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May 25, 2006

Meg @ goldman - part IV

Noto: your revenue per listing is decreasing what up?

Meg: Store inventory format (SIF) is popular, cheaper than core.  SIS accelerated SIF growth. Unit growth of 30%, 20% revenue growth - why?

Making sure we're balancing the marketplace between core and SIF.  Fundamentally not worried about it.

While GMV is relevent as a metric, it's not the only one.  GMV will become less relevent because of classifieds and other things.

Noto: If core is more valuable, why are they not shifting back? 
Meg: Over time there will be a shift back.  Also what's good for buyers as a start. 

As we manage through pricing and other techniques.

Good news - we stumbled onto something that's a good thing.

(Scot editorial) - I see this as meaning we could see an increase in store listing fees.

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Comments

Stores are currently base most off a percentage...The last time they tryed playing around with store fees they tore up the stock value and trust issues with their sellers.

Ebay is play a crazy game of managing revenue per item. Ebay can scale items with little concern. The aggregate numbers are all that counts....Ebay does not make widgets, and there is no excuse for them or the stock analysts to be obsessing on meaningless metrics

Wouldn't the same logic imply they're just as likely to reduce core fees as to raise store fees?

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