eCommerce Strategy Consultant - Rick Watson - RMW Commerce Consulting

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The Wall Street Journal - eBay Stock Falls Amid Slowing Near-term Trends

I was recently quoted in a Wall Street Journal article about eBay. Read the excerpt below:

Rick Watson, an internet retail veteran who now runs e-commerce consultancy RMW Commerce Consulting, said eBay discussed incremental improvements, but "I did not hear a single major initiative...that would chart a new course for eBay."

Mr. Watson pointed to positives, like the increase in active users and gross merchandise value. But it's not clear eBay is specifically doing anything other than benefiting from cyclical trends, COVID, etc., Mr. Watson said, adding that ultimately, he feels eBay seems to be on a Yahoo-like decline and is still in need of a major reset.