Hong Kong Sellers are struggling!Recession Preview!
Has anybody noticed lately how desperate some hong kong sellers are getting?
key in ipod case in search and take a look how many sellers have thier items as .01 cent and free postage.It never used to be like this 12-24 months ago
and a lot of them cant even sell cases at that!
Ebay is certainly going to have troubles with sales over the next year or two with struggling mortagees no longer able to shell out money on ebay.
IF the u.s goes into recession then a lot of chinese sellers and factories will be left with overstocks galore and will be forced to shutdown.
How many peoples sales have dropped from the start of the year??...would be interesting to know.
Obviously sales will pick up now for xmas but its not looking good post new year.
Ebays desperation with the new fees structure in the U.S is a clear sign that they are struggling with new listings........it will happen in australia shortly too i would think.
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