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There are changes going on over at eBay which has left some sellers in an uproar.  A new fee and feedback structure is supposed to favor sellers.  In some ways I understand the decisions that eBay has made.  I used to sell on eBay and have been ripped off by fraudulent buyers, which is one of the reasons why I stopped selling with eBay.  So, holding payment for "high risk transactions" doesn't come as a big surprise to me. 

 

However, on a sidenote I do have a suggestion for eBay (since they do own PayPal).  They should only hold payments in which an exchange of goods are being made.  PayPal is currently holding a commission payment of mine that has nothing to do with the buying and selling of products.  I'm an affiliate of a company who just sent me a monthly commission and PayPal decides that this transaction is high risk for whatever reason. 

eBay is a huge conglomerate that make billions of dollars a year.  I don't know if it did make economic sense to make these changes.   It would be interesting to see how much money they would lose if sellers decide to find another marketplace or payment system to replace them.

What do you think?  I like Steve Olson's suggestion: "The best antidote is to keep your eyes open for new opportunities and position yourself for rapid change."