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ebait
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Robin
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ebait
On 25/09/2017 08:47,
wrote:
It means more sellers leaving ebay. I've said for a while someone needs to set up an alternative to ebay but do it better. Why no-one has yet I don't know.
eBay is a textbook "natural monopoly": buyers want the widest choice of
goods/services from the greatest number of sellers; sellers want the
greatest number of potential bidders.
Consider eg if A wants to sell a used angle grinder. On eBay A can
expect to get GBP 25 after net (after all fees and charges). Why would
A list it on another site - even one with no fees at all - if A can
expect to get only GBP 15 net there there are so few potential bidders?
That's why what might have been potential competitors mostly advertise
stuff for fixed prices.
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