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Jul 31, 2006 -- eBay hires "police" to monitor sellers

There are tons of great discounts on eBay these days. But the company is suffering from all of the fraud complaints and fears out there. eBay has been disappointing Wall Street for a while now because people have stopped using the site as much. As a result, eBay is trying several new tactics to clean up its tarnished image. One of them was to hire 2,000 new employees whose main job is to monitor sellers. The site police can impose penalties on sellers if they are not following the rules of the site. There is even an eBay “Probation Course” that penalized sellers must take before they can start selling again. Clark thinks eBay needs a Trusted Seller Program that people pay a little extra to join and buy from. eBay needs to rethink how it does business before the stock price drops even more.

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