Jeff Bezos Basically Just Said Amazon Kicks eBay's Ass

by: NoMoreEbay

Jeff Bezos - A self made BIllionare who started with nothing and worked his way up on his own.

David Wenig - A greedy hack who rode his father's coat tails to get to where he is. Getting 'hired' rather than building a business.

DW is not even in the same universe as Bezos and should apologize for assuming he is and remove the tweet in shame.

by: Marie

Well I received an email from Amazon this morning and they will soon be charging SALES TAX on fees.  As of June 1st.  I'm betting we are going to see something like this coming soon from other sites as well.

by: sasikat9

Bezo's didn't say anything that everyone already knows. Amazon has always kicked Greedbays arse.

by: mcposty

Of course they are on top, they got some steller special government treatment. If it wasn't for tax payers, they'd have went bankrupt years ago when they could never get out of the red.

by: iheartjacksparrow

First Elliott Management, and now Jeff Bezos. Devin must be sweating. Hopefully Jeff's message will be heard loud and clear by the Board of Directors and Devin will be kicked to the curb soon.

by: RKTOYS

Sales tax on fees?  I'm afraid to ask what's next.

by: Michael in BC

I live in Canada, but sell on eBay.com.  eBay has been charging Canadian GST (Goods and Services Tax) of 5% on the fees they charge me for some time now.

I expect at some point we will be charged sales tax on the tips we leave in restaurants.

by: Snapped

""We don't compete with our sellers. We don't bundle endless services to create barriers to competition.""

Wow.  I don't think even POTUS could get away with this kind of a bald faced lie.

Meanwhile, consider this:  it's not what the 'venues' are doing or not doing that is resulting in an order of magnitude difference in venue sales - though clearly those are contributing factors.

It's what the buyers are choosing in spite of all those factors that might be identified as disagreeable.

by: mindelec

@ marine

I thought I was reading it wrong when I got that email.  Charging taxes on fees, insane!  But I guess we have to pay for trumps corporate tax cuts somehow.

by: Frank Abagnale

I have to laugh at Wenig's twitter response. Wenig didn't mention the countless technical glitches on ebay, the hiding of sellers listings, the commission on shipping and the other serious issues from ebay.  

by: toolguy

Attention all tool sellers!

Please leave eBay for Amazon, I'll shut the eBay door for you. . . .

by: mindelec

if wenig had a clue about online selling he would have said something like "impressive considering the number of gated categories there are on amazon, i guess those sellers will just have to come here"

by: toolguy

@mindelec

"impressive considering the number of gated categories there are on amazon, i guess those sellers will just have to come here"

Devin could use you on his team. . . .

by: Rexford

iheartjacksparrow, I had not thought about his comments from that perspective.  That makes his comments golden to me.

And if Wenig actually did respond on Twitter the counter attack ripple effect was likely that of a snow pea being thrown into the ocean.  

by: toolguy

Comparing Amazon to eBay is like comparing a marble to a baseball. Amazon is 30 times larger then eBay

But Amazon DOESN'T make 30 times the profit eBay does.

For being 30 times larger they only make 5 times the profit.

eBay makes most of it's money from advertising, Amazon makes most of it's money form cloud storage services. . .Neither are focused on internet sales for the long haul.

by: Rexford

Financial wizardry lives.  LOL    And Ivanka is good with numbers so put her in charge of The World Bank.

by: Whatever

humm - could this latest comment be deflecting his favored child statue due to his lack of moral character? Has he suffered a decline since the news of his infidelity has become a spotlight issue? turned off some stock holders who now just see him as a squirmy little bald headed guy susceptible to the temptations of the human flesh and what else might he fall into all while at the helm of his playtoy? foolish man.

by: Whatever

Rexford - oh sooo true isn't it?

by: mindelec

@tool

Wenig would fire me 2 seconds after I told him what needed to change, people like him don't listen.

by: Chicago48

@Marie - Poshmark is collecting and remitting sales tax for ALL states.  As for Bezos comment -- he's right.  He depends quite heavily on 3rd party sellers (like me) FBM&FBA.  And he's in competition with Walmart to get those sellers.  I just went to AMZ to find some corrugated boxes and couldn't find what I wanted.  Then I went to WM to find boxes and couldn't find them.  These are 3rd party suppliers to the sites.  So I'll probably hit the stores like Staples (no 3rd parties) to get the box sizes I need.
AMZ DOES treat sellers better.  I just fired off a letter to EB after I received a "threat" that because my acct fell "below standard" they were going to a) close my acct; b) hold my Paypal money for 21 days; c) hide my listings from search.
THREATS!!!!  You won't see AMZ do that stupid stuff to its sellers.