View Full Version : eBay plans instant-buying service
01-19-2006, 09:43 AM
eBay plans to offer an instant-buying service called eBay Express in addition to its current bid-and-wait online auctions.
eBay also plans to raise the transaction fee on higher priced items and lower it on lower priced items.
Complete details are in this article http://www.msnbc.msn.com/id/10913773/
01-19-2006, 05:07 PM
I'm not sure how this is any different from the existing eBay stores with fixed pricing and "buy it now" options. And yet again eBay is trying to up it's net profit for shareholders with another rate hike... surely this will be real popular with sellers along with the dillution of eBay stores or added expense of also running "Express" listings as well.
Even a difference of 3% on big ticket items like LCD or Plasma TV's is a huge hit on the bottom line after factoring in additional costs.
This seems to differ from "Buy It Now" in that customers may order several items from several different merchants and throw them all into one unified shopping cart. That way, they only have to go through the transaction process once.
It will be interesting to see how eBay doles out the money and how abuse reports are handled through this new system.
01-20-2006, 12:07 PM
In the beginning, eBay express will only be available to sellers in the United States with international coming later.
An interesting feature of eBay Express is that only sellers with strong buyer ratings will be allowed to sell on eBay Express.
Also all payments for eBay Express are made either by credit card or eBay's payment service. Sellers are paid instantly, which is to eliminate buyers defrauding sellers - at least by not paying.
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