Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Thu July 20 2017 21:12:57

eBay Sees Increase in Number of Sellers and Brands in Q2

By: Ina Steiner

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During a conference call with Wall Street analysts today, eBay CEO Devin Wenig said he was satisfied with the company's brand campaign that kicked off in June. It was still very early to definitively evaluate the results, he said, but several times during the call, eBay executives used the phrase "moving in the right direction" to describe the company's performance. Wenig also revealed eBay it would expand the marketing campaign internationally in the second half of the year.

eBay spoke to analysts after releasing the results of its 2nd quarter performance (April, May, June). eBay Marketplace platforms (not including StubHub) saw Gross Merchandise Volume, or GMV (the value of goods sold by eBay sellers), rise 6% after taking out the effect of foreign currency exchange. eBay said performance was "driven by the continued expansion of new user experiences and marketing efforts."

eBay added two million active buyers across all of its platforms, for a total of 171 million global active buyers.

During Thursday's call, Wenig indicated eBay is now more interested in the number of *products* versus the number of *listings* - that makes sense given its Structured Data approach where it's trying to build a catalog more like Amazon than the traditional eBay. And he mentioned "working with sellers" to eliminate duplicate listings.

eBay is also very interested in attracting big brands, with Wenig mentioning a collaboration with Disney and adding brands such as Nest. But he was adamant that eBay still cared about small sellers, pointing to its partnership with Shopify that allows small- and medium-sized sellers to list on eBay through the Shopify interface.

"We're seeing a really nice acceleration of the number of sellers on eBay." He said there were a lot of small and medium sized businesses selling on eBay for the first time; "We're really happy about that."

"We're also starting to acquire brands at an increasing pace, which is excellent," Wenig continued. "We're really pleased about that."

Another indication of eBay's focus on brands and commodities was when an analyst asked about which categories were driving growth: Wenig said eBay had seen "nice progress" in the fashion, electronics, and home & garden categories, and was "particularly excited" about those categories going into the holiday shopping season.

You can find more about the Q2 performance on EcommerceBytes.




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Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: pace306 This user has validated their user name.

Thu Jul 20 22:00:33 2017

Gotta admit, he's trying his best to spin that "3% increase".

Net income 2016 2nd quarter - $496 million
Net income 2017 2nd quarter - $493 million

OOPS! looks like eBay plans are working - uh huh!

Earnings per diluted share from continuing operations 2016 - $0.38 (millions)
Earnings per diluted share from continuing operations 2017 - $0.02 (millions)

they certainly are going the RIGHT way! LMAO

Income from continuing operations - 2016 - $437 (million)
Income from continuing operations - 2017 - $27 (million)

Wenig should borrow Britneys "oops I did it again!" then resign

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: Bill

Thu Jul 20 23:40:05 2017

After market shares are down 5.19%.
Investors do not like what they are seeing and as one guy said eBay is still a flea market site. He only goes there to buy things that he can not find on Amazon and any new item that is for sale is way overpriced compared to Amazon and he sees a lot of low dollar items for sale that is never going to drive revenue for the company.

That is why everyone is selling despite the fact that eBay new the numbers were disappointing so they announced they were going to buy back $3billion in stock.

That kept price per share from falling any lower.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: cash4clothesbozeman This user has validated their user name.

Thu Jul 20 23:51:24 2017

eBay Should Spin off it's Used item market into a separate stock offering business!
eBay cannot compete with Amazon Prime.  Amazon Made more on prime subscriptions than eBay has in the last 2 years and that's before anything sold.
I ask that you spin off the 20%  left of the USED market only!  "eBay used"   This is what made eBay fun, the Thrill of the hunt, not instead of driving to the store I will just order online.  I have gone from 175k in sales down to 60K in the last two years. Thanks partner.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: Ming the Merciless

Fri Jul 21 00:15:54 2017

I hardly know where to begin deconstructing the pile of Wenig BS.

The analysts CNBC interviewed this afternoon indicated their deep disappointment with ebay's (lack of) performance and some even hinted that Wenig has been misleading them. Apparently some of his obviously false statements/promises drove up the price of ebay stock well beyond its actual value.

