Message In A Bottle: Dear eBay, From the Great Minds of Circuit City Leadership
Hey, I just listened to the eBay earnings call today. Not too good, and I am sure Randy Smythe is doing a little “happy dance”. He was pegged by readers on AuctionBytes blog to be the new CEO of the company, LOL
But I made this video earlier today to post later on, but after hearing the call today…I figured it is good to go right now.
So, PLEASE re-tweet this one if you think it is worthy?!? I know that the folks at eBay must begin to listen up, or the writings of Circuit City, a company 3x as old as eBay could be repeated on eBay.
I dunno about you, but there is something to be said about ALL sellers, not just the biggest ones. You need ALL of us or none of us will be around too much longer. I am sure THOSE GUYS at Circuit City never thought laying off 8% of their sales force would lead to the demise of their business. Maybe it did not, but I say IT DID and I am sure eBay would not think losing “small sellers” would impact their bottom line either but IT DID!
You all can cover a MULTITUDE of errors under the umbrella of a bad economy, but this Circuit City blunder was from May 2007! So even if you make bad decisions earlier in time, the repercussions will be felt at some point. And during a down economy, that reverberation can be 10,000x worse. Circuit City, after 60 years in business, could not recover from bad decisions when the money started to dry up in a bad economy.
Dear Mr. Donahoe, please hear my video…




