Home » BLOG » eBay aims to transform shopping experience to compete with online giants Alibaba, Amazon

eBay aims to transform shopping experience to compete with online giants Alibaba, Amazon

The spectrum of goods on eBay, from new to used, is the retailer's 'secret sauce,

TORONTO – EBay, regarded in the early days as an endless repository for Beanie babies and baseball trading cards, has transformed beyond as being a reliable place for collectables and used goods.

But though 80 percent of what’s sold nowadays on eBay Canada is totally new, its relationship using the remaining 20 per cent is what makes the website special, according to Andrea Stairs, eBay Canada’s managing director. It also presents one of the online marketplace’s more bedeviling sticking points.

“The inventory on eBay covers a spectrum of value, everything from new and in-season to end-of-runs, used, refurbished or vintage,” Stairs said inside a recent interview in the company’s Toronto headquarters. “That mix – that is exactly eBay’s secret sauce. That’s the reason consumers arrived at eBay.”

Related

About privatefinancetips

x

Check Also

U.S. job growth slows and profits tumble as a strong dollar and cheap oil undercut earnings

WASHINGTON – U.S. economic growth slowed within the fourth quarter, although not as sharply as ...

The REIT sector’s next challenge: CEO succession and board renewal

Getting there C with new chief executives and groups of new directors for that firms ...

Commodities could be headed for ‘buffalo jump’ as investors rush for the exits, Barclays warns

Commodities including oil and copper are in chance of steep declines as recent advances aren’t ...