Will non diamond, North American sellers be expected to foot the bill for ebay's planned international advertising by eliminating the TRS discount altogether? If any 3rd party entity finances this ad campaign it should be the deep pockets of Pitney Bowes and their exploitative global shipping program.

Eliminate duplicate listings?! That would eliminate at least 2/3rds of Chinese listings which could cause Wenig's precious 1 billion listing to drop below that number. The Chinese know exactly how to create duplicate listings by having multiple IDs and changing the word sequence in titles.

Analysts and shareholders must learn that eliminating duplicate listings and fraudulent selling practices BENEFIT ebay's bottom line which is why ebay will five only lip service to eliminate them. Similarly, as has been discussed at length in other E commerce/Auction bytes threads, creating, encouraging, and enabling criminal buyers also benefits ebay's bottom line.

IMO, here's where ebay excels over Amazon: ebay is the world's largest venue in the world for misrepresented, fraudulent, and stolen merchandise. It is also a venue that rewards both buyer and seller dishonesty, consistently punishes outstanding seller performance, and actively discourages seller and buyer integrity by rewarding both bad sellers and bad buyers.e

Selling in the ebay created environment is chronically chaotic with hidden listings sellers pay for, secret policies, inconsistently applied policies, grossly substandard customer service, constant technical glitches that substantively interfere with seller efficiency and profitability, management's abysmal failure to effectively communicate with their customers (sellers) on  a timely basis if at all, management pronouncements of questionable truthfulness, the blatant abandonment of the level playing field, and the unnecessary fight they picked with Google.

These are just a handful of the reasons why ebay is in decline and will continue its downward death spiral.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Jim Y This user has validated their user name.
Web Site

Fri Jul 21 00:29:17 2017

I am so glad to hear the news from Denig.  It seems like everything looks much more positive. I like the more buyers and also is not forgetting us small sellers.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Snapped This user has validated their user name.

Fri Jul 21 01:13:44 2017

Why does nobody ask ( and hold eBay accountable for) how much of their GMV 'growth' is represented by returned items requiring fee rebates, and then may result in a resale of that same 'volume'?  Or how much is that is included as ship cost - again doubled in the case of a resale?

What percentage of those 'newly added active buyers' shopped ONCE, and based on glitch, inconvenience, and poor 'experience' (reflected in thousand percent poor feedback rates relative to mega-seller 'care' taken), have not, and likely will not, return?  Or perhaps never actually purchased, because they were shown only what eBay 'thought' the buyer wanted, rather than showing them what they ASKED for?

How many of those 'new' sellers were no more than existing sellers with multiple....personalities?

Funny there was NO mention of all the 'continuous innovation' noteworthy of late, nor any spun figures regarding mobile device use.  

eBay has been claiming to be ''moving in the right direction'' for almost a decade now - even though they can't seem to consistently define what ''right'' means.  Perhaps, that too, shall remain shrouded in the same 'secrecy' their policies du jour are now.

Regarding their latest Madison Ave. 'exposure', campaigns, one should wonder why eBay is now reduced to reliance upon being an 'afterthought', instead of a more ...um...prime destination in eCommerce.  

'Color' it all deceptive.  


Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: handmedownheaven This user has validated their user name.

Fri Jul 21 01:17:22 2017

LOL he is so full of it I wonder if his eyes are brown?  Share return from 38 cents per share to .2 cents per share.  Yep, that's a company moving up.  I know way too many people who quit selling on feebay

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Silver Ice King This user has validated their user name.

Fri Jul 21 05:42:22 2017

I also wonder how much of that 3% ''Growth'' is due to classifying the revenue recovered from reducing the TRS+ discount to 10% from 20%?  That revenue could easily account for the entire 3% or even more and based on all of constant lower sales posts on their boards, I was surprised they showed any revenue growth whatsoever.

