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Comment on EBay Losing Traffic To Amazon After Strategy Shift

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I was at a party a couple of weeks ago, and the subject of eBay came up. The people there were all 30-something professionals, and none had ever bought or sold anything on eBay! Few even bought stuff online. These people are my friends, and I had just presumed that their buying habits were like mine. As I stood in front of them with my mouth open, they asked, "What kind of stuff do you buy on eBay?" in a gee-wiz sort of way.

We at HN are not at all representative of Americans. Everyone in that room had at least one college degree, and the average earnings were probably $100K. Even then, they weren't buying online.

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