Marketplace

How to Fix a Broken Marketplace (eBay)

Image via Crunchbase Do you still remember when eBay was a great place to buy and sell things? Today most auctions close without a single bid and very few are purchased at all. Most items are sold by “power sellers” which is really code word for businesses. Heck, most sellers are probably businesses at this point. As eBay discovers it isn’t recession proof and scrambles to become a primarily “buy it now” channel it needs to remember what eBay was.