On Sep-02-11 at 05:54:17 PDT, seller added the following information:eCRATER is a brand in troublePosted by: David Kiley on Sept,2 2011Never mind eCRATER’s business model or stock price. This is a company whose brand is in trouble.Just a year or so ago, people I know who buy and sell on eCRATER would talk about the eCRATER “community” and the fact that it’s “the only place to be,” for online selling. Since the company raised its prices to sellers earlier this year, though, there are defections to overstock.com and even amazon.com, and others. This is anecdotal, but out of ten of the people I know who regularly sell on e-bay, four say they have gone elsewhere and two say they are cutting back on using eCRATER.I spoke with one former eCRATER executive last week—a pretty high-up guy when he was there who still has friends at the company. He says his friends say it’s like working for Sears. Yikes. It seems to me that part of what drove eCRATER’s success was not only the business model, but the culture that emanated through the site and services from enthusiastic employees who were on to the fact that they were doing something far smarter than Sears or even amazon.eCRATER’s stock is trading at almost half its 52-week high despite continuing to make money. One wonders if eCRATER has simply become as complacent as General Motors became in the 1980s, figuring that Toyota and Honda would never amount to much, and that people would prefer a used Buick to a new Hyundai. eCRATER is still a market share leader by a big margin. But investors and Wall Street tend to value a stock based on what they think future performance will be. Looks pretty bleak.eCRATER is one of those brands that doesn’t really need to advertise very much. But it would be a good idea, for example, for CEO Meg Whitman to stand in front of the camera, admit that price hikes were out of line, roll them back and thank the people who make eCRATER tick. But that’s just one free idea to Ms. WhitmanOn Sep-02-11 at 13:23:48 PDT, seller added the following information:Go to Ebuy under same user name for this idem will give you a discount if you buy it from Ebuys siteDon't Get Stuck In an eCRATER Rut!There is no denying that you can find and sell just about anything on eCRATER. It is the easiest place to start an online business for yourself but everyday more and more people are taking their selling and buying adventures to other sites. If you're reading this you're probably aware of eCRATER's high fees are how easy it is for them to just shut you down. There are more and more horror stories of eCRATER just accusing honest sellers of breaking their 'rules' and in the blink of an eye your business is shut down without any legitimate reasons. What's worse is it is virtually impossible to have a real conversation with anyone at eCRATER or get a 'non-generic' answer to your question or argument of accusation. So where do you go when you feel like your business has just been ruined and your life has been turned upside down? There are plenty of up and coming product sites and a few of them have the real potential of being the next big thing.
