eBay Closes Fulfillment Pilot Program

by: eBay Shill Buster

All new programs died when 'Delusional Devin' was canned, but Temkin his buddy from NY is still at eBay destroying the entire platform, he even has his Wall Street buddies trying to buy the company to save his job.

https://www.bloomberg.com/profile/person/3905605

Bridge Information Systems, Inc., a market data company, supplies over 6,500 institutions with information and news on equities, fixed-income, foreign exchange, derivatives and commodities. The Company's clients include institutional investors, broker/dealers, exchanges, corporations and state and local governments. Bridge has major regional centers worldwide.

by: eBay Shill Buster

Here is why Wall Street is interested in eBay, Temkin is trying to save his job while completely ruining eBay.

https://www.crunchbase.com/person/harry-temkin#section-overview
> Mr. Temkin has more than 25 years of experience in the financial services sector. Prior to joining DriveWealth in May 2015, Mr. Temkin was Chief Executive Officer and Partner of KnowVera LLC, a startup financial software company, which combines leading-edge technology with a patented quantitative trading strategy design and implementation tool, proprietary charts, data and analysis. KnowVera provides decision-support analytics for identifying, evaluating and capitalizing on market opportunities.

Prior to joining KnowVera in April 2013, Mr. Temkin served in numerous senior management roles at Reuters and Thomson Reuters. He was Executive Vice President and Global Head of Equity Product Development for the company’s flagship product, Thomson Reuters Eikon. Prior to that he was Executive Vice President and Head of Exchange Traded Instruments, Americas. Mr. Temkin joined Reuters in April 2001 as Executive Vice President of Equity Product Development for the Investment Banking and Brokerage Customer Segment. In this role he was directly responsible for the development of the global sell-side Equities strategy. In March 2003, Mr. Temkin was made Executive Vice President, Head of Desktop – Reuters Station, with responsibility for the design and marketing strategy of the current and next generation premium desktops. In January 2006, Mr. Temkin was made Executive Vice President, Institutional Sales and Trading, with responsibility for working with Reuters’ top North American Buy-Side accounts, to build customized analytical solutions. During Mr. Temkin’s career at Reuters and Thomson Reuters he managed businesses with revenues ranging from $350m to over $1b, and during his two year tenure managing buy-side accounts his team grew revenues for those accounts by 26% two years consecutively.

Prior to joining Reuters, Mr. Temkin worked for Bridge Information Systems where he served as Executive Vice President from 1998-2001, and was responsible for the design of Bridge’s core products, BridgeFeed, BridgeStation and BridgeChannel, and oversaw the effort to integrate multiple workstation applications of the Bridge divisions. Mr. Temkin joined Bridge in 1991 as an Institutional Salesman, and later served as Vice President and Manager of New York Institutional Sales from 1994-1997.

Prior to joining Bridge, Mr. Temkin was an Institutional salesman at County NatWest Securities.

Mr. Temkin is a Director of the BATS Stock Exchange based in Lenexa, KS. He is also the Lead Director of the Board for the exchange.

by: RL15

Another failed fleecebay scam. No surprise.

by: purpleiris

I'm sure it was canned because shareholders thought it cost too much. This is why no marketplace site should ever be publicly traded. If they continue to be, then they should be strictly regulated under a separate set of laws to make sure they're not exploiting small businesses as they have been.

by: pace306

ICE was NEVER interested in buying eBay and they said so.

ICE wanted to use its technology (search)(used on the exchange for predicting stock movement) on eBays platform - because search is "JUST SO BAD".

ts bad (or course) for MANY reasons - mostly though because its used to manipulate listings based on eBays whims. Dont do 30 day returns and Best Offer - you get hidden. On Amazon (to all the Amazon haters that lurk here), you may not always get the buy box, but your offering(s) are always shown.

Getting back to it ...... eBay refused to even discuss it with them "ICE said in its statement that “eBay has not engaged in a meaningful way,”

WHY? Because Cantseeme (Cassini) is a valuable tool to steal money from sellers and increase revenue (since its dropping week after week, quarter after quarter).

eBay did drop its free perk - employee shuttle "The company cut its employee shuttle service for commuters in the San Francisco Bay Area."

eBay obviously doesnt know what to do next - maybe the free gym, and soda machines will be next?

Better - sell off Walkers West - and refund all the seller you ripped off - but I doubt it.

by: pace306

As an aside ...

ALL of us here said (well except a certain tool seller in the Northwest) that FBE would never happen - and we were right !

by: NoMoreEbay

"there have been no announcements made regarding its expansion."

There have been no announcements made regarding it's demise either. Yet the link is dead.

Wasn't it Mr. former Walmart who stated now that he's back he is all about communication and transparency. Didn't take long for him to be re-assimilated into the collective.

by: CanBrit

I actually took the time to not log into to eBay so I could see how their weekly chat went. It was just about as chaotic as last weeks and quite a bit of fun to read. They've really turned into attack chats. You can tell the Blue's are getting tired of the questions directed at them.