If Ebay would put the $2.5 -$3.0 billion they allocate and spend on stock repurchases each year in an attempt to artificially improve the stock price, into repairing all the site glitches as well as increasing their abilities to show all listings at all times, their revenues would grow significantly.  But, when you have executives running a company whose only background in eCommerce or retail sales is in the classroom, these are the lackluster results you tend to get quarter after quarter.  But they are good at putting a new spin on the results quarter after quarter. Personally, I think their abilities and talents are being hugely wasted as I believe they would do so much better as fiction writers.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: Rexford

Fri Jul 21 09:06:01 2017

Every eBay earnings report always leave me with a "say whaaaaaaaaaaaaatttttttttt"?

I could care less how they spin their reports--what I care about is my and my fellow small sellers' sales.   And I think most of us know, due to their rigged search, what that looks like.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: pace306 This user has validated their user name.

Fri Jul 21 10:03:41 2017

The saddest thing about ALL of this, is that if eBay spent 1/2 as much time on WORKING with sellers, as they do fighting them (with invisible we dont have to tell you rules), eBay would have TREMENDOUS results, instead of having to explain %3.

The ONLY person it would actually hurt would be Ina (and we dont want that ever) because NONE of us would be here, we'd be busy listing, packing and shipping!

Why when you have great sellers - with thousands of feedbacks - do you try to punish them when a buyer with 56 lifetime feedbacks accuses them of wrong doing?

Sure there are issues, there always is, there always will be - and it IS important for eBay to step in and HELP (NOT HURT) when needed. But (going back to Ina's earlier column) the magic invisible we cant tell you rules that go out of the way to hurt a seller "just 'cause" - is a step to far.

eBays poor results are  simply because every seller that gets hurt for no reason, tells EVERYONE then know - NEVER to buy on eBay EVER. So .... in the end, eBay "saved 1 buyer", but lost another 50 ..... the math DOESNT work and never will work.

Everyone (when they go shopping) says/knows "go to Amazon".... and under Wenig - that will NEVER change - he has no idea how to make it change.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: toolguy

Fri Jul 21 10:22:39 2017

GOOD NEWS!

eBay is only down 2% this morning and could go green before the day is over!

eBay stock is still near an all time high.

Tools are still selling like hot cakes to mechanics all over the USA

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: weber796

Fri Jul 21 10:35:19 2017

WHAT A LOAD OF BULL-S==T. EBAY HAS THROWN OUT MORE SELLERS THAN THEY HAVE BROUGHT IN. BY CATERING TO THE CHINESE MARKET WHO LOW BALL ALL ITEMS WITH THEIR CRAP ALSO GET THE BENEFIT OF USING FREE SHIPPING WITH DATES THAT RANGE UP TO 2 WEEKS DELIVERY. IF A U.S. SELLER IS ONE DAY LATE HE IS OUT OF SELLING ON EBAY. (THEIR EXCUSE TO GET RID OF THE SMALLER SELLER. CHECK OUT E-COMMERCE TO SEE WHAT HUNDREDS OF FORMER SELLERS ON EBAY WHO HAVE BEEN DISCARDED LIKE GARBAGE, MANY SERVING EBAY FOR UP TO 19 YEARS. WENIG IS FULL OF IT. THEIR STOCK IS NOT DOING GREAT IN SPITE OF THE BOASTING WENIG. IT WON'T TAKE MUCH LONGER FOR THE COLLAPSE OF EBAY.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: mcposty This user has validated their user name.

Fri Jul 21 11:50:44 2017

lol, if they add disney will they remove the billion fake chinese disney stuff?

ebay buncha criminals

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Trying-My-Best This user has validated their user name.

Fri Jul 21 13:24:08 2017

I wonder what %age represents eBay's 10% postage grab.

I wonder what eBay's  true negotiated USPS postage rate is.  They certainly were able to ''negotiate'' ridiculously low e-packet rates for their Chinese sellers - and unable to do the same for their US sellers?  Who Is dumb enough to believe that.  Buyers and sellers need to ask ... how much is eBay skimming off USPS postage.

Small sellers purchasing from eBay Shipping labels pay close to USPS counter rates on all labels.  So why are  niche online sites offering , the best, USPS Priority Mail 2/3 day postage,  at not only a fixed $6.45 rate but also this rate for up to 5 pounds.   One site that comes to mind, even has the buyer paying this extra-ordinary low rate.  Other sites pay for free shipping and free returns.  

