Meg Whitman Resigning; Fee Announcement Coming

Friday, 25 January 2008 at 5:00 am Pacific USA Time.

The word’s out about Meg resigning, and what does this mean for eBay. This makes me think of a comedy bit I heard on XM Radio the other day. A comedian was talking about the dumb opinion polls in USA Today. He mentioned one on "do you think there will be a terrorist attack at the Olympics." The results were something like 74% said not likely, 23% said likey, and 3% didn’t know. The joke in the bit was that NOBODY knows. It’s opinions, and you just don’t know.

I think the same about Meg resigning. I like a lot of where the company went in the last 10 years, but I have no idea what’s coming next. Most of us don’t! It’s kinda like the next president. We don’t know what’s coming next. We all just hope that the country and life get better. :)

Now how about fees. Well the word is that fees will be reduced. I’m for that in every situation except one. By reducing some of the fees, I think eBay has the potential to attract more of those people who attend seminars or watch infomercials, and then feel that they should be putting a whole catalogue of 25,000 drop shipped items onto eBay. They’ll be making money from their pool rafts with no work! Wow! I think that any fee reduction has the potential to attract those people back to the site, yet it’s my theory that it’s those people putting thousands of items on eBay are what drove eBay to raise Store fees a year or so ago.

So I do want fees lowered, but I do want to find some way to let people signing up for those "systems" to know that they mostly don’t work. I don’t want lower eBay fees to draw those people to the site to post thousands of things that thousands of other sellers are already struggling to sell and little to no margins. :(

Good luck, Meg!

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Categories: Just An Observation

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