Hello,
Posting this on behalf of John from the Category Management Team at eBay India. John is on holiday right now, but he wanted to post a reply to this discussion. He has emailed me his message, that I am posting on his behalf.
Hello MumbaiMantra, Sapl.co.in
Thanks for taking the time to put forth your feedback and suggestions. I'll do my best here to respond to key areas - but most importantly I want to assure you that eBay does care. For example, your input here has been forwarded to key product and marketing folks in the team to react to. This is just the beginning - every time we look at product features and enhancements we include the community, often times inviting panels of buyers and sellers into the office to participate in the development process.
Here goes with some ideas..
1) Fees - eBay simply cannot succeed if our sellers can't afford the marketplace. The seller fee structure in place (both PaisaPay and the marketplace) are there to both increase the marketplace health by influencing market behavior and to fund our efforts to attract and retain buyers. Without fees we simply couldn't build the tools and attract the traffic. I agree, margins on certain types of product are tight - selling on eBay is certainly more profitable for certain types of products - maybe used items, items that nobody else has (and buyers all want), etc. I encourage you to always bee looking for that unique supply that will drive most to your bottom line.
2) Selling process & workload - I'm eager to hear more details from you here. We're hearing interesting signals from the community on this topic... seller tools, for example, have been praised in our discussions with sellers as a dramatic improvement over baazee listing uploads. Tied to this, site listings (net of duplicates) is up dramatically. This said, we know there are new steps in the process that didn't exist on baazee. We view every additional step in the selling process with careful consideration - weighing incremental benefits of a better listing (i.e. attributes) against the seller workload required for any additional step. For example, a new SYI form will be globally released in coming months to give sellers the option of a faster listing process if they wish to skip adding certain information.
I agree, Order IDs has been a pain point we're trying to address. We're learning that in India, more sellers sell 'multi-item auctions' than other markets, and we're working to adapt to this. The Selling Manager tool has functionality to help with this. We're also looking at further enhancements to the post-sale management such as adding phone numbers to shipping labels, etc.
3) Buyer flow on payment method - This is an interesting suggestion that I've passed to our product team to look into. My guess is that this flow is a balanced decision on whether to bring the buyer further in the flow before popping the payment question - which leads to different drop off rates, and UPI rates as well. We are building a wealth of website traffic data that we hope to learn from to optimize all the buyer flows. We'll look into this.
4) Buyer acquisition vs. retention - this is a huge topic. Both are important. Here at eBay, we call them "Acquisition" "Activation" and "Activity" - the "eBay triple A"
Acquisition - Here in India, we think nearly 20,000 new internet users log in each and every day. This is HUGE! We cannot ignore the opportunity to bring these new buyers to eBay as quickly as possible, to educate them about how to safely buy and sell on the web and discover the vast product offerings and great deals offered by sellers.
Activation - Registering a member is just the beginning. Actually getting users to bid and buy is the next challenge. Having great sellers with great value products is critical. Things like paisapay, feedback, and smooth product flows also help.
Activity - This is where it gets exciting! I love watching trends where we see buyers experiment at first to win a paisa auction on a book, for example, but come back for a laptop, then start to use eBay monthly to buy just about everything they need - even a car! Generally speaking, we go after this activation with both marketing and savvy product development. In mature markets we even use TV advertising. Above all, a pleasant buying experience is the critical factor - hence we see seller education as so important.
Sometimes we use coupons - however keep in mind that to keep our fees low, eBay has significantly lower margin structures than other sites, which may actually hold the inventory they sell or have a reselling agreement that gives them significantly greater profit per item sold.
Technology and product functionality is by far the most leveraged long term activity driver. Tools like "my eBay", "favorite searches", "favorite sellers", "alerts", and the eBay toolbar work to remind people to come back to eBay again and again. There is simply no other marketplace in India that comes close to such powerful tools... This said I admit we have a long way to go, however, to make sure our users KNOW and USE these functions.
This is where you, the seller, come in. We need your help, and furthermore, this is how you, can control your destiny... Tell buyers about these tools! You can remind your buyers to add you to their 'favorite search'. You can use tools like 'seller email marketing'. As you look at other sellers, note the difference between their unique feedback and total feedback score - those with a big difference have strong repeat customer activity.. maybe there is something to learn from their strategy.
We're never done finding more ways to keep buyers coming back - This year, we've been working with the community to develop some really cool functionality on the way that we think will be especially powerful retention drivers - stay tuned!
Let me close, by assuring you (and any of you lurkers out there
😉 ) that eBay is alive today because of a vibrant, engaged community - here in India and around the world.
We would be fooling ourselves if we thought that buyers and sellers didn't have a choice - and that is why we truly care about the success of our sellers and the delight of our buyers.
Here in India, we're just getting started. I think there is some history to be made, and I encourage you to continue your entrepreneurial spirit and open mind towards building the vision.
Keep the ideas coming!
-John
Thanks and Regards,
Rohit,
Buyer Engagement Team