According to a report in the Sunday Times, eBay is set to move away from auctions and into the online shopping arena with a new, more regulated selling service that will go under the name of eBay Express.
All sales at eBay Express will be for a fixed price, similar to eBay’s "buy it now" service and it’s hoped that it will appeal to those who prefer a more traditional retail environment. All traders will be forced to meet a minimum standard of commercial behaviour, for example, all goods should be shipped within three days, all customer enquiries answered within 24 hours and all sellers should have a returns policy.
eBay is expected to begin promoting the new website from Monday 9th October. We’ll keep you posted.
Via Sunday Times