• FEATURED POSTRichard Brewer-Hay / Thursday, January 26th, 2012

    John Donahoe on consumer & retail shifts at the DLD Conference

    DLD Conference 2012 - Day 3

    eBay Inc. President and CEO John Donahoe spoke at the Digital Life Design conference in Munich, Germany on Jan. 24, noting that lines between online and offline commerce are blurring “at a stunningly fast rate.” For half of retail transactions last year, he said, consumers accessed the web at some point during the shopping experience.

    As VentureBeat reported, John predicted more rapid changes in consumer behavior going forward. “I believe that you’re going to see more change in how consumers shop and pay in the next three years than we’ve seen in the last 20 years,” he said. “We’re providing mobile capabilities that consumers are grabbing, but the consumer is in charge here.”

    VentureBeat added: “Donahoe talked extensively about eBay’s role as a friend to the retailer — criticizing Amazon’s competitive approach without specifically naming the company — and how through the acquisitions of GSI, RedLaser, and Milo, along with payments solution PayPal, eBay has transformed itself from an auction site to an open commerce platform (X.commerce).”

    “We’re enablers,” John said. “The real winners are going to be retailers … the retailers that adopt a multichannel shopping experience.”

    DLD Conference 2012 - Day 3

    The Next Web took note of John’s comments on social commerce and its evolution. “Our platform connects into Facebook’s platform in a very compelling way, and I’d like it to plug in to Google+’s platform too,” he said. “Innovation and social commerce won’t be a big winner-takes-all killer app. It’s going to be a lot of innovative experiments, some of which will really take off.”

    On the topic of innovation, The Wall Street Journal reported on John’s comments on eBay’s interest in pioneering start-up companies. “Those are the kinds of companies we are interested in talking to and if you are out there, we’d love to talk.”

    Cheers,
    RBH

    [Images via Hubert Burda Media/Flickr]
    [Story originally appeared on eBay's Intranet site The Hub]