Each day, a new ecommerce site gets started in India and 2 questions gets posted on OCC/Headstart mailing list about how to start an ecommerce site. There are already many sites in niche verticals like eyeglasses and watches and this is just the beginning. Now the question is, What will happen to India’s oldest B2B/B2C ecommerce site ebay India and how relevant it will be considering almost everything which people on selling now is already there on eCommerce sites. And the single biggest reason that goes in favor of ecommerce sites as compared to ebay is “Ownership”, as a buyer you know with whom you are dealing and that ecommerce store will deliver the product in the time with genuine product, something which is not the case with ebay seller.
I feels eBay India will remain relevant as far as C2C is concerned, people selling their used products on ebay (though there is lot of fraud going on there too, lot of stolen electronics are getting sold on ebay) will be there but the “shops” which are using ebay to sell their products, they are in serious trouble because they can not match the Pricing offered by ecommerce sites.
May be it a good time for eBay to reinvent itself otherwise it may be heading towards Rediff shopping like fate, where the independent sellers gave the bad name to rediff shopping and the shopping experience was never in control of Rediff.