New eBay CEO John Donahoe looks to compose a quick impression

January 24th, 2008 | Category: Marketing and Advertising

When we took a look at eBay (NASDAQ: EBAY)’s fourth-quarter earnings final night, we additionally made note that long-time CEO Meg Whitman would be stepping down, to be replaced by John Donahoe. We wondered what changes Mr. Donahoe would be bringing to his new position, and some of those answers have come quicker than we expected, as Donahoe has already announced a few changes that we can expect to see.

One thing consistently on the intellect of eBay users is the website’s fee structures. Since final year, users have been openly voicing their disappointment with what they consider to be abnormally high selling fees, and it seems like Donahoe will quickly look to address these concerns.

Donahoe said that

within a few weeks, we will be seeing a sort new fee structure from eBay. In response to what users are demanding, eBay is planning to lower its upfront listing fees, but at the same duration will be raising final selling fees. These final fees are only paid once an item has been successfully sold, and I am certain that users will not like to take in that too much, but they should be happy to take in that the initial listing fees are going to be reduced.

Continue reading New eBay CEO John Donahoe looks to construct a quick impression

Original post by Michael Fowlkes

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.