Andreessen Horowitz Partner (and PandoDaily investor) Jeff Jordan wrote an interesting guest post this morning about how he saved eBay’s domestic growth with a risky bet on buy-it-now sales. He more than backs that up with numbers and logic in the post.
And yet, I always tell people buy-it-now is the reason I stopped using eBay. As a user, I hate buy-it-now. I think it turned eBay from a fun antique store to poke around in, to one of those mass flea markets where everything is being sold at a bargain in cardboard boxes spread out on a blanket. A box for the socks, a box for the deodorant, a box for the underwear. Or worse: An online Wal-Mart.
Via @pandodaily (read here)
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