| I think the consumer and merchants are both to blame for the state of Ebay. The consumers want pearls for pennies and the merchant wants their business. Ebay also attracts the bargain hunter shopper who gets just as much pleasure from finding a good deal as from the actual product itself.
Well there is no point in using Ebay to purchase an item for the same price it can be had with a real store. So merchants have to offer ridiculously low prices to earn sales, but instead of cutting into their profit margins they simply cut the quality.
Kind of a chicken or the egg situation. |