Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Wed Feb 27 2019 20:56:45

Sellers Prefer Google over Amazon as Potential eBay Acquirer

By: Ina Steiner

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Sellers would prefer Google over Amazon as a possible acquirer of eBay by a wide margin - 18% and 5%, respectively. But slightly more sellers (20%) would rather see the board take eBay private. 

Those were the findings of a survey EcommerceBytes conducted in January after activist investor Elliott Management acquired shares in eBay and approached its Board with a list of demands last month.

In the survey, we stated: "Elliott Management said eBay Marketplace would be a "highly attractive acquisition target"" and asked, "What acquisition scenario do you feel would leave you best off as a seller?"

Only 5% of sellers believe they would be better off if Facebook acquired eBay, and even fewer - 2% - said they'd be better off if Walmart acquired eBay. A surprising number thought a Private Equity firm would be the best alternative (14%).

Perhaps most telling about the state of eBay for sellers these days: Only 12% said there should be no change in corporate structure.

The full results were as follows:

Board should take eBay private: 20%
Google should acquire eBay: 18%
Private Equity firm should acquire eBay: 14%
No change in corporate structure: 12%
Amazon should acquire eBay: 5%
Facebook should acquire eBay: 5%
Walmart should acquire eBay: 2%
Alibaba should acquire eBay: 1%
Other 23%

There were some interesting suggestions left by the sellers who selected "Other," including: PayPal; Apple; and "a group of experienced eBay sellers."

Many sellers didn't have specific suggestions. "I wish I knew what company should swallow eBay," one seller wrote, adding, "All of the above scare me!" 

"Not sure but it should be someone that has sold in the used goods market," wrote another. 

"PayPal," said one seller, explaining, "it already has all sellers, and sellers are ready to leave eBay if options are available."

Another seller said eBay should be split into two - "Google should acquire eBay for the sale of new products. And antique, collectible, and vintage item categories should be spun off into its own site called eBay Classic."

Stay tuned for Part 3 of the survey results. You can find Part 1 of the survey results, "Sellers Weigh In on Selling eBay Subsidiaries," on this page.



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Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: toolguy

Wed Feb 27 21:27:39 2019

"Board should take eBay private: 20%"

20% have NO idea what they're talking about

If eBay goes private they don't have to report if they're profitable or not, they also don't have to say if their market share is growing or shrinking.

A total lack of information if eBay goes private!

I'm 100% against that. . .

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Wed Feb 27 22:34:31 2019

Private.
Aye.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Wed Feb 27 22:38:27 2019

"If eBay goes private they don't have to report if they're profitable or not, they also don't have to say if their market share is growing or shrinking."
If Ebay goes PRIVATE none of that other garbage matters.
Ebay is a TOOL for The People to use to help maintain their modest lifestyle.
We Don't Need NO STINKIN' STOCK MARKET.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: toolguy

Wed Feb 27 22:48:23 2019

@The End

If eBay were private and you use them would you not want to know if they are growing or shrinking in customer base?

Would sell on eBay if they were losing 10% of their customers year after year?

Would you sell on eBay if they were financially unsound?

If they were private they would be under no obligation to revile anything about anything to anyone!

If I could pick a buyer for eBay it would be Fedex. . . .

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: RKTOYS

Wed Feb 27 23:08:00 2019

Sorry, toolguy is right.  A private eBay would tell us even less.  And there's nothing saying they couldn't keep the same cabal of cretins in charge.  Best case, bad as it is, would be for Google to take over.  At least then we'd get exposure via their search engine.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: Moonwishes This user has validated their user name.
Web Site

Thu Feb 28 01:16:45 2019

My first thought about Google taking over was "What do they know about online selling?" Then I realized Google knows everything. More than any corporation, Google has been seeing everything for years that happens in all the venues. Not saying this would be to have them take over, but at least it is a company that knows what is happening in the world of online selling. But do those still on eBay WANT a company that knows just about everything about them, also being in charge of their sales?

