Is eBay Changing Direction?
March 8, 2011
Exorbyte just released some interesting news on its blog, “eBay is Magento’s Secret Investor – Internet Retailer”. It appears the leader of online marketplaces is finally catching on to its smaller merchants’ complaints. So much so that eBay had acquired a 49 percent stake in Magento, the open source ecommerce Web application. Exotbyte Commerce Search is available as a plug-in for Magento.
Here’s one snippet from the Exorbyte write up:
“This is confirmation that there will be an ongoing market of small online retailers who do not want to operate within the restrictive and expensive platforms of eBay.com or Amazon.com; where fees are high and they have no or little control of the customers relationships. This market of small online retailers using installed or hosted ecommerce platforms is where Exorbyte Commerce operates.”
The question in Harrod’s Creek is if eBay’s obvious need to appeal to its lower volume patrons foreshadows some version of a buyout on the horizon. We shall see. eBay has become dependent for sizzle on PayPal. eBay’s original service seems a trifle dowdy. Magneto is a fresh name at least.
Sarah Rogers, March 8, 2011
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