EBays take on actual postage - that their buyers pay (eBay consistently prompts me when listing - that buyers pay postage in clothing category) should be transparent to all of us.  It has to be a significant money grab for them ... and one that they will never disclose.  A few years back, eBay Sr. Executive spoke to Congressional Hearing Panel - discussing eBay's massive relationship with USPS.  If interested, simply google the topic.  

Who are ''these'' new sellers - I agree majority must be Chinese opening duplicate accounts.  Who are ''these'' new buyers - ya got me on this one though I suspect they are the new sellers buying loss leaders like brass coat hooks to beef up their feedback.

Wenig can twist and turn his numbers to suit Wall Street however one only has to mention the name EBay on Main Streets across America to learn ...it has next to zero relevance for online shoppers.  



Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Trying-My-Best This user has validated their user name.

Fri Jul 21 13:39:37 2017

Toolguy - enjoy your used car tools & parts Business while you can - there are sites coming onto the market which will soon drive you out of business - with new car tools parts at below your used pricing.  I would be watching my Business if I were you.

If you are dancing  that eBay's stock price is lol at an ''all-time high'' -  I suspect you own their stock & see a prosperous future with your investment.  I, on the other hand, in 2007 had to decide which stock to buy Amazon or eBay ... and the''green''  I  bought was Amazon. Now, what price is eBay stock at today?!

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Trying-My-Best This user has validated their user name.

Fri Jul 21 13:46:40 2017

Mcposty, they will add Disney and in doing so will wipe out small sellers in Florida selling Disney Parks merchandise,  Disney will see to it Vero - kills this secondary market.  

Disney certainly is using eBay, like all big retail, to catch the few buyers that" trust"  their site over Amazon.  Disney is a very big name for sure - but ...I suspect they have a dominant, more lucrative relationship with Amazon and Walmart.

Wenig can spin Disney tip the cows come home however , most folks will buy it on Amazon.  

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Snapped This user has validated their user name.

Fri Jul 21 14:11:21 2017

One thing to bear in mind (for those eBay 'tools' who inexplicably try to boast about eBay stock performance representing operational 'success'), is that over 75% of share ownership is institutional - traded in mass as part of an investment entity's portfolio.  And those bot algorithm fed 'analysts' who analyze by parroting have neither a clue, nor any interest in true operational performance of the companies they chose to include.  

Much like the annoyingly persistent boasters relishing in their own denial of reality.

A rising tide lifts all boats - even the leaky and unseaworthy.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: Snapped This user has validated their user name.

Fri Jul 21 14:25:06 2017

BTW tool?  'All time high'?  Not even close.  It was near 60 just before the disruptor monkey took over.  And two points below today's as this posts.

You striking for Spicer's job?  He just quit today, and they're looking for a new reality denial tool to obfuscate for the commander in tweet.  Might have to pass a urinalysis though....

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

This user has validated their user name. by: iheartjacksparrow

Fri Jul 21 17:21:26 2017

@mcposty
@Trying-My-Best

Some years back Disney had a very successful auction business going on eBay called disneyauctionears (get it, ears, as in Mickey Mouse ears). Some of my very best Disney collectibles came from those auctions, such as limited edition pins, artist proof pins, pre-production sketches, merchandise samples, and so much more. Disney quit eBay and opened their own online auction site, which quickly folded. I would love to see the Disney auctions come back to eBay because that stuff was fantastic.

I really don't think Disney is thinking about shutting down the people who sell parks merchandise on eBay. I know they know it's going on, which is why when there's something really hot at the parks, like when Frozen was at the height of its popularity, they limited you to buying no more than five dolls, plush, etc., or in the case of limited edition pins in general, no more than two per person.

Perminate Link for eBay Sees Increase in Number of Sellers and Brands in Q2   eBay Sees Increase in Number of Sellers and Brands in Q2

by: cardfinds This user has validated their user name.

Fri Jul 21 18:08:04 2017

Does anyone know which places online have these cheaper USPS Priority mail shipping rates than ebay shipping labels from ebay? I've been using their labels for years and any response would be appreciated.

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