is torn between keeping the small seller or going all out Diamond. With the favored status, algorithm searches, and high selling fees, the small seller has a difficult time convincing their bottom line that Ebay is a profitable endeavor.

In a perfect world, Ebay would go back to basics and make the playing field level again and communicate better with small sellers. I won't dog every move Ebay has done, but I will say they have lost focus and seem to be confused on what direction they should be headed.  

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: ex silver powerseller, now sells on amazon

Mon Dec 28 20:33:20 2009

Just remove all filters from search, get rid of competitors ads on active listings. Allow the cream to rise again & stop funneling my customers to Doggy Diamonds sellers. The diamonds are a waste of space. Buy can only manage 10-16% STR on mostly low priced junk, and lots of it sold by ex ebayers. good work donaho!

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: bite me

Mon Dec 28 22:39:22 2009

The problem with ebay is all you professional sellers. You guys have to make a profit and clog searches with all your junk and the good deals from peoples garages get lost in the clutter. This = no good deals. Why fiddle with ebay when there are better deals on amazon with no wait of an auction?

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

This user has validated their user name. by: Pete

Mon Dec 28 22:45:54 2009

I think the most use phrase of 2010 by internet buyers & sellers will be..”I don’t use eBay anymore”

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Kathleen Kelly

Mon Dec 28 22:52:05 2009

Ebay needs a good beatdown. And I hope they get it from all of the other auction sites that have sprung up, the ebayers who have left and put up their own sites and amazon as well. Their top rated seller program is cr*p. The only difference between them and the smaller seller is that we don't bring in as much $$$. Their service isn't any better. Nor their product. The best match search is the ebay big brother all the way. I have never had so many auctions not sell since they started using it. And interesting how my monthly invoices just happen to be getting higher. Could it be due to constant re-listing? Keep letting the corporate giants and titanium power sellers do their thing on eBay and I, the small seller say peace out as I do my own thing and start to buy off ebay as the prices for my niche continue to drop to an all time low on the site.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: m

Mon Dec 28 23:44:34 2009

''You guys have to make a profit and clog searches with all your junk and the good deals from peoples garages get lost in the clutter.''

Oh, heaven forbid that a seller actually makes a profit! lol

Stuff from garages belongs in yard sales.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: m-nesia

Tue Dec 29 01:56:45 2009

@m: stuff from garages and attics built eBay; cheap m-assed produced cr@p crushed IT.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Avid AB reader

Tue Dec 29 02:38:42 2009

m-nesia posted

"stuff from garages and attics built eBay; cheap m-assed produced cr@p crushed IT."

So true!
They'll never figure it out though.

I'd much rather sell a few nice antiques for a $500-$2,000 each per month than a few hundred cheap mass produced items for 9.99 each.  

Less work, don't have 300 other sellers offering the same items, more profit and collectors of fine items are honorable buyers, not brats that complain just because they can.

Amazon Replaces eBay as Low-Price Shopping Destination   Amazon Replaces eBay as Low-Price Shopping Destination

by: Marvin

Tue Dec 29 04:38:04 2009

@m

Cheap junky imports and crappy refurbished items need to go in the garbage. There wouldn't have been a place to sell it in the first place if it was not for garage and attic stuff building the site.

The individual seller built ebay into a billion dollar corporation. After they did all the work, large sellers stepped in and started peddling their imports and refurbished items. They used their influence with ebay to push the individual out.

Now look at the mess. Ebay is gone and nobody can sell anything.

Maybe stuff from garages does belong in yard sales because it sure to heck won't sell on ebay anymore.

Then again maybe it belongs on eCrater

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