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Thu Feb 28 05:44:11 2019

No.
Ebay does NOT belong on the stock market.
It's composition is diametrically opposed to the very characteristics that comprise a listable stock.
There.
You forced me.
REMOVE EBAY FROM WALL STREET.
AND : We all know Wall Street STRIPS the raises from people getting paychecks from the listed companies.
NO WALL STREET = Fat Paychecks for US.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Thu Feb 28 05:50:06 2019

"A private eBay would tell us even less."
Excuse me :
You're on Ebay to SELL STUFF.
Not for Ebay to "tell you" anything.
You've lost sight of YOUR mission.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: Rexford

Thu Feb 28 06:22:11 2019

"If eBay goes private they don't have to report if they're profitable or not, they also don't have to say if their market share is growing or shrinking."

So.  Do you think that you are currently getting the real picture of eBay's financial dealings?  Think again.   I remember when eBay was private.   My sales were over the moon.  eBay's going public killed many businesses.

And what The End said.  Unless you are truly the Warren Buffet of used tools, and I don't think that is the case.

 

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: plcombs This user has validated their user name.

Thu Feb 28 06:35:01 2019

There are a lot of advantages to going private, not the least of which is staying out of the desperate Q to Q activities public companies find themselves in by focussing on short term earnings.  

Privately held successful companies have the luxury of playing a "Long Game" when it comes to growth strategies without concerns of Stock Market reactions. Amazon has been able to do it because Bezos owns so much of the stock, otherwise, investors would have dumped him years ago due to a lack of earnings.

Regardless, now that Elliot is getting a minimum of two seats on the board, it is I think a step in the right direction.  

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: lindysthings This user has validated their user name.

Thu Feb 28 07:57:06 2019

Going back private seems to be working for Dell computers. Private companies are still interested in making a profit, they just don't have to answer to shareholders.

Seems like a viable idea to me.  Ebay was great before it went public.  

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: RKTOYS

Thu Feb 28 08:00:30 2019

@TheEnd
That's tunnel vision if I ever saw it.  Sometimes it's helpful to know if it's the market or eBay, an off year or a trend.  People forget that a free market requires informed participants even more than freedom from responsibility.  If you can't see that, you deserve Devin Wenig as head of a private eBay.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: RKTOYS

Thu Feb 28 08:07:23 2019

@Rexford
I think hear you're missing is that the damage has already been done.  Dell and Amazon have their founders at the helm.  That's why they work.  eBay going private with hired help in charge is like practicing safe sex after contracting HIV.  Too late.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: Chicago48 This user has validated their user name.

Thu Feb 28 08:11:53 2019

I'm on board with private.  Dell did it.  They were public then private and now they're public again.  Taking it private was a way to get their company in order and to avoid SEC scrutiny.  All the other sites, exc. AMZ, are private.  And they seem to operate just fine.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: TomH This user has validated their user name.

Thu Feb 28 08:21:49 2019

I too, would like to see them go private again, but, with an entirely new management group. Fire everyone that had anything to do with top level decisions for the last eight or nine years.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Thu Feb 28 09:09:05 2019

RKTOYS.
If you are a comparatively GIANT corporation,
GET YOUR OWN website.
And mind it.
Ebay is for US.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

This user has validated their user name. by: The End

Thu Feb 28 09:13:37 2019

A FREE MARKET wears NO WALL STREET CHAINS ! ! !

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: Disgusted This user has validated their user name.

Thu Feb 28 09:18:36 2019

Get rid of the current board in addition to DW first.  The board allowed all this downfall and stupidity to continue.  They have to go.

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: Disgusted This user has validated their user name.

Thu Feb 28 09:22:10 2019

Right now ebay makes every decision based on stock prices alone.  Get rid of that and all current management. Basically start over.  

Perminate Link for Sellers Prefer Google over Amazon as Potential eBay Acquirer   Sellers Prefer Google over Amazon as Potential eBay Acquirer

by: epuise This user has validated their user name.

Thu Feb 28 09:29:44 2019

eBay needs to give Devin Wenig his wheelbarrow of cash & his Golden Parachute & show him the door, and give Hal Lawton his office.

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