Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

How the Baby Boomers’ aging will destroy eBay

Market Insanity

EBay has Lots of Money but Little Growth

The only real threat to eBay will be aging and dying off of America’s 74 million or so Baby Boomers (people aged 52 to 72). The Boomers are eBay’s main customers; their insatiable appetite for collectibles and kitsch drove its growth and recent profits. As the number of Boomers declines, eBay’s revenues and income are likely to fall.

One potential danger that eBay might face is a growing glut of collectibles and antiques on the market; as Boomers or their heirs sell and find no buyers. News articles indicate that Boomer’s kids; Generation X and Millennials, have little or no interest in a lot of their parents’ possessions.

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