Good news for eBay – according to Scot Wingo, CEO of ChannelAdvisor, eBay sales have gone up for the first time in a year. Driven by increased fixed price listings, 3,000 sellers who ChannelAdvisor track have reversed a month on month decline with growth of 4.6% in August and 5.1% in September.
Several eBay staff, whilst not mentioning numbers, have intimated that eBay growth in the UK has remained buoyant, fueled especially by exchange rates leading to 30% growth in exports. eBay in the US hasn’t been so fortunate with stagnant sales so the latest increases may be a positive signal that changes implemented over the last year are starting to bear fruit.
Its been a long 18-24 months for ebayers as the site has gone through a painful transition. The increase in y/y sales indicates there is a light at the end of the tunnel (and most likely it isn’t a train).
That being said, eBay has definitely become feast or famine. Those sellers that have switched to fixed-price, worked the DSR system, etc. are on the feast side. However sellers that have not been able to adapt for whatever reason are on the famine side of the equation.
– Scot Wingo, CEO of ChannelAdvisor
At the end of the day sellers will always go where the sales are and in recent times for many that’s meant Amazon. If eBay’s sales engines start firing on all cylinders again it won’t be long before sellers (or at least those that can get to grips with changes and Top Rated Seller status) start to forget their gripes and get on with the business of selling.
Disclosure – ChannelAdvisor advertise with TameBay