Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Thu Jan 18 2018 14:09:53

What Will eBay Announce on Friday?

By: Ina Steiner

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eBay CEO Devin Wenig will be making an announcement in Ohio tomorrow, but he didn't provide specifics in his tweet: "I am looking forward to being in Akron, Ohio tomorrow with Mayor Daniel Horrigan @AkronOhioMayor to make an announcement about the role technology (and @ebay) will play in revitalizing small business, the true engine of the US economy."

The speech will be followed by a panel discussion consisting of Brian Bieron, Executive Director of Global Public Policy for eBay; Anno Vyas, Co-Director of the University of Akron's EXL Center for Experiential Learning; and Christine Amer Mayer, President of the GAR Foundation, who will moderate.

"Small Business in the 21st Century - Local Roots, Global Reach" will focus on "how ecommerce can create big opportunity for small business."

Wenig's tweet is not fueling the frenzy of speculation that Amazon's announcement spurred today in which it released the 20 finalists in its search for a home for its second headquarters, but we'd like to hear what readers believe could be the topic of tomorrow's announcement - what could eBay be planning to do to help small businesses?

While you're at it, feel free to weigh in on which city you think Amazon will select for its new, second headquarters, and if you think it will be a blessing or a curse for neighboring residents and businesses. Living in MetroWest Boston, it's interesting to speculate on how an Amazon "HQ2" would impact the area.

Update 1/19/18: Here's a link to our story about today's announcement by eBay.



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Readers Comments

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This user has validated their user name. by: iheartjacksparrow

Thu Jan 18 14:31:19 2018

If Devin truly believes that small business is the "true engine of the US economy," why is he trying so hard to crush small sellers on eBay? As for his announcement, I'm guessing it's that eBay will no longer have human CSRs, and that all seller issues will be decided by algorithms, AI and robots.

As far as Amazon's new HQ, I'm guessing Los Angeles since that's where Apple is moving to.

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This user has validated their user name. by: RKTOYS

Thu Jan 18 14:34:52 2018

Well if they move to Philly or Pittsburgh, I know my taxes will go up to finance the massive handout they'll be receiving.  With not a single original thought in his pointy little head, Wenig's announcement is likely that of an upcoming list of 20 finalists for eBay HQ2.

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by: P.Dorf This user has validated their user name.

Thu Jan 18 15:04:07 2018

Could it be Devin will announce ebay is going to vastly improve its infrastructure by spending some of its ill-gotten billions, so every listing will be shown at all times, in all areas?
More likely it will be more hot air BS to appease wall street

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

Thu Jan 18 16:24:46 2018

Whatever it is, one thing is certain: It will help ebafia a lot more than it will "help" anyone else. Ebafia isn't exactly known for its altruism.

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This user has validated their user name. by: toolguy

Thu Jan 18 16:27:13 2018

"I am looking forward to being in Akron, Ohio tomorrow with Mayor Daniel Horrigan @AkronOhioMayor to make an announcement about the role technology (and @ebay) will play in revitalizing small business, the true engine of the US economy."

"The speech will be followed by a panel discussion consisting of Brian Bieron, Executive Director of Global Public Policy for eBay"

"Small Business in the 21st Century - Local Roots, Global Reach" will focus on "how ecommerce can create big opportunity for small business."

I don't see the words "American" or "USA" anywhere in those above statements!

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This user has validated their user name. by: eXtinctBay

Thu Jan 18 17:24:44 2018

DW sees the writing on the wall- Facebook is positioning itself to take over eCommerce, and eBay needs a pre-emptive strike with some kind of buzz. Which is going to sound like his ''We Need To Reconnect With Small Sellers'' statement when he took over (that we all know was empty words).


Sounds like an effort to save the company before the next financials are released in two weeks. Or maybe they are buying a warehouse in Akron and finally shipping their own merchandise. Could it be some kind of a partnership with LeBron James, who is from Akron, and has a LOT of money, and credibility??

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by: pace306 This user has validated their user name.

Thu Jan 18 19:02:58 2018

I cant/dont possibly see how this announcement could/would help any of us.

FBE? doubtful (logistics costs/manpower costs etc), plus most sellers wont send their items into eBay since eBays reputation is abysmal at best

GSP2? doubtful as PB has the infrastructure and logistics in place and its not a space that eBay wants to play in.

eBaypal? doubtful, as that would make eBay a direct competitor with Paypal, and it would make anyone selling on eBay have a stronger argument that eBay is the merchant of record and therefore THEY are responsible for taxes etc

Search seller:eBay - possibly, as said by eXtinct, eBay could and would see NO issue with using its Chinese connections to have eBay branded merchandise and compete with smaller sellers

US Eastern Time Zone CS? - doubtful, as the word on the street is eBay plans on aping Amazon and using bots and AI to shrink its workforce not expand it

I guess we will have to wait and see what happens - I dont see any good comming out of it - but you never know - miracles DO happen.

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by: Studiolines This user has validated their user name.