Wall Street should be reading those weekly comments (diatribes). It clearly points to almost every single failure eBay continues to throw at sellers. Managed Delivery being just one of them. They can't honestly do anything right.

by: eBay Shill Buster

eBay, the next Yahoo/MySpace is for sale, just like Yahoo and MySpace were sold after moron executives ruined those companies.

Would not be surprised to see some holding company buy eBay and start selling their own inventory soon as they have destroyed eBay for 3rd party sellers who are pulling inventory and closing up shop.

by: Sven1010

Here's the facts. We signed up for the new fulfillment program through ebay. eBay sold us on the idea of having the listings we sent to their preferred warehouses to be shipped out same day with guaranteed delivery to the lower 48 states. And also the guarantee that there would be a reprieve from any penalties from not getting the parts we sent shipped on time. Everything was set up through a company called easypost. There were some bumps along the way, especially with receiving in our goods. But it wasn't terrible, at least not initially. Well, Easypost consistently did not get the parts shipped out on time. I got a call from my rep back in November saying they were shutting down associations with Easypost due to "many issues with them as a company" and that I would get a call at the beginning of 2020 with an update as to where the new warehouse/company would be. It is now February and I have not heard a peep from our rep concerning any of this.

by: Lightning

@Sven1010
Thank you for posting actual facts and real life experiences relevant to the topic.  Very refreshing.

But don't worry, the other posters here won't let that get in the way of their speculation, rumors, and innuendo.  

by: eBay Shill Buster

Lightning, fill us in on what you think the speculation is?

by: iheartjacksparrow

Lightning writes: "But don't worry, the other posters here won't let that get in the way of their speculation, rumors, and innuendo."

I don't believe that Sven1010 provided any information that would create speculation, rumors and innuendo. Just going by eBay's usual course of action, eBay probably contracted with Easypost because they had the best (read cheapest) pricing. I doubt anyone but the eBay execs know what happened after that. Perhaps Easypost couldn't handle the volume of shipments. In any case, it certainly seems like that is another failed idea from Devin.

by: Lightning

@Jack
That was my point.  Sven1010 _DIDN'T_ create any speculation, just delivered mostly facts and real life experience, first hand info relevant to the topic.  No opinions.  Very rare post these days.

by: Lightning

Speculation:
''he even has his Wall Street buddies trying to buy the company to save his job''
(Shot down by pace)

Speculation:
''I'm sure it was canned because shareholders thought it cost too much.''
must have inside info

Speculation:
''FBE would never happen''
(yet to be determined, but would tend to agree more than not agree)

Greater Speculation:
''the next Yahoo/MySpace''

The DEFINITION of Speculation:
''Would not be surprised to see some holding company buy eBay''

by: eBay Shill Buster

That is funny, shot down by Pace but ICE came out today claiming they wanted to talk takeover of eBay, then at the end of the day since ICE stock was tanking they said the takeover talks were ended and eBay stock tanked.

What is also funny is I have been saying for years that eBay is the next Yahoo, and a year ago a former eBay executive said the very same thing, yeah, all speculation for sure.

Next, who do you think is going to buy eBay, some little lady from the hood? It is going to be some holding company, that is the standard method used to purchase public companies.

by: Lightning

Shill, all I am saying is it was refreshing to see someone post some hard facts.  This type of blog is mostly about opinions and speculation, thoughts running through people's minds, imagining where things might lead, even crying that the sky is falling once in a while.  Or links to OTHER people's opinions.  And opinions about opinions.  That's all ok, but it does get tiring.  Nice to see some data NOT based on fantasy.

You ''have been saying for years that eBay is the next Yahoo''.  That is like someone saying ''the market is going to crash'' for 10-12 years in a row, and then finally it crashes, like most cyclical things.  Did they call the crash?  Yes and NO!  They just stood on that position until it happened.  They got it right once out of 12, and want a pat on the back for their foresight.  Again, useless speculation.

by: eBay Shill Buster

It is not useless speculation when you know what you are talking about, Jerry Yang when he was running Yahoo had a 50 billion dollar offer from Microsoft to sell the company, he did not sell, a few short years later Yahoo was sold to Verizon for 4 Billion dollars in a fire sale.

I knew he was a fool when he turned the offer down from Bill Gates, you can call it speculation, I knew Yahoo was going down the tubes when they started making changes in their email program that were ill advised way before they started going under.

I can see eBay under Wenig has done the very same thing with the changes they have made to the marketplace, the numbers show I have been correct on that also.

by: eBay Shill Buster

eBay is not going under due to what we post on this forum, eBay is going under due to greed inspired policies of their own incompetent executives. read what real eBay sellers are doing to respond to these policies, they are shutting down their eBay stores and moving all inventory to other venues.

https://community.ebay.com/t5/Selling/eBay-service-metrics-are-a-preda
tory-to-increase-your-final/m-p/30646083#M1543465

by: Silver Ice King

@ Sven1010

Glad to hear that you were having some sort of success with the promotion that had come up with.