Why does eBay not have a major competitors when it must be so fantastically profitable?

Question

Why does eBay not have a major competitors when it must be so fantastically profitable?

Answer 1

well they just had to give 37 million quid to a fashion company for allowing fake labels to be sold.

Answer 2

Well they will be neck 'n' neck with ebid sooooooooon!!!

(I too, sell on both!)

Answer 3

It wont be long! the closest they have is ebid,  i sell on both now, ebay has gone dead since the changes,  oh and tazbar is ok aswell.

Answer 4

i use ebid and jtbids as ebay fees are too high and its gone too commercial no room for the little sellers any more

Answer 5

Because nobody else even comes close to the marketing power of eBay. The last count I heard was over 60-million members. That's 60-million potential buyers!! With all it's problems, eBay remains the best marketplace simply because it reaches so many potential customers. There's no other web marketplace that has even 1% as many participants as eBay. And eBay just keeps growing so fast that none of the others can catch up. So, if you had an item you wanted to sell, who are you going to list it with?