Thu Jan 18 19:58:56 2018

I am with Tool Guy , Don't see USA or AMERICAN . I see GLOBAL REACH and GLOBAL PUBLIC POLICY. They already devastated this small business in 2017 . Will take a while to get back to same level in sales, but it will happen without them getting a penny.
My guess would be they are going to open some type of fulfillment for the Chinese sellers so they can keep a better grip, get a bigger piece of pie and improve the hit level to MBG. I would imagine Paypal is tired of dealing with that mess.
The only thing I see in the GAR info that could possibly apply to Ebay is there desire to move Akron into technology focus and also they give grants for economic development. Best guess they are opening something in Akron that will offer jobs.

Has anybody heard of MAM - Made in America Movement? Look it up if you have not.

Is there anyway to tweet Wenig?  

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by: Studiolines This user has validated their user name.

Thu Jan 18 20:09:18 2018

Let me rephrase, helping non-profits deal with changing landscape of funding. Not technology focus.  

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This user has validated their user name. by: bitbybit

Thu Jan 18 23:17:53 2018

Small Business in the 21st Century- Local Roots, Global Reach

Friday, Jan 19, 2018 12-1:30 p.m.

Akron Art Museum - 1 S High St
A panel discussion on how e-commerce can create big opportunity for small business.

Opening Remarks
Devin Wenig, President & CEO, eBay

Panelists
Brian Bieron, Executive Director Global Public Policy, eBay
Anoo Vyas, co-director EXL Center, The University of Akron

Moderator
Christine Mayer, President, GAR Foundation

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This user has validated their user name. by: bitbybit

Thu Jan 18 23:43:31 2018

Looking more into this I think it has something to do with handmade items and connecting local small businesses globally. We all know how that goes don't we? Gee, I wonder what countries will be eBay's main focus? Oh, and where, pray tell, will the manufacturing be done? Of course, all of this is just speculation on my part and am hoping to be pleasantly surprised. There is always a first.

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This user has validated their user name. by: DeathFromAbove

Fri Jan 19 00:51:12 2018

Subsidize shipping junk back to China?  No idea how the US can compete with the world when the minimum cost to send something to a foreign country is $11 for a 3 ounce mailer.  That's about a 1400% difference.  

Maybe we should create an intercontinental currency called something like the yuge, or the bigly - that China has to use also in order to be permitted to send things over our border.

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This user has validated their user name. by: Castoman

Fri Jan 19 01:31:39 2018

Ugh...he's gonna be in my state (at least until I move in August)? Glad he's not coming near me....Akron is a bit of a distance. And Akron? HERE'S MY GUESS: A new "Global Shipping Facility" opening in Akron. They already have one in Kentucky. Betcha a $1. Any takers?

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

Fri Jan 19 01:56:14 2018

Personally I think this is just going to be Wenig talking out of both sides of his mouth as he usually does when it comes to small business.  Wenig already knows the numbers and appears to already be scrambling to try and get out ahead of the announcement and what it will do to Ebay.  No matter what he says it is only going to remind everybody of the BS he rolled out when he first took over as CEO of the company and promised to work closer with the small business owners.  He worked closer with us all right- closer to putting us out of business.

Wenig is desperate to keep his job and Ebays stock price up as his job and bonus depend on it.  Can't wait to see what lies he manages to spew out tomorrow.

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This user has validated their user name. by: Rexford

Fri Jan 19 06:34:46 2018

"make an announcement about the role technology (and @ebay) will play in revitalizing small business, the true engine of the US economy"

You mean like he has "helped" small sellers and small businesses on eBay? He's crushed their businesses, not helped them grow their businesses.  LOL  He talks the talk but doesn't walk the walk.  

The  Women's Professional Mud Wrestling team is located in Akron. Why shouldn't eBay be.

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This user has validated their user name. by: VV

Fri Jan 19 08:34:19 2018

They are going to announce they fixed Search.

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by: geoffreymason This user has validated their user name.

Fri Jan 19 09:28:00 2018

DW is likely grandstanding so that he will look good prior to releasing the results of 4Q 2017.

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This user has validated their user name. by: epuise

Fri Jan 19 09:33:46 2018

Announcing a Stock Buy-Back w/ the Tax Cut the GOP gave them...

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by: a_c_green This user has validated their user name.

Fri Jan 19 10:47:52 2018

> Or maybe they are buying a warehouse in Akron and finally
> shipping their own merchandise.

Given that Ohio is vaguely near the middle of the country, I would be inclined to agree that whatever his latest brain fart is, it's probably land-based, and could involve a warehouse or other sprawling physical plant that will try to insert eBay into the domestic shipping process, in the same manner that they've tried with their Global Shipping Program for international selling.

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by: ebayout This user has validated their user name.

Fri Jan 19 11:24:54 2018

https://www.bdmorganfdn.org/events/small-business-panel-discussion-hos
ted-city-akron

"Can"
being the key word...no allusion to any specific plan.

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