eBay’s Controversial Feedback Policy Starts Monday

eBay, the on-line hot spot, will put into effect its new feedback policy this Monday.   The policy, announced last January, will remove the ability of sellers to leave negative (or neutral) feedback concerning buyers.

eBay maintains the change is a result of growing retaliatory comments from sellers who received negative feedback from buyers.  Market research, according to eBay, shows us buyers who receive these retalitory comments are much less likely to make future purchases.   Fewer future purchases mean decreasing sells which isn’t in anyone’s best interest.

Well at least not in everyone’s best interest.  Decreasing sales at eBay is a good thing for rival sites, such as OnlineAuction.com.  Sellers are looking towards local classifieds, self-owned merchant sites, and local sites such as Craigslist.com.  The defection, while currently only a blimp on eBay’s radar, could be a sign of things to come.

Filed under: Business, News , Business, Craigslist, e-commerce, eBay, internet merchants, OnLineAuction

Take an Optimism Quiz

This quiz is 15 questions and takes about 5-7 minutes to answer (unless you over think it all.)  Email the link to your staff and have them take it, always good to know who’s an optimist and who’s a pessimist.

The quiz will open in a new window.

Filed under: Business, Life, Management Lesson, Motivation , employee motivation, Optimism, Pessimism, Quiz, Self-Test

Ronald Reagan Leadership Quote of the Day

“Surround yourself with the best people you can find, delegate authority, and don’t interfere as long as the policy you’ve decided upon is being carried out.”

— Ronald Reagan

Filed under: Business, Life, Management Lesson, Management Training, Motivation, News, quote of the day , delegate, delegation, leadership, Management, politics, quote, quote of the day, Ronald Reagan