Quote:
Originally Posted by jchcollins
Bob, the point of all this seems to be that the serious business and profit motive are not necessarily in the best interest of all buyers / collectors. Would you agree? Of course eBay is not going to advertise their motives in detail to their customer base.
I would think that this means that many are looking for ways around such formal platforms with fee structures and tax reporting requirements. To your earlier point, many (N54 is one) still exist, and I would guess that other ways to do business off the cuff would continue to arise.
Interestingly enough, the one thing I saw on Facebook last night related to this authentication model, and the customer was very happy with it. Of course he had just bought a '52 Topps #311, so that might have been worth waiting an extra 2 days for.
|
John,
I absolutely agree some business, like Ebay, isn't necessarily doing things for the benefit of their buyers and sellers, they are doing it for their own bottom line. Don't forget, Ebay is a publicly traded company since 1998, and answers to their shareholders, not their buyers and sellers. It just works out that in some instances, what is good for Ebay, is to be doing good things for their buyers and sellers so they keep coming back.
Ebay didn't start collecting sales taxes on behalf of all sellers because they wanted to. Same with things like these authentication programs. Ebay was doing well and making lots of money before instituting such changes, why would they suddenly decide to go through all the additional time, effort, expense, and hassle to do these new things if they didn't think it made sense to them from a business standpoint in the long run?
And as you noted, some of these new changes they've made are actually going to work against Ebay's business. Like sales taxes being collected on all sales now. Buyers hate that they are now getting hit with sales tax on everything. Just go back and read posts from some members on here in threads right after that new rule was put into effect by Ebay. So Ebay may lose some buyers from making that change. But in doing so, Ebay is likely also thinking about the additional hassle and work their sellers are going to have to now deal with in regards to sales taxes, and how that may drive many of them to stop selling on Ebay. So by taking on the sales tax collection, remitting and reporting obligation for all sellers, it removes that burden from them and makes them more likely to continue selling on Ebay. And something else many people probably didn't even consider, it also appeases many of the bigger sellers on Ebay who would have had to start collecting sales taxes in various states due to that Supreme Court decision back in 2018 regarding sales taxes for online sellers, South Dakota vs. Wayfair. Because of their larger sales volume, many of these bigger Ebay sellers would be forced to start charging sales taxes in many states, whereas the smaller Ebay sellers wouldn't reach those thresholds requiring them to collect sales taxes, and wouldn't ever have to charge sales taxes on sales made to other states. This would give an unfair advantage to smaller Ebay sellers over the big sellers, which would piss the big sellers off. By Ebay deciding to just handle the sales tax themselves on all Ebay transactions, it appeases all the sellers, and especially their biggest sellers, by not giving some of their competitors who otherwise wouldn't have to charge a sales tax, a price advantage over them due to the sales tax. Ebay may lose some customers who don't want to pay the sales tax, but they won't lose them all. But if you lose the sellers, there are no Ebay customers at all because nothing is being sold.
See the logic behind such a business decision? I'm guessing there is similar thinking and logic behind these other decisions and changes Ebay has been making as well.