eBay Focused Squarely On New Goods, Not Second-Hand

eBay rose to fame as a place where people could sell second-hand goods via an auction process, but these days the ecommerce giant is concentrating most of its energies on stores that sell new items using its Buy It Now process. What does that mean for consumers?

eBay has always liked boasting about the number of items listed on its site. But there's another number that it likes to trot out even more frequently: 78% of the items listed are now new, not second-hand. While the number of second-hand items at any given tim is still clearly more than you'll find in the local Vinnies, that's now a minor part of the operation.

read